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People are a Business’s Most Important Asset

Nov 4th, 2010 by Mehrad Karimzadegan

In a recent article, Sir Richard Branson, founder and leader of the Virgin Group stated how people are a business’s most important asset.

Richard Branson operates many companies in many different genres of business. These include Virgin Mobile to Virgin Airlines and many others in between. After having the many years of experience in the world of business and founding tremendous success, he believes none of it would be possible without the company’s employees.

Branson ensures the highest quality of employee character by offering unique methods of training along with proper employee treatment. By being a very personal leader to his employees, he is able to transfer his level of energy and charisma to the employees in order for them to develop the personality standards that Branson and the Virgin Group stand for. One way he does this is by giving every single employee his cell phone number so they are able to personally contact him if they needed help and to ensure the employees that Virgin management is there for them.

Branson also stresses how one can’t always be right when looking to hire certain people that initially seem to fit the personality criteria that would be suitable for the company. In such situations, it is important to act decisively and swiftly to ensure the problem does not continue. These type of decision making skills can be applied to all aspects of business mangament. When people are in certain roles that decisions must be made, they must -like Richard Branson- act swiftly so the company can fully benefit and prosper and not be negatively affected.

The employees and managers that make up any company are key to any business’s success. A company with enthusiastic, determined, and effective workers is on a path of prosperity and profit. The best kind of employees are the most valuable asset and as Richard Branson states: ” a key part of building a successful business is people, people, people.”