Are You Taking Advantage of Human Capital?

Do you harness the greatest power in your organization?  The best assets of your church, business or non-profit never appear on your balance sheet.

The truth is that any organization is only as good as the people within it.  Take the greatest idea and put the wrong people behind it and little progress will be realized.   With the right people, even average ideas can achieve tremendous results.

Are you taking the advantages of human capital?

Are you relying on the knowledge, insight and experience of everyone on your team to make the organization better?

Here are a few quick ways to capitalize on the people value of your team:

Brainstorm – Have assigned times periodically where everyone on the team gets to give input into the organization’s future.

Allow mistakes – Create an environment where team members are willing to take risks without fear of repercussion if things go wrong.

Ask questions – Genuinely seek help from those around you.  Recognize the fact that others may know more than you know about a particular subject.

Don’t pre-define – If you want help solving a problem or planning for the future, start with a clean slate.  If the leader always has the answer, team members are less likely to share their input.

Be open to change/new ideas – The leader must genuinely desire the involvement of others.  If team member’s suggestions are never implemented, they eventually will stop sharing them.

How are you currently taking advantage of human capital?

For more ideas on creating an environment of innovation click HERE.