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Friday, August 25, 2006

Top Six Drivers for Business Success

eePulse Inc. and the University of Michigan's Ross School of Business today announced the results of the Leadership Pulse, which reveals leadership energy trends, the importance of specific drivers for business success and undervalued drivers in select industries.

Out of 22 drivers, based on a study of long-term stock price and earnings growth conducted by eePulse, respondents indicated six “higher-order” categories in order of relative importance to their firm’s overall performance (1-to-5 scale was used, where 1 = not at all important and 5 = very important):
  • 4.34 Agility and Quality
  • 4.25 Strategy/Leadership
  • 4.12 Technology
  • 3.97 Human Capital
  • 3.91 Product
  • 3.82 Costs
Interestingly, the majority of respondents felt that human capital drivers (e.g. employee-development practices, the manner people are energized, overall culture and rewarding top-performers) are perceived as important but are underused and/or underrated business drivers.

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