A Human Capital Checkup
In honor of the Innovation Awards, it seems appropriate to discuss the critical importance of human capital.
In honor of the Innovation Awards, it seems appropriate to discuss the critical importance of human capital.
Take a few minutes to ponder this question: Do you see your people as assets or expenses? We all might like to jump to the answer of assets but is it true?
If you are an employee, take the proactive approach and seek out your manager to discuss where the company is headed. Find out how you can add more value.
No matter how sophisticated and technology-rich your company, it will not run without people.
It might just pay to remember that your relationship network is one of your most valuable assets. Can you find ways to collaborate for win-win success?
As an ERP expert, it is quite clear to me that even the best systems will fail miserably if they don't possess talent. Don't even bother to select and implement an ERP system if you don't have the "right" people on the bus. Start with executive support and continue on down through every position – everything is a team effort.
Persistence is important in supply chain in overcoming challenges and driving significant improvements and innovation.
Are you thinking about apprenticeships? It doesn't have to be as dramatic as an untimely death; there are many reasons you should be thinking many years down-the-line with your apprenticeship programs.
When it comes to retaining your internal talent and your key supply chain partners, it is not terribly complex. Think about how you would like to be treated and what would attract you to want to work for or with your company.
What are executives looking for in supply chain professionals? That was the topic of the panel I participated on at the Drucker Supply Chain Forum with executives from the Walt Disney Company, Source Intelligence, Intelligent Audit and CSCMP. So, what is the consensus?