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Industry Insights

Organization’s Most Valuable Asset

Posted on 18/03/2019 by PrimeHR

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The most valuable asset of a 21st-century institution, whether business or non-business, will be its knowledge workers and their productivity.

A continued focus on profitability and a fear to work and think out of the box instead of focusing on putting our “People’s” satisfaction at work first, will surely be the beginning of the end.

Human Resources (HR) Managers who don't leave their people behind are professionals that understand Human Capital, the importance of people in a business or an organization.

The importance here is derived from the actuality that people are the contribution to the growth and development of a business or an organization. Human capital is an intangible asset and it cannot be handled the same way as the other aspects in an organization. This is because it is the employees that actually own their human capital instead of the organization. Any expenditure on employees, training and so forth is not an expense, instead, should be viewed as an investment.

With the age of expansion locally and internationally evermore, people are in reality an organization's most valuable asset. The idea that organizations "compete through people".


PrimeHR are experts in all things HR related in Singapore. Contact us to find out how we can help your organization today.