Human Capital

Most leaders will agree that human capital is the most valuable asset that any company in any industry can have.  The amazement comes when you see how poorly people are treated in so many workplaces.

I’m not referring to the Fortune 500 companies that can afford free meals, day care, and health clubs.  I’m concerned about the hundreds of thousands of small businesses, many of which treat employees as if they were expendable commodities and then wonder why they can’t attract and retain great people.

Contrary to popular opinion, today’s employees aren’t all that different from the previous generation.  They want to work in a culture that values individuals and the contributions they make.  They want to work for an owner or leader who cares about them.  They want to work for a winning team but be a star in their own right.  Millennials, in particular, see their workplace as a key social network and one of their primary connections to society as a whole.

So maybe it’s time for business owners and leaders to define who they are, why their business exists, and what they are looking for in human capital.  People want to work for leaders who have it together and for businesses that are going somewhere.  If people don’t know where you’re going, or how you’re going to get there, they’re unlikely to come aboard, and less likely to stay aboard once they figure you out.

Human capital is the engine that drives business.  If you have the best people, you’ll have the best company.

 
Here are a few Business & Life Tips to think about….

Business Tips:

• Nothing happens until a sale is made. Salespeople are worth their weight in gold when they produce great results. Nourish them.
• If you are a leader, you need to keep people informed–good, bad, or ugly. Knowledgeable people are understanding people.
• People want to work for a brand they can identify with and a culture they believe in. Leaders are wise to build both.

Life Tips:

• What we do has profound meaning in the sequence of life circumstances. Most life situations result from our actions or in-actions.
• You lose today by reaching back to yesterday. Instead, live today and seek tomorrow. Think future. The past is simply the past.
• Change can be difficult, but nothing happens until something old transitions away. Look for opportunities in the midst of change.

 
Check out a past article written by Bill in….

July – August  2015 Issue

– Scroll to Page 56 –

Leaving a Legacy: The People Principle

Tags: Advice, Business, Business Development, Business Tips, Customer Service, Determination, Developing Leaders, Dreams, Drive, Energy, Ethics, Friends, happiness, Humility, Integrity, Knowledge, Leadership, Life Tips, People Leaders, Personal Development, Philosophy, Project Leaders, Relationships, Reputation, Success, The Mind of a Leader, Values