Global Human Capital Trends 2017
Global Human Capital Trends 2017
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PREFACE
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CONTENTS
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                          1
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                                                                              - centu  ryd  fig
                                                                                              fi
                                                                                               ta fl organ  fi
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ENDNOTES
1
. K
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                rthIndu
                      str
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                              flu
                                tfion(Wo
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                                                cFo
                                                  rum
                                                    ,2016
                                                        ).
2
. John Hagefl
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                                        ,TheB
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                                                  f
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                           .
3
. JefS chwartzetafl
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                                                   fytheworken v
                                                               fironment
                                                                       ,De flo
                                                                             fi
                                                                              t
                                                                              teUn fivers
                                                                                        fi
                                                                                         tyP re
                                                                                              ss, March7,
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     ,h  t
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            //dup ress
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                          fi
                           t
                           te.
                             com /dup-us-en/focus /human -cap
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                                                             tafl
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                       :dc:dup682:con
                                    s:awa :hct14,a c ce
                                                      ssedJanua ry13,2017.
4
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                  stfi
                     cs,Labo
                            rprodu
                                 ctfiv
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                                      tyandco
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                                              ,h
                                                ttp
                                                  s:/
                                                    /www
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                                                          s
                                                          .gov
                                                             /flp
                                                                c/p
                                                                  rodyba
                                                                       r.h
                                                                         tm,a
                                                                            cce
                                                                              ssedJanu-
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           .
5
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                         rBe
                           fingLa
                                te(Fa
                                    rra
                                      r,S
                                        trau
                                           s&G
                                             fioux
                                                 ,2016
                                                     ),pp
                                                        .213219
                                                               .
6
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                                                           21
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                                                                   22
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Empow   e
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fingonn  etwo rk so
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                                                                                                                  fld w  fi
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                                                                         veea se.
Fo rfin
      stan  ce,aflarg et e
                         fl
                          ecommun     fi
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                                                                                                    eof  erscfl
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fin A s
      fia ha semb   ra cedr ea fl
                                -tfime da shboa rdstha t          Organ  fi
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                                                                                                         cfram  ewo  rkfo r
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                        fl1
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              fingcondu   ctedas  e rfi
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                 fldtoh  eflpth ecompan   yfidentfi
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                                                                         fi
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                                                                                                                   .
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                                                                                   ep  rograms.I thadtotransform
                                                             23
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                                                                                                            fita
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ENDNOTES
          1
          . T
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                                                     fler
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                                                                                                            fign
                                                                                                               :The
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            fi
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                       D eflo
                             fi
                              tteGfloba flHumanCapfi
                                                   ta flTrends2016,Februa ry29
                                                                             ,2016 ,ht
                                                                                     tps:
                                                                                        //dupress.de flo
                                                                                                       fi
                                                                                                        t
                                                                                                        te .
                                                                                                           com /dup-
            us
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                     /human   -cap
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                                      t rends/2016
                                                 /organ  fi
                                                          zat
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                                                                              -of-teams
                                                                                      .htmfl
                                                                                          ,a ccessedDe    cembe r21
                                                                                                                  ,
            2016.
          2
          . TrevorPage  ,Amfi
                            rRahnema  ,Ta ra Murphy ,andT  fifany McDowefl
                                                                         fl
                                                                         ,Un flo
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            fiona
                fl d
                   esfignfo
                          r an unc er
                                    tafinfutu
                                            re, De flo
                                                     fi
                                                      t
                                                      te, 2016 ,https
                                                                    :/
                                                                     /www2  .deflo
                                                                                 fi
                                                                                  tte.com/content/dam /De flo
                                                                                                            fi
                                                                                                             t
                                                                                                             te /g
                                                                                                                 flobafl
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            Documen ts /HumanCapfi
                                 tafl
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                                            flo
                                              ckfing-flex
                                                        fib
                                                          fle
                                                            -%20organfi
                                                                      zat
                                                                        fion.pdf
                                                                               ,a  ccessedDe cembe r21 ,2016 .
          3
          . Repo
               rtbyRobC
                      ros
                        s,h
                          ttp
                            ://www
                                 .rob
                                    cro
                                      ss.o
                                         rg/
                                           con
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                                               tfia
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                                                     .
          4
          . JoshBe
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                                                                                                                     13
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                                                                         32
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ENDNOTES
          1
          . LyndaG
                 rat
                   tonandAnd
                           rewS
                              cot
                                t,Th
                                   e100
                                      -Yea
                                         rLfi
                                            fe:L
                                               fi
                                                v
                                                fingand Wo
                                                         rkfingfinanAg
                                                                     eofLong
                                                                           evfi
                                                                              ty(B
                                                                                 floom
                                                                                     sbu
                                                                                       ry,2016
                                                                                             ).
          2
          . Be
             rsfinbyDe
                     flo
                       fi
                        t
                        tep
                          rop
                            rfie
                               taryre
                                    sea
                                      rch w
                                          fi
                                           thG
                                             fla
                                               ssdoo
                                                   r.
          3
          . Chrfi
                stfieSmfi
                        thandS tephan
                                    fieTurner
                                            ,Th eMfi
                                                   fl
                                                    fl
                                                     ennfia
                                                          fl ma
                                                              jor
                                                                fi
                                                                 tyfi
                                                                    stran
                                                                        sform
                                                                            fingyou rcufl
                                                                                        tur
                                                                                          e,De flo
                                                                                                 fi
                                                                                                  t
                                                                                                  te ,2016,pp.115,
            https:/ /www2 .de
                            flo
                              fi
                               tte.
                                  com/content/dam/De flo
                                                       fi
                                                        tte/u s
                                                              /Documen  ts
                                                                         /abou t
                                                                               -deflo
                                                                                    fi
                                                                                     tte/us-m
                                                                                            fi
                                                                                             fl
                                                                                              flennfia
                                                                                                     fl
                                                                                                      -major
                                                                                                           fi
                                                                                                            ty-w
                                                                                                               fi
                                                                                                                fl
                                                                                                                 fl
                                                                                                                  -
            tran sfo rm
                      -you r
                           -cufl
                               ture
                                  .pd
                                    f,accessedDecembe  r21 ,2016 .
          4
          . Dan
              fiJohnson
                      , Th
                         ecare
                             er managemen
                                        tf ramewor
                                                 k, Be
                                                     rsfinby De
                                                              flo
                                                                fi
                                                                 t
                                                                 te,2016
                                                                       ; Dan
                                                                           fiJohn
                                                                                son
                                                                                  ,App
                                                                                     fl
                                                                                      y
                                                                                      fingth
                                                                                           eca
                                                                                             ree
                                                                                               r
            managementf
                      ramewo
                           rk,BersfinbyDe
                                        flo
                                          fi
                                           t
                                           te,2016
                                                 .
          5
          . G
            rat
              tonandS
                    cot
                      t,Th
                         e100
                            -Yea
                               rLfi
                                  fe.
          6
          . Ge
             rafldC.Kane  , DougPaflme r
                                       ,Anh NguyenPh fi
                                                      fl
                                                       fl
                                                        fip
                                                          s, DavfidKfi
                                                                     ron ,and Nata shaBu   ck
                                                                                            fley
                                                                                               ,Afl
                                                                                                  fignfingtheorganfi
                                                                                                                   zatfion
            fo
             rfi
               tsdfig
                    fi
                     taflfu
                          ture,MITSfloan Managemen tRev fiewandDe   flo
                                                                      fi
                                                                       t
                                                                       teUn five
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                                                                                  tyP re ss
                                                                                          ,Jufly25
                                                                                                 ,2016   ,h t
                                                                                                            tps
                                                                                                              ://dup re ss
                                                                                                                         .
            de
             flo
               fi
                tte
                  .com  /dup-us-en
                                 /top fi
                                       cs/eme
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ENDNOTES
1
. Angefla Na
           tfiv
              fidad
                  ,He
                     finekenju
                             st madean HRcampa
                                             figntha
                                                   tsa
                                                      scoo
                                                         fla
                                                           sanycon
                                                                 sume
                                                                    rad
                                                                      sfi
                                                                        t
                                                                         sdone
                                                                              ,AdW
                                                                                  eek,
  Septembe r15  ,2016
                    ,http:/
                          /adweek
                                .fi
                                  t
                                  /2cy8g6Q
                                         .
2
. Rob
    finE r
         fi
          cksonand Den fi
                        se Mou
                             fl
                              ton
                                ,Refimag
                                       fin
                                         fingtafl
                                                entattra
                                                       ctfion
                                                            :D efl
                                                                 flt
                                                                   ran
                                                                     sfo
                                                                       rmsfi
                                                                           tsempflo
                                                                                  ym entb
                                                                                        randb  ygo
                                                                                                 fing
  soc
    fia
      fl
       ,Be rs
            finbyDe
                  flo
                    fi
                     t
                     te ,November9,2016,h t tp
                                             :/
                                              /be rs
                                                   finone.bersfin
                                                                . com/
                                                                     resou
                                                                         rce s
                                                                             /re
                                                                               sea rch
                                                                                     /?doc
                                                                                         fid=20355
                                                                                                 .
3
. Ka
   the r
       fineJone
              s,Buyer
                     sgufidetotafl
                                 entacqu fi
                                          s
                                          fit
                                            fion manag ementandonboa
                                                                   rdfingso
                                                                          flu
                                                                            tfion
                                                                                s2013,Be
                                                                                       rsfinbyDe
                                                                                               flo
                                                                                                 fi
                                                                                                  t
                                                                                                  te,
  Ju
   fly2013, www.be
                 rsfin
                     .com /Prac
                              tfi
                                ce /De
                                     tafi
                                        fl
                                         .a spx?docfid=16724
                                                           .
4
. ATCEven
        tsand Medfia
                   ,Chatbotfin
                              te rv
                                  fiew
                                     sre crufi
                                             ter
                                               ,rec
                                                  rufi
                                                     terge
                                                         tssm
                                                            fi
                                                             t
                                                             ten
                                                               ,Novembe
                                                                       r25
                                                                         ,2016
                                                                             ,ht
                                                                               tp:
                                                                                 //a
                                                                                   tchub
                                                                                       .
  net
    /news
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           t-bot
               -fin
                  terv
                     fiew
                        s-re
                           c rufi
                                ter
                                  -recru
                                       fi
                                        ter-ge t
                                               s-sm
                                                  fi
                                                   tten/
                                                       .
5
. Jona
     than N
          fi
           cho
             fl
              son(
                 cofounde
                        rand manag
                                 fingd
                                     fi
                                      rec
                                        tor
                                          ,Pred
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                                                                       thRob
                                                                           finE
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                                                                                ckson
                                                                                    , De
                                                                                       -
  cember5
        ,2016.
