... this study. Firstly, attending my lecturers and seminars will allow me to absorb the core information - but it will be my responsibility to expand on this. Therefore, I will be using a wide variety of journals, books and web sites. WHY EMPLOYEES ARE ASSETS AND NOT JUST COSTS? An organisation contains a range of productive resources, such as tangible assets (buildings, facilities, equipment, property), and intangible assets (like brand, image, human skills, information and knowledge, people). Resources are managed to achieve particular purposes, results and outcomes. They embody distinctive capabilities that allow organisations to stay in existence and achieve competitive advantage. The management of these resources is an essential management task. Employees can make or break a business. Good employees can produce extraordinary results while marginal employees can drag and keep business down. Yet many employers vastly underrate the importance of employees. Traditionally, people have been treated as a cost. Firms ...

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