When you sit down to evaluate your organization’s performance, what measures come to mind
Chances are, you first think about your balance sheet measures: how much revenue did we generate last quarter, how much was our growth in sales and profits or what gains did we make in our market share
Next, you may think about the costs: equipment, material, travel and so on
Or perhaps it is your customer measures that come up for consideration: have complaints increased, are they repurchasing our products
These key performance indicators (KPIs) are important and you consider them on a weekly, monthly and quarterly basis
What is often missing from this list is an area that accounts for one of your largest expenses and perhaps creates the most value: your people, or what many now call “Human Capita