Powers of 5 Forms ``Street-Smart'' Practice Helping Companies Mine Assets to Build Market Valuation
Legendary US headhunter admits "if management and directors worked harder at management development, we would be close to being out of business." Conclusive evidence by the The American Society for Training and Development (ASTD) shows that if management cultivated their employees, revenue, profits and valuations would be much higher. Shareholders could again begin to believe in corporate goverance.
BOCA RATON, Fla.--July 31, 2002--With market sentiment displaying an overwhelming disbelief in corporate governance, corporate America's options to raise valuations are limited. A newly formed training and development firm, Powers of 5, based in Boca Raton, Florida believes that corporations can differentiate themselves in the marketplace by discovering and cultivating the entrepreneurial spirit within their organizations. The firm's areas of expertise include the creation of "winning" teams; corporate development; strategic relationships/alliances and market execution.
A company's future financial performance, including stockholder return is predictable. "By turning learners into leaders, increased shareholder values begin to build as a result of an immediate skill transfer; a higher degree of knowledge retention; resolutions to business problems; increased employee commitment and more internal and external collaboration," states Michael Billy, President/CEO.
Powers of 5's consultative approach is based on 25 years of experience using "outside-the-box" approaches that have produced a myriad of innovations in auto retailing; online education; supply-chain; publishing, travel, politics, financial services, consumer information and human capital management.
Conclusive evidence is represented by a study done by the American Society for Training and Development. The performance of 575 publicly traded firms was reviewed between 1996 and 1998. For those companies that invested $680 more in training per employee than the average company, their total stockholder return improved by 6 percentage points after all factors were considered.
Firms in the top quarter of the study group that invested an average of $1,595 an employee in training had a 24 percent higher gross profit margin and 218 percent higher income per employee than firms in the bottom quarter that invested $128 an employee.
"The markets want observable leadership and definable credibility. When companies place a priority on optimizing their most important asset, which is their human capital, revenue, market share and growth through innovation will automatically follow," concludes Billy, an industry veteran with more than two decades of building corporate and entrepreneurial ventures.
Initially, the firm will serve publicly traded and privately held companies in the Eastern United States. Powers of 5 brings street-smart, make-it-happen corporate entrepreneurial training and development to their clients. Their approach is built on simplicity and results. The first step in assessing the potential to accelerate market value is discovering where the most abundant and fertile human capital assets are. From there, cultivation allows for collaboration across the entire corporate environment.
Each engagement is based on real life methodologies and successes. The firms offers small to large interactive group presentations that range from one-half day engagements to two-day sessions; one-on-one consulting for executives in both public and private corporations; corporate intelligence and team coaching; mentoring for small to medium business owners and return on investment (ROI) analysis.
For more information, please visit our web site at http://www.powersof5.com. Michael Billy can be reached directly at (561) 702-2341 or by email to michael@powersof5.com.
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Contact:
Powers of 5, Boca Raton
Michael Billy, 561/702-2341
michael@powersof5.com
http://www.powersof5.com
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