5 Human Capital Asset Enrichment Strategies for Leaders!

Here's a really simple way to think about the ins andouts, the doing and practice or attitudes and behaviors ofbeing a leader.

Many times I get asked certain questions that tell me thatthere seems to be some confusion concerning thesecritical areas of the leadership mission:

1) When and who can, should or will leaders need to lead?

2) What do leaders actually do?

3) How and in what ways do leaders appear to lead?

This article will show you how to analyze, define andperform the most important task of a leader's job - thatis, to enrich human capital.

You will appreciate this one essential truth: leaders needto invest in and leverage the various factors, variablesand elements of the "human capital equation".

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Human Capital Asset Enrichment Strategy - Number 1:Learn the Nature of Your Capital Assets!

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You will want to use your understanding of the four genericasset categories that form "human capital".

In a word, your success as a leader depends on your answerto this simple question: what are human capital assets?

Our capital assets are defined as the ways we bring valueto our world, to our environment and to our evolution.

Because people purposely add value to the circumstances oftheir lives, I call each of those value-appreciating areas,a "capital asset".

These assets or value-enhancing capabilities are:

Production - the ability to create, evaluate, perform,deliver, process, supply, execute, apply, produce and manyother "functional" activities.

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

Social - the forming of relationships, communities, teams,partnerships or alliances, the developing and sustaining ofnetworks, interactions, exchanges or transactions with andbetween other people.

Utilization - concepts involving capabilities towards,growing, improving, enhancing, evolving, developing,learning, educating and progressing beyond one's innate ornatural ability - an ability to act towards and achieve thefulfillment of one's potential

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Human Capital Asset Enrichment Strategy - Number 2:Focus the Considerable Impacts of Our Capital Assets!

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If you can maintain the idea of focusing attention on,sharpening the impact and magnifying the effects of each ofthose 4 capital asset areas.

You can be certain that when you do all of these actions,you will find a venerable treasure trove of positiveoutcomes.

So what should you concentrate your efforts on developing?Here are some possible beneficial pay-offs:

Value - you will increase the impact of this desirablebenefit simply by constantly questioning the meaning ofyour group's work engagements - are we doing this task toadd value or because we have to or are supposed to do it?

Quality - improving the quality of the processes that yourgroup uses to accomplish its work must be a continualprocess unto itself - how much and in what ways do weleverage the 4 capital asset areas to enhance ourefficiency, our resourcefulness and effectiveness?

Motives - what inspires you is many times just as importantas what your motivation inspires you to achieve - does yourgroup invest any of their time and energies into exploringthe values, beliefs, meanings, purposes and objectivespropelling their daily efforts?

Capacity - building upon the competencies, performances,know-how and knowledge, facts and figures and growthopportunities are critical in these days of disruptive,brutally dynamic, break-neck pace of change - how do youdevelop the capacity or potential for each of the 4 capitalasset areas?

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Human Capital Asset Enrichment Strategy - Number 3:Fully Engage the Power of Your Capital Attributes!

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

Successful leaders endeavor to fully involve thoseattributes of our human natures - they understand thatpeople are at their best when they totally engage:

- Their 5 physical senses,

- Their creative and cognitive minds,

- Their soul [their will, psychological and emotionalnatures] and spirit

- Their ability to learn new things and then innovate andapply their new knowledge to problems, challenges andsituations.

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Human Capital Asset Enrichment Strategy - Number 4:Grandly Evolve, Expand and Energize Your Resources!

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The most important thing in every organized effort is thehuman resource. There are just three rules concerning thehuman resource - it should not be under-utilized, it shouldnever be under-estimated and it must not beunder-developed.

It's really a sickness that most leaders inflict on theirgroups. 95% of all organizations violate all three of thoserules everyday - want proof?

Just look for any of the following symptoms of the diseasein your organization, base of operations or yourself:

- Unimaginative, uninspired work products or practices

- Frustrated, fearful, worried employees

- Sabotage, 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 andbroaden the scope of involvement of their people's bodies,minds, spirits and souls - nurture your people and they'llnourish your prosperity.

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Human Capital Asset Enrichment Strategy - Number 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 enrichmentof their people.

You should attempt to follow Strategy Number-5 with all thezeal, enthusiasm and love that you can muster - when you do,you will discover that literal chest of treasures thatusually lies hidden deep "In-"side your people.

You'll discover that there are numerous opportunities "In-"the resources, attributes, potential impacts and assets ofhuman beings for you to "In-"geniously, "In-"variably"In-"veigle and demonstrate your care and concern for yourpeople's welfare and advancement.

It's "In-" your best interests to work exclusively and fully"In-"volve yourself "In-" the critical activities ofcoaching, mentoring, counseling, guiding, challenging,educating, "In-"spiring and empowering your people "In-" allthat they do.

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Whether you called a leader or think of yourself as just afollower you too can enrich the human capital assets of thepeople under your care.

If you work with knowledge, perform some service orsupervise people or a process, you can use the lessonslearned in this article to add value, leverage humanresources, inspire others and develop potential.

Now that you know the strategies of human capitalappreciation, you should experiment first with your own workactivities, then try it these principles on your friends,families and associates at work - make your world a better,more enjoyable place, enrich your space today.

Author, consultant and successful leader, Jim Rohn, tells usthat, "A good objective of leadership is to help those whoare doing poorly to do well and to help those who are doingwell to do even better."

You can turn these 5 enrichment strategies into a wonderful,productive, positive and tangibly glorious reality in yourown life.

You don't need a business card to say you are a leader, yourboss doesn't have to appoint you to a position of leadershipand you don't need a badge to act like a leader.

As the famous advertisement urges us all to, "Just Do It!"

Mustard Seed Investments Inc.Copyright © 2004, All rights reserved.

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