6
. Rfi
    cha rdGeo  rge,
                   Interv
                        fiew :HowSAPfi
                                     su sfingca r
                                                toon   s
                                                       ,vfideogame sand mo  retochangere   crufi
                                                                                               t
                                                                                               fings
                                                                                                   tandard
                                                                                                         s,
  LfinkedIn , September 19  , 2016
                                 ,https:/
                                        /bu  s
                                             finess
                                                  .fl
                                                    finkedfin
                                                            .com/ta
                                                                  flen
                                                                     t-soflu
                                                                           tfion s
                                                                                 /bflog/
                                                                                       rec
                                                                                         rufi
                                                                                            t
                                                                                            fing
                                                                                               - s
                                                                                                 tra
                                                                                                   tegy
                                                                                                      /2016/
  fintervfiew-how-sap-
                     fi
                      s-usfing
                             -car
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                                   s-v
                                     fideo -game s-and  -mo re-
                                                              to-
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7
. PeopfleS
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                     fi
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                                                                        t
                                                                         sa ma rathon,no
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                                                                                              t,2015
                                                                                                   ,
  ht
   tp://www .peopfle
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                           finnovat
                                  five
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                                                     53
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                                                                                                               stratesthatth  efo-
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                                                                                                                  encefi
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                                                                                                                          fi
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                                                                                    ITYOFTHE
             manag   em ent,andt  radfi
                                      tfiona fl HRp roces se s.            EMPLOYEEEXPER
                                                                                       IENCE
                                                                      56
                                                                                                 2017De
                                                                                                      flo
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 Inno vatfive compan    fi
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                                 8
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                                                                    Th e sechang   e s
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                                                                                           venb   y CEO Ma     rk F  fi
                                                                                                                      eflds,a flso
 and man   yo th e rcompan   fi
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                                                                                                           cu t
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       fl
        ectemp   floyeefideasandd   esfignn  ewapp    roa  ch-      th efi
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 estop  e r
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                                                                                                                            ces,fit
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                                                                                                                                   -
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                                   rectfl
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                                                                                                           fions
                                                                                                               . Wh   fi
                                                                                                                       fl
                                                                                                                        eFo  rdfi s
pe r
    f ectemp  floye eexp  e
                           rfi
                             en ce
                                 .                                  ta ckfl
                                                                          fingth fi
                                                                                  sa  cro ssa fl
                                                                                               flfi
                                                                                                  tsco  r ebu sfinessp   ro cess es,
                                                                    th e HRt   eamfi  sfleadfingth   e wa  y
                                                                                                           ,flookfingtod    efl
                                                                                                                              fiver
Man yfleadfingfi rm sa refin co rpo ratfingd   esfignth fink-
                                                                    hfigh-fimpa ct,finno  va t
                                                                                             five wo   rkfo rceso flut fions and
fingtofimp    ro veth eo   vera fl
                                 flemp  floye eexp    er
                                                       fience.
                                                                    exp  erfi
                                                                            en cestha  tfimp  ro  ve wo   rkers
                                                                                                              flfi
                                                                                                                  v es .A  sF   efl
                                                                                                                                  fi
                                                                                                                                   -
Nfik
   e, Commonw      eafl
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                                               fia,T   e
                                                       fl
                                                        stra,
                                                                    cfiaF fi
                                                                           eflds
                                                                               ,g roupv   fi
                                                                                           c ep r esfiden t, HRandco      rpo ra te
Deu tscheT   efl
               ekom ,ands     e v erafl o
                                        th  ercompan     fies
                                                                    se r v
                                                                         fi
                                                                          c es,pu tsfit,Ou   rm  fissfionfisto mak    eemp    floy-
ha ver edesfignedth  e
                     fironboa    rdfing
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                                                tm  en t
                                                       ,and
                                                                    ee sfl
                                                                          fi
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                    fi
                     c eapp  fl
                              fi
                               ca t
                                  fions.Inea    chca  se,th e
                                                                    wo rk,f e e
                                                                              flabou two   rk,andth     ewa  yw  edoou    rwo   rk
compan   yd  eveflopedan    ews   e
                                  to  f mob  fi
                                              fl
                                               eapp   s,n  ew
                                                                    dfif eren t
                                                                              fl
                                                                               y.
us erexp erfienc es,orn   ews  er v
                                  ficed  efl
                                           fi
                                            ve ryso  flu
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tofimp  rov eands   fimp fl
                          fi
                           fyflfi
                                fea  t wo rk. 1
                                              1
                                                  HRshou   fld      Fo racompan     ysoe   stab fl
                                                                                                 fi
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                                                                                                                ,andcomp    fl
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 eadth  esecon   versatfions.                                       th fi
                                                                        sfi
                                                                          sno  tea  sy,andth     eon  fly wa ytor  evoflu
                                                                                                                        tfionfi
                                                                                                                              ze
                                                                    th eemp  floye eexp e rfi
                                                                                            en  cefistop  ra ctfi
                                                                                                                ced es
                                                                                                                     fignth fink-
Compan    fie
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                                                                    finga ts cafl
                                                                                e.A spa  rto fFo   rdsb  road HRt  ran sfo rma -
pfla
   c efit s e
            fl
             f
             ,s   eek
                    fing a fl  exfibfl
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                                                       ve, hu-
                                                                    tfionfin
                                                                           fi
                                                                            tfia
                                                                               tfive(wh  fi
                                                                                          chfin  cflude sfimp fl
                                                                                                               em entfingan  ew
man fi
     stfi
        cen   vfi
                ronm  ent.Fa  c ebook   sn  ewcampu      sfis
                                                                    gflobafl HR op  era tfing mod    efl andt   echnoflogyp flat-
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       fu fl
           ,p  ersonafl
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                       zed ,and fi    fl
                                       fl
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                                                                                                   taflHRapp    s)
                                                                                                                 ,thecompan     y
ea t
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                  ,ex  ercfi
                           se,and wo      rktog   e ther.12
                                                             Ap-
                                                                    emba  rk edonag    floba flfl
                                                                                                fi
                                                                                                 st enfingtou  rtound   e
                                                                                                                        rs tand
pfl
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                  e,Lfink edIn , and wo
                                13
                                              rkp flaced  esfign
compan    fie
            ssu  cha sG  en sfl
                              e r
                                , 14
                                      Ste efl
                                            ca  se
                                                 ,15
                                                     andL   e es
                                                               -
man16 ha    vefin t
                  rodu c edfinno   va t
                                      fiven   ew wo   rkspa c es
tha tb  rfingtog  ethe rr ecr eatfion ,co  fl
                                            flabo ra t
                                                     fion,and
findfi
     vfidua flwo rkfinno  ve
                           flwa  y s.17
Le
 sson
    sfromthef
            ron
              tfl
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                   s
Ford Mo torCo .
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                                            ,fi
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W
fithafo   cu sonfinno  vat
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                                        fl
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tfionstoh   eflpp eop
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                                                               57
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                      fi
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                                                                                                                                    -
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                                                           t sefo  rts
                                                                           wh ereIs tandandtha    tm  yp e r
                                                                                                           sp ec tfi
                                                                                                                   ve sa r
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                                                                           Th roughth   esemom    ents,th  e HRt    eamfi s now
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                                           en ce s
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                                                                                                                        fl
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                                                                                                                                         e
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                                                                    th     nota flwa y su s efu
                                                                                              flfing et
                                                                                                      tfingth efirwo   rkdon   e
                                                                                                                               .P   eop fl
                                                                                                                                         e
          emp  floyeesandp      eop fl
                                     eflead e rsa cros safl
                                                          fla r
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                                                                            ead  e
                                                                                 r sf  efl
                                                                                         ttha t HRbu     sfinesspa    rtn ersw  e reo   ver-
          Ford sbu  sfines s
                            .                                              wh e
                                                                              flm edb   yop  eratfionafltask s
                                                                                                             ,n  ega  tfi
                                                                                                                        veflyfimpa  ctfing
                                                                           th etfim eth  e ycou fldsp endengag     fingandd    ev eflopfing
          Asar  e
                su fl
                    to fth fi
                            sbroadandop  enf  e
                                              edbackp ro c
                                                         ess
                                                                           th e
                                                                              firteam    s
                                                                                         .Toadd    r e
                                                                                                     ssth  esefissu  es,th e HRt   eamfi  s
          (thfi
              swa  sth efir s
                            ttfimeFordhaddon   eth
                                                 fi
                                                  sonsu  cha
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          wfidescafl
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                                    sflea
                                        rnfingaboutwha tem-
                                                                           fin
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          pflo
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                       fl
                        y wan t
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                                          em sandcha fl
                                                      fl
                                                       eng es
                                                                           tooflstha  ta  re mo  refintu fi
                                                                                                          t
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                                                  t e
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                                                            e
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                                                                                                          flowsth    e wo  rkfor cetofin   -
          andempow     erth emfinthefi
                                     rda y-
                                          to -daywork.
                                                                           tera ctw   fi
                                                                                       th HRth      rough mu   fltfipfl
                                                                                                                      e chann   efl
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          Toturnthfi
                   sde
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          resu
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              ts,theteamth  ens  egmen
                                     tedth e workfor
                                                   ce                      sfimpfl
                                                                                 fi
                                                                                  fye   ver yth
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                                                                                                                  flo fth fi
                                                                                                                           sfisa fim eda  t
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                                                                                                              r fi
                                                                                                                 en  c eandf  re efing HR
                                                                           prof essfiona fl
                                                                                          stosuppo    rts trateg fi
                                                                                                                  cbu   s
                                                                                                                        fin essn  eed s.
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                                                                                             fingfisfofld
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                                                                                                                               s
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                                                                                                                           ch wa s
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                                                                                                     ss  trong a  fl
                                                                                                                   fignm entw fi
                                                                                                                               th
                                                                      58
                                                                                           2017De
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ENDNOTES
1
. W
  fik
    fipedfia
           ,Ne tPromo  ter
                          ,https
                                ://en.w fik
                                          fipedfia
                                                 .org
                                                    /w fik
                                                         fi
                                                          /Net_Promote r
                                                                       . NetP
                                                                            romotera sksas fimpfle questfion:
  Onas   cafleofze rototen ,howfl
                                 fike
                                    flyfi
                                        sfityou wou  fldrecommendth   fi
                                                                       scompanyasap fla
                                                                                      ceto wo rk ?
                                                                                                 U sfingth fi
                                                                                                             s
  que st
       fion,o rgan
                 fizat
                     fionscanso r
                                temp   floyee sfintopromo   te
                                                             rs,pas
                                                                  sfives,anddet
                                                                              racto
                                                                                  rs,sfim
                                                                                        fi
                                                                                         fla
                                                                                           rtothefiden   t
                                                                                                         fica
                                                                                                            fl
  que st
       fionu sed wfide
                     fly w
                         fi
                          thcustome rs.
2
. JoshBers
         fin
           ,Becomfing
                     fi
                      rre
                        sfi
                          stfib
                              fle
                                :Anew mode flfo
                                              remp  floyeeengagemen t
                                                                    ,D
                                                                      eflo
                                                                         fi
                                                                          t
                                                                          t eR
                                                                             evfi
                                                                                ew 16,January26 ,2015
                                                                                                    ,
  ht
   tps
     ://dupres
             s.de
                flo
                  fi
                   tte
                     .com/dup  -us-en
                                    /de
                                      flo
                                        fi
                                         t
                                         te-revfiew
                                                  /fi
                                                    s sue-16
                                                           /empfloyee
                                                                    -engagemen  t
                                                                                - s
                                                                                  tra
                                                                                    tegfie
                                                                                         s.h
                                                                                           tmfl
                                                                                              .
