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The Human Value of the Enterprise

Valuing People as Assets--Monitoring, Measuring, Managing

Autor*innen

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  • 256 Seiten
  • 9 Lesestunden

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People are our most important assets is a common saying in organizations, but can you prove it? This ground-breaking book helps you answer that question in a new era where intellectual capital is more crucial than traditional financial metrics. Value creation is what truly matters, and only people can deliver it for stakeholders in any organization. Despite this understanding, we remain trapped in an accounting framework that relies on outdated definitions of assets and liabilities. This leads to the challenge of measuring a business's most vital resource: its human value. The author confronts today's managerial challenge by proposing quantitative methods to measure and account for human value. He identifies three key areas for measurement: the intrinsic value of individuals, their contributions to financial and non-financial value, and the environment that supports their contributions. These measures should be integrated into the organization’s performance monitoring system. The book guides you in selecting strategically important measures based on cause-and-effect chains. It is rich with practical examples and tools, demonstrating how value-based thinking can be applied to human resource processes, learning and knowledge management, and mergers and acquisitions.

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The Human Value of the Enterprise, Andrew Mayo

Sprache
Erscheinungsdatum
2001
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(Hardcover)
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Titel
The Human Value of the Enterprise
Untertitel
Valuing People as Assets--Monitoring, Measuring, Managing
Sprache
Englisch
Autor*innen
Andrew Mayo
Verlag
UNKNO
Erscheinungsdatum
2001
Einband
Hardcover
Seitenzahl
256
ISBN10
1857882814
ISBN13
9781857882810
Reihe
Schlagwörter
Beschreibung
People are our most important assets is a common saying in organizations, but can you prove it? This ground-breaking book helps you answer that question in a new era where intellectual capital is more crucial than traditional financial metrics. Value creation is what truly matters, and only people can deliver it for stakeholders in any organization. Despite this understanding, we remain trapped in an accounting framework that relies on outdated definitions of assets and liabilities. This leads to the challenge of measuring a business's most vital resource: its human value. The author confronts today's managerial challenge by proposing quantitative methods to measure and account for human value. He identifies three key areas for measurement: the intrinsic value of individuals, their contributions to financial and non-financial value, and the environment that supports their contributions. These measures should be integrated into the organization’s performance monitoring system. The book guides you in selecting strategically important measures based on cause-and-effect chains. It is rich with practical examples and tools, demonstrating how value-based thinking can be applied to human resource processes, learning and knowledge management, and mergers and acquisitions.