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5 Human Capital Asset Enrichment Strategies for Leaders!
Here's a really simple way to think about the ins and outs, the doing and practice or attitudes and behaviors of being a leader. Many times I get asked certain questions that tell me that there seems to be some confusion concerning these critical areas of the leadership mission: 1) When and who can, should or will leaders need to lead? 2) What do leaders actually do? 3) How and in what ways do leaders appear to lead? This article will show you how to analyze, define and perform the most important task of a leader's job - that is, to enrich human capital. You will appreciate this one essential truth: leaders need to invest in and leverage the various factors, variables and elements of the "human capital equation". * * * * * * * * * * * * * * * * * * * * * * * * * * * Human Capital Asset Enrichment Strategy - Number 1: Learn the Nature of Your Capital Assets! * * * * * * * * * * * * * * * * * * * * * * * * * * * You will want to use your understanding of the four generic asset categories that form "human capital". In a word, your success as a leader depends on your answer to this simple question: what are human capital assets? Our capital assets are defined as the ways we bring value to our world, to our environment and to our evolution. Because people purposely add value to the circumstances of their lives, I call each of those value-appreciating areas, a "capital asset". These assets or value-enhancing capabilities are: Production - the ability to create, evaluate, perform, deliver, process, supply, execute, apply, produce and many other "functional" activities. Knowledge - may be thought of as having an ability to think, analyze, conceive, extrapolate, interpret or translate and other mental, reasoning, cogitating or intellectual actions. Social - the forming of relationships, communities, teams, partnerships or alliances, the developing and sustaining of networks, interactions, exchanges or transactions with and between other people. Utilization - concepts involving capabilities towards, growing, improving, enhancing, evolving, developing, learning, educating and progressing beyond one's innate or natural ability - an ability to act towards and achieve the fulfillment of one's potential * * * * * * * * * * * * * * * * * * * * * * * * * * * Human Capital Asset Enrichment Strategy - Number 2: Focus the Considerable Impacts of Our Capital Assets! * * * * * * * * * * * * * * * * * * * * * * * * * * * If you can maintain the idea of focusing attention on, sharpening the impact and magnifying the effects of each of those 4 capital asset areas. You can be certain that when you do all of these actions, you will find a venerable treasure trove of positive outcomes. So what should you concentrate your efforts on developing? Here are some possible beneficial pay-offs: Value - you will increase the impact of this desirable benefit simply by constantly questioning the meaning of your group's work engagements - are we doing this task to add value or because we have to or are supposed to do it? Quality - improving the quality of the processes that your group uses to accomplish its work must be a continual process unto itself - how much and in what ways do we leverage the 4 capital asset areas to enhance our efficiency, our resourcefulness and effectiveness? Motives - what inspires you is many times just as important as what your motivation inspires you to achieve - does your group invest any of their time and energies into exploring the values, beliefs, meanings, purposes and objectives propelling their daily efforts? Capacity - building upon the competencies, performances, know-how and knowledge, facts and figures and growth opportunities are critical in these days of disruptive, brutally dynamic, break-neck pace of change - how do you develop the capacity or potential for each of the 4 capital asset areas? * * * * * * * * * * * * * * * * * * * * * * * * * * * Human Capital Asset Enrichment Strategy - Number 3: Fully Engage the Power of Your Capital Attributes! * * * * * * * * * * * * * * * * * * * * * * * * * * * You are already very familiar with each of your capital attributes - they are, your physical, intellectual, spiritual and developmental natures. Successful leaders endeavor to fully involve those attributes of our human natures - they understand that people are at their best when they totally engage: - Their 5 physical senses, - Their creative and cognitive minds, - Their soul [their will, psychological and emotional natures] and spirit - Their ability to learn new things and then innovate and apply their new knowledge to problems, challenges and situations. * * * * * * * * * * * * * * * * * * * * * * * * * * * Human Capital Asset Enrichment Strategy - Number 4: Grandly Evolve, Expand and Energize Your Resources! * * * * * * * * * * * * * * * * * * * * * * * * * * * The most important thing in every organized effort is the human resource. There are just three rules concerning the human resource - it should not be under-utilized, it should never be under-estimated and it must not be under-developed. It's really a sickness that most leaders inflict on their groups. 