Comments on: People are our greatest asset – you just can’t say it http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/ People and Performance, Learning and Measurement, Human Capital and Talent Management Fri, 30 Oct 2009 18:31:24 +0000 http://wordpress.com/ hourly 1 By: Talent management is not the same as Human Capital Management « Talent Management & TBHRM http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-14166 Talent management is not the same as Human Capital Management « Talent Management & TBHRM Fri, 28 Aug 2009 13:11:21 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-14166 [...] The concept is that organisations need to make best use of their employees to succeed. This idea that people are a valuable asset has its origins in academic work on human capital, and is a thought frequently – and usually inadequately – expressed by CEOs (see previous post: ‘People are our greatest asset’). [...] [...] The concept is that organisations need to make best use of their employees to succeed. This idea that people are a valuable asset has its origins in academic work on human capital, and is a thought frequently – and usually inadequately – expressed by CEOs (see previous post: ‘People are our greatest asset’). [...]

]]> By: ‘People are our greatest asset’ disproved? « Donald H Taylor http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-14039 ‘People are our greatest asset’ disproved? « Donald H Taylor Mon, 15 Dec 2008 14:55:47 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-14039 [...] blogged in March 2007 that People are our greatest asset – you just can’t say it, and nothing here causes me to revise my opinion, except perhaps to add this codicil: as well as [...] [...] blogged in March 2007 that People are our greatest asset – you just can’t say it, and nothing here causes me to revise my opinion, except perhaps to add this codicil: as well as [...]

]]> By: Antonio http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-13994 Antonio Fri, 04 Jul 2008 09:14:11 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-13994 Hi Donald, I was reading your well-argumented article when sundenly I thought about Jean Bodin "there is no richness except humans". The slogan "People are our greatest asset" it's true but it is also great rhetoric without strong and coherent HR policies. Hi Donald,

I was reading your well-argumented article when sundenly I thought about Jean Bodin “there is no richness except humans”.

The slogan “People are our greatest asset” it’s true but it is also great rhetoric without strong and coherent HR policies.

]]> By: Nicki http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-1332 Nicki Tue, 15 May 2007 09:45:45 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-1332 Been wandering around your blog, very thought provoking and insightful. All the assets listed were created by people who happened to be the asset of the month. There's an expiry date and you're only as good as your last success. Success is never final - Winston Churchill Been wandering around your blog, very thought provoking and insightful.

All the assets listed were created by people who happened to be the asset of the month. There’s an expiry date and you’re only as good as your last success.

Success is never final
- Winston Churchill

]]> By: Tom O'Brien http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-257 Tom O'Brien Tue, 03 Apr 2007 15:10:49 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-257 OK, waaay late chiming in here - but this one really gets me going. In fact I have a post with just the latest example of this management hypocrisy (Circuit City last week) over on my blog. Also, my experience is that the best companies I have ever worked for (and the ones that valued people the most) never said "people are our most valuable asset" they just did it. This is a conclusion employees will draw from how they are treated - not what is said. Finally, interesting tidbit in the WSJ last week about the value of employees. Financial services is essentially an employee centric and dependent business. No blockbuster drugs or patent protection. The employees ARE the company. With a putative IPO valuation of $40 Billion, each of Blackstone's 770 staffers is valued by the market at $50 MM each. This is far beyond other current superstars. (Google is very high b/c of it's unique market position and high degree of proprietary technology - and the BUBBLE!) Google = $13.5 MM/ee Goldman Sachs = $3.2 MM/ee Moody's = $5.0 MM/ee Anyway, interesting stuff. Tom O'Brien www.tomob.wordpress.com OK, waaay late chiming in here – but this one really gets me going. In fact I have a post with just the latest example of this management hypocrisy (Circuit City last week) over on my blog.

Also, my experience is that the best companies I have ever worked for (and the ones that valued people the most) never said “people are our most valuable asset” they just did it. This is a conclusion employees will draw from how they are treated – not what is said.

