It’s no co-oncidence that the most profitable companies are also the ones that attract the top talent. But is it a ‘chicken and egg’ type scenario? Which comes first? Does it take the best talent to maximise profits or does the profit margin lure the best the brightest?
Leadership and talent management capabilities have a surprisingly strong correlation with financial performance. “Talent magnets”—those companies that rated themselves strongest on 20 leadership and talent management capabilities—increased their revenues 2.2 times faster and their profits 1.5 times faster than “talent laggards,” or those companies that rated themselves the weakest.
You can all the latest results of the Global Leadership and Talent Index right here:
