231 Front Street, Lahaina, HI 96761 [email protected] 808.123.4567

RBS to issue new securities

first_img KCS-content Monday 13 September 2010 9:02 pm Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald RBS was particularly tarnished as it relied heavily on securitisation markets prior to its near-collapse, when the government was forced to buy-up an 84 per cent stake in the bank.But as the government prepares to cut back its interest in the bank, it is desperate to exploit new funding streams. It must hike its supply of loans by the end of the year if it is to meet government targets.The bank also announced yesterday it has sold £1.3bn of five-year global senior unsecured notes. The 3.95 per cent notes were priced at 99.973 to yield 250 basis points over US Treasuries. Tags: NULL Share ROYAL Bank of Scotland (RBS) yesterday marked the clearest sign yet that the UK banking sector is emerging from the financial crisis.The banking giant will issue £4.7bn of securities backed by mortgages in the first move of its kind since the onset of the financial crisis.The issuance is a vital step for the economic recovery as it allows banks to take loans off their balance sheets, freeing up capital for new lending.It also shows the bank is confident that investor appetite for mortgage-backed securities has increased. The market – in which loans are bundled together into new bonds, secured by their repayments – was devastated by the sub-prime crisis in the US. whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof RBS to issue new securities last_img read more

Wood launches new funds

first_img Jon Wood’s SRM Advisers, a European hedge fund founded by the ex-UBS proprietary trader, is launching a portfolio of new funds during the year, which will be be rebranded Aedos Advisers. The first, dubbed Aedos, has already begun trading, and a further three funds are set to follow. Aedos is named after the Greek goddess of modesty and humility. Monday 24 January 2011 8:38 pm Share KCS-content whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comConnecticut man dies after crashing Harley into live bearnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Show Comments ▼center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was Famous, Now She Works In {State}MoneyPailBetterBe20 Stunning Female AthletesBetterBeTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco Relishautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney VersedZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldNews SharperGrab A Tissue Before You See Richard Simmons At 72News SharperMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryGloriousaCouple Had Their Home Demolished Because Of ThisGloriousa Tags: NULL Wood launches new funds whatsapplast_img read more

Kenya Orchards Limited (ORCH.ke) 2016 Annual Report

first_imgKenya Orchards Plc (ORCH.ke) listed on the Nairobi Securities Exchange under the Retail sector has released it’s 2016 annual report.For more information about Kenya Orchards Plc (ORCH.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Orchards Plc (ORCH.ke) company page on AfricanFinancials.Document: Kenya Orchards Plc (ORCH.ke)  2016 annual report.Company ProfileKenya Orchards Plc manufactures and sells fruit and vegetable bottled and canned products for domestic consumption in Kenya. The company also produces a range of spices and seasoning. Products in its bottled range include fruit jams, tomato paste, tomato sauce, maple syrup, mayonnaise, custard powder, white vinegar used as a meat tenderizer and corn starch. Products in its canned range include baked beans, matoke and mushrooms. Kenya Orchards Plc head office and main operation is in Nairobi, Kenya. Kenya Orchards Plc is listed on the Nairobi Securities Exchangelast_img read more

Newrest ASL Nigeria Plc (AIRSER.ng) 2018 Abridged Report

first_imgNewrest ASL Nigeria Plc (AIRSER.ng) listed on the Nigerian Stock Exchange under the Transport sector has released it’s 2018 abridged results.For more information about Newrest ASL Nigeria Plc (AIRSER.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Newrest ASL Nigeria Plc (AIRSER.ng) company page on AfricanFinancials.Document: Newrest ASL Nigeria Plc (AIRSER.ng)  2018 abridged results.Company ProfileNewrest ASL Plc is a multi-sector catering company in Nigeria specialising in out-of-home food services for the hospitality, aviation, mining and corporate sectors. It is the only multi-sector catering company in Nigeria. The company’s service footprint extends to 49 countries around the world. The catering operation is extensive with over 30 000 employees turning out more than a million meals a day. Newrest ASL Plc’s client base includes: airline companies, providing menu design, skills training, logistics management, picking and packing bars and dry stores and catering for airport lounges and VIP flights; railway companies, offering catering, cleaning and logistic services to railway operators through Newrest Wagons-Lit; oil, gas and mining companies, offering catering services for remote sites; and commercial and corporate entities, handling daily meal plans and catering for functions, inhouse restaurants and cafeterias. Newrest ASL supplies and markets its own inhouse brands which includes Le RDV, Daily Break, Caffé Lindo, Sky Shop and The Lunch. Newrest ASL Plc is majority-owned by its management where over 300 managers have a combined stake in the business of 88.7%. The company’s head office is in Lagos, Nigeria. Newrest ASL Plc is listed on the Nigerian Stock Exchangelast_img read more

Burned by Neil Woodford? I’d buy this FTSE 100 cash payout of 6.5% today!

