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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. In contrast, today’s scarcest resource is your human capital, as measured by the time, talent and energy of your workforce. Vincent Tsui for HBR. Monitor it.
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. Talent Acquisition. If you are early in your career, you may be engaging a lot with recruiters. Compensation.
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