By excelling in talent management, the average Fortune 500 company can generate a nearly 15 percent improvement in earnings before interest, depreciation and amortization (EBITDA), netting almost $400 million annually, according to new Book of Numbers research from The Hackett Group, a strategic advisory firm and an Answerthink company.
Hackett's research demonstrates the bottom line impact of more effectively managing human assets and provides strong evidence to executives, investors and HR leadership of the value of developing intangible assets such as a company's workforce. The research also provides HR organizations with a new way to demonstrate the effect of their efforts on productivity, customer satisfaction and employee commitment, and by extension, on sales, profits and shareholder value.
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