Valuing your personnel component – The only way forward
Organizations almost always state that their personnel are the most important asset they have. Nonetheless, the only place in the accounting system where one will find reference to personnel is the profit & loss statement, as a cost of course. In our book ‘Exit Fantoomtrots’ Leo van de Voort and I make the claim this should be dealt with differently. Understanding the real value of acquired knowledge and competences of your employees will ensure that they are going to be taken care of better. In my presentation I will elaborate on the way to make this value visible and how you, as CHRO, can lead this conversation within the Board because it could have a huge effect on the long term value of the organization, and, if applicable to the (stock) market value.