95% of all organizations violate all three of those rules everyday - want proof? Just look for any of the following symptoms of the disease in your organization, base of operations or yourself: - Unimaginative, uninspired work products or practices - Frustrated, fearful, worried employees - Sabotage, theft [minor items like pens, paper, etc.] - Lapses in ethical behaviors, morality and truthfulness - Absence of leaders who are or feel empowered to act Excellent leaders seek ways to maximize, expand-upon and broaden the scope of involvement of their people's bodies, minds, spirits and souls - nurture your people and they'll nourish your prosperity. * * * * * * * * * * * * * * * * * * * * * * * * * * * Human Capital Asset Enrichment Strategy - Number 5: Inspire, Influence, Involve, Incite, Instigate, Incentivize, Include, Incorporate, Increase, Incubate, Inculcate, Indemnify, Induce Them to Enrich Their Capital Assets! * * * * * * * * * * * * * * * * * * * * * * * * * * * Leaders are "In-" it all for the long haul - leaders always "In-"vest their energies "In-"to the growth and enrichment of their people. You should attempt to follow Strategy Number-5 with all the zeal, enthusiasm and love that you can muster - when you do, you will discover that literal chest of treasures that usually lies hidden deep "In-"side your people. You'll discover that there are numerous opportunities "In-" the resources, attributes, potential impacts and assets of human beings for you to "In-"geniously, "In-"variably "In-"veigle and demonstrate your care and concern for your people's welfare and advancement. It's "In-" your best interests to work exclusively and fully "In-"volve yourself "In-" the critical activities of coaching, mentoring, counseling, guiding, challenging, educating, "In-"spiring and empowering your people "In-" all that they do. ------------------------------------------------------------ Whether you called a leader or think of yourself as just a follower you too can enrich the human capital assets of the people under your care. If you work with knowledge, perform some service or supervise people or a process, you can use the lessons learned in this article to add value, leverage human resources, inspire others and develop potential. Now that you know the strategies of human capital appreciation, you should experiment first with your own work activities, then try it these principles on your friends, families and associates at work - make your world a better, more enjoyable place, enrich your space today. Author, consultant and successful leader, Jim Rohn, tells us that, "A good objective of leadership is to help those who are doing poorly to do well and to help those who are doing well to do even better." You can turn these 5 enrichment strategies into a wonderful, productive, positive and tangibly glorious reality in your own life. You don't need a business card to say you are a leader, your boss doesn't have to appoint you to a position of leadership and you don't need a badge to act like a leader. As the famous advertisement urges us all to, "Just Do It!" Mustard Seed Investments Inc. Copyright ฉ 2004, All rights reserved. ************ Article Ends Here **************** PUBLISHER/EDITOR NOTES: You have permission to publish this article electronically, in print, in your ebook or on your web site, free of charge, as long as the copyright notice and author's data are included Please kindly email a 'courtesy' copy to: mailto:editor@syntopic.net [Word Count = 1200] **************************************** JOIN OUR AFFILIATES PROGRAM: Earn generous 2-Tier commissions on Sales AND Leads when you become an affiliate of Mustard Seed Investments, Inc. Simply join our affiliate program at - http://www.syntopic.net/Affiliate_SignUp.html Get no-cost books papers, articles and tools! Plus you will earn 30% commissions on sales of our products, 10% commissions on 2nd level sales and $0.10 per qualified lead every month! **************************************** Bill Thomas - Editor Be Creative, Inspire Confidence, Master the Secrets of Solution-focused Leadership! "All the Tools You Need to Lead & Succeed" http://www.leadership-toolkit.com/info.html +1-719-544-9949 **************************************** * * * * * * * * * * * * * * * * * * * * * * Mustard Seed Investments, Inc. 140 West 29th Street, STE-161 Pueblo, Colorado 81008 USA +1-719-544-9949 Bill Thomas publishes "The Leadership Toolkit" and "Your Leadership-UltraNet" - performance-booster programs that energize your leadership skills, enrich your creativity and transforms you into a persuasive, empowering leader. Inspire Confidence, Be Creative, Enhance Your Leadership Influence - "All-the-Tools-You-Need-To-Lead-and-Succeed!" - Learn How: http://www.leadership-toolkit.com/bonus_info.html
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Coaching Shades of Grey: Government, Religion, & People Some think that everything is black and white. I'm beginning to see everything as different shades of grey. What Does Exceptional Business Success Require of Us? To excel in business we need conscious command of all our faculties, mind, body and heart to ensure our work/life balance. Then we can seize the moment of opportunity and create exceptional results. Wanted: A Dictionary-Perfect Leader Answers are often before our very eyes or in front of our noses - particularly if we read the American Heritage Dictionary! Leadership Training and Character The vast majority of leadership training available to managers focuses primarily on skill and behaviors: how to delegate, how to communicate, how to manage conflict. These skills are unquestionably important and necessary. However, we maintain there is another