The Most Significant Capital Challenge for Businesses
The answer may surprise you…
If you were asked to name the most significant capital challenge for businesses today, you might answer:Dwindling market share
Reduced profits
Need to shrink overhead
Strategic workforce cuts
Surviving the downturn
The Society for Human Resource Management (SHRM) engaged the Hay Group to conduct an online survey covering 13 human capital issues. Findings cited are 6,024 global and national companies in over 32 different industries including Agriculture, Aerospace, Entertainment, Healthcare, Hospitality, Publishing, Retail, Wholesale and Utilities. Company grouping sizes were:
- Small 100 – 1000 employees
- Medium 1001 – 10,000 employees
- Large 10,001 – 75,000 employees
- Jumbo > 75,001 employees
Executives surveyed consisted of Human Resource (HR) and other executives such as CEOs, COOs, CFOs and CAOs.
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