3
. Be
   rsfinbyDe
           flo
             fi
              t
              tep
                rop
                  rfie
                     taryre
                          sea
                            rch w
                                fi
                                 thG
                                   fla
                                     ssdoo
                                         r.
4
. Ka
   teTay flo
           r,Ch
               fi
                ck-fi
                    fl
                     -Afi
                        sbeat
                            fingeverycompe  tfi
                                              torbytrafin
                                                        fing worker
                                                                  stosayp fleaseandthankyou
                                                                                             ,
                                                                                             Bu
                                                                                                sfin
                                                                                                   ess
  In
   sfid
      er,O ctobe
               r3 ,2016 , www
                            .bu s
                                fine
                                   ssfin
                                       sfide
                                           r.com /
                                                 chfi
                                                    ck-fi
                                                        fl
                                                         -a-
                                                           fi
                                                            s-the-mos
                                                                    t-po
                                                                       fl
                                                                        fi
                                                                         te- chafin
                                                                                  -2016-10
                                                                                         .
5
. De
   flo
     fi
      t
      teandFa
            cebook
                 ,T
                   ran
                     sfi
                       t
                       fion
                          fingtothefu
                                    tureo
                                        f wo
                                           rkandthe wo
                                                     rkp
                                                       fla
                                                         ce,
                                                           Novembe
                                                                  r2016
                                                                      .
6
. Bu
   reau o
        fLabo
            rStat
                fi
                 stfi
                    cs,Ove
                          rvfiew o
                                 f BLS p
                                       rodu
                                          ctfiv
                                              fi
                                               tys
                                                 tat
                                                   s, www
                                                         .bfl
                                                            s
                                                            .gov
                                                               /bfl
                                                                  s/p
                                                                    rodu
                                                                       ctfiv
                                                                           fi
                                                                            ty.h
                                                                               tm,a
                                                                                  cce
                                                                                    ssed
  De
   cember21
          ,2016
              .
7
. Pro
    jec
      tTfime Of,Thesta
                     teo fAm e
                             rfi
                               canva  ca
                                       tfion2016
                                               :Howvaca
                                                      tfionb
                                                           ecam eaca
                                                                   sua
                                                                     fl
                                                                      tyo
                                                                        four wo
                                                                              rkcufl
                                                                                   tur
                                                                                     e,p.6
                                                                                         ,
  www.pro
        ject
           tfimeof
                 .com/s
                      fi
                       tes/de
                            faufl
                                t/fi
                                   fle
                                     s/PTO _SoAVpe
                                                 rcen
                                                    t20Report_F
                                                              INAL
                                                                 .pd
                                                                   f,a
                                                                     cces
                                                                        sed O
                                                                            ctobe
                                                                                r6 ,2016
                                                                                       .
8
. Jeanne Me
          fi
           ste r
               ,Cfi
                   sco HRbreakathon:Refimag
                                          fin
                                            fingtheempfloyeeexpe
                                                               rfien
                                                                   ce,
                                                                     Fo
                                                                       rbe
                                                                         s, Ma
                                                                             rch10
                                                                                 ,2016
                                                                                     , www
                                                                                         .
  forbes
       .com/sfi
              tes/
                 jeannemefi
                          ste
                            r/2016/03
                                    /10 /
                                        the-c
                                            fisco
                                                -hr
                                                  -breakathon/
                                                             .
9
. Exe
    cut
      fiveconve
              rsa
                tfion
                    swfi
                       thau
                          tho
                            rs.
10
 . Ben Whfi
          t
          ter,Bye
                 , bye
                     , humanre
                             source
                                  s,L
                                     finked
                                          In,Ju
                                              fly 27
                                                   , 2015
                                                        , www
                                                            .fl
                                                              finked
                                                                   fin
                                                                     .com
                                                                        /pu
                                                                          fl
                                                                           se/bye
                                                                                -human
                                                                                     -
   resou
       rces-ben
              -whfi
                  t
                  ter
                    -%E6%9C%AC%E7%BB%B4%E7%89%B9  .
11
 . Exe
     cut
       fiveconve
               rsa
                 tfion
                     swfi
                        thau
                           tho
                             rs.
12
 . ToddC
       .Franke
             fl
             ,Whatthesephoto
                            so fFacebook
                                       snewheadqua
                                                  rte
                                                    rssayabou
                                                            tthefu
                                                                 tureo
                                                                     f wo
                                                                        rk,
                                                                          Wa
                                                                            shfing
                                                                                 ton
   Pos
     t,November30
                ,2015,ht
                       tp:
                         //wpo.
                              st/93cX2
                                     .
13
 . Exe
     cut
       fiveconve
               rsa
                 tfion
                     swfi
                        thau
                           tho
                             rs.
14
 . Gensfle
         r, 2013U.S
                  .workp
                       fla
                         cesurv
                              ey:K
                                 eyfind
                                      fing
                                         s,2013
                                              , www
                                                  .gensfle
                                                         r.com
                                                             /up
                                                               fload
                                                                   s/do
                                                                      cumen
                                                                          t/337
                                                                              /fi
                                                                                fle
                                                                                  /2013
                                                                                      _US
                                                                                        _
   Workpfla
          ce _Su
               rvey
                  _07
                    _15_2013.pdf
                               ,ac
                                 ces
                                   sedDe  cembe
                                              r21,2016
                                                     .
15
 . S
   tee
     fl
      ca se
          ,Boo st
                fingempflo
                         yeeengag
                                em en
                                    t, Novembe
                                             r12
                                               ,2014
                                                   , www
                                                       .stee
                                                           fl
                                                            case
                                                               .com
                                                                  /fin
                                                                     sfigh
                                                                         ts/a
                                                                            rtfi
                                                                               c
                                                                               fle
                                                                                 s/boo
                                                                                     stfing
                                                                                          -
   emp
     floyee-engagement-pfla
                          ce-ma
                              tte
                                rs/
                                  .
16
 . Leesman, Leesman_
                   rev
                     fi
                      ew, 2016
                             , http
                                  :/
                                   /or
                                     fig
                                       fin
                                         .mfi
                                            sc.page
                                                  sufi
                                                     te.
                                                       com
                                                         /pd
                                                           fdown
                                                               fload
                                                                   /51d9a04a
                                                                           -9157
                                                                               -480a
                                                                                   -bef
                                                                                      -
   e6e5aa71d882
              .pdf
                 ,acces
                      sedDecembe
                               r21,2016.
17
 . Ker r
       fi Hughe s
                ,16s    t
                         fimufla
                               tfingde sfignoficestos   t
                                                        fi
                                                         rthesense s
                                                                   ,C rea
                                                                         tfiveB floq,Februa
                                                                                          ry19
                                                                                             ,2016, www .creatfive
                                                                                                                 -
   b
   floq.com  /desfign /de s
                          fign
                             -ofi  ces
                                     -912828  ;seea fl
                                                     so JohnHagefl
                                                                 ,JohnSee flyB rown ,andTamaraSamoyflova
                                                                                                       ,Wo rken-
   v
   fi
    ronm   entrede sfign:Acc e
                             fl
                              era teperfo rman c
                                               eth roughta fl
                                                            ent
                                                              ,Deflo
                                                                   fi
                                                                    tteUn fiversfi
                                                                                 tyPress
                                                                                       ,June3
                                                                                            ,2013
                                                                                                ,ht tps:
                                                                                                       //dup re ss
                                                                                                                 .
   deflo
       fi
        tte.com /dup   -us
                         -en /top fi
                                   cs/
                                     taflent/work-envfironmen t
                                                              -redesfign
                                                                       .htm fl
                                                                             .
18
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    rdpa
       ss,Home
              , www
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                     rdpa
                        ss.
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                                ssedJanua
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                                               .
19
 . K
   fi
    rstenKo
          rosek
              ,Fo
                 rd
                   spflan
                        stodo mo
                               rethanju
                                      stse
                                         fl
                                          flca
                                             rs,
                                               Fo
                                                 rtun
                                                    e,Janua
                                                          ry12
                                                             ,2016
                                                                 ,ht
                                                                   tp:
                                                                     //fo
                                                                        r.tn
                                                                           /1mS
                                                                              tuQp
                                                                                 .
20
 . Conve
       rsa
         tfion
             swfi
                thFo
                   rdsen
                       fio
                         r managemen
                                   t,Novembe
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                                                      61
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   heflpteam  sflea rnfromh   fighp erform  ers.9
                                                                 cflu
                                                                    sfion,d fi
                                                                             ver sfi
                                                                                   ty,andc  fla
                                                                                              rfi
                                                                                                t yo  fro fl
                                                                                                           esa recr
                                                                                                                  fit
                                                                                                                    fi
                                                                                                                     caflto
Hund r ed so  f compan    fi
                           e s finc
                                   fludfing Adob   e,IBM   ,     teamsu   cc ess.T   eamflead er s mu  stb  ehand s-onand
GE , Go fldmanSa    chs,N   ew Yo   rkL fi
                                         f e
                                           ,Jun  fiperN  e t-    actfi
                                                                     vefl
                                                                        yengag    ed.Andt   eam  s mu   stb  econne c
                                                                                                                    tedto
wo rks, and C   fi
                 s co con  tfinu e exp e r
                                          fim entfing w fi
                                                         th      oth e
                                                                     rt  eam stosu    cceed.M   ea su  r
                                                                                                       fingth esen ew m  et-
newp   ro ces se
               s,and mo     sta  refind fingg  r
                                               ea tva flue
                                                         .10     rfi
                                                                   csr equfiresn   ewtoo fl
                                                                                          sandapp      roa ch e
                                                                                                              s,though tfufl
Th efo cu sha  ssh fi
                    ftedf  romta   flk
                                     fingabou  tp   eopfl
                                                        eto      exp erfimen tatfion,anda w     fi
                                                                                                 fl
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taflk
    fingw  fi
            th p   eopfl
                       efin op    encon   ver sa
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                                                                       s.
newp   erfo rman  ceapp  roa  chfisfo cus edonfimp   ro v
                                                        fing
                                                                 De veflopfingg  reaterc fla
                                                                                           rfi
                                                                                             tyabou   thowp   e r
                                                                                                                fo rman  ce
dfi
  scu ssfions,c rea t
                    fingf r equ en tch  eck-fins
                                               ,andc   rea t-
                                                                 fi
                                                                  sm   ea su redha   ssu rfac eda saco   reva fluea t man   y
fingad  e veflopm  entaflfocu s,sa fidAm  yB  erg,d fi
                                                      recto r
                                                                 organ  fi
                                                                         za t
                                                                            fion s, partfi
                                                                                         cuflar
                                                                                              flyaroundch    e ck-fin
                                                                                                                    sw  fi
                                                                                                                         th
oftaflenta  tAd fidasG  roup .11
                                                                 manag   ers and goa   fl
                                                                                        -s e
                                                                                           ttfingfo r emp flo yees. Som   e
                                                                 sma  fl
                                                                       fl
                                                                        ercompan     fi
                                                                                      es ha  veg rea ter fl
                                                                                                          ex fib
                                                                                                               fi
                                                                                                                fl
                                                                                                                 fi
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                                                                                                                  fls
                                                                                                                    ,wh  fi
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                                                                                                                           e
     Thefocusha  ssh fi
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                                                                    rg
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                                                                             ,th
                                                                                   fi
                                                                                  eo
                                                                                    es ma
                                                                                     flds y
                                                                                           yfo
                                                                                           st
                                                                                               cu
                                                                                             emo
                                                                                                 sond
                                                                                                 fca  s
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                                                                                                       cad
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                                                                                                          finggoa
                                                                                                                   ta
                                                                                                                   fl
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                                                                                                                    sf rom
                                                                                                                          fls
                                                                                                                            .
      fromta fl
              k
              fingabou  t                                        th
                                                                 uto
                                                                    eCEOa
                                                                     rfisno
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                                                                               flth
                                                                             tpa  r
                                                                                   ewa
                                                                                  to fth
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                                                                                         en ewd  es
                                                                                                      efind
                                                                                                   fign.
