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  Press Release
For Immediate Release
7/21/04
Contact: Roger Herman

Workforce Stability Institute Merges with Human Capital Institute

The Human Capital Institute (HCI) and the Herman Group announced in Washington DC today that they have entered an agreement to merge the Workforce Stability Institute (operated by the Herman Group) with HCI. Under the terms of the agreement, the Workforce Stability Institute (WSI) will become part of HCI as a distinct but integrated body of research and learning available to HCI members. WSI members will be offered free one-year memberships in HCI.

Both HCI and WSI are not-for-profit organizations dedicated to the advancement of thinking and best practice in talent management. "In discussions with Roger Herman and Joyce Gioia, (principals of WSI) it became clear to me that our organizations share important philosophies around helping companies and government build the most value from their workforce," said Allan Schweyer, Executive Director of HCI. "Mr. Herman and Ms. Gioia have become well-known for their ideas around planning for workforce changes, recruiting, workforce optimization and retention, we are thrilled to have them as partners in HCI."

Roger Herman, Chief Executive Officer of the Herman Group and Senior Fellow of WSI said, "The Human Capital Institute has built a strong reputation very quickly by delivering quality and timely information about strategic people management. We are just as impressed with their plans for the future and look forward to working with them to continue the work we've done over the past eight years through the Workforce Stability Institute."

HCI hopes to begin offering WSI materials and education in August 2004 when integration of the sites and membership is expected to be complete. Roger Herman and Joyce Gioia will serve on HCI's national advisory board as well as on HCI panels looking into future labor trends. They will also be frequent speakers at HCI events. The Herman Group will continue to advise on the ongoing development of WSI within the Human Capital Institute.

About The Herman Group
The Herman Group is a firm of Strategic Business Futurists concentrating on workforce and workplace issues. Based in Greensboro, North Carolina, they forecast the future and advise clients regarding relevant trends and how those trends may affect their lives. Applying their expertise as seasoned consultants, they advise corporate leaders regarding workforce strategy, employee retention, and organizational development to help them build workforce stability. They help organizations become Employers of Choice®, formally recognizing companies that meet the stringent standards dictated by the employment marketplace. As authors of 11 management books and as active professional speakers, they inform and inspire people to make a positive difference in the world of work.

About the Workforce Stability Institute
The Workforce Stability Institute, as a not-for-profit organization, provides information, education, and support services to the general public. These services include a comprehensive Recommended Reading List of publications in the field, presentations at events open to the public, and accessibility to knowledge by college, university, and corporate instructors. Fellows serve as a resource for news media representatives who provide information and insight to the general public through their electronic, broadcast, and print resources, The Institute also collaborates with organizations such as the Employers in Support of the Guard and Reserve to raise awareness and capacity for employers dealing with specific issues.

About the Human Capital Institute
The Human Capital Institute is a catalyst for innovative new thinking in talent acquisition, organizational development and performance measurement. Through research and collaboration, HCI programs collect original, creative ideas from a field of the brightest thought leaders in talent management. Those ideas are then transformed into measurable, real-world strategies that help our members attract and retain high-performing people, build a diverse, inclusive workplace, and leverage individual and team performance throughout the enterprise.

CONTACT: Julie Dalley, Human Capital Institute 866-538-1909 press@humancapitalinstitute.org

The Herman Group is a firm of consulting futurists concentrating on workforce and workplace trends and their implications. Emphasis is placed on employee selection and retention as critical strategies. Included in the firm are researchers, professional speakers, authors, and consultants. The Herman Group is based in Greensboro, NC, with affiliates in Sao Paulo, Melbourne, Hong Kong, and Port Louis, Mauritius. Contact Joyce Gioia-Herman at 336-210-3548 or e-mail: joyce@hermangroup.com.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            


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