Highest and Best Use for Human Capital (Part II)
How can organizations invest in people to achieve optimal productivity? Part I of this article explores how the commercial real estate world tests and appraises property based on its potential instead of its current condition. This sequel will apply those principles...
Highest and Best Use for Human Capital
In the commercial real estate world, there is a core concept called “Highest and Best Use” (HBU). Economists such as Irving Fisher conceptualized the idea of maximum productivity (though it had been discussed as early as 1831) in the late 19th and early 20th...
Best Ideas 2021: How to Give Workers a Raise without Spending More
For many employers, 2021 has been a year of frustration. Adjusting to COVID restrictions and dynamics has been challenging enough, and supply chain issues, labor shortages, and employee disengagement have piled on, leaving executives feeling like there is nothing...
Why we need more of the “L” word in business today
LEADERSHIP. On the way to school today, I asked Wyatt (my 6yo son, pictured below as “Batmanta Claus”) what I should write about today. His answer: “Probably about loving each other.” So why do I say we need more leadership? In conversations with people around the...
“Human” Sustainability: Why we are wasting our most precious resource and what employers can do about it
The word “sustainability” almost certainly triggers thoughts of the environment, climate change, and perhaps even the recent COP26 event. It may be surprising that the top Sustainability Development Goals, or SDGs, are actually dominated by the human condition. At...