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Inbrief, they found visionary companies outperformed the market by a factor of 15 and were 6 times more successful than the comparison companies. Visionary companies put a greater percentage of year’s earnings back into the company, returning less in cash dividends to shareholders, invested more heavily in management practices and human capital, specifically in training, recruiting and professional development, and in R&D and in property and in plant and tended to be early adopters or innovator in their industry. Schuster (1986) assessed the critical contribution of human capital and profitability in 1300 of the largest industrial and non-industrials in the US...
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