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

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

41. less formal qualifications

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

85. Manage your people

87. For the full story on “ When Barry met Sammy”, please go to: http://www.peoplestreme.biz/when_barry_met_sammy.shtml