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Cliff D’Arcy | Monday, 8th June, 2020 | More on: BATS Image source: Getty Images. Burned by Neil Woodford? I’d buy this FTSE 100 cash payout of 6.5% today! “This Stock Could Be Like Buying Amazon in 1997” Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. In the mid-90s, my wife had a pleasant problem. After seven years of work at a FTSE 100 business, she held a large number of employee shares. These were very valuable, worth more than our London home, in fact. To diversify her portfolio, I suggested she invest with star fund manager Neil Woodford.Britain’s best fund managerOver a 26-year period from 1988, Neil Woodford built a reputation as the UK’s #1 fund manager. At his peak, Woodford managed total funds worth £26bn. Fortunately for my wife, the Invesco Perpetual High Income fund was the top-performing UK equity fund over the 16+ years she was invested in it.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Neil Woodford’s star crashes to earthInspired by his success, Neil Woodford quit in 2014 to start his own firm, Woodford Investment Management. Alas, Woodford then came crashing down to earth.Exactly a year ago today, Neil Woodford ‘gated’ his Woodford Equity Income (WEI) fund, preventing investors from making further damaging withdrawals. Today, WEI stands as the UK’s worst-performing fund. In hindsight, the reasons for Neil Woodford’s failure were simple:1. Woodford kept losing money by backing unsuccessful companies.2. He abandoned his strategy of buying ‘value’ shares (lowly rated shares, usually paying high dividends).3. Neil Woodford invested heavily in smaller businesses and private, unquoted (off-market) and illiquid (hard to sell) shares.4. Woodford confused investors in his ‘income’ funds, because few of his major holdings paid decent dividends and several had never paid any.A Neil Woodford FTSE 100 old favouriteIf I were picking an old-school Neil Woodford value share today, I’d buy into a mega-cap (FTSE 100) company with a simple business model, huge cash flow, solid earnings and a high and reliable dividend.One company that fits all five criteria is British American Tobacco (LSE: BATS). As I explained last month, BATS is a very simple business. This £74.4bn company sells tobacco and cigarettes to an addicted audience (of which I am sadly one). Familiar BATS brands include Dunhill, Rothmans, Lucky Strike and Camel.This is obviously not a share for ethical investors – you won’t see the $1.1trn Norwegian oil fund investing in BATS. However, BATS was a core holding in Neil Woodford’s original high-income funds. That’s because BATS kept pumping out rising dividends during various market meltdowns, including the near-death experience of 2008/09.BATS is a value share, not a smoking-hot growth share, so I wouldn’t expect its share price to shoot the lights out. Its appeal comes from the mountain of cash it pays out in quarterly (and special) dividends. On its own, it pays out almost 5% of all dividends paid by UK-listed companies, so you don’t get much bigger than a BATS dividend.At the current price around 3,235p, the shares trade on a price-to-earnings ratio of 13.1. Last year’s dividend of 210.4p per share gave a tasty dividend yield of 6.5%. The latest quarterly dividend will be paid on 19 August to shareholders who own or buy shares before 9 July.Finally, BATS shares are up almost 14% over the past 12 months, despite the coronavirus crisis. Adding dividends gives a 20%+ return in a year. Sure, BATS is a FTSE 100 ‘sin’ stock, but its shares have been ‘saints’ for decades, as Neil Woodford knows! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address See all posts by Cliff D’Arcylast_img read more

