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Resource And Asset Ban

Stocks and bonds are assets; water and iron ore are resources. Assets and resources are “its“. People are not resources and they’re not assets and they’re not “its“. Get it? So, stop parroting your moo-herd peers if you want to distinguish yourself from the pack like you say you do.

Hitherto, the unesteemed BD00 proposes a federal law (Phil, if your reading this, the last two words are fer you 🙂 ) that will ban all orgs from using the MBA-inspired, utterly unauthentic, and Taylor-esque words “resource” and “asset” when their PR spinners and glossy annual report writers refer to their “people“.

Referring to people as assets is a vestige of the so-yesterday theory X management mindset that is so ingrained in the psyches of both SCOLs and DICs everywhere that this standard practice remains unexamined even today by most orgs. So, please consider replacing the phrases on the left with those on the right:

  • Deploy our assets -> deploy our people
  • Utilize our resources -> utilize our people
  • Allocate some resources -> allocate some people, time, and money
  • People are our greatest asset -> People are our greatest strength

You may think that BD00 is being anal when he brings up such minutia, and that’s OK. BD00 thinks that the little things matter, and this is one of those little things that matter. What little things matter to you?

  1. February 22, 2012 at 5:58 am

    I love it! So often we hear companies and governments talking about people as economic units!

    • February 22, 2012 at 7:09 am

      Maybe this best practice” will stop some day?

  2. February 22, 2012 at 6:17 am

    Here! here!

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