Finally, interesting tidbit in the WSJ last week about the value of employees.

Financial services is essentially an employee centric and dependent business. No blockbuster drugs or patent protection. The employees ARE the company. With a putative IPO valuation of $40 Billion, each of Blackstone’s 770 staffers is valued by the market at $50 MM each. This is far beyond other current superstars. (Google is very high b/c of it’s unique market position and high degree of proprietary technology – and the BUBBLE!)

Google = $13.5 MM/ee

Goldman Sachs = $3.2 MM/ee
Moody’s = $5.0 MM/ee

Anyway, interesting stuff.

Tom O’Brien
http://www.tomob.wordpress.com

]]> By: What is Talent Management? « Donald H Taylor http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-242 What is Talent Management? « Donald H Taylor Mon, 02 Apr 2007 08:16:12 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-242 [...] Although I have no problems with the idea of people as assets in a loose accounting sense (see previous post), they are not chattles. The employer has a duty of care to employees that extends beyond ensuring [...] [...] Although I have no problems with the idea of people as assets in a loose accounting sense (see previous post), they are not chattles. The employer has a duty of care to employees that extends beyond ensuring [...]

]]> By: Desmond Ng http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-211 Desmond Ng Wed, 28 Mar 2007 16:58:32 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-211 A very well developed post showing an unbiased argument. Most absolute statements are not true and definitely debatable. I agree that People being the most important asset varies in different companies. Also, it depends on individual. Certain employees add value to the company, always doing more then expected. This are no doubt assets. However in many companies, there are those that under work or do exactly what is given to them too. This are the disposable assets. Identifying people assets will no doubt strengthen the company. Very well written post. A very well developed post showing an unbiased argument. Most absolute statements are not true and definitely debatable. I agree that People being the most important asset varies in different companies.
Also, it depends on individual. Certain employees add value to the company, always doing more then expected. This are no doubt assets. However in many companies, there are those that under work or do exactly what is given to them too. This are the disposable assets.
Identifying people assets will no doubt strengthen the company.

Very well written post.

]]> By: Talent management is not the same as human capital management « Donald H Taylor http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-190 Talent management is not the same as human capital management « Donald H Taylor Mon, 26 Mar 2007 12:08:48 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-190 [...] The concept is that organisations need to make best use of their employees to succeed. This idea that people are a valuable asset has its origins in academic work on human capital, and is a thought frequently – and usually inadequately – expressed by CEOs (see previous post: ‘People are our greatest asset’). [...] [...] The concept is that organisations need to make best use of their employees to succeed. This idea that people are a valuable asset has its origins in academic work on human capital, and is a thought frequently – and usually inadequately – expressed by CEOs (see previous post: ‘People are our greatest asset’). [...]

]]> By: Employees are our most valuable asset | More than a living http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-169 Employees are our most valuable asset | More than a living Fri, 23 Mar 2007 18:41:11 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-169 [...] So, Donald H. Taylor is taking a cut at improving that phrase with his post, “People are our greatest asset – you just can’t say it.” [...] [...] So, Donald H. Taylor is taking a cut at improving that phrase with his post, “People are our greatest asset – you just can’t say it.” [...]

]]> By: donaldhtaylor http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-157 donaldhtaylor Wed, 21 Mar 2007 18:44:01 +0000 http://donaldhtaylor.wordpress.com/2007/03/20/people-are-our-greatest-asset-%e2%80%93-you-just-can%e2%80%99t-say-it/#comment-157 Chris, thanks for the in-depth comment. I think that some marketeers would question the word count in your catchy slogan, but as it is the only offering to date, yes you win. I'm sure that the kudos of victory is enough, and you would not want to dirty your hands with money. Chris, thanks for the in-depth comment.

I think that some marketeers would question the word count in your catchy slogan, but as it is the only offering to date, yes you win. I’m sure that the kudos of victory is enough, and you would not want to dirty your hands with money.

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