Human Capital and the Company that it Drives/Drives It

Thursday, 06/11/2014 | 00:01 GMT by Karl Montevirgen
  • The division of labor articulates both a balance and tension between process and a workforce’s activation of that process.
Human Capital and the Company that it Drives/Drives It
Photo: Bloomberg

The division of labor articulates both a balance and tension between process and a workforce’s activation of that process. For a company looking to embed divergent approaches into its operational structure, perhaps a critical assessment not only of complex operational details but of basic assumptions about process and workforce, in general, might be a way to start.

Assessing a company’s underlying assumptions will often lead to a number of basic but important questions that may reveal the level of convergence/divergence that a company is capable of managing: who are we hiring and why; how do we know that our candidate assessment procedures match what we are trying to accomplish; how are we developing our workforce in a manner that adds value not only to our company but to each individual; do we truly know what each individual is capable of producing, or are they limited according to role classifications; are the individuals in our workforce in their appropriate roles, or are their interests and productive potential shifting toward other roles; are their skills better suited to reinforce current projects, or better suited to create and explore new lines of development; how can individuals at every level help us better monitor the slightest changes in the industry; is each departmental task restricting workforce potential, or do our procedures have a built-in capacity to be shaped by the workforce?

In conclusion, another important thinker who preceded Adam Smith by over a century, Baruch Spinoza, stated in his Ethics that amidst so much talk about the preeminence of mind (or soul) over body, that we do not even know what a body is fully capable of doing. Bringing this statement to our current topic and context, perhaps companies should take this statement in the form of a question: what multiple elements constitute the organizational body, and what is that body truly capable of accomplishing?

The division of labor articulates both a balance and tension between process and a workforce’s activation of that process. For a company looking to embed divergent approaches into its operational structure, perhaps a critical assessment not only of complex operational details but of basic assumptions about process and workforce, in general, might be a way to start.

Assessing a company’s underlying assumptions will often lead to a number of basic but important questions that may reveal the level of convergence/divergence that a company is capable of managing: who are we hiring and why; how do we know that our candidate assessment procedures match what we are trying to accomplish; how are we developing our workforce in a manner that adds value not only to our company but to each individual; do we truly know what each individual is capable of producing, or are they limited according to role classifications; are the individuals in our workforce in their appropriate roles, or are their interests and productive potential shifting toward other roles; are their skills better suited to reinforce current projects, or better suited to create and explore new lines of development; how can individuals at every level help us better monitor the slightest changes in the industry; is each departmental task restricting workforce potential, or do our procedures have a built-in capacity to be shaped by the workforce?

In conclusion, another important thinker who preceded Adam Smith by over a century, Baruch Spinoza, stated in his Ethics that amidst so much talk about the preeminence of mind (or soul) over body, that we do not even know what a body is fully capable of doing. Bringing this statement to our current topic and context, perhaps companies should take this statement in the form of a question: what multiple elements constitute the organizational body, and what is that body truly capable of accomplishing?

About the Author: Karl Montevirgen
Karl Montevirgen
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Karl Montevirgen is an independent consultant and executive recruiter specializing in the FX markets. A founding member and former Chief Strategy Officer for GPFX Consultants, he now brings his extensive background in foreign exchange, assessment methodologies, and strategic planning into focus as an independent practitioner. Karl Montevirgen is an independent consultant and executive recruiter specializing in the FX markets. A founding member and former Chief Strategy Officer for GPFX Consultants, he now brings his extensive background in foreign exchange, assessment methodologies, and strategic planning into focus as an independent practitioner.

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