                                                                                                          fivfiduaflcon trfib
                                                                                                                            -
       peop
          fletota flk
                    fing                                         Ones fignofpo sfi
                                                                                 tfi
                                                                                   vechang   efi
                                                                                               sar fi
                                                                                                    sefinemp flo
                                                                                                               ye e
                                                                                                                  -
      w
      fi
       th peop fle
                 finopen                                         dr
                                                                  fi
                                                                   v encommun    fi
                                                                                  catfionrath erthanon  e-wayf  eed-
                                                                 back.E  va
                                                                          flua
                                                                             tfing manag   ers onth  e quan
                                                                                                          tfi
                                                                                                            ty and
        conversa t
                 fions.                                          quafl
                                                                     fi
                                                                      tyofcon v ersatfionsfi
                                                                                           sb ecomfingak eytobo  th
                                                                 teamand manag    ersu  c
                                                                                        c e
                                                                                          ss.
                                                                Whfi
                                                                   fl
                                                                    eth  eu seo fafo  rcedd  fi
                                                                                              strfibutfioncu    rve ma   yb e
                                                                fad fing, man  yorgan fi
                                                                                       zatfionsa  reunw    fi
                                                                                                            fl
                                                                                                             fl
                                                                                                              fingtog  fiveup
TEAMEFFECT
         IVENESS
               ,DEVELOPMENT
                          ,                                     thecon    cepten  t
                                                                                  fi
                                                                                   r e
                                                                                     fl
                                                                                      y. Ra tfingsa  res  tfi
                                                                                                            fl
                                                                                                             fl w fidefl
                                                                                                                       yu  sed,
COLLABORAT
         ION,AND                                                thougho    ften w fi
                                                                                   thqua flfi
                                                                                            tatfi
                                                                                                v em  ea  su r esfin steado   f
INDIV
    IDUALPERFORMANCE                                            numb   ers. How  ev er
                                                                                     ,toda   ysn  ewp    ra ctficesflooka   t
Acr
  fi
   tfi
     caflgoa flfinPMexp    erfimen tatfionfi
                                           stod  evfise         perfo rman  cecu  r vesandra    tfings ba   s ed onr    fi
                                                                                                                         ch er
way
  stoa   fl
          fignfi t mo  recflosefl
                                yw  fi
                                     th bu sfine
                                               ss ou t-         data,u  sfingfinpu tf rom man    ysou   r c es,andfinth      e
comes.A  so rgan fi
                  za t
                     fionsb ecom  e mo r eteam -centrfi
                                                      c,        con t extofacon   t
                                                                                  finuou sd fi
                                                                                             scu ssfionabou     tth fingstha t
PMfi
   sa flsob  egfinn
                  fingtosh  fi
                             ftfromfo    cus
                                           fingjuston           happ  en eda fl
                                                                              flyear rath erthand     efl
                                                                                                         fi
                                                                                                          v erfingas   fimp fl
                                                                                                                             e
anemp  flo
         y eesfind fi
                     vfidua
                          flach fi
                                 ev em en t
                                          stoe  vafluat-        
                                                                end  -of-yearr  eporttha to  ftenflo s ess  figh to fa fl
                                                                                                                         flthe
                                                                thfing stha thapp  eno  vertha  t12 -mon    tht  fimep  erfiod.
                                                            67
Rew
  rfi
    t
    fingtheru
            fle
              sfo
                rthed
                    fig
                      fi
                       taflage
                                                                        v
                                                                        ert
                                                                          fi
                                                                           caflf
                                                                               eedba
                                                                                   ck,thecompan yha scomp fl
                                                                                                           etefl
                                                                                                               yre
                                                                                                                 fin
                                                                                                                   -
                                                                        v
                                                                        entedfit
                                                                               sproces
                                                                                     sandbufi
                                                                                            fl
                                                                                             tap erforman ce manag e
                                                                                                                   -
                                                                        m
                                                                        ents yst
                                                                               emshap edbyandforfi
                                                                                                 tsemp flo
                                                                                                         yee s
                                                                                                             .
                                                                        THEPROMISEANDUSES
                                                                        OFBETTERDATA
                                                                        Buthowfi  safl
                                                                                     flth
                                                                                        fi
                                                                                         sdatafleveragedto mak  ea c
                                                                                                                   tuafl
                  F
                  findfingtherfight                                     de
                                                                        fl
                                                                         y
                                                                          cfis
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                                                                          ,howcanano
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                                                                                        rganfi
                                                                                             zat
                                                                                                 romo
                                                                                               fion
                                                                                                  ss
                                                                                                     tfion
                                                                                                      yst
                                                                                                           ? Mo
                                                                                                          em
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                                                                                                                   ec
                                                                                                                    fi
                                                                                                                     s
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                                                                                                                      e-
                                                                                                                     fufl
                 so
                  flut
                     fiontake stfime                                    ad van tageofth esen ewsou  rc
                                                                                                     e so  fp e
                                                                                                              rformance-
                                                                        refla
                                                                            tedda ta?Th esea
                                                                                           r eop enqu estfion
                                                                                                            sthatarest
                                                                                                                     fi
                                                                                                                      fl
                                                                                                                       fl
                 andcomm   fi
                            tmen  t
                                  .                                     befingt es
                                                                                 ted
                                                                                   .
          GE,acompan     yw efl
                              fl-knownfo rfit
                                            spfioneerfingwo  rk         Whfi
                                                                           fl
                                                                            e mo stcompan  fi
                                                                                            e s ma yw  fi
                                                                                                        shtoc r ea teas  fingfle
                                                                                                                               ,
          fincascad finggoa fl
                             sandfo  rcedrank fingfinth e1970  s,       sfimpfl
                                                                              e PMs  yst ema   c
                                                                                               ros sth  eo rganfizatfion, man   y
          hasb eenr  efin
                        ven tfingfi
                                  tsperforman c e manag em  en t        arefind fingthatdo  fingth fi
                                                                                                    sfischa fl
                                                                                                             fl
                                                                                                              eng fingfinp   rac-
          overth eflasttwoy  ea  r
                                 s.Now ,aft e
                                            rremo vfingra t
                                                          fing s
                                                               ,        tfi
                                                                          ce.A t man yg flobaflcompan   fi
                                                                                                         es,regu fla
                                                                                                                   to r yo rcu  fl
                                                                                                                                 -
          adoptfingongo  fingtou  chpofin
                                        ts,andfimp  fl
                                                     em en tfing        turaflfac tor
                                                                                    sr e str
                                                                                           fi
                                                                                            ct man   y PMfinno    vatfions, and
          procedu re sto d  efl
                              fiverfimm edfia
                                            te horfi
                                                   zon tafl and         cane  venr equfi
                                                                                       reo rgan fi
                                                                                                 zatfionsto ma  fin
                                                                                                                  ta finra tfings
                                                                                                                                .
                                                                   68
                                                                                            2017De
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                                                                                                   fi
                                                                                                    t
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                                                                                                          flHumanCap
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                                                                                                                        rend
                                                                                                                           s
Adfida
     sG  roup,fo rfin
                    stanc
                        e,foundtha tfi
                                     tsemp floy-                    goafl
                                                                        -se
                                                                          tt
                                                                           fingandperfo
                                                                                      rmanceappfl
                                                                                                fi
                                                                                                 ca t
                                                                                                    fionsthat
eesfin Asfia wanteda mo retradfi
                               t
                               fiona
                                   fl
                                    ,struc
                                         tur ed                     fl
                                                                     ett eamma  t
                                                                                ess
                                                                                  et,shar
                                                                                        e, andcofl
                                                                                                 flabo ra
                                                                                                        te on
app roach, whfi
              fl
               e US wo rke
                         rs want eda mo r
                                        eag fi
                                             fl
                                              e                     goafl
                                                                        sonfl
                                                                            fin
                                                                              e.
pro ce
     ss.15
                                                                  Enab fl
                                                                         fing easy progress track    fing: Toofl
                                                                                                               s
Ffind
    fingth er fightso   flu
                          tfiontak estfim eandcomm     fit-        tofl
                                                                      fink goa fl
                                                                                s
                                                                                ,o  f
                                                                                    ten u s
                                                                                          fingth  e Ob
                                                                                                     jectfi
                                                                                                          vesand
men t
    .Infi  t
           sr  es ea rch ,th  eN  euroL ead er shfipInstfi-        KeyR  esufl
                                                                             ts(OKR  ) mod efl
                                                                                             ,afl
                                                                                                flowpeopfletoup-
tu tefoundtha   t88p      ercen tofcompan    fi
                                              estooktwo            dat
                                                                     eth  efi
                                                                            rgoa fl
                                                                                  sea s
                                                                                      fi
                                                                                       fl
                                                                                        yands  e ehowo  th er
                                                                                                            sare
yea rstoga finsfign fifi
                       can tt ract
                                 fionw fi
                                        than   ewPMs   y s-        mak
                                                                     fingp  rogress
                                                                                  .
tem .T rafin
           fingandchang      e manag  em en ta reth e mo st
                                                                  Provfid
                                                                         fing con   tfinuous feedback  : Too  fl
                                                                                                               s
fimpo rtante fl
              em  en t so fsu ccessfinthfi
                                         send   ea vo
                                                    r.
                                                     16
                                                         As
                                                                   thath eflp emp floyeesd efl
                                                                                             fi
                                                                                              vero
                                                                                                 rr equestf eed-
on eex ecutfi
            v epu  tfit: I
                          tsajou  rn e
                                      yn  eed fingsu s
                                                     tafin-
                                                                   back
                                                                      ,o ftenfinteg rated wfi
                                                                                            themafi
                                                                                                  fls
                                                                                                    ystem sand
men tandcon   t
              finuou   sfimp  rovem ent. Hab  fi
                                               tsandcu  fl-
                                                                   othe
                                                                      rp  rodu ct
                                                                                fivfi
                                                                                    ty toofl
                                                                                           s, enab
                                                                                                 fle cont
                                                                                                        finuous
tu rechang  esflow flyandth    roughp e rsfi
                                           sten ce.
                                                                   fimp
                                                                      ro vem entfloop s.
