Client Benefits
Our experience brings valuable benefits to clients, although quantifying them can be challenging due to the intangible nature of our work. Nevertheless, at Cumberland, we prioritize project evaluation, emphasizing the success level and Return on Investment (ROI). Research shows that implementing sophisticated Human Resource (HR) systems, including various practices such as Recruitment/Selection, Performance Management, Remuneration, Grievance Procedures, Information Sharing, Empowerment Strategies, and Assessment of Attitudes, leads to significant financial returns for organizations.
Enhanced HR
A study revealed that enhancing HR practices resulted in a profit increase of US$7,868 per employee annually and an increase in the firm’s market value of US$33,250 per employee. Implementing these practices for a 300-person organization can potentially yield a profitability boost of up to $2.36M and an increase in market value of up to $9.98M.
Culture
In another study of 175 organisations, it was found that corporate culture can have a significant impact on a corporation’s long-term economic performance. The researchers found that organisations with strong cultures outperformed those with weakener culture over an eleven year period. Below presents a summary of their findings.
Strong Culture
682%
Increased Revenues
282%
Expanded Workforce
901%
Growth In Stock Price
756%
Improved Net Incomes
vs. Weak Culture
166%
Increased Revenues
36%
Expanded Workforce
74%
Growth In Stock Price
1%
Improved Net Incomes
Cumberland Consulting Group
Leading people to business excellence
Contact Us
Level 2-7 Rheola Street, West Perth WA 6005
info@cumberlandconsulting.com.au
Our strong partnership and collaboration with Rotary International and Rotary Means Business stands as a testament to our commitment to supporting the community