Take a break: Why rest is the foundation of physical health

first_img Save my name, email, and website in this browser for the next time I comment. From Florida Hospital News TAGSFlorida Hospital Previous article6 Social Security Changes to Expect in 2019Next articleThe mental health impact of disasters like Michael, Irma or Maria Denise Connell RELATED ARTICLESMORE FROM AUTHOR You have entered an incorrect email address! Please enter your email address here Please enter your name here The Anatomy of Fear Share on Facebook Tweet on Twittercenter_img Support conservation and fish with NEW Florida specialty license plate “And God blessed the seventh day and declared it holy because it was the day when He rested from all His work of creation.”This familiar verse from Genesis is just one of the many in the Bible that decree the virtues of rest. From Matthew to Revelation, the scripture is filled with references to the necessity of taking a much-needed break from physical – and mental – work.In fact, rest is so important it’s one of the foundations of our CREATION Health model. Beyond its ability to replenish to the body, mind, and spirit after a long day’s work, rest has the power to reduce stress, lower blood pressure and provide even more health benefits that we are just beginning to discover through science.When it comes to exercise, rest is just as powerful. Physicians emphasize the importance of building rest days into our fitness schedules to help the body properly recover. That’s because the physical benefits of exercise happen after the workout, rather than during it.Here’s how it works: intense workouts trigger an inflammatory response (by its very nature, exercise inflicts a tremendous amount of stress on the body). If you push yourself too hard while the body is still in this recovery mode, it can lower your immune system and leave you susceptible to germs and illness.The prescription: pencil in active rest days to give your body a chance to regroup and bounce back.But active recovery isn’t carte blanche to veg out on the couch all day. Doctors and trainers recommend easier, lower-intensity workouts like yoga or light jogging that use less than 70 percent of your maximum effort.Exercises like these boost circulation, delivering oxygen and nutrients to your muscles and flushing the tissues of metabolic waste that builds up after a big workout.Active rest looks different for different types of exercise. If you’re a runner training for a marathon, for example, alternate race-pace runs with easy jogs. If you’re into lifting weights, incorporate relaxing Hatha yoga or bodyweight exercises. This will keep your muscles engaged, but give them a well-deserved break by using them in a different way.Rest truly does a body good. So, take action in incorporating some time to rejuvenate your body as you work hard to keep it fit, healthy and whole. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your comment! LEAVE A REPLY Cancel replylast_img read more

15-year-old boy dies after falling on camp outing in Pennsylvania

first_imgPaul Hartley/iStock(NEW YORK) — A 15-year-old boy fell to his death while rock climbing in Pennsylvania on an outing with his camp, authorities said. The fall happened Monday near the YMCA Deer Valley Camp in Fort Hill in Somerset County, Stephen Limani, a spokesman for state police, told ABC News. The boy, who was not identified, was attending a teen wilderness camp through the YMCA Camp Kon-O-Kwee Spencer in Beaver County.He plummeted about 50 feet after he and other campers began scaling a rock formation in a state forest, Limani said. Camp counselors took the children to the forest to hike and rock climb, according to Limani. The boy was airlifted to a local hospital, where he died.State police are investigating the incident. The YMCA did not immediately respond to ABC News for comment.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Lori Loughlin, Mossimo Giannulli agree to plea guilty in college admission scam case

first_imgKuzma/iStockBy IVAN PEREIRA, ABC News(NEW YORK) — Lori Loughlin and her husband, Mossimo Giannulli, have agreed to a plea deal in connection with their involvement in the so-called “Varsity Blues” college admissions scandal. The Full House actress will serve two months in prison, pay a $150,000 fine and have two years of supervised release with 100 hours of community service, while her husband, a fashion designer, will serve five months in prison, a $250,000 fine and two years of supervised release with 250 hours of community service, according to the U.S. Attorney’s Office in the District of Massachusetts. They will enter their guilty pleas on conspiracy charges on Friday, according to the office.“We will continue to pursue accountability for undermining the integrity of college admissions,” said United States Attorney Andrew E. Lelling in a press release. The couple become the 23rd and 24th suspects to plead guilty to the case, which was announced last year. Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Health Action pilots focus on OH

