Are people always an organizations most valuable asset?  Why or why not?  Name other strategic or valuable assets of organizations.   How do they compare?  Explain.

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Ashley Kannan eNotes educator | Certified Educator

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A case can be made using statistics that different elements constitute an organization's most valuable asset.  I would suggest that people are the most valuable asset in an organization.  All organizations depend on people being able to execute message, deliver on end performance, and chart a course for an organization's future. People become the most valuable asset in an organization.

The human resource in an organization consists of people who help to create the conditions of success or failure. Employees who are not valued can leave an organization.  There are significant realities for organizations that must acknowledge turnover or constant departure of employees.  From a financial standpoint, turnover hurts organizations: "It costs businesses about one-fifth of a worker’s salary to replace that worker."  Ensuring that skilled workers remain with an organization provides long- term financial assistance to an organization, helping to sustain organizational success and...

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