Your Most Valuable Asset

There has been a lot written since the 1960’s, in a wide range of business books, about the most valuable asset of a business being measured not purely in financial terms, nor in capital resources, but in the skill, knowledge, experience and enthusiasm of the people that are employed in the business.

Jim Collins, in his recent book From Good to Great, makes the observation that it is not people, per se, that are the most valuable assets of a business, but having the RIGHT people.

How do we determine who the right people are for our business?

We must employ people who are able to do the job in the right way. The right way is determined by their fulfilling the Mission and Vision of the business and always acting in keeping with the values of our business.

Their own personal sense of Mission, Vision and Values must be compatible with those of the business.

These fundamental elements shape the employment contract for the effective business person.