At The Growth Principles Company we recognize Human Capital as one of the main drivers for long-term success in any organization. Financial and intellectual capital are dependent on the organization’s human capital in order to meet its desired outcomes. The key elements of Human Capital are organizational culture, leadership effectiveness, employee engagement, and talent retention.
ORGANIZATIONAL CULTURE is a pattern of basic shared assumptions regarding the values, norms, and expectations in an organization.
LEADERSHIP EFFECTIVENESS is the ability of managers to positively influence staff while providing clarity and direction to commonly held goals.
EMPLOYEE ENGAGEMENT is the process of being proud, satisfied, and loyal, while being emotionally connected and committed to one’s role in an organization.
TALENT RETENTION is the ability of an organization to meet the needs of employees, increase loyalty and commitment, and retain top talent.
These key elements of human capital are measured in our organizational assessment tool called the CORE INDEX in a grand factor called the Capital Indicator. Understanding the dynamics of human capital through an objective measure gives an organization a starting point, a benchmark from which to improve. Departmental and organizational analyses of the CORE INDEX help business leaders understand what is going on in their organization, where the strengths are, and where to allocate resources. It is also useful to know how your organization measures against industry or national benchmarks.
How an organization fairs against these measures can generally be referred to as the organization’s health. If a company is healthy, it’s prepared to grow, it can weather an economic downturn, it can capitalize on its potential. A large body of research supports the claim that these key factors are tied to the primary business outcomes of companies in all industry and geographical locations. If your organization is interested in optimizing its profitability and productivity, strengthening customer loyalty, and hanging on to top talent, our consultants are prepared to help set that process in motion.