Chitika

Friday, January 14, 2011

A Businesses Greatest Asset


Have you ever had an opportunity to sit down and list out all your assets?  Most companies have technology assets, inventory, buildings, land and other assets.  One of the greatest assets that you have is your employees.  Without this asset, most of you would not be able to exist the way you do today.

Before we get started let’s define an employee:  www.dictionary.com  defines an employee as “a person working for another person or a business firm for pay”.  As you read this definition is that how you view your employees?  Let’s change the word employee to teammate for the rest of this article.  At All Business Concierge, we view all people that work with us and for us as teammates.  It makes a difference.
While on the surface it may seem so insignificant, I would let you know that our research over the years has shown that people respond and react so much differently to the two phrases. Overall, an employee feels like they have to do something, while a teammate understands that they are critical to the overall success of every task they perform.

Which do you have?
Taking it even further, consider the replacement cost of each of your assets.  Which one do you consider to be the most important?  Imagine the time you have put into your most trusted teammate.  
    • Training Hours
    • Personal Growth
    • Individual time spent
    • Investment in intellectual deposits

Your most valuable assets are your people.  Over the next few articles, we are going to dive deeper into how you can truly make sure that your GREATEST ASSET, your employees, feel:
    • Valued
    • Important to the overall mission of your company
    • Feel empowered to lead the business to the next level
    • Understand how their role is critical to the overall company
    • Develop a sense of “want to help” as opposed to “have to help” attitude
    • Ensuring that every teammate you have is your most vocal advocate about your business

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