About the research We identified leading companies who are unlocking the “growth combination” of data, technology, and people) through data science, text analytics and econometric modeling Leading companies were identified by applying text analytics to earnings call transcripts from S&P Capital IQ, captured in the 2020-2022 timeframe across 3,800 large, global organizations (with annual revenues higher than $500M USD and headcount of more than 1,000 employees.) Strategic focus on talent creation and digital core topics was determined through a set of key words and phrases. Companies were considered “leading” when they were found to be in the top quartile in focus across both categories of topics, relative to their industry groups. While 18% of organizations were found to be in the top quartile for just talent creation and 20% for just digital core, 5% of organizations were found to be in the top quartile for both. (We found 56% of organizations were not strongly focused on either.) We then applied econometric modeling using these organizations’ financial data, captured through S&P Capital IQ. Top-line productivity levels (measured as revenue per employee, in USD) and yearly revenue growth going back 10 years (2012-2022) were used to develop a panel regression equation to simulate the impact on revenue growth and productivity of (a) becoming a leading company with regard to digital core and talent creation, and (b) increasing focus on digital core and talent creation topics. We identified High-Res CHROs through global CEO and CHRO surveys Surveys were conducted between October and November 2022 with 570 CEOs and 570 CHROs across 12 industries (Banking, Insurance, High Tech, Retail, Consumer Goods & Services, Public Sector, Healthcare, Communications and Media, Utilities, Energy, Life Science, Software & Platforms) in 12 countries (Australia, Brazil, Canada, China, Germany, France, United Kingdom, India, Japan, Singapore, Switzerland and the United States.) High-Res CHROs were determined by identifying CHROs in the top quartile of scores on a composite variable made up of “perception” (extent to which CEOs and CHROs perceive the CHRO as a High-Res CHRO) and “reality” (growth initiatives driven by the CHRO) items within the survey. The High-Res CHRO variable was recoded as dichotomous (0=not High- Res CHRO; 1=High-Res CHRO) and utilized to determine frequency of High-Res CHROs, as well as enabling environment, profile and pathways to growth specific to this group. 33
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