CPP, Inc., an industry leader in research, training, and organizational development tools including the Myers-Briggs Type Indicator® assessment, today announced that Wayne Cascio, a member of its board of directors, received the $50,000 Michael R. Losey Human Resource Research Award, presented by the Society for Human Resource Management (SHRM) at its 62nd Annual Conference and Exposition in San Diego.
The Losey Award recognizes HR professionals or researchers whose contributions significantly advance the field of human resource management. Since 1996, Cascio has served on the board of directors for CPP, a company whose numerous HR tools, research and regular consultation to Global 2000 companies directly relate to the subjects of his research.
“CPP is honored that one of its board members has been recognized for such important work,” said Jeff Hayes, President and CEO, CPP, Inc. “The issues that Dr. Cascio’s work highlights – especially the impact of downsizing and turnover – are concerns that CPP regularly works with its clients to address. We can attest to the impact they have on organizations of all sizes, and believe this award will draw due attention to his very revealing findings.”
Dr. Cascio’s research – which shows that downsizing regularly fails to meet its objectives and often leads to negative financial returns – was nominated in three areas:
- The organizational effects of downsizing
- Quantifying the financial effects of human resource policies and practices
- Employee turnover determinants and outcomes
The Losey Award winner is chosen by a committee of seven, including representatives from each endowing organization and chaired by Deb Cohen, chief knowledge development and integration officer at SHRM. The award, established in 2000, was named in honor of former SHRM President and CEO Michael R. Losey.
“To say that I am overwhelmed with joy and gratitude upon receiving this award is an understatement,” said Cascio. “I am humbled and honored to know that my research has contributed to the vision of Michael Losey, an individual who has tirelessly promoted the use of management practices informed by established research findings.”
Cascio has elected to honor this award by donating 20 percent of it – $10,000 – to the SHRM Foundation.
About CPP, Inc.
Since its founding in 1956, CPP, Inc., has been a leading publisher and provider of innovative products and services for individual and organizational development, supplying reliable training solutions to businesses of all sizes, including the Fortune 500. The company’s hundreds of offerings have been used by millions of individuals in more than 100 countries, in more than 20 languages, to help people and organizations grow and develop by improving performance and increasing understanding. Among CPP’s world-renowned brands and services are the Myers-Briggs Type Indicator®, Strong Interest Inventory®, Thomas-Kilmann Conflict Mode Instrument (TKI), FIRO-B®, and CPI 260® assessments; and CPP Professional Services.
For more information on CPP, visit www.cpp.com.
About the Society for Human Resource Management
The Society for Human Resource Management (SHRM) is the world’s largest association devoted to human resource management. Representing more than 250,000 members in over 140 countries, the Society serves the needs of HR professionals and advances the interests of the HR profession. Founded in 1948, SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China and India. Visit SHRM Online at www.shrm.org.
About Dr. Cascio
Wayne Cascio is the Robert H. Reynolds Chair in Global Leadership at the University of Colorado Denver Business School and a senior editor of the Journal of World Business. He serves on the board of directors for CPP, Inc., and is a Fellow of the National Academy of Human Resources, the Academy of Management, and the American Psychological Association. Cascio is the author of numerous books, including his Managing Human Resources, Investing in People, and Responsible Restructuring: Creative and Profitable Alternatives to Layoffs. He served as a member of the SHRM Foundation’s board of directors from 2000 to 2008, and as Chair in 2007.
Dr. Cascio has spoken and consulted for numerous clients, including NASA, the CIA, Intel, Ford, and Delta Airlines. He has also acted as an HR expert witness and content expert in court cases, such as Ricci v. DeStefano, where Justice Ginsburg’s dissenting opinion cited Cascio’s work.
Cascio received a doctorate in industrial/organizational psychology from the University of Rochester in New York, a master’s degree in experimental psychology from Emory University in Atlanta, Georgia, and a bachelor's degree in psychology from College of the Holy Cross (Worcester, Mass.).