Human Capital Reporting: Breaking the Impasse
A third of FTSE 100 companies are withholding vital workforce related information from their annual reports, including skills challenges and employee turnover. New research from … Read more
assets
Transform Your Business Through More Effective Personal Reviews
There is an increasing tendency to do away with annual performance reviews. That is as it should be, for performance assessment should be an ongoing activity. It is also one that is most honestly done by the employee when the pressures of measurement and its consequences are removed. Career development, however, is not something the person can address unilaterally: it calls for a conversation. Managers still need to sit down with employees and ascertain to what extent they are growing and developing as people, how their work is contributing to that, and what needs to be done to provide and sustain that self-development.
The Paradox of Management and How to Remedy It
Nor is valuing people as difficult as history would have you believe. In fact it is the core of the ‘Every Individual Matters’ model. Valuing people as assets is the first step in the model and the foundation for building a culture that ensures optimal individual and organisational performance. After all, as Simon Sinek also says, “It is not the genius at the top that makes people great. It is great people that make the guy at the top look like a genius.”
Meeting Management’s Greatest Challenges
Apparently there are seven major challenges currently occupying the minds of business leaders and causing them concern. At least, that is what the conference speaker … Read more
Powering Business Success: The Sustainable Model
This very effectively illustrates the virtuous circle of the formula and the reinforcing aspect of its independent and inter-dependent elements. As people develop themselves they will increase their asset value, inevitably enabling them to make a greater contribution to the organisation and help execute strategy effectively. Note that, per the formula, disciplined execution is the multiplier and this will be boosted by their ownership stake which will make them more naturally inclined to do so.
Redundancy: When will they ever learn?
As long as you continue to manage people as costs, rather than as assets, redundancy will always remain an attractive option. Even if redundancy is not a “knee-jerk” reaction to bad performance it certainly can seem like it. At best it reflects badly on management and calls into question their ability – and therefore their right – to oversee a large organisation. Why?
People as Assets – A Practical Proposition
The challenge Last week we looked at the statement “people are our greatest asset” and found that it was more than a cliché. The definition … Read more
People as Assets – Fact or Fiction?
“People are our greatest/most important assets!” How often have you heard that? It has become rather a cliché. But how much validity does the statement … Read more
A spectacular own goal!
For a profession that vociferously proclaims its right to a place at the high table of management the HR profession is remarkably adept at undermining … Read more
Can you really manage with non-permanent employees?
As a writer myself, I understand the difficulties of creating “attention-grabbing” headlines and titles. And this week I was struck by the headline, ‘Why the … Read more