Hay Group partners with FORTUNE Magazine annually to identify the World's Most Admired Companies, taking as our sample the FORTUNE 1000 and Global 500 companies.
Hay Group partners with FORTUNE magazine annually to identify the World's Most Admired Companies, taking as our sample the FORTUNE 1000 and Global 500 companies.
In the course of this research we conduct our own investigation of best practice within these organizations to determine how the Most Admired Companies are distinct from their peers. We have looked at such issues as the attraction and retention of talent, leadership development, performance management and strategy implementation.
This year the spotlight was on corporate governance in relation to human capital.
Hay Group set out to determine the role successful boards play in overseeing a company's management of its human capital. Are boards more actively engaged with human capital strategies in the Most Admired Companies? Do they take a more proactive approach when it comes to CEO and executive succession and leadership development?
There was a time when matters relating to "human capital" were dismissed as "soft" and relegated to "any other business" on the boardroom agenda. Hay Group's research in this, the tenth year of our partnership with Fortune, reveals that it now comes close to top of the priority list.