February 28, 2011

Human Capital = Job 1

Not only in word, but in deed, that what great leaders do with human capital....

Here's an interesting anecdote, that I came across, that brings this point home:

"If managers say that employees are their greatest assets, why do they-

- Read their emails DAILY

- Pay their bills MONTHLY

- Check their inventory QUARTERLY

- Service their machinery HALF-YEARLY

- Check engagement and performance of their employees only once a YEAR?


Human capital practices have not caught up with financial management practices and are still tuned to the industrial age.

And yet, human capital represents 77% of total expenses."


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