How many times have you heard the gut wrenching phrase “Our Employees are our Greatest Asset”? From annual all employee meetings, to company-wide memos, the over-used phrase is out of touch.
While you could split hairs between the definitions of the two, here are a few key differences:
While there is some meaningful recognition behind employees being referred to as “our greatest asset”, the bottom line is most assets on a balance sheet depreciate over time, and investments will grow over time.
What other phrases are over-used?