When Barry Met Sammy
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This story was written by Lyle Potgieter to show how Human Capital systems are lagging. Barry is a chair. Sammy is a Marketing Manager. Both joins the organization at the same time but are treated differently... For full story go to http://www.peoplestreme.biz/when_barry_met_sammy.shtml
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When Barry Met Sammy
- 1. When Barry met Sammy
- 2. meet barry
- 3. Barry joined the organization in 2001 …
- 4. meet sammy
- 5. Sammy joined as Marketing Manager also in 2001 …
- 6. Barry cost $782 …
- 8. Sammy costs the organization $189,742 per annum
- 9. Barry came with…
- 11. … that was scanned and attached to the depreciation schedule
- 12. Sammy came with…
- 14. … that was lost after she was hired
- 15. Each year the accountants value …
- 17. Each year Sammy’s value …
- 19. But this increase is not recorded anywhere .
- 20. Upgrade After 5 years …
- 21. AGAIN this upgrade cost is noted in the depreciation schedule
- 22. Master Degree in Digital Design considered one of the Best Talent in the sector After 5 years …
- 23. AGAIN her new skills are not listed neither is the cost of study
- 24. Each year, the CEO formulates a strategy
- 25. Barry does not know his part of the strategy
- 26. neither does Sammy
- 27. Both keep doing their jobs hoping they are aligned to the strategy
- 28. Barry does a great job
- 29. Clients comment on how successful the company must be to have such a nice Regional Board Room
- 30. Everyone is proud of Barry and the Board Room
- 31. Sammy develops the best Digital Campaign the organization ever had
- 32. Sales increase by 40%
- 33. She feels good about this but…
- 34. No-one gives her credit for her work
- 35. Barry gets a promotion
- 36. He is to represent the organization in its head office board room
- 37. Sammy is not aware of a vacant position for…
- 39. She hears about the role after it has just been offered to a person with …
- 40. less experience
- 42. and knows nothing about the organization
- 43. … as he was appointed from outside the organization
- 44. Sammy gets frustrated … … and request a meeting with HR President
- 45. The meeting is booked here
- 46. As Sammy enters the board room, she meets a young accountant who has just finished valuing Barry
- 47. The accountant introduces Sammy to Barry… … as she explains that Barry is one of the organization’s most valued assets
- 48. The accountant has a lengthy record of Barry’s performance over the years…
- 49. Barry’s Net Value to the organization,
- 50. locations Barry has served,
- 51. and net cost to the organization
- 52. Barry has cost the organization $703.80
- 53. Sammy has cost the organization +$2,000,000
- 54. … and has made the company 10 x 2,000,000 = $20,000,000
- 55. … but this is not recorded anywhere.
- 56. As the president of HR walks in, Sammy asks him…
- 57. “ Do you know what I do for the company?”
- 58. “ Do you know how much you have invested in me ?”
- 59. “ Do you know what I can do for the company?”
- 60. “ Don’t be like that, you are one of our most valued assets .”
- 61. In that moment, Sammy knows that the organization knows more about a chair than about her
- 62. She knows the organization has spent more time …
- 63. Valuing
- 64. Developing
- 65. Recording
- 66. … capabilities of a chair than they have with her.
- 67. What does this mean
- 68. In most organizations , Human Capital management processes are still in the Industrial Age where …
- 69. … people are viewed as a cost rather than an asset .
- 70. Most organizations cannot find talent within,…
- 71. … leaving existing employees feeling a distinct lack of appreciation .
- 72. Most organizations don’t inventory their employees capabilities and skills , therefore…
- 73. … roles are filled externally .
- 74. Most organizations have more information on their board room chairs than their senior executives
- 75. Sad but True .
- 76. Financial systems are mature ,
- 77. Human Capital systems in their infancy .
- 78. Reporting systems are based on Industrial Age thinking …
- 79. Information Age thinking is about people not dead Assets – sorry Barry
- 80. Barry met Sammy …
- 81. but that’s where it ended, just like most careers with companies that can’t adapt to change .
- 82. Come to the Information Age of Human Capital -
- 83. Find your people
- 84. Know your people
- 87. For the full story on “ When Barry met Sammy”, please go to: http://www.peoplestreme.biz/when_barry_met_sammy.shtml