Saturday, February 05, 2005
New Study Finds Link Between Financial Success and Focus on Corporate Values
Report by The Aspen Institute and Booz Allen Hamilton also finds strong regional differences in corporate commitments to social and environmental issues.
Active CEO support seen as the best method of reinforcing values.
A groundbreaking new study by the Aspen Institute and management consulting firm Booz Allen Hamilton found that companies routinely identify values as a top agenda issue, and public companies that report superior financial results also report greater success in linking values to operations in areas that foster growth, such as initiative and innovativeness. However, most corporate executives do not see a direct link to growth, and the joint study also revealed that most companies are not effectively measuring their "Return on Values" in areas important to their business strategy.
See full Article and the Study, in pdf format.