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Why Talent Drives Growth: Study from Oxford Economics and SAP Links Workforce Investment and Company PerformanceWALLDORF, Germany, April 23, 2015 /PRNewswire/ -- A greater emphasis on workforce development correlates with better financial results, according to findings from Workforce2020, an independent, global study from Oxford Economics with support from SAP SE (NYSE: SAP). The study examined thousands of high- and low-performing companies worldwide, examining correlations between workforce priority and financial success. The results found several key characteristics of high-performing companies regarding their use of talent to drive bottom-line growth: High-performing companies understand and plan for the demographics of the future workforce "All organizations create business strategies," said Mike Ettling, president of the HR Line of Business, SuccessFactors, an SAP company. "But to translate those business strategies into business outcomes requires committed, involved, productive people. The human resources function has therefore never been more important to organizational success. HR has the opportunity to find, support and drive the talent that ultimately leads to greater financial success, a connection validated by the Workforce2020 study." High-performing companies recruit and keep the best talent High-performing companies reward based on merit, not tenure "Over the last five years our company has grown through multiple acquisitions," said Megan Masoner, senior vice president of Human Capital, NTT Data, Inc. "We believe in driving change through human resources, and effective talent management is a key differentiator in our industry. With the help of SAP and SuccessFactors, we've made talent management more strategic and less complex by implementing a single platform for our global workforce – ultimately helping our overall business succeed." High-performing companies prioritize workforce issues at the C-level "Our goal in conducting this research was to test a long-held belief by many in human resources – that prioritizing workforce issues leads to greater company performance," said Edward Cone, managing editor of Thought Leadership, Oxford Economics. "The results demonstrate a clear division between those who are positioning their companies for the future of work and those who are not. We hope that these findings highlight that talent issues matter – and companies who are falling behind now cannot afford to do so anymore." High-performing companies take training and mentoring seriously High-performing companies recognize the value of data To help human resources professionals understand how HR can drive greater profitability through workforce change, SAP has released a series of assets including a think piece, infographic, and regional and country fact sheets. For more information on the study and related best practices, visit the Growth campaign hub. For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews. About the research Note: The study defines "high growth" as companies that reported either above-average revenue or profit margin growth over the past three years. Of the 2,700 executives surveyed, 15 percent reported above-average revenue growth and 32 percent reported below-average revenue growth. About SAP Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. © 2015 SAP SE. All rights reserved. For customers interested in learning more about SAP products: For more information, press only: Logo - http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO
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