KnowledgeAdvisors and Bassi Investments’ Human Capital Measurement Portfolio Outperforms S&P 500 by 15 Percent
Intuitively it makes sense (to me at least) that investing in staff skills, knowledge, training and qualifications is not only a good investment socially, but also financially. After all, each person will be responsible for a huge number of tasks and decisions during even a short stay with an employer; if investing in improving that person improves the speed, quality, appropriateness or overall cost of even a few of those tasks and decisions, the benefits to the employer could be enormous.
So it’s nice to see that a financial study has agreed with this understanding.
Don S wrote:
Ummm, yes. Not only outside training. In fact not even primarily outside training, but building the traits of the learning organisation into the workflow of the organisation. Retrospectives, pair programming, sprint planning, etc are not only tools for improving team performance but improving individual performance as well. I did some pair programming a week ago with one of the other chaps (an exceedingly rare thing around here) and picked up two or three good shortcuts in the space of an hour doing PP. Makes me wonder how much better I could be if we did it regularly – say an hour a day minimum.
Retrospectives? Same comment, “What did we/I do wrong? What could be improved? Are two of the most important sentences in the world – and we don’t ask those questions.
Posted on 25-Jun-08 at 4:37 pm | Permalink