TRIPLE III TIME: Personnel “Asset Allocation”

Most times when people discuss and/or review their asset allocations…their focus is on cash, savings accounts, stocks, bonds and other money driven options.  But when you are working on strategies to grow or diversity your business or organization… it is most necessary to take a strong look at your Personnel “Asset Allocation”. 

Employees are always considered one of an entity’s GREATEST assets.  It just makes sense… right??  Good, confident, dedicated workers can make the difference between stable productivity and potential excellent return-on-investment.  This potential is true both in the public and private employment sectors.  Determining if certain people are in the “right job” or would a position redesign/job change be a better employee action…is all part of correctly allocating your personnel assets.   

Today, I am not sure if business or organization leaders take enough time to review and consider creative options in obtaining the best Personnel “Asset Allocation” situation!   

Personnel assets impact costs related to salaries, insurance, space, equipment, travel and professional development.  These operational costs are often the greatest factors in a company’s day-to-day function and performance/profit.  So it is logically critical to not ignore taking the most appropriate time necessary to ensure all personnel are progressively striving and achieving high level productivity in the workplace. 

Bottomline:  Don’t view the Personnel “Asset Allocation” responsibility with a:  (1) we have always done it this way, or (2) it would be real confusing to try something different, or (3) what if it makes things worse… so let’s ignore it and maybe it will improve on its own… plan-of-action strategy!!  Instead strategize collaboratively with other co-workers periodically and review personnel matters in a comprehensive and individual manner so all of the best opportunities come your way. 

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About Inspiring Innovations, Inc.

Marv Pichla is currently the owner and Creative Advisor for his own small business, Inspiring Innovations, Inc. Sharing his unique experience with entrepreneurship and innovation in public service, Marv consults with public and private business, education, and community organizations to develop new and different problem solving methods through real-life example-based learning. Prior to starting-up Inspiring Innovations, Inc. Marv served as Executive Director for Thumb Area Michigan Works! As Executive Director, Marv used public sector innovation as his guide for the organizations regional career development, employment service, education and strategic planning initiatives. Finally, Marv was raised on a farm in the Thumb Area of Michigan where he claims he received the education principles he values most. However, he obtained his Bachelors and Masters Degrees from Center Michigan University in Public Administration and eventually his Ph.D. from Capella University in Minnesota. Marv can be reached at: mpichla@inspiringinnovationsllc.com

Posted on December 19, 2025, in LEADERSHIP - ALWAYS!. Bookmark the permalink. Leave a comment.

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