                                                           69
Rew
  rfi
    t
    fingtheru
            fle
              sfo
                rthed
                    fig
                      fi
                       taflage
          Le
           sson
              sfromthef
                      ron
                        tfl
                          fine
                             s                                             Nowtha tefo rtha   spa fidof .Th en   ewPMp    ro cess
                                                                           hasg enerated b   etter financfia
                                                                                                           fl p erforman  ce,fim-
          Patagon fia
                    ,ad  e
                         sfignerand manu      fa cture
                                                     ro fou  tdoor         provedfind
                                                                                    fi
                                                                                     vfidua flp erforman c e,ands   t rength ened
          appa r e
                 flanda cce ssorfi
                                 es,emba    rk edonan    ew ,team -        engagem ent
                                                                                     .Pa  tagon  fiaha sshowntha    tp  eopfl
                                                                                                                            eand
          centrficp erfo
                       rman  cep  rog ramtwoy      ea
                                                    rsago  .Toda y,        team s whopa rt fi
                                                                                            cfipa
                                                                                                te mo  rer egu fla
                                                                                                                 rfl
                                                                                                                   yfinch e ck-
                                                                                                                              fins
          Patagon fiaen cou ragesfind  fi
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                                                stos  et finan c
                                                               fia
                                                                 fl        andf eedback ou   tp e
                                                                                                rfo rmth  efi
                                                                                                            rp   eer
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          ands  tre
                  t chgoafl
                          s(u sfingth  eOKR m     ethodoflog y
                                                             )and          rangeoffinan cfiaflandta fl
                                                                                                     entm  ea su res
                                                                                                                   . 18
          toch   e
                 ckfina tfleastqua  rt erfl
                                          yw   fi
                                                thth e
                                                     fir manag  er
                                                                 s.
                                                                           Oth  e
                                                                                ro   rgan fi
                                                                                           za tfion s tha   tr  evoflu
                                                                                                                     tfionfized p   erfo r-
          Th ecompan   yha  sefl
                               fimfinat edy  ea r-endra tfings.Bo-
                                                                           man  ce manag    em   en ts  e verafl yea rs ago a    r es tfi
                                                                                                                                        fl
                                                                                                                                         fl
          nus esa reba sedongoa    fla ttafinm  ent,andba   sepa y
                                                                           reap fing s fignfifi
                                                                                              can  tr   ewa rd s
                                                                                                               . Adob   e chang    edfi  ts
          fi
           sa fl
               flo
                 cat eda c
                         co rdfingtosk   fi
                                          fl
                                           fl
                                            sandr    e
                                                     fla
                                                       tfi
                                                         v ep er
                                                               fo r
                                                                  -
                                                                           pe rfo rman  c e manag    em  en tapp  roa chfin20    12,abo  fl-
          man ce.Th  een t
                         fi
                          r ep ro cessha   sb   eenfimpfl
                                                        em  ented
                                                                           fi
                                                                            sh fingannua   flp e rfo rman   ceapp  rafi
                                                                                                                      safl
                                                                                                                         s,ra  tfings,and
          througha mob   fi
                          fl
                           eappca   fl
                                     fl
                                      ed H  fighG round .
                                                                           afo  r cedd  fi
                                                                                         strfibu tfioncu  r veand mo     vfingtoanap-
          Th esed  e veflopm ent sd fidno thapp  eno  vernfigh t
                                                               .Fo   r     proa  chth  e yca  fl
                                                                                               fl
                                                                                                edCh     eck-fins
                                                                                                                 .  Wh  fi
                                                                                                                          fl
                                                                                                                           e Adob    e up-
          Pa tagon fia
                     ,t  ran s
                             form  fingPMtooky      ear
                                                      so fr   ethfink-     da tedfitsCh   eck -finb  randfin20   16tok   e epfitfe e
                                                                                                                                     fl
                                                                                                                                      fing
          fing,r  etrafinfing, andr   e educatfing emp flo
                                                         y e es. Th  e     cu rr ent,th  eco  recon    cept sha v eh eflds t ead ya  c
                                                                                                                                     ro  ss
          compan    y no  tedtha  t,finth  ep  rog rams fir sty  ea r
                                                                     ,     th efla stfou  ry   ea rs:afo    cu s on manag     erss  ettfing
          fe edba ckwa    sv erypo  sfi
                                      t
                                      five
                                         ,a sp  eopfl
                                                    ew erea  frafidto      cfl
                                                                             ea rexp  e ctat
                                                                                           fion  s, manag   er sandd  fi
                                                                                                                       r ectr  epo rtsco  fl
                                                                                                                                           -
          gfi
            v esha rpsugg    es
                              tfions.Bu  tb yth eendo  fth es  econd       flabo ratfingonemp     flo yeef eedba ck ,andd   fi
                                                                                                                             re ctr epo rts
          yea r, manag    ersbu fi
                                 fl
                                  tamu    scfl
                                              eabou  tha v fingcan   -    befingr  espon  s
                                                                                           fibflefo  rd  ev e
                                                                                                            flopm  ent(w  fi
                                                                                                                           th manag    er s
          dfid d eveflopm   en
                             taflcon  v ersat
                                            fion s
                                                 ,and p  eop  fl
                                                               ef  efl
                                                                     t     afl
                                                                             sosha  rfingr e spon   sfib
                                                                                                       fi
                                                                                                        fl
                                                                                                         fi
                                                                                                          ty)
                                                                                                            .S finceth en  ewapp    roa ch
          com  fortab fletha tch  eck -
                                      finsandf   eedba ck wou  fldb  e     fi
                                                                            sacon   tfinuou  sp  e rfo rman  c epro ce ss
                                                                                                                        ,e  fi
                                                                                                                             th er manag   -
          us efufl
                 ,po  s
                      fitfi
                          ve,andno   tpun  fi
                                            t
                                            five.                          er so rd firectr  epo  rtscanr    equ estach    eck-fina tan   y
                                                                           po fin
                                                                                tdu  rfingth  ey  ea r.
                                                                                  Ason  eo f Adob e
                                                                                                  s HRfl eadersno ted
                                                                                                                     ,Fou  r
                                                                                  yea rsfi
                                                                                         saflongt fimefo rap rocesstor ema fin
                                                                                  th e sam e  e
                                                                                               spe c
                                                                                                   fia
                                                                                                     fl
                                                                                                      fl
                                                                                                       yfinth ed  ynamfi
                                                                                                                       ct e ch
                                                                                  findu s
                                                                                        try. How  ever, thfi
                                                                                                           s app roach fi
                                                                                                                        ss  fig
                                                                                                                              -
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                                                                                      cant
                                                                                         flyb et
                                                                                               terthanth  ep r
                                                                                                             fio
                                                                                                               rapp roach,so
                                                                                  we ha  vent n eeded to mak   e substantfia
                                                                                                                            fl
                                                                                  chang es.19
                                                                      70
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S
tar
  the
    re                                                        Tafi
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                                                               needs  : Th eco  rep r
                                                                                    fincfip
                                                                                          fl
                                                                                           e so fch  eck-fin s
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                                                                                                                   fl
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 Iden   tfi
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                                                                                          .Bu  tsom   ecompan    fi
                                                                                                                  e s
  th roughan     ewPMs    ys
                           t em? Howcanfi     tb  estb e       st
                                                                fi
                                                                 fl
                                                                  fl wantforma  flrev
                                                                                    fi
                                                                                     ew s,num    er
                                                                                                  ficra tfing s
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  afl
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               thbu  s
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  wfi
    fl
     fld eveflopfl
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                                                                                             sshou  fldadop   tn ew
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                                                                                                                s s.
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       vfi
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           es,con sfidera mo refl exfib
                                      fle,ag fi
                                              fl
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                                                                     fl
                                                                      fl managersfincoach         fingsk   fi
                                                                                                            fl
                                                                                                             fls: Con   -
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 Lookto peers  : Identfi
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ENDNOTES
1
. DavfidRo
         ck,Be thJones,andCamfi
                              fl
                               fleInge,R eeng
                                            fin
                                              eer
                                                fingp
                                                    erfo
                                                       rman
                                                          ce manag
                                                                 emen
                                                                    t:Howcompan
                                                                              fi
                                                                               esa
                                                                                 ree
                                                                                   vofl
                                                                                      v
                                                                                      fingPM
  beyondratfing
              s, NeuroLeade
                          rsh
                            fipIn  s
                                   tfi
                                     tute
                                        ,2015 .
2
. B
  rfianHofman,Cha r
                  fle
                    sE .Lan ce
                             ,BethanyBynum ,and W
                                                fi
                                                 fl
                                                  fl
                                                   fiamA
                                                       .Gent
                                                           ry,Ra
                                                                tersou
                                                                     rceefe
                                                                          ctsa
                                                                             rea
                                                                               fl
                                                                                fiveand we
                                                                                         fl
                                                                                          fl
  a
  fte ra
       fl
        fl
        ,Pe
           rsonn
               eflPsychoflog
                           y 63
                              ,no.1(spr
                                      fing2010
                                             ):pp
                                                .119151 .
3
. JoshBersfin
            ,Tfifany M  cDowe
                            fl
                             fl
                             ,Amfi
                                 rRahnema  ,andYve svan Durme,Theo rgan fi
                                                                          zat
                                                                            fiono fthefuture:A r
                                                                                               rfiv
                                                                                                  fing
  now,2017D  e
              flo
                fi
                 t
                 t eGfloba
                         flHumanCapfi
                                    taflT
                                        rend
                                           s:R
                                             ewr
                                               fi
                                                t
                                                fingtherufl
                                                          esfo
                                                             rthedfig
                                                                    fi
                                                                     taflage, Deflo
                                                                                  fi
                                                                                   t
                                                                                   te Un
                                                                                       five
                                                                                          rsfi
                                                                                             tyPre s s
                                                                                                     ,
  Februa
       ry27 ,2017  .
4
. B
  fi
   fl
    flPe
       fl
        ster,DanfiJohn son
                         ,JenS
                             tempe  fl
                                     ,andBe
                                          rna rdvanderVyver
                                                          ,Caree rsand
                                                                      flearnfing
                                                                               :Reaflt
                                                                                     fime
                                                                                        ,afl
                                                                                           flthet
                                                                                                fime
                                                                                                   ,
  2017D eflo
           fi
            t
            t eG
               flobaflHumanCapfi
                               taflT
                                   rends
                                       :Rewr
                                           fi
                                            t
                                            fingth
                                                 eru
                                                   fl
                                                    esforth
                                                          edfig
                                                              fi
                                                               taflag
                                                                    e,Deflo
                                                                          fi
                                                                           t
                                                                           teUn five
                                                                                   rsfi
                                                                                      tyP
                                                                                        res s,Februa
                                                                                                   ry
  27,2017 .
5
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             ,Lau renceCofl
                          fl
                           fin
                             s, Hea the rS
                                         to ck
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                                               , Da
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                                                              ,and B re
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   five
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           re s
              s,February27,2017  .
6
. T
  fifany McDowefl
                fl
                ,D fimpfleAga
                            rwa
                              fl
                              ,Don M   fi
                                        fl
                                         fle
                                           r,T
                                             sutomu Okamo
                                                        to,andT revorPage,O
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                                                                                           sfign:The
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   seo fteams
            ,finGfloba
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                                                                             fign,De flo
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  P
  re ss
      ,February29 ,2016 .
