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Today’s executives spend a lot of time managing the balancesheet, despite the fact that it doesn’t represent their company’s scarcest resource. Vincent Tsui for HBR. Financial capital is relatively abundant and cheap. You can actively measure the amount of difference-making talent that you have in your organization.
Human resource teams are critical to the growth of a company since employees typically represent both the biggest operating expense and largest off-balancesheet asset for most businesses. If you are early in your career, you may be engaging a lot with recruiters. Compensation.
Most of these companies are private and don’t publish their balancesheets. The 300,000 companies in the association’s data set have more than doubled their profits from operations over the past 13 years, outpacing their corporate counterparts in the country. This success is no blip.
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