The Core Assets of an Enterprise
The assets of an organization can be divided into two categories: its people and everything else. While metrics like real estate, sales, supply chains, and brand recognition are traditional measures of a company's value, a simpler view is that a company consists of the human beings who use technology to improve the lives of others.
Defining Talent in the Modern Workplace
A dictionary definition of “talent” is people who possess a special aptitude or faculty. This implies a capacity for creativity, "outside the box" thinking, and a unique ability to solve problems.
From Rote Tasks to Creative Problem-Solving
Today’s intensely competitive marketplace has little tolerance for employees who simply perform the same task year after year. Organizations large and small must be nimble, creative, and ready to abandon old methods when challenged by new paradigms. The performance of tasks by rote inevitably leads to decline and irrelevance; talent is what infuses the human experience with dynamism and creativity.
A Study on Talent Management Leadership
In recognition of the importance of human assets—a subject given new importance by the 2008 global economic crisis—the Best Practice Institute surveyed a range of enterprises to identify leaders in human resource management. The goal was to find organizations that had initiated transformative efforts to strengthen leadership. BPI looked for companies that successfully created programs to develop existing talent and recruit new talent in response to internal or external challenges.