important ingredient that has been severely neglected in leadership training, that ingredient is "character." Leadership character and its qualities is the focus of our new book and workshop: "Qualities of Leadership." Being an Extraordinary Leader Through Tough and Challenging Times Tough and challenging times will surely come. That is a given. The question is what kind of leadership we will demonstrate during those time. Those who are weak leaders will see lasting damage done, if not see the organization fall apart completely. With Extraordinary Leaders at the helm, however, an organization can actually become stronger and thrive in spite of the tough and challenging times. That should be our goal so here are some idea on how to be an Extraordinary Leader in tough and challenging times! Effective Leaders are (#1) Conceptual SEE INTO THE FUTURE CREATIVELY AND PRACTICALITY: Planning day-to-day is obviously important, but a good leader must be able to see the long-range picture, to know the history of the organization and have a sense of the direction in which it is traveling. Effective leaders always have the long-range picture in mind as they plan laterally. Are You Playing or Practicing Leadership? Anne was a new supervisor, and like many new supervisors she took the new role as a manager and leader seriously. She took advantage of training that was offered to her. She learned how to do performance reviews effectively, listened to other leaders to learn from them. She read several books recommended to her by others. Secrets of Creating Success with Ease Do you ever strum your fingers on the desk top as you look down at your work and think, 'Right, how can I do all this lot without really working?' The Seven Army Values - Theyre Not Just For The Military The Army defines seven values that soldiers should strive to emulate in their daily lives. These core values establish a standard of conduct; they form the foundation of personal behavior that defines the person, as well as the expectations soldiers have of one another. These values are Loyalty, Duty, Respect, Selfless Service, Honor, Integrity, and Personal Courage. Who Needs Heroes? When we were talking the other day we started to think about our heroes when we were young. After we had discussed the usual film star and sports stars that we idolised I remembered Derek. Derek was a couple of years ahead of me in school and he had everything; he always got straight 'A's' and was formidable on the football field as well as one of the fastest over 100 metres. What's more he did not appear to work at it. When the rest of us were 'slaving' away at our homework or sweating buckets trying to impress on the football field or athletics track he just turned up and got on with it. A natural, was how one of our teachers described him. E=MC - Is It In Me? How many times have you seen the E = MC2 formula and wondered what it might mean to you? The Incandescence Of The Human Spirit There lives within every individual a power, an energy, an incandescence of spirit that is being constantly held in check, like a dimmer switch turned way down. Blowing Your Own Leadership Horn There are two streams of competitiveness running through every organization. The first goes outward: It's the organization's competitive activities toward its competitors. The second goes inward: It's the competitiveness of leaders inside the organization who are vying against one another for power, recognition, privilege and promotion. Exceptional Leadership Inspires the Best Effort in Others There is a steady stream being written and taught about leadership these days. There are tips about leadership, courses about leadership, books, retreats, and continuing education all focused on leadership. While all of this material is useful and can certainly enhance one's leadership knowledge, for the most part it avoids asking and answering two questions: Sometimes Leaders Need to Get the Boot Today I stood up to a guy right in front of his boss. I challenged him, the former leader, to change his position and give up his position of power. He had fallen from that position though no fault of his own, yet, he did not deserve the power that he desired. Leadership - Passion, Purpose, Profit - Its Not That Hard Go to any educational institution, look at airport bookshelves, shopping centres and open your eyes to the myriad of products available today and you could be forgiven to thinking that the art of leadership was beyond mere mortals. Trust - The Most Vital Component in Leadership "Trust is the emotional glue that binds followers and leaders together." To Be An Effective Leader, Do A Check-up From The Neck Up Before we can effectively lead anyone, we must take an introspective view of ourselves. We must do a check-up from the neck up. We must be certain that the thoughts and attitudes we hold are in alignment with the role we perform. Women in Leadership - How to Get Promoted It is often much harder for women to get promoted than men. The most common characteristic of successful women is that they know how to express their excellence in a male dominated environment. How do they do it? Leadership Prep So you want to be a leader? Or you want to be a better leader? It can be done, you know. No matter where you are in your leadership journey, you CAN move forward. You CAN lead better. You CAN lead more people. You CAN lead your organization to higher ground.
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