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Jac Fitz-enz, PhD, Delivers ForeSight.


SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif. -- New Sales and Service Improvement Program for Fortune 1000 and Emerging Growth Organizations at the Vanguard of Organizational and HCM HCM hypertrophic cardiomyopathy.  Planning

Jac Fitz-enz, PhD, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Human Capital Source and author of seven books on human capital measurement and workforce evaluation, announced today the official launch of ForeSight(TM) -- a premier people strategy forecasting program which gives managers and senior executives the power to predict how their decisions will help solve the chronic problems of turnover and customer defection that erode market share and diminish profit.

Focusing on what drives outcomes at the "moment of truth," Fitz-enz's definitive term for the opportunity point when every corporate investment either pays off in a sale, or is lost when a customer leaves without buying, ForeSight(TM) successfully helps companies align systems, processes and culture around the goal of competitive advantage through improved predictive capability. "There are thousands of moments of truth occurring everyday in an organization that influence the outcome of decisions," says Fitz-enz. "It is a very complex real-time dynamic with many tangible and intangible variables surrounded by large amounts a human performance data. For the first time we're gathering this critical mass of data, applying unique metrics, crunching all the numbers, and fashioning more effective and predictive decision making processes from the moments of truth in organizations where corporate investment pays off -- or is lost."

First mentioned at the 7th Annual HR Technology Conference in Chicago last October, Fitz-enz described Human Capital Source's flagship program in development as "the future comprehensive analytical process, going beyond benchmarking." At the HRPS HRPS High Risk Point Source
HRPS Human Resource Payroll Salary
 meeting in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 last week, he confirmed the premier program's market readiness -- and discussed how it uses the best practice analytic tools of Unicru and SAS Institute SAS Institute Inc., headquartered in Cary, North Carolina, USA, has been a major producer of software since it was founded in 1976 by Anthony Barr, James Goodnight, John Sall and Jane Helwig.  and the proprietary metrics and processes of Human Capital Source, taking human capital analysis to a new level of decision effectiveness.

"Its unique approach simultaneously and in real-time, collects, assesses and analyzes the human, production, marketing, financial and external forces that drive current and future company profitability. Working with your organization's micro and macro workforce data, and capitalizing on the significant advances in decision science and workforce analytics, ForeSight(TM) allows managers to understand the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  in all areas of human capital spending capital spending

Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years.
, see their organization's critical interaction points, and predict how decisions in those areas will help solve turnover and customer defection."

In its first month on the market ForeSight(TM) has gained growing visibility and acceptance in the financial, grocery and a national restaurant chains The following is a list of restaurant chains.

See also: Fast-food restaurant, Casual dining, List of reference tables. International

  • Bennigan's
  • Burger King
  • Charley's Grilled Subs
  • Domino's Pizza
  • Hard Rock Cafe
. It is specifically designed to help managers and senior decision makers in industries plagued with service and sales challenges -- i.e., banking, hospitality, logistics, insurance, and healthcare.

"Service-focused industries have long been plagued by high employee turnover, typically ranging anywhere from 40% to over 100% annually," says Fitz-enz. "This constant churning is costly to a company -- and confusing to the customer. It's a proven fact that a 5% increase in customer retention can produce a 25% increase in earning. ForeSight(TM) gets a company to that 'moment of truth.'"

As the acknowledged Father of Human Capital Benchmarking and Workforce Analysis continues to pioneer the emerging field of human capital evaluation and management, he remains focused on accommodating the growing needs and accelerated demands for best practice services that go beyond benchmarking. Committed to be the global leader in best practice, predictive forecasting, Fitz-enz continues to focus his research around the human factor in successful corporate strategy equations.

About Human Capital Source

Based in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , with offices in Chicago, Charlotte, N.C. and New York City, Human Capital Source operates globally, leading the way to the "next" wave of workforce analysis and practices. The company addresses the human capital decision making needs of corporate executives through training, consulting and speaking activities at various HR-focused events, user conferences, and company meetings. Recent clients include Runzheimer International, Conference Board -- US and Canada, Unicru, HR Planning Society, SAS Institute, Human Capital Institute, Human Capital Magazine, Cox Communications Cox Communications is a privately owned subsidiary of Cox Enterprises providing digital cable television and telecommunications services in the United States. It is the third-largest[2] cable television provider in the United States, serving more than 6. , Ingram Book Group, HR Biotech bi·o·tech  
n. Informal
Biotechnology.


biotech
Noun

short for biotechnology

Noun 1.
 Association and BrassRing. For more information on Human Capital Source visit http://www.humancapitalsource.com or contact Mady Gorrell at 650-464-6496.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 2, 2005
Words:688
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