Brenton Chin's Blog

What is a company’s biggest asset?

November 2nd, 2010 · No Comments

In class last week, we were learning about assets, and what they mean to a company. Well, we also learned that people are a major asset to a company… and are sometimes a company’s biggest asset.

I believe this is the case, however I suppose it debatable. A company that fully believes that a people are their biggest assets is the company Virgin. Virgin spends a lot of time finding the right personalities to run their companies. It is sometimes a challenging task because Virgin seeks managers that have all the listed qualities:

1) good listeners
2) inventive yet organized
3) determined, yet ready to enjoy themselves

It is hard for Virgin to the find the right personalities to run their companies,because not only must managers take their roles seriously, they also need to see the lighter side of life and care passionately about the company (and not just their status within it)

Virgin is a firm believer of the saying: “Rot starts at the top”. This saying describes how the poor attitudes of “rotton” management will spread down to employee.s

.

What do you all think? Do you agree that Virgin is correct in that a company’s biggest asset is their EMPLOYEES?

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