7
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              ree
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8
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9
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10
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11
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       rg(Ad
           fida
              s),find
                    fi
                     scu
                       ssfion w
                              fi
                               ththeau
                                     tho
                                       rs,Novembe
                                                r2016
                                                    .
12
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13
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         five
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14
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                    fi
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15
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       rg(Ad
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                    fi
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16
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17
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                                                                                                                   fin
                                                                                                                     .
   com /2016/10  /h r-techno flogy-
                                  fin
                                    -2017-dfi
                                            s ruptfion-ahead/. OKR(Ob   jec
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18
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                                        fi
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19
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                                                                           cembe
                                                                               r2016
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                                                        73
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ENDNOTES
          1
          . KornFe  rry,KornFe  r
                                 rygfloba
                                        flstudy : Ma
                                                   jo r
                                                      fi
                                                       tyo f CEOssee mo revafluefinte
                                                                                    chnoflogythanthefi
                                                                                                     r workforce,
                                                                                                                
            Busfin
                 essW fi
                       re,Septembe r17 ,2016,h  t
                                                tp:/
                                                   /www  .bus
                                                            fine
                                                               sswfi
                                                                   re.
                                                                     com /new s/home/20161117006293/en /Ko
                                                                                                         rn -Fer
                                                                                                               ry-
            G
            flobafl
                  -Study -Ma
                           jorfi
                               ty-CEOs-Technoflogy
                                                 ,a ccessedDe cembe r21,2016.
          2
          . Exe
              cut
                fiveconve
                        rsa
                          tfion
                              swfi
                                 thau
                                    tho
                                      rs.
          3
          . Exe
              cut
                fiveconve
                        rsa
                          tfion
                              swfi
                                 thau
                                    tho
                                      rs.
          4
          . B
            rafinyQuote,MarkZucke
                                 rbe
                                   rg Quo
                                        tes
                                          ,h
                                            ttp
                                              s:/
                                                /www
                                                   .bra
                                                      finyquo
                                                            te.
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                                                                /quo
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                                                                          /m/ma
                                                                              rkzu
                                                                                 cke
                                                                                   r453450
                                                                                         .
            h
            tm fl
                ,January17
                         ,2017.
          5
          . Andrea De
                    rfle
                       r,H
                         figh-
                             fimpa
                                 ctflead
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                                          fip
                                            :Th en ewfl
                                                      ead
                                                        ershfip ma
                                                                 tur
                                                                   fi
                                                                    ty mod
                                                                         efl,Be r
                                                                                sfinby Deflo
                                                                                           fi
                                                                                            t
                                                                                            te,2016
                                                                                                  ,ht
                                                                                                    tp:
                                                                                                      //www
                                                                                                          .
            ber
              sfin
                 .com/Prac
                         tfi
                           ce/Deta
                                 fi
                                  fl
                                   .aspx
                                       ?docfid=20180&mode= sea r
                                                               ch&p=Leadershfip
                                                                              -Deve flopment.
          6
          . De
             flo
               fi
                t
                te,Th
                    e2016D
                         eflo
                            fi
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                             t eM
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                                  fl
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          8
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          9
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                                                                              fion, MITS
                                                                                       floan Managemen t Rev fiewand
            De
             flo
               fi
                t te Unfive
                          rsfi
                             ty P re ss, 2015
                                            ,https
                                                 ://dupress.de
                                                             flo
                                                               fi
                                                                tte.com /con
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                                            /15
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                                                                        ,acces
                                                                             sedDe  cembe r21
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AUTHORS
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                                 fingLLP | aabba
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ENDNOTES
1
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                                fi
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                                            ,ht
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                                                         fi
                                                          t
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                            .
2
. JoshBe r s
           fin
             ,T fifany M cDowe  fl
                                 fl
                                 ,Am  fi
                                       rRahnema,andYve svan Du  rme,Theo  rgan
                                                                              fi
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                                                                                                re:Arr
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     G flobafl HumanCap  fi
                           taflTr ends2017:Rew
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                                                                    fi
                                                                     taflag
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                                                                                       five
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                                                                                                  ss,2017 ,
  ht
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                                                                       .
3
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4
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                        re marke
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                                             ,Fo rbes
                                                     ,Jufly 18
                                                             , 2016
                                                                  ,ht
                                                                    tp:
                                                                      //www
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                                                                            rbe
                                                                              s.com
                                                                                  /sfi
                                                                                     tes
                                                                                       /
  jo
   shber
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          /2016
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                   /the
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                                                     Th eu  seo fex  ter-
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                                                   103
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ENDNOTES
          1
          . Er
             fi
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                    fin
                      fi
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                                         chae flS
                                                tephan ,andB  rett Wa fl
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                                                                           fig
                                                                             fi
                                                                              tafl HR
                                                                                    :Pflat
                                                                                         form s
                                                                                              ,peopfle
                                                                                                     ,and wo
                                                                                                           rk,
                                                                                                             Gfloba
                                                                                                                   fl
            HumanCap   fi
                        taflT
                            rend s2017:Rewrfi
                                            t
                                            fingtherufl
                                                      esfo rth
                                                             ed fig
                                                                  fi
                                                                   taflage,Deflo
                                                                               fi
                                                                                tteUn five
                                                                                         rsfi
                                                                                            tyPre
                                                                                                ss,2017,h
                                                                                                        ttps
                                                                                                           :/
                                                                                                            /dup res
                                                                                                                   s.
            de
             flofi
                 t
                 te.
                   com   /dup -us-en/fo
                                      cus
                                        /human   -
                                                 capfi
                                                     tafl
                                                        -
                                                        t rends
                                                              .htm fl
                                                                    .
          2
          . Exe
              cut
                fiveconve
                        rsa
                          tfion
                              swfi
                                 ththeau
                                       tho
                                         rs.
          3
          . Ib
             fid
               .
          4
          . Ib
             fid
               .
          5
          . Josh Ber
                   sfin
                      ,Workdaya cqufi
                                     resPfla
                                           tfora
                                               :Ana fly
                                                      tfi
                                                        csra cea cce
                                                                   fle
                                                                     rate s
                                                                          ,Forb
                                                                               es,Ju
                                                                                   fly25,2016,ht
                                                                                               tp:/
                                                                                                  /www.fo
                                                                                                        rbe
                                                                                                          s.
            com/s
                fi
                 tes/
                    jo shbe
                          rsfin
                              /2016
                                  /07 /25
                                        /wo rkday-a
                                                  cqu fi
                                                       re s
                                                          -pfla
                                                              tfo
                                                                ra-anafly
                                                                        tfi
                                                                          cs-
                                                                            race
                                                                               -acce
                                                                                   fle
                                                                                     rate
                                                                                        s/#13ebd8092d
                                                                                                    fe.
          6
          . Pete
               rA.G floor,Wha temafi
                                    flreveafl
                                            saboutyou rorganfi
                                                             zat
                                                               fion
                                                                  ,MITS
                                                                       floan Manag emen
                                                                                      tRe
                                                                                        vfi
                                                                                          ew,Novembe
                                                                                                   r17
                                                                                                     ,2015
                                                                                                         ,
            ht
             tp:
               //s
                 floan revfiew
                             .mfi
                                t
                                .edu/a rt
                                        fi
                                         c
                                         fle/wha
                                               t-emafi
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          7
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            fl
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                                                          ceso ftwa
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                                                                             refloya
                                                                                   flbanke
                                                                                         rs,
                                                                                           Reute
                                                                                                rs,June7
                                                                                                       ,2016
                                                                                                           ,
            h
            ttp ://www
                     .reu
                        te rs
                            .com/a
                                 rtfi
                                    c
                                    fle/u
                                        s-bank  s-hfi
                                                    r
                                                    fing -a
                                                          fi
                                                           -
                                                           fidUSKCN0YT163,accessedDe cember2016
                                                                                              .
          8
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                  t
                  te ,Deflo
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                            tteanaflys
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                                      :H   fiddenflaborexpen sesandfinefe  c
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                                                             ttps
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          9
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          10
           . Sarah O
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                         ,Whenyou  rbos
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                                                        finan
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                                                                                  ,ht
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                              f-11e6
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          11
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           . Madhu  raChak  raba  rt
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                                      ce s sedDe cembe r21 ,2016 .
                                                               104
                                                                                    2017De
                                                                                         flo
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                                                                                            t
                                                                                            teG
                                                                                              floba
                                                                                                  flHumanCap
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                                                                                                                rend
                                                                                                                   s
AUTHORS
     Lau
       ren
         ceCo
            fl
             fl
              fin
                s,De
                   flo
                     fi
                      tte MCSL
                             fim
                               fi
                                ted | fl
                                       cofl
                                          fl
                                           fin
                                             s@de
                                                flo
                                                  fi
                                                   tte
                                                     .co
                                                       .uk
     DaveF
         fineman
               ,De
                 flo
                   fi
                    tteCon
                         sufl
                            t
                            fingLLP | dfineman@de
                                                flo
                                                  fi
                                                   tte
                                                     .com
     Ak
      fioT
         such
            fida
               ,De
                 flo
                   fi
                    tteTohma
                           tsuCon
                                sufl
                                   t
                                   fingCo
                                        .,L
                                          td | ak
                                                fi
                                                 tsu
                                                   chfida@
                                                         tohma
                                                             tsu
                                                               .co
                                                                 .jp
     Ak
      fioTsuch
             fidafisDeflo
                        fi
                         t
                         te 
                            sHumanCap      fi
                                            tafl
                                               fleade rfo rJapan.W  fi
                                                                     th mo   rethan20yea    rsof
     humancap fi
               taflconsufl
                         t
                         finge  xpe r
                                    fience,T su chfidaha srfichexpe  r
                                                                     tfi
                                                                       se finto taflrewa rdsand
     per
       forman ce managemen    t,e  xecutfi
                                         vecompen    sa t
                                                        fion
                                                           ,wo r k
                                                                 fo rcep  flannfing,andta flen
                                                                                             t
     managemen t.Heha   s
                        fledflarge -scaflebu s
                                             fine sstran sforma t
                                                                fionp  roje ctsre fla
                                                                                    tedtoc  ross
                                                                                               -
     border M&A,po  st
                     -me rge rfintegra t
                                       fion,co rpo ratere  s
                                                           tructurfing
                                                                     ,andg    flobafl
                                                                                    fi
                                                                                     zat
                                                                                       fion
                                                                                          .Heha  sa
     maste
         rsdegree fin
                     flaborre fla
                                tfionsandhumanre       sou rcesfrom M  fi
                                                                        ch figanS ta teUn fi
                                                                                           vers
                                                                                              fi
                                                                                               ty.
