Hackett: Forbes.com, "Talent Management Strategies Pay Off"

Business Wire, August 20, 2007

ATLANTA -- Choose the best leader for the job if you want your company to attain financial success. That sounds easy enough, and it's commonly understood in the corporate world. However, many companies aren't practicing what The Hackett Group, a strategic advisory firm, calls "talent management."

In a new study, the firm reports that among the 500 largest public companies in the U.S., the average company could expect 15% higher earnings, or $400 million annually, if it did. In its analysis of companies' recruitment processes, The Hackett Group enumerates the performance benefits of fostering an internal talent pool and ultimately defines talent management as "the core process by which organizations identify talent needs and acquire, develop, manage and measure talent."

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About The Hackett Group

The Hackett Group, a global strategic advisory firm (NASDAQ:ANSR), is a leader in best practice research and advisory programs, benchmarking and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insight from more than 4,000 benchmarking studies, executives use Hackett's empirically based approach to quickly define and prioritize initiatives, and to leverage proven strategies that enable world-class performance. Through its sister company REL, Hackett offers working capital solutions focused on delivering significant cash flow improvements. Hackett has worked with 2,700 major corporations and government agencies, including 88% of the Dow Jones Global Titans and 73% of the Fortune 100.

More information on The Hackett Group is available: by phone at 770-225-7300; by e-mail at info@thehackettgroup.com; or on the Web at www.thehackettgroup.com.