Firms that actively promote talented employees outperform
their rivals by almost 70 per cent, a study by Jackson Samuel has
Jackson Samuel, a talent management consultancy, surveyed 58 human
resource managers and a number of managing directors to garner an
overall picture of the UK's talent promotion.
This revealed that those firms who did not actively promote
talented individuals on their staff had a total market
capitalisation of £177.1 billion and generated an overall
shareholder return of 78.5 per cent.
However, firms who do actively promote talented employees report a
market capitalisation close to £300 billion and generated an
average shareholder return of 145 per cent.
Lesley Uren, chief executive of Jackson Samuel, said: "This report
suggests that many chief executives are simply devolving their
responsibilities when it comes to senior level appointments.
"We compared total shareholder return across the 58 companies and
it is crystal clear that those companies where the chief executive
is taking a lead in terms of managing talent are returning
significantly better value to shareholders."
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