     CONTR
         IBUTORS
     Madhu
         raChak
              raba
                 rtfi
                   ,S tav
                        rosDeme
                              trfiou
                                   ,JfimGu
                                         szc
                                           za,JohnHou
                                                    ston
                                                       ,LukSmeye
                                                               rs
                                                105
Rew
  rfi
    t
    fingtheru
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              sfo
                rthed
                    fig
                      fi
                       taflage
                                                                                              2017De
                                                                                                   flo
                                                                                                     fi
                                                                                                      t
                                                                                                      teG
                                                                                                        floba
                                                                                                            flHumanCap
                                                                                                                     fi
                                                                                                                      taflT
                                                                                                                          rend
                                                                                                                             s
D
five
   rsfi
      tyandfinc
              flu
                sfion
Therea
     fl
     fi
      tygap
D
five r
     sfi
       tyandfin  cflus
                     fionha  sbe  comeaCEO     -fleveflfi
                                                        ssuea   roundthe wo    r
                                                                               fld.Thed  fig
                                                                                           fi
                                                                                            tafl
organ fi
       za t
          fiono ftoday  , whfi
                             chope    ratesa sane   two  rko   fteam s
                                                                     ,th rfive sonempowe     r-
men t,opend   fia
                flogue ,andfin  cflu
                                   sfive workfings tyfles.Lead   fingo
                                                                     rgan  fi
                                                                            za t
                                                                               fionsnowsee
d
five r
     sfi
       tyandfin  cflu
                    sfiona sacomp      rehens
                                            fives  trategy wovenfin  toeve    rya spe ctofthe
taflentfl
        fi
         fecy c
              fletoenhan    ceemp   floyeeengagemen      t
                                                         ,fimp  rovebrand  ,andd   r
                                                                                   fivepe  r
                                                                                           fo r-
man ce.Thee   rao fd five
                        rsfi
                           tya  sa  che ckthebox   finfi
                                                         tfia
                                                            tfiveownedbyHRfi     sove r.CEO  s
mu sttakeowne    rshfipandd  rfivea c countabfi
                                              fl
                                               fi
                                                tyamongfleade      rsa
                                                                     tafl
                                                                        flflevefl
                                                                                stoc flosethe
gapbe
    tween wha
            tfi
              ssa
                fidanda
                      ctua
                         flfimpa
                               ct.
 Inthfi
       syear
            ssu
               rvey
                  ,thepropor
                           tfionofexe cu
                                       tfive
                                           s whoc
                                                fi
                                                 tedfin
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                                                         sfiona
                                                              satopp
                                                                   rfi
                                                                     -
  or
   fi
    tyha sr
          fi
           senby32percentcompa red w
                                   fi
                                    thou  r2014su
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 Ove
    rtwo-thfi
            rds(69pe
                   rcent
                       )ofexe cut
                                five
                                   sra
                                     ted
                                       five
                                          rsfi
                                             tyandfin
                                                    cflu
                                                       sfionanfimpo
                                                                  r-
  tan
    tfi
      ssue(upf rom59per
                      centfin2014
                                ).
Th
  fi
   rty
     -e figh
           tpe rcento fexe cu
                            tfive
                                sreporttha
                                         tthep
                                             rfima
                                                 ryspon
                                                      soro
                                                         fthecompa-
 ny
  sdfive rs
           fi
            tyandfin
                   cflu
                      sfionefo rt
                                sfi
                                  stheCEO.
I
  Ntoda    y
            spo fl
                 fi
                  tfi
                    ca fl
                        ,e conom   fi
                                    c
                                    ,andg    flobaflbu sfiness     vfi
                                                                     ew :D   fivers
                                                                                  fityandfin  cflu
                                                                                                 sfionnowfimpa     ctsb rand  ,
  en vfi
       ronm  ent,d  five rsfi
                            t yha sb  ecom   efin crea sfingfl
                                                             y     co rpo ra t epu  rpose
                                                                                        ,andp     erforman    ce. Noton flyfis
  fimpo  rtant.Th   enumb     ero fex  e cutfives whoc    fi
                                                           ted     th epub   fl
                                                                              fi
                                                                               cfin creas
                                                                                        fingfl
                                                                                             yawa   reo fth  efissue(w fi
                                                                                                                        tn  es
                                                                                                                             s
finc
   flusfiona satopp    rfiorfi
                             tyha  srfi
                                      sen32p    er cen tf rom      th es  cru tfinyo fg end erandra     cfia
                                                                                                           fldfivers
                                                                                                                   fi
                                                                                                                    tyfinth  e
th e HumanCap     fi
                   ta flT rend  s20 14su   rv ey,andfinth    e     te chno  flogyfindu stry),1
                                                                                                butemp   floy eesa rea fl
                                                                                                                        soex  -
fla
  stth  r eey ears,th  ep   erc entag eo fcompan     fi
                                                      estha   t    pr essfings  trong ervfiew sond   fi
                                                                                                      ve rsfi
                                                                                                            tyandfin  c
                                                                                                                      flusfion
                                                                                                                             .
rateth  em  se
             flv
               e sex   cefl
                          fl
                           en ta tg end  erd  fiversfi
                                                     tyw   ent     Mfi
                                                                     fl
                                                                      fl
                                                                       enn fiafl
                                                                               s,fo rexamp   fl
                                                                                              e,s e efin cflu
                                                                                                            sfiona sa man-
upb  y72p    ercen t. Ba  sedonth    fi
                                      sy  ea r
                                              ssu r ve y
                                                        ,48        da torypa   rto  fcorpo rat ecu fl
                                                                                                    tur e,d  efin
                                                                                                                finghowth    e
percen to  fcompan   fi
                      e scon  sfid
                                 e rth em  seflvesad  equa t e     compan     yflfi
                                                                                  stenstoth    ema  t wo   rk
                                                                                                            . 2
                                                                                                                 Sharehofld er
                                                                                                                             s,
atfo cu sfingong  floba flcu fl
                              turafldfi
                                      v ersfi
                                            ty,and69p       er-    cu stom   ers,andsupp   fl
                                                                                            fi
                                                                                             ersa rea fl
                                                                                                       fltakfingac flo
                                                                                                                     serflook
cento fcompan    fi
                  e scon   sfiderth em s efl
                                           ve sad  equa t eo r     atth fi
                                                                         sfi ssu e.
excefl
     fl
      en ta tsuppo   rtfingava   r
                                 fietyo ffam  fi
                                               fl
                                                y mod   efl
                                                          sfin
                                                                  Asawa  renessaroundd  fiversfi
                                                                                               tyandfin
                                                                                                      cflu
                                                                                                         sfiongrow s
                                                                                                                   ,
th ewo  rk force
               .
                                                                  dfi
                                                                    versfi
                                                                         tyandfincflu
                                                                                    sfionha   veb ecome mo r efimpor-
Th
 fi
  sy ea
      r,thefi
            ssu
              efi
                sb roade
                       rthanthestandard                           tan tfo rta
                                                                            fl
                                                                             entacqu fi
                                                                                      sfi
                                                                                        t
                                                                                        fionandacompan    ysemp flo
                                                                                                                   y-
bu
 sfin
    esscas
         eandr equfi
                   resa mo
                         recompr
                               eh ens
                                    fi
                                     ve                           men tb rand. Manyo  rgan fi
                                                                                            zatfion
                                                                                                  sop e
                                                                                                      ratefinanen-
                                                             107
Rew
  rfi
    t
    fingtheru
            fle
              sfo
                rthed
                    fig
                      fi
                       taflage
          vfi
            ronm  ento fh fight ran spar en c
                                            y, wh fichemp    floye e
                                                                   s    Desp fi
                                                                              teth  fi
                                                                                     sfin crea s edempha    sfi
                                                                                                              sands  c ru tfiny,how-
          demand  .Fo ryoung   erwo  rk ers,fin
                                              cflusfionfi sno tju  s
                                                                   t    eve r,w  eb  efl
                                                                                       fievebu   sfin
                                                                                                    es se sfa c ear ea fl
                                                                                                                        fi
                                                                                                                         t ygap  :R e-
          abou ta ssemb fl
                         fingd fi
                                ve r
                                   s eteam  sbu ta flsoabou   tcon-     sufl
                                                                           t sapp   eartob     etoos  flow . CEO  s whoha     veabd fi
                                                                                                                                     -
          nectfingteam m    emb e rssotha   te ver yon  efi sh ea rd    cat edr  espon  sfibfi
                                                                                             fl
                                                                                              fi
                                                                                               tyfo rth fisfissu etoth   eCHROo     r
          andr   e
                 spe ct
                      ed .3 Compan    fi
                                       esshou  flda  fl
                                                      fignth  efi
                                                                rap -   chfiefd fi
                                                                                 v ersfi
                                                                                       tyofi   cer mu stnowtak    eown    ersh fipand
          proa chw fi
                    thth eexp  ec ta
                                   tfionso fM fi
                                               fl
                                                fl
                                                 enn  fiafl
                                                          sando   th-   hofldbu  sfines sflead e rsa ccoun  tabfleata fl
                                                                                                                       flfl
                                                                                                                          e vefl
                                                                                                                               s.P eo-
          ers,o rthe ywfi
                        fl
                         flfl
                            fik
                              efl
                                yfloseta fl
                                          ent.                          pfl
                                                                          etoda   ya r esflow flyb ecom  fingawa  reofbo   thun   con-
                                                                        scfiou sandexp    fl
                                                                                           fi
                                                                                            cfi
                                                                                              tb fias
                                                                                                    ,andsom     eo rgan fizatfionsa r
                                                                                                                                    e
          If on econ   s
                       fidersth   efa  cttha to rgan fizatfion
                                                             s now
                                                                        star t
                                                                             fingtotak    ea  ct
                                                                                               fiontoexpo    seth efi
                                                                                                                    ssu  eand mak   e
          op eratea sn  etwo rk s, 4
                                     fi
                                      tb ecom ese  venc  fl
                                                          ea r
                                                             ertha  t
                                                                        finstfi
                                                                              tutfiona flchang   estod  eaflw fi
                                                                                                               thfi
                                                                                                                  t.
