Creating Heart Capital – KnowledgeBoard January 28, 2009
Posted by Sunil Malhotra in Companies of the future, Culture, Entrepreneurship, Heart Capital©, Innovation, Leadership, Sustainable Innovation, Thought leadership, Wisdom of the leaders.Tags: Corporate social responsibility, Culture, heart capital, Human resources, Ideafarms, Innovation, KM, Knowledge Management, Passion, Society and Culture, wisdom
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When I coined the phrase “Heart Capital” a few years ago, I didn’t recognise it’s prophetic undertones. Here’s a link to the stimulating discussion we had half a decade ago. And for those who might want to read my article, here’s the pdf.
The ideas and views regain relevance with today’s ‘communities’ on the collaborative web. (2.0)
Here’s John Moore’s comment on the article I wrote in 2003.
“I love these lines in particular :
To humanise is to recognise that technology cannot replace the charm of personal contact. To humanise is to disrupt current business thinking and methods. To humanise is to add emotion. To humanise is to add fun to work and work systems.
I think the discussion about emotional environment is important; a lot of money goes into trying to create great physical spaces for work (and that’s no bad thing) but the manners and subleties of human contact deserve equal attention.
I would add that as well as being fun, the creation of real “heart capital” requires taking risks and being vulnerable. Acknowledging our true feelings feels risky in many enviroments; yet in my experience it is often a touchstone for deeper and more satisfying human engagement.”
via Creating Heart Capital – KnowledgeBoard.
Thanks John!
Here’s another excerpt from the article. :-
It is time now, to create heart capital. An exchange of feelings, emotions and culture to foster knowledge creation and sharing.
- An asset for individual growth and organizational excellence.
- A tool for sharpening the competitive edge.
- A culture for human enrichment.
- A plan to protect and propagate our common heritage.Let’s ask ourselves some questions.
Is it [not] necessary [for us] to create a new lexicon of corporate nomenclature if we want to change
traditional thinking?For example, HR is traditionally responsible for all people issues in an organization. Does this mean that other departments do not need to care about people? Is there something about the nomenclature “HR” that needs repairing? When dealing with materials, the word “resource” is probably appropriate. But Human Resource?? I thought resources were for people to use, so how appropriate is it to think of human beings as resources?
The entire business terminology needs a revamp. Human Resources should become Corporate Citizenship, Research & Development should become Knowledge Innovation, and so on. The focus is clearly shifting from efficiency to effectiveness, from sentiment to passion, from profit to value and from performance to the emotional well being of the user.
Comments and critiques welcome.
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Hello,
Walk down the memory lane ! Excellent one
I think you’re really stepping up the gear with some powerful thoughts. Keep up the work for social-benefit.
A small attempt to incite a conversation with a couple of thoughts:
Is it [not] necessary [for us] to create a new lexicon of corporate nomenclature if we want to change traditional thinking?
IMHO, it is a nice-idea to re-think about corporate nomenclature, but somebody needs to be a touch-point somewhere. It is not that people do not think about others if they’re not from HR but at the end-of-the day who is the interface/enabler/responsibility-bearer?
I guess, the above thought can be applied in the context of other support functions.
About ‘Human Resource’
To be honest, there is 100% truth in what you said. But then, skilled workers are treated as resources who’re good at doing a variety of jobs?
Just like a computer, who is good at multi-processing !
The debate is similar to natural resources v/s natural capital.
I visualize ‘Human Resource’ as a resource for all other human-beings.
[What] Resource = Reference Point
[Whom] = Human beings
I’m trying to understand your thought Daksh. My only problem is using the word “resource” in a way that equates human beings with other resources. Human ability is in any case a key “resource” for knowledge based work.
The debate really is on finding appropriate corporate nomenclature that communicates correctly to the rest of the world, and at the same time, gives due respect to people. Of course, for this to happen, we have to first understand that human beings are not simply alternatives to machines, materials, or both.
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