VANCOUVER, British Columbia, July 9, 2015 /PRNewswire/ -- In the midst of continuing economic woes and an ongoing hangover from the recession, some companies are taking their success to new levels -- and others have reached new lows. For the 5th year in a row, business leaders will find that the average Return on People (ROP) has increased – this year by 13%. There is a new name in the #1 spot on the list (this company more than doubled the previous high-bar), and several significant shifts both up and down amongst the household names included in this report.
Who ranks where in your state or in a specific industry -- and are they getting better or worse? Request your complimentary copy of the report at www.ProfitInPlainSight.com/Benchmark, which includes numerous comparison graphs reflecting seven key takeaway messages, a Top 10 list, a Bottom 10 list, an intriguing infographic of where some of the best known brands rank, and detailed data for the past five years.
"The annual Return on People Benchmark Report indicates how well America's largest companies are transforming their employees' talent into value, and is a solid indicator of productivity," says Anne C. Graham, a best-selling author who has compiled and tracked this metric for over 10 years, using it as a powerful catalyst for change when speaking with executives across North America.
I recall your seminar as though it was just yesterday. You asked us all to plot our "Return on People" on the chart. Unfortunately at that stage our profit was negative $9,955 per employee. While our management team knew we were in a loss position, the impact of seeing ourselves "at the bottom of the class" was very impactful. From your presentation, we reset our goals and we implemented the plan you outlined. For our year ended December 31, 2014, I am pleased to inform you that we achieved $26,671 profit per employee. This was also the highest profitability level in the organization's history.
– CFO, Major Building Products Manufacturer
However, for the first time in 5 years, the increase in ROP comes with flat employment, vs. prior years where new jobs at the 500 companies in the Benchmark grew at an average of 1 million per year. According to Graham: "We saw a similar employment blip in 2012, only to see hiring resume again the next year. Whether this is simply a year when major employers paused to catch their breath or a disturbing trend towards downsizing to improve profitability, remains to be seen."
The Return on People Benchmark Report ranks the Fortune 500 on an A, B, C, D, or F basis for their results on the basis of Profit per Employee (ROP is NOT calculated or reported upon by Fortune). 84% of businesses will find themselves rated a C, D, or F, meaning they don't have the profit they need to fund the growth they want. In fact, almost 17% of these very large companies on the basis of Revenue are losing money!
Business Leaders Unhappy With Their Grade Can Take Action In Two Ways:
On July 7th 2015, New York publisher Morgan James released the solution for leaders seeking to improve their Return on People: Profit in Plain Sight: The Proven Leadership Path to Passion, Profit and Growth, a 5-step Profit in Plain Sight Roadmap readers can follow for take-it-to-the-bank results. The critically acclaimed management book is available online and in bookstores everywhere, and at less than $25, is one of the best investments any business leader can make this year. Details: www.ProfitInPlainSight.com
On July 21st 2015, Author Anne C. Graham will kick off the accompanying Profit In Plain Sight America! Virtual Tour as part of her mission to revitalize the American economy one company at a time. In this 60-minute teleseminar based on her transformational keynote speech, she'll inspire major corporations AND businesses on Main Street to take action using the Benchmark to get a painful wake-up call for setting the bar higher -- and then achieve new goals with the 5-Step Profit Plan to earn all the profit they need to fund the growth they want.
It's time to create renewed economic momentum and leave the recession behind for good. If you would like more information about this topic, or to schedule an interview with Anne C. Graham, please call the Author directly at 604-830-3990. Anne is also available to write a column on a particular subject of the book. For more information including story ideas, quotes, short, long, medium bios, high-res images, and more, visit http://annecgraham.com/just-for-media.
About the Author:
Anne C. Graham is a corporate turnaround expert with deep profit and growth expertise culled from more than twenty-five years of in-the-trenches and executive experience in very diverse industries, from the Fortune 500 to small and mid-size companies.
Anne C. Graham
The Legendary Value Institute
SOURCE The Legendary Value Institute