How Do You Quantify Your Human Capital? What Is Their Value To You?
Could it be that the business world has finally come to the realisation that the human capital in their businesses is what drives their outcomes? Current research being undertaken by UBS is attempting to support the measure that "quality personnel create quality businesses".
Accountants and analysts commonly value a business purely on financial data but what does that data actually represent? The figures are a representation of the contribution of the people in the business. It is the human capital that drives the earnings and the companies that are investing in their people will undoubtedly come out ahead. The financials are a snapshot of the monetary outcomes that have been delivered by the efforts of the human capital. Without the people there would be no financials to analyse.
So, the question is why do so many businesses fail to invest in their people and make the effort to understand the talents and diversity of skills and ideas of their staff? It really is simple stuff. Maybe it's too simple. We have forgotten the basics or thought that there are other more trendy concepts and management speak that we need to adopt to take our business forward.
The basics are if you invest in your staff they will be more engaged and motivated and your business can only benefit.
Quantifying the 'value' of your staff is key to establishing an understanding of your human capital assets and building an environment that will deliver a competitive advantage for your company.
I can help your business quantify your human capital, to deliver the best outcomes for you and them.
Get in touch to have a chat.
Ros O'Connor
Thinking DNA - www.thinkingdna.com.au
human capital and innovation are the source of all long term economic success





No one person has all the answers. A collective of ideas will always have a better chance of success





