No, it has nothing to do with cows. Raise your hand and go Moo if you thought about cows as soon as you heard the term. Don’t worry, that’s what I thought at first also. But there is more to it than a hilarious phonetic relation to cattle. (Yes, I laugh every time I say [...]
A recent report by the Bureau of Labor and Statistics has found that Workforce Productivity of US labor has increased steadily since mid-2008. The latest report shows that productivity in Q4 of 2010 increased at a rate of 2.6% annualized. The government defines labor productivity as real output divided by total hours worked of all [...]
A recent study of 704 CEOs by the Conference Board as reported by the Wall Street Journal confirms what we’ve known for a while. CEO’s ranked “Talent” as the Number 2 Priority behind “Growth”. HR Professionals have known that talent management is important for quite some time. We have worked so hard to get our [...]
Since the industrial revolution companies have been pursuing ways to quantify workforce productivity and the differential value that top performers contribute versus average performers. Back when most jobs were either direct sales or were involved in manufacturing and production of products it was far easier to simply measure the amount of sales a sales person [...]