first_imgHealth Action pilots focus on OHOn 1 Jan 2001 in Musculoskeletal disorders, Personnel Today Comments are closed. Employment pilot scheme include several projects to improve delivery of OHThe latest Health Action Zone (HAZ) employment pilot programme, which waslaunched by health minister John Hutton last month, includes several OHprojects among the nine pilots chosen for development. Hutton said, “We are working to modernise health services, at the sametime as building the partnerships which will help us tackle the causes ofill-health that hold back the potential of communities to prosper and grow. “The HAZ employment pilots are a practical example of our approach –tackling specific issues linking health and employment. They are a mix of wellthought-out ideas and innovation and we are backing them with £400,000 eachyear over the next two or three years.” The nine pilots include several with an OH focus. One, on Merseyside,focuses on developing occupational health in the NHS and local authority supplychain and local private business sector. It aims to improve OH in small andmedium-sized business enterprises in the HAZ area which supply the HAZ partners– NHS and local authority – by establishing an employer database and network,focusing initially on a few with whom to devise and pilot minimum workplacestandards. Another, in Manchester, is aimed at improving the care of people withmusculoskeletal pain which prevents them from coping with their currentemployment; to facilitate early return to work, prevent development ofdisability and cut healthcare usage. The intention is to establish a localresource centre of excellence for occupational rehabilitation in the managementof back pain. Another, in Walsall, involves plans to develop early interventions tosupport people who are in work but experiencing difficulties due to healthproblems. The project involves working with GPs to develop computer-supportedreferral highways, to refer people to appropriate sources of advice or supportother than medical advice. www.haznet.org.uk Previous Article Next Article Related posts:No related photos.last_img read more

