Abstract:
A dual focus on developing people and managing them well can provide a long-term performance advantage for companies. A group of companies, called "People + Performance Winners," prioritize skill development and financial performance, and achieve top-tier profitability while delivering opportunities for employees to build their skills. These companies have a distinct organizational structure that fosters bottom-up innovation, making them more consistent and resilient, with lower attrition rates and greater ability to retain talent. These advantages are achieved through effective management practices, systems, culture, and leadership within the company, known as organizational capital, which turns a collection of talented individuals into a cohesive team.
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