                                                                                                                   7
          dfi
            v ers
                fi
                 tyandfin  cflusfioncanr  efin
                                             forc eo rgan fiza
                                                             tfionafl
          pe rforman  ce
                       .N   ewr   es earchb  yD eflofi
                                                     t
                                                     t eando   th er    The mo  stpopu  flarso flut
                                                                                                  fiontoda   yfist ra
                                                                                                                    finfing. Bu t
          acad em fi
                   cfin st
                         fitutfion sd  emon  st
                                              rat estha   td fi
                                                              v erse    whfi
                                                                           fl
                                                                            esu chfinterv entfionsa reh  eflp
                                                                                                            fufl
                                                                                                               ,fi
                                                                                                                 tapp  earstha  t
          andfin cflus
                     fiv
                       et  eam  sa  re mo refinno va tfi
                                                       ve,engag   ed,   makfingp eopfl
                                                                                     eawa   refisno  tenough   .O rgan fi
                                                                                                                        zatfions
          andc  reatfi
                     vefinth efi
                               rwo   rk. Ou
                                        5
                                             rres ea rchcompa    r
                                                                 fing   shou fldcon s
                                                                                    fider mak  fings tru cturaflchang  es,fimp fl
                                                                                                                                e-
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                                             tflow  er-p erform fing    men t
                                                                            fingt ranspa r ent, da ta-d rfi
                                                                                                          v enso flut
                                                                                                                    fion s, and
          team  ssuppo   r
                         t sth  ev  fi
                                     ewtha  tp eop fl
                                                    e mu   stfeeflfin
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                                                                                fingex ecu tfi
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                                                                                                                               ve
          cfludedfino rd ertosp   eakupandfu    fl
                                                 fl
                                                  ycon  trfibute.6
                                                                        themav   fis
                                                                                   ceraflund  erstand fingo fhowb   fiasfimpa cts
          F
          figu
             re1 .Dfive
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                                                                   108
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                                                                                                       formth  efirp  eers.9
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com   efinc reasfingflyfimpo r
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                                 .Emp    floyeesands   tak e-
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hofld ersa r esta rtfingtovo fi
                              cecon  ce rn s
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                                                                                                                 fl
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bu fi
    fl
     ta roundt  ra finfingandedu  catfiona r eno two rk fing
                                                                th efi
                                                                     rcomp   et
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                                                                                     .10
                                                                                           Wfi
                                                                                             thou tas  trongcu fl
                                                                                                                tu r eo ffin-
wefl
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                                    es fisb efing w r
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                                                                                     fi
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Whyha   sd fi
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               fi
                tyandfin c
                         flu
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                                                                                    ve pa   y.12
                                                                                                  Compan   fies su ch a   s
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ro rfi
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th e ywan  tth  efi
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                                                         The    dota flevfid en cesugg  eststha tm  fi
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                                                                                                      fl
                                                                                                       fionso fBab  yBoom-
bu sfinessfissu eo fd  fi
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esfissu e so femp   floyeeengag    em ent,fafirn e
                                                 ss,human       areapp   roa  ch fingth eag  e wh enbo    thspou   seso f ten
rfights,ande    venso   c
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Se cond ,th en  e
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                                                                dre sssu  chfi  ssu esa rega fin
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                                                           109
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                      fi
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                                                                                                              fi
                                                                                                               catfion s
                                                                                                                       .18 Some
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          floye e
                sto mod  fi
                          fythe
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                               rworkpat
                                      tern
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                    fl
                     .14                                                   pa re manag ersagafins
                                                                                                tth efi
                                                                                                      rp  eer
                                                                                                            sfo  rs fignsofgen-
                                                                           de r
                                                                              ,racfia
                                                                                    fl
                                                                                     ,orag edfi
                                                                                              scrfim
                                                                                                   finatfion
                                                                                                           .
          MANYCOMPANIESARESTILL
                                                                           Wea  reno  tsa yfingtha   tt ra
                                                                                                         finfingfisno   tfimpo rtant;fi
                                                                                                                                      t
          NOTSE
              IZINGOPPORTUNITIES                                           pflaysav  fi
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                                                                                             efinedu    catfionandawa     r ene s
                                                                                                                                so fth e
          Despfiteth eo v erafl
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                                                                                                              fingfo  rwa rd ,w  eseean
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                                                                                                                                  stem s
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                                              tyfinth e
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                                                       rowncom-            andp   ro cess es.Th  fisfis wha  tfi
                                                                                                               tm   ean  stoemb    edd fi-
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                                                   fi
                                                    c e
                                                      sfoundtha   t
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          whfi
             fl
              eano   v erwh  eflm fing ma jo rfi
                                               tyo fo rgan fi
                                                            zat
                                                              fions        moun  tfinga m   ereflyp   rogramma    tfi
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                                                                                                    en tp ro cess es,r  emo vfingfactor s
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                                                 fi
                                                  tyfleve
                                                        flsa rev ery       tha tfleadtob   fia
                                                                                             s,g  fi
                                                                                                   vfing manag   e rsaflanguag   etod fis-
          flow.15
                  Onfl
                     y12p   erc en tha ver  each edfl
                                                    e ve
                                                       fl4,th e most       cu ssb  fia
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                                                                                                                             ,o  rganfi
                                                                                                                                      za -
          matu refleve
                     flfinou  r mod  efl
                                       . 16                                tfion scan mo   vetowa    rdt ru efincflusfi
                                                                                                                      v ene ss
                                                                                                                             .19
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                                     emsar eeven mo re                                                 On ea  reao  fchang   eo  v erth e
          pr e
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                  .InJapan ,surve
                                y sshowtha t53p erc
                                                  en t                                                 pa sty  earfisth  efincr ea sedfo-
          of wom  enbetweenth eag esof24and44 wou  fld                                                 cu sonb   fiasfinr ecru fi
                                                                                                                                tfingand
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                                                                                                       compan    fi
                                                                                                                  esr  edu ceb fias.Th  fi
                                                                                                                                         s
                                                                                                       yea r,20p     ercen to fou   rsu  r -
          COMPANIES MUSTUNDERSTANDTHE
                                                                                                       ve yr espond   en tsbefl
                                                                                                                              fiev eth efi
                                                                                                                                         r
          COMPLEX
                ITYOFTHEIR WORKFORCE
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          Th fi
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          sea  rchshow   stha   t 78 p ercento  fr  espond en ts                                       scfiou sb fias,and68p       erc ent
          now b   efl
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                                                                                                                             to rd  fi
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                                         en tsa  yfitfisa  sfig-                                      sfi
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                                                                                                                        sf romv    endo r s
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          Th e answ  erfi  ss  fimp fl
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                                                                                                                                        fy
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                              ew sshowtha      to  rgan fi
                                                         zatfionsare                                   ra c
                                                                                                          fiaflandcu   fl
                                                                                                                        turaflbfias.
          nowcon   sfide rfing mo   vfingb  e yondt   rafin
                                                          fingtofo-
          cu son m  ea su r em en t
                                  ,t  ran spa  ren cy,andp   e r
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                      fl
                       fi
                        ty.A  flsot r end fingupwa     rdfisafo  cus                                    fing mo   rea  t
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                                                                                                                        ,7 1p  ercen to f
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                                                                                                                              sth  rough -
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          wfi
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                                                                         110
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                             fig
                               en ce, andco  fl
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asth es fixtrafi
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pro cedu re s
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                                                                                                                            ew .
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ENDNOTES
1
. Bonn
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                                       fi
                                        sacu  fl
                                               turafl
                                                    fi
                                                     ssue,Forbes,Augu s
                                                                       t12,2015,ht
                                                                                 tp:/
                                                                                    /www.
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                                                                                                /
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4
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5
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              -taflent-managemen   t.htm fl
                                         ,a  c
                                             cessedDe  cembe  r21 ,2016 .
6
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                                                                                               tps:
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                                                                                                                   fi
                                                                                                                    t
                                                                                                                    fia-
  tfive-041016 .pd f,a c ces sedDe   cembe r21,2016   .
7
. JanePorter
           ,Youre mo
                     reb fiasedthanyouthfink
                                           ,Fa
                                              stCompany
                                                      ,O  c
                                                          tober6
                                                               ,2014,ht
                                                                      tps:
                                                                         //www.fas
                                                                                 tcompany
                                                                                        .
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             strong-
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                              /youre
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                                                         ,acce
                                                             ssedDecember21,2016
                                                                               .
8
. S
  tac
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         rmanGa
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                       sfi
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                                cflu
                                   sfionp
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                                                  trodu
                                                      ctfion,Be
                                                              rsfinbyDe
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9
. Bou
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      ,Wh
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         chTwoH
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                sAr
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10
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11
 . AdamF   r
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   flobafl News, Novembe r5 ,2015,http
                                     ://gflobaflnews.ca/new s
                                                            /2320795/because -
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                                                            sedDe cembe r21,2016 .
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                                                                                              fl
   28,2016,ht
            tp:
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13
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   findyRobb fin
               s,Equafl
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                        tyatSa
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                                force
                                    :Theequa  flpayasses
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                                                                        esfo
                                                                           rceBflog, May8,2016,h
                                                                                               ttp
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                                                          -pay
                                                             .htmfl
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                                                                     ce ssedDecembe  r21,2016.
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 . Steven G
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   December21,2016.
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          15
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          16
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          17
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          18
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           . SonyaKunke fl(
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                       fietBou rke ,Janua
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           . V
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                                                                                                         ,ht
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          25
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          26
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                                                                                                                                   11
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                                                                                                                  fi
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                                                                            124
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                                                       125
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                                                                  126
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                                                 127
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ENDNOTES
          1
          . JefSchwa r
                     tz,And rewL fiakopouflos
                                            ,andL  fi
                                                    saBarry
                                                          ,Theopentafl
                                                                     enteconom y:Beyondcorpora
                                                                                             tebo rder
                                                                                                     stota fl
                                                                                                            ent
            eco
              sys
                tem s
                    , Deflo
                          fi
                           t
                           te Un fiver
                                     sfi
                                       tyP ress
                                              ,Jufly24,2013,http
                                                               s:/
                                                                 /dup res
                                                                        s.de
                                                                           flo
                                                                             fi
                                                                              t
                                                                              te .
                                                                                 com /dup
                                                                                        -us-en/de
                                                                                                flo
                                                                                                  fi
                                                                                                   t
                                                                                                   te-rev
                                                                                                        fiew/fi
                                                                                                              s
                                                                                                              -
            sue
              -13/the
                    -open -
                          taflen
                               t-e conomy .htmfl
                                               ,ac cessedDecember13,2016.
          2
          . DavfidScha
                     tskyandJefS  chwartz,Ma chfinesastafl
                                                         en t
                                                            :Cofl
                                                                flabo
                                                                    rat
                                                                      fion
                                                                         ,notcompetfi
                                                                                    t
                                                                                    fion,Deflo
                                                                                             fi
                                                                                              t
                                                                                              teUnfiversfi
                                                                                                         tyPre
                                                                                                             ss,Feb-
            rua ry27,2015
                        ,https://dupress.deflo
                                             fi
                                              t
                                              te .com/dup  -us-en/focus/human-cap
                                                                                fi
                                                                                 tafl
                                                                                    -
                                                                                    t rend
                                                                                         s/2015 /
                                                                                                cognfi
                                                                                                     t
                                                                                                     five-te
                                                                                                           chnoflogy
                                                                                                                   -
            fin
              -h r
                 -human-cap
                          fi
                           tafl
                              -
                              t rends-2015.h tmfl
                                                ,a ccessedDe  cembe  r13,2016.
          3
          . JefS  chwa
                     rtzetafl
                            .
                            ,Th egfigeconomy
                                           :Dfi
                                              strac
                                                  tfiono
                                                       rdfi
                                                          srup
                                                             tfion?, De
                                                                      flo
                                                                        fi
                                                                         t
                                                                         te Un
                                                                             fiver
                                                                                 sfi
                                                                                   ty P
                                                                                      ress
                                                                                         ,Feb rua
                                                                                                ry29,2016
                                                                                                        ,
            ht
             tp s
                ://dupre
                       ss.de
                           flo
                             fi
                              t
                              te.com /dup-us
                                           -en
                                             /fo cu
                                                  s /human
                                                         -capfi
                                                              tafl
                                                                 -
                                                                 t rend
                                                                      s/2016/g
                                                                             fig
                                                                               -economy -
                                                                                        free
                                                                                           flance
                                                                                                -wo
                                                                                                  rkfo
                                                                                                     rce.
            htmfl
               ,a  c
                   ces
                     sedDe cembe r13 ,2016
                                         .
          4
          . Angu sKnowfle
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                                                                                                                        rsh
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                                                 fie
                                                   tyoffindustr
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                                                                   132
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BERS
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                                           134
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