GROW And Human Capital
2025-07-03 02:08:30

Joyo Bank Leverages GROW by IGS to Visualize Human Capital and Sales Outcomes

Joyo Bank and IGS: Pioneering Human Capital Visualization


Joyo Bank, part of the Mebuki Financial Group and headquartered in Mito City, Ibaraki, has embarked on an important initiative by utilizing the GROW tool developed by the Institution for a Global Society (IGS). This innovative approach focuses on analyzing employee skills and their direct correlation with sales performance metrics. The GROW tool, specializing in assessing skills and competencies of employees, has recently played a critical role in Joyo Bank’s disclosure in their fiscal report for the year ending March 2025.

An Assessment of Employee Skills


In its latest report, Joyo Bank undertook an extensive evaluation of approximately 1,500 sales representatives using the GROW tool. Through statistical analysis, it became clear that improving the skill level of employees has a notable impact on sales performance. Specifically, it was found that lifting the skill level by one notch resulted in a 12% increase in corporate sector sales and a 6% increase in individual sector sales. Moreover, the data revealed that participation in specific training programs or obtaining relevant certifications also contributed positively to skill enhancement and sales performance outcomes.

The Value of Human Capital Investment


The overarching goal of this initiative is to visualize the relationship between human capital investment and employee skills, creating a roadmap for future investment strategies. Mebuki Financial Group, which includes Joyo Bank and Ashikaga Bank, is committed to collaborating on projects that blend knowledge with practical skills, aimed at illustrating the effectiveness of human capital investments while relating them back to sales achievements.

The involvement of Joyo Bank in the 'Human Capital Theory Practical Research Group,' organized by IGS, signifies an active effort toward understanding and documenting the ROI of human capital investments.

Benefits of Data-Driven Insights


Capitalizing on data derived from the GROW tool, Joyo Bank is paving the way for quantifying the costs and returns of its human capital investments. This groundbreaking initiative serves as an advanced example in the financial sector, focusing on the correlation between human resources and overall corporate value. Effective representation of this link is expected to enhance company valuations and appreciation from investors.

IGS aims to continue its support pertaining to human capital management by facilitating the definition of personnel requirements based on corporate strategies, visualizing competencies, and evaluating the effectiveness of investments. By fostering such initiatives, both Joyo Bank and IGS envision enhancing long-term corporate performance, increasing investor confidence, and promoting meaningful employee growth.

Looking Ahead


With the advent of obligatory human capital disclosures for fiscal years starting after March 2023, companies are increasingly tasked with presenting their non-financial efforts, including human resource strategies and diversity initiatives. The data-driven approach taken by Joyo Bank is a step towards establishing best practices in demonstrating the empirical links between employee capabilities and financial success.

The insights derived from these analyses are becoming essential tools for organizations seeking sustainable growth. As more companies begin to report on human capital in their official documentation, we can expect a trend where human resource investment is deemed an asset rather than just an expense.

IGS plans to proliferate their support for utilizing human capital data through GROW. By following the lead of companies like Joyo Bank that embrace insights from their human capital, businesses across Japan are poised to enhance their reputations among investors while ensuring their workforce experiences meaningful career development and motivation enhancements.

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Topics General Business)

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