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-R.W. Pollock
For fifty three years, Drake International has worked with CEOs,
CFOs and decision makers in organisations like yours to analyse
and implement productivity and performance improvement solutions,
using our wide reach of proprietary methodologies, technologies
and services.
For all these years Drake has been delivering ‘Human Capital
Economics’ through people, process and technology.
Our single minded focus has been on creating measurable results
for your organisation. We strongly believe that organisations
and people are at their highest level of productivity when they
are working with the right skills and behaviours, using the best
processes and technologies and are staffed at the right level
based on workload requirements.
We understand that every company has unique needs and distinct
challenges as you drive and lead your company to be a top performing,
productive and competitive enterprise.
As Founder and Chairman of Drake International, I am delighted
to bring to you this edition of The Drake Business Review as an
extension of our organisation — and as another way to help
you and your company achieve a powerful competitive advantage
in this global and customer driven economy.
Leadership is critical to business success. Leadership is more
than a title or rank.
Personal leadership practices can make the difference between
a company that survives and thrives and one that succumbs and
ultimately fails.
With shrinking global boundaries, ever-changing market demands,
high customer expectations and an often volatile economic climate,
executives and leaders face daunting challenges and intense scrutiny.
Today’s decision makers need to effectively drive the culture
and performance of their organisation.
Whether you are leading in good times or uncertain times, the
leadership challenge is complex, personal and demanding.
Almost daily it seems we hear stories of challenged CEOs. Like
most top executives you probably have to wear multiple hats as
‘leader’, ‘visionary’, ‘chief trouble
shooter’, ‘strategic planner’ and countless
others.
Developing leaders is more difficult than it may first appear.
How do top executives around the world approach leadership? Which
practices do they see as most important? Where do they think improvement
is needed most?
Watson Wyatt Worldwide, an international consulting firm, tackled
the complex study of leadership development and their key findings
form our cover story on "Leadership—The Critical Key
to Financial Success".
Their study found that the more comprehensive a company’s
leadership development effort, the better the financial results.
The article’s prognosis is clear: organisations must invest
in their leaders in order to survive and perform.
In addition to Watson Wyatt’s leadership study, Dr. Jac
Fitzenz, an internationally renowned authority on human resources
management and Founder of the Saratoga Institute in the U.S.,
recognises that "without human capital, nothing can happen
in organisations."
In an interview with author Jay Chatzkel ("Knowledge Capital:
How Knowledge Enterprises Really Get Built"), Dr. Fitzenz
outlines how harnessing human capital is a critical factor in
organisational productivity and can vastly improve both business
performance and shareholder value.
In addition to leadership and organisational productivity, another
key challenge facing executives is determining a return on their
human capital investment. Jack Welch, the now retired CEO of General
Electric, has said that leading CEOs "are keenly aware of
the value of their people."
This concept is explored in an exclusive feature article by Jerry
Amernic in "The Impact of Human Capital on Shareholder Value".
In this global edition of the Drake Business Review we provide
you with insight into relevant and current business topics that
executives around the world are facing today.
The Drake Business Review delivers practical ideas and solutions
to help you lead your team, obtain maximum performance and get
exceptional results. Content has been drawn from respected business
journals and periodicals from around the globe. The Drake Business
Review includes contributions from many of the world’s management
thought leaders and practitioners, academics and journalists.
Topics focus on ‘Human Capital Economics’, offering
analysis into such issues as:
- leadership effectiveness
- staffing strategies for growth and productivity
- value creation
- high performing workplaces
- organisational effectiveness
- customer retention
- e-business strategies
- performance management and
- best practices
R. W. Pollock, Chairman
The Drake Business Review invites you to forward your comments and suggestions to the attention of info@drakeintl.com.
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