5 Strategies Leaders Can Use To Enrich Human Capital

Want an easy formula for understanding the techniques used by legendary leaders to influence their people's attitudes and behaviors?

Whenever someone seems unsure of the leader's primary priority by asking me these kinds of questions, then I know I need to explain this critical subject more fully:

1) Who must leaders lead?

2) What exactly are leaders supposedly responsible for doing?

3) How and in what ways should a group leader go about leading the organization?

Maybe you can use this article to help you in understanding how savvy leaders evaluate, map out and go about performing their most imperative work - that is, to boost the competences of their group's human capital.

It is my earnest wish you will appreciate this one undeniable truth: capable leadership means multiplying the powers of your "human capital equation".

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Human Capital Asset Enrichment Strategy 1:

Learn The Operational Traits of Your Capital Assets!

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You will find there are four elemental groupings of human capital "assets".

Because your leadership success relies on your comprehension of these assets, you have to focus them in your mind as being those means by which all of us add value to our world, to our environment and to our corporate progress.

Regardless of the circumstances, people purposely try to make an impact upon their fellow creatures - I call those value-appreciating areas, "capital assets".

Here are those value-leveraging impacts:

Production - defined as the ability to create, evaluate, perform, deliver, process, supply, execute, apply or produce and any other "functional" activities which yield tangible results.

Knowledge - may be thought of as possessing an ability to think, analyze, conceive, extrapolate, interpret or translate and other mental, reasoning, cogitating or intellectual actions.

Social - the forming or strengthening of relationships, communities, teams, partnerships or alliances, along with the development and maintenance of networks, interactions, exchanges or transactions with as well as between other people.

Utilization - applies the ideas of evolving and incorporates the capabilities required for moving towards growing, improving, enhancing, evolving, developing, learning, educating and progressing beyond one's present state or native abilities - observers might see this as a dominant trait to act towards realizing, attaining or pushing past one's potential.

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Human Capital Asset Enrichment Strategy 2:

Magnify the Awesome Impacts of Our Capital Assets!

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When you are focusing your attention on, sharpening your oversight of and magnifying the impacts for each of the four workplace-expanding areas of: Production, Knowledge, Social Capital and Utilization, you will certainly enjoy a virtual treasure trove of positive outcomes.

But what other goals might bring you even larger, more sustainable pay-offs if you concentrate your efforts on developing them?

Here are some ways your leadership efforts can help others produce mutually-beneficial results:

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 always done it or because we are supposed to do it this way?

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 areas to enhance our efficiency, improve our resourcefulness and increase our 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, constantly changing, Warp-9 like pace of change - how do you develop the capacity or potential for innovating each of those critical 4 areas?

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Human Capital Asset Enrichment Strategy 3:

Energize The Awesome Power of Your Capital Attributes!

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You are already very familiar with each of your internal capital attributes - they are, your physical, intellectual, spiritual and developmental natures.

Successful leaders wisely encourage us to fully involve those attributes of our human natures - they understand that people endeavor to be at their best when they given an opportunity to totally apply:

- Their 5 physical senses - consists of their 'actions-on' the world (called the physical nature),

- Their creative and cognitive minds - characterized by their 'actions-with' the world (our intellectual or mental nature),

- Their soul [their will, psychological and emotional natures] and spirit - perceived as their 'actions-for' rationalizing worldly realities (your spiritual side)

- Their ability to learn new things and then innovate and apply their new knowledge to solve problems, work-through challenges and try-out new situations - apprehended by their 'actions-towards' handling the world's challenges (I call this our developmental capability).

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Human Capital Asset Enrichment Strategy 4:

Grandly Evolve, Expand and Energize Your Resources!

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The most important object in every organized effort is the human resource.

Leaders must obey the three laws of human resources

- Humans should never be seated on the bench for an entire game,

- Humans should never be looked-down upon by their leaders and

- Humans should never be under-developed.

Failure to observe those precepts is a sickness many leaders inflict on the people in their organizations.

Yet an unbelievable 95% of all organizations violate most of those precepts everyday - want proof?

Just look for and you will usually find one or more evidences of this disease thriving in your organization, your partner networks or within your own heart, mind or behaviors:

- Unimaginative, uninspired work products or practices

- Frustrated, fearful, worried employees

- Acts of sabotage or 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.

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Human Capital Asset Enrichment Strategy 5:

Inspire, Influence, Involve, Incite, Instigate, Incentivize, Include, Incorporate, Increase, Incubate, Inculcate, Indemnify, Induce Them to Enrich Their Capital Assets!

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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 this strategy with all the zeal, enthusiasm and love that you can muster - when you do, you will discover that literal chest of treasures which normally 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.

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Whether you are called a leader or think of yourself as just a follower you can enrich the human capital assets of the people within your operating circle.

If you work at creating or organizing knowledge, performing customer or supplier services or supervising the activities of people, you too can apply the lessons you have learned in this article.

Now that you understand the strategies of human capital appreciation, I would suggest you follow these guidelines:

First, test them out in your own activities;

Next, try these practices on your friends, families and associates at work;

Finally, master these techniques and make our world a precious treasure by enriching the space around you and your colleagues, today.

Thomas A. Edison used to say: "You are worth what you are, not what you have!"

I implore you to employ this enrichment strategy and transform your knowledge into productive actions which express your vision and become a glorious reality in your own life.

You don't need a badge to act like a leader. Follow the sage advice of that famous advertisement which urges us to: "Just Do It!"

Copyright © 2007, Mustard Seed Investments Inc., All rights reserved.

Bill Thomas trains business, government and community leaders in 75 nations. His highly acclaimed "Leadership-Toolkit" and "Leadership-UltraNet" performance-improvement programs energize leadership skills, enrich creativity and transform people into influential, engaging leaders. Inspire Confidence, Be Innovative, Enhance Your Leadership Power Get "All-the-Tools-You-Need-To-Lead-and-Succeed!" http://www.leadership-toolkit.com/leadershipcourses.php

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