Engage Your Firm’s Future
Peter Drucker Institute’s KH Moon Center for a Functioning Society, partnered with the Wall Street Journal and developed the Management Top 250, a ranking of corporate performance and effectiveness. They based their scoring on 5 dimensions: Employee engagement and development, financial strength, customer satisfaction, innovation, and social responsibility.
Their article in the Wall Street Journal was steeped in mind-numbing data, deviation scores, and statistics. However, they noted something very important: firms with the most significant gains over time were those that focused on employee engagement and development. The article ends with: “As we pointed out—and it bears repeating—all the best managers keep a close eye on all five dimensions of performance. But if you are trying to figure out where to focus first, you can’t go wrong by taking good care of your people.”