YOUR EMPLOYEES HAVE A LOT MORE TO OFFER THAN YOU THINK!
When the value of any asset in a business is assessed, its valuation is based on its life expectancy, what it can contribute to the organisation within that time frame, all the areas it can add value to, and finally its positive impact on the bottom line. Right?
Ok, so imagine if we valued our people in the same way, and by doing so increased the amount of time they worked with us, their overall value to the organisation, and while doing this, enhanced their profiles and their motivation?
And what if those valuable people could then help us with the most common and the most expensive operational issues an organisation encounters, when previously, we didn’t know that they could? Be great wouldn’t it?
Sounds a bit like workplace ‘Nirvana’!
People are your greatest expense, depending on your organisational type it could be anywhere between 40% and 60% of your business costs; therefore it is the biggest overhead, should it not therefore be the greatest asset, and treated accordingly?