In the current global market where competition should never be underestimated, companies have to grasp on their only asset which is not replicable: human capital. Products, formulas, processes, and ideas can all be copied at any time, but the people behind all of these can’t.
This is the single most important factor in today’s economy: people. From company executives to every level of employees, managing the workforce is crucial. And to achieve the highest levels of productivity, human capital must be managed in the proper way.
Customized training services company Creative Organizational Design, recommends organizations to take an approach on productivity based on the people factor, focusing on developing the appropriate and most efficient human capital.
Psychologist and founder of Creative Organizational Design, John Towler, Ph.D., realized after some research that the proper approach to people and the ability to adapt to workforce changes is what has made some firms excel over their competitors.
While the majority of companies spend their time managing materials and finances, the least invest in managing people. But, on the other hand, “excellent companies have realized that people really are the keys to the kingdom”. And this is understandable and totally reasonable and accurate, given that “organizations don’t achieve success or efficiency or higher productivity; people do”.
Productivity through people is about company philosophy; a philosophy about people and their place in the organization. Successful companies have philosophies and cultures that permeate deep into the organization, spreading the spirit of trust and respect in which employees are viewed as partners and treated with authority. When establishing such philosophy, leaders must train both management and employees for a new working relationship.