Financial Advisors  Promote Your Business
Financial Advisors
ProMatch
Directory
Cost Report
 

Human Capital or Productivity?






Today productivity requires working smarter rather than harder. Companies increase output to combine inputs, implementing technology, and new business models. Nevertheless, all these tools require talented people who can bring productivity to life. In the new era, human capital (time, talent, energy, ideas) is the establishment of superior performance. A single great idea can put a company on top for years. Think of Apple (iPhone) or IKEA (re-imagination of home goods).

If companies continue to focus too much attention on managing financial capital, they will commit far too little to ensure their real scarce resources (time, talent, and energy) are placed to their best use. Companies lose their productive power by wasting time on structures, processes, and practices, resulting on an undermined performance from their workers. Human capital has become the primary source of competitive advantage, and companies that manage it carefully as financial capital can perform better than the rest. It is all a matter to apply real discipline in their management if they seek to attract, deploy, and lead the hired talent more effectively. With that discipline, such talent will certainly achieve that inspirational leadership they seek within (even at the lowest hierarchy of the company’s corporate governance).

Most of today’s leaders were taught strategy (at school or on the job) by the old traditions, in a time when capital was scarce and expensive. Not surprisingly, most large-cap companies still treat financial capital as the most valued resource for control and use. Those practices are not in rhythm with what is required to win in the new age. Only those who have learned and understand that ideas and people is what brings to life a company’s asset, are the ones who build impressive leads. Those who do not learn these lessons may find themselves lost behind in the years to come.



Be the first to find this article helpful.

About the Author

Renzo Mazzini, MARCFIELDS -Capital Management
2553 SW 20 ST
Miami, FL 33145
305-992-8244

If you would like to re-print this article, please contact the author.
Need a financial planner? Get matched to financial planners, stock brokers, and investment advisors in your area.
Find a Local Financial Planner

Related Topics

Financial Planning
Financial Advisors - Stocks & Bonds
Financial Advisors - Asset Management
Retirement Planning & IRAs
401-k Rollover Assistance
The importance of aligned interest
This article and 2 minute video discusses the difference between a Registered Investment...

No 401(k)? No Problem
Retirement plans are not limited to the popular 401(k). In fact, there are many...

Six Keys To Successful Investing
Here are six basic principles that may help you invest more successfully.

Learn to Become Happy and Successful
This article references the author's book of the same name. It helps teach the "Average...

Spring Cleaning Your Finances
Follow these five tips when managing your finances, and you will ultimately make better...

Need a financial planner? Get matched to financial planners, stock brokers, and investment advisors in your area.

Other Related Topics

Legal Platform Practices
Security and Control by Clients

Beyond Traditional Asset Classes: Exploring Alternatives
Stocks, bonds, and cash are fundamental components of an investment portfolio. However,...

The New Wave of Budgeting Part 2
After my last article I was asked the question: “Where do I start if I feel like all my...

Solving the Small Business Owner’s Retirement Dilemma
There’s a fatal flaw in the retirement of many small business owners: After pouring a...

How’s Your Financial Strategy Coming Along?
How’s your financial strategy coming along? That old adage, “People don’t plan to fail,...

Editorial Disclaimer: The views expressed in articles published on this website are those of the authors alone. They do not represent the views or opinions of this website or its staff. The articles on this site do not constitute a recommendation or endorsement with respect to any views, company, or product. Authors affirm that article submissions are their original content or that they have permission to reproduce.

Free Cost Estimates   |   Financial Advisors Directory   |   Financial Advisors Cost Report   |   Free Business Listing



Home   |   Articles & Videos   |   Affiliates   |   Networking Groups   |   Search by Category

Terms of Use   |   Privacy   |   About Us   |   Contact Us   |   Member Login

©2003-2018 - VentureStreet, LLC

Join Our Business Network