Lending weight to people Measurement

first_imgLending weight to people MeasurementOn 1 Jul 2003 in Personnel Today Related posts:No related photos. It is now more crucial than ever before that in-house development professionalscan account for skills and competencies. Alison Thomas explains why  Do you believe that people are a company’s greatest asset? Of course you do,and your board probably agrees. But how does this translate into action?”Most organisations pay lip service to the idea, yet few measure it ormanage people in a way that allows them to give of their best,” saysDenise Kingsmill, chair of the DTI’s Accounting for People Task Force. Its aim is to come up with a framework which will help firms to giveinvestors and other stakeholders an accurate picture of their human capitalmanagement, and hence their potential for sustainable growth. Since May, thegroup has been gathering the views of interested parties, including readers ofour sister magazine Personnel Today. Now the time has come to draw conclusionsand the task force will report to Patricia Hewitt in the autumn. So what sort of measures is it likely to recommend and where does trainingand development fit in? The consultation document identifies motivation, commitment, knowledge andskills as key drivers of superior business performance and suggests a range ofindicators such as recruitment, retention, diversity, fair employment andremuneration. Training and development also features, including the matchbetween skills acquired and business objectives. “Our workforce is very underskilled compared to our major Europeancompetitors so training is extremely important. It is vital that companiesspend more time identifying and filling the gaps,” says Kingsmill. Standard metricsHuman capital may be too valuable to be ignored any longer, but defining thespecifics is not easy. “We strongly support the substance of theinitiative. What gets measured happens,” says Margaret Murray, head of learningand skills at the CBI. “However, there is such diversity of practice, wedon’t believe standard metrics are feasible and are urging the task force to godown the road of voluntary qualitative reporting.” Sharon Copland-Jones, personnel director of Shepherd Construction, agrees.”It will raise the agenda and that has to be good,” she says.”But what should we measure? Is stability relevant to success, forexample? It is in our industry, but that’s not true for everyone. We must alsobeware of churning out figures. Measuring is not an end in itself, it is ameans of making other decisions.” Linda Holbeche, director of research, Roffey Park, is even more ambivalent.”This is a positive way of putting the pressure on directors and managersat all levels to sit up and pay attention, so the principle is sound,” shesays. “In practice, I am not quite sure how we arrive at something thatwill command wide acceptance. Most theorists suggest it is virtually impossibleto isolate any individual human resource practice such as training, exceptwhere it’s crystal clear that employees embark on a programme with no skill andemerge proficient. What interests city analysts are the broader issues, likethe calibre of leadership, innovation, intellectual capital and successionplans. These are much more difficult to evaluate and very context-specific.” The task force is fully aware of these concerns. “Lots of people havetold us they would like reporting to be mandatory but to have a relativelyblank canvas,” says Kingsmill. “We have to tread a careful linebetween some sort of tick-box approach – which I think would be disastrous –and producing a bland model. So we are not going to be prescriptive, but willtry to come up with some best practice guidelines.” One fear she would like to allay is that this could end up as abureaucratic, number-crunching exercise. Instead she wants to encouragecompanies to set metrics in context, explaining what lies behind them and whataction is being taken. It is not enough to report on training expenditure or hours of training peremployee, for example, what really matters is how organisations define theskills and competencies necessary for success and how they identify theircapability within these. “They must ask themselves, ‘What do we need? Do we have it and if so,where? What do we have to do to align these capabilities with the corporateobjectives of the organisation?’ It requires real strategic understanding ofthe contribution training makes. Not just inputs or even outputs, butoutcomes,” says Hibachi. One firm which uses training as the driver for business is Telford-basedoffice supplies company, Lyreco. “In our market everyone has bigwarehouses and powerful software. We even buy the same products from the samesuppliers, so our only unique selling point is our people,” explainstraining and development director Ian Lawson. Lyreco makes every effort to improve skills and effectiveness and to ensureemployees are well cared for, as without commitment they will not put theirtraining to good use. Lawson also encourages his team to see themselves asbusiness consultants who analyse business problems and identify how trainingand development can make a difference. Interventions are measured against objectives such as productivity,reduction in accidents and absenteeism with some remarkable results. Lawson isalso a great believer in the power of competition to focus the mind and thecompany has several people development awards to its credit. Evaluation skillsNational Training Awards, Investors in People, return on investment –training departments have ample opportunity to hone their evaluation skills.Will this experience help them to make a meaningful contribution to externalreports? Angela Baron, adviser on organisation and resourcing at the CharteredInstitute of Personnel and Development (CIPD), hopes that it will. “A lotof excellent work has been done to demonstrate the value of training and thepayback. In relation to other areas, it is fairly mature and we naturallywanted to include it in our own framework,” she says. This is a reference to Human Capital: External Reporting Framework, whichthe CIPD published last month. Based on research published last November, itproposes five core categories for measurement, including learning anddevelopment, backed up by indicators such as spend on workplace learning andcompetency levels. Baron is keen to stress that there is no single formula thatcan apply in all circumstances, citing training as an illustration. “Companies in highly specialised, fast-changing fields such as IT arelikely to invest heavily in off-the-job training,” she says. “Inother sectors, the strategy might revolve around workplace learning, thecoaching and mentoring skills of managers, personal development plans andpromotion opportunities.” Baron also points to the problem of multipleinterpretations. Coming up with measures is only the beginning and you needconsiderable expertise to interpret them so as to give a true and balanced pictureof the organisation, she says. One question raised by the Accounting for People Task Force is thedesirability of incorporating of reports on human capital management into theCombined Code on Corporate Governance and/or Operating and Financial Reviews(OFRs). There is no suggestion that such reports should be compulsory, however,and it is hoped that as more businesses adopt the practice, measurement willbecome increasingly sophisticated. Murray approves of this evolutionary approach. “It shouldn’t happenovernight. It should be driven by the market,” she says. Baron agrees. “I think there is going to be quite a lengthy period ofdevelopment as companies start reporting on their human capital and come torealise the benefits,” she says. The revolution may not be for tomorrow,but one thing is sure – for the first time ever, HR and training are at the topof the agenda. “It’s an exciting time,” says Baron. “We now haverecognition that people create value but it’s up to us to grasp the opportunities,to be at the forefront of providing, evaluating and interpreting thedata.” Lawson is equally enthusiastic. “It may not be easy, but you’ve got tobe positive,” he says. “If apartheid can end and the Berlin Wall cancome down, surely we can get a measurement system in place.” The task force brief– Look at the performance measurescurrently used to assess investment in human capital– Consider best practice in human capital reporting, and theperformance measures that are most helpful in reports to stakeholders– Establish and champion the business case for producing suchreports– Produce a final advisory reportB&Q reaps rewards of peoplepolicyIf proof were needed that measuringhuman capital management brings rewards, look no further than B&Q. Since2000, it has evaluated staff engagement using Q12 and correlated scores withcustomer feedback and metrics such as staff turnover, shrinkage andcontribution to profit.The results prove conclusively that rising engagement has adirect effect on key business indicators. “It has given the boardconfidence that investing in people has bottom line impact,” says personneldirector Mike Cutt “For the last two years it has agreed to a 60 per centincrease in the training budget, which is enormous, especially for a big maturebusiness such as ours. The human capital management project was not the only factor topersuade them, but it certainly put them in a positive frame of mind.” Comments are closed. Previous Article Next Articlelast_img read more