The document analyzes whether people are truly a company's biggest asset by examining the key factors that determine a company's profitability: income, costs, and people versus machines. It argues that while machines have predictable costs and outputs, people are different in that one person has the potential to exponentially grow a business and improve their performance over time, thereby increasing a company's income and profits to a greater degree than any machine. Therefore, the document concludes that describing people as a company's biggest asset is accurate.

1. They say “people are a company’s biggest asset!” Really???

2. Let’s put this saying to the test!

3. Input data 1: A company’s performance is assessed through PROFIT Income PROFIT costs

4. Input data 2: Generated through the exchange of company’s output (product or service) with money Income

5. Input data 2: Generated through the exchange of company’s output (product or service) with money Income Generated by: People Machines

6. Input data 2: Generated through the exchange of company’s output (product or service) with money Income Produced by: People Machines

7. Input data 3: Needed for producing company’s output (product or services) and needed for making the exchange for money costs

8. Input data 3: Needed for producing company’s output (product or services) and needed for making the exchange for money Generated by: costs People Machines

9. Input data 3: Needed for producing company’s output (product or services) and needed for making the exchange for money Generated by: costs People Machines

10. So basically the conclusion could be: In order to make profit you need PROFIT People Machines

11. Case study Let’s talk a little about the machines/technology

12. When it comes to machines/technology you know: What performance to expect (INCOME) How much it COSTS to produce the product/service How much it COSTS to run and maintain that machine/technology

13. When it comes to machines/technology you know: What performance to expect (INCOME) How much it COSTS to produce the product/service How much it COSTS to run and maintain that machine/technology And all this in very precise parameters

14. Now let’s talk about the people

15. We used to call them Human RESOURCES We used to think about them as machines, with a precise INCOME generating capacity and as machines with an obsolescence limit and limited functionality

16. But they’re not RESOURCES, They’re CAPITAL Which means that, different from machines and technology, you can grow the business with them

17. Because ONE person has the capacity to do MORE

18. Because ONE person has the capacity to do MORE And the greatest thing the capacity to do BETTER

19. Because unlike machines and technology people grow exponentially Making your business to grow exponentially Income PROFIT costs

20. They say “people are a company’s biggest asset!” Really!!!