This concise, informative e-newsletter is designed for cutting-edge business executives and management seeking the most effective ways to achieve goals through people.
Below you’ll find the latest news on this emerging field and how your organization can benefit. Feel free to contact us at 1.800.841.7850 for a quick introduction to this new field from the pioneers who helped found it and more specifically how it can potentially help your business or professional career.
S.E.C. Petitioned to Require Disclosure of Human Capital Investments, Engagement
The Human Capital Management Coalition recently petitioned the Securities & Exchange Commission to adopt or amend existing rules to require issuers to disclose information about their human capital management policies, practices and performance, noting “There is broad consensus that human capital management is important to the bottom line, and a large body of empirical work has shown that skillful management of human capital is associated with better corporate performance, including better risk mitigation.” Click here to learn more.
Harvard Prof Says Choice of Time vs. Money is Critical to Happiness
How people choose between time and money can help organizations determine the best ways to engage them, according to research by Harvard Assistant Professor Ashley Whillans. Whillans, who is currently co-authoring a study tentatively titled, “The Non-Financial Benefits of Incentive, Rewards & Recognition,” for the Incentive Research Foundation, conducted 16 studies involving tens of thousands of people representing almost all demographic groups, finding that “people who have a general orientation in their lives [of] focusing on time over money generally experience greater happiness, greater social connections and greater meaning in life.” Read more here.
Could Engagement Investments Come From Stock Buyback Funds?
Since 2004, U.S. public companies are estimated to have spent $6.9 trillion in stock buybacks. Why? Because most CEO’s are measured on short-term earnings-per-share results that provide a clear incentive to focus on short-term actions. But with the overwhelming body of research and common sense supporting an enterprise approach to engagement, the existence of ISO quality management principles and 10018 people management guidelines already in place, and the growing numbers of investors who have discovered the material impact of engagement on share price performance, we believe it’s only a matter of time before we see at least some of that buy-back money focused on more sustainable ways to improve share price performance over time. Read more here.
*Published with the permission of Engagement Strategies Media at EnterpriseEngagement.org
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