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FOCUSED ON RESULTS
Human Capital is a metaphor for the transition in organizational value creation from physical assets to the "intangible assets" — the knowledge, skills and abilities of employees. Estimates suggest that as much as 75 percent of an organization's value is attributable to human capital. While this is not a line item on your balance sheet, it represents an often overlooked and undervalued resource within your organization.
In the last decade, one-third of Fortune 500 CEO's lasted fewer than three years. Top executive failure rates among large and middle market companies average between 30-60% within the first two years. So what are the drivers of these negative trends? Is this executive failure due to a deficiency in intellect, technical skills, motivation, ability to manage change, ability to deal with people or a combination of all of the above? Was it a failure of management in articulating the requirements and setting the direction?
Exiance Leadership Index
Intellect
Technical
Experience
Emotional Intelligence
Motivation
Learning Agility
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While blame abounds, the fact is that articulating a vision, finding the right people and getting the right people into the right positions is critical for success. In today's complicated business environment you can't afford to make costly hiring mistakes. One of the worst things a leader can do is to surround your "A players" with someone who can't get the job done. It doesn't take long for one poor hiring decision to negatively infect the culture.
At Exiance, we work to help articulate your organizational goals, evaluate the existing foundation, uncover constraints and work to align the organization's human capital. Whether the solution is executive coaching for existing management, finding the right permanent replacement or in leveraging a project-based executive for a specific project, we focus on solutions.
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Copyright 2007 Exiance LLC |
