Protect Your Most Valuable Asset: You Mind
In a recent CBS business blog writer Margaret Heffernan highlights the value of business assets, especially in service industries. Heffernan writes that manufacturing industries have many tangible assets such as factories, equipment and warehouses. But in service industries, such as personal training, the minds and creativity of a business's employees is what is most valuable.
In this hard economic time it is service industry businesses that must protect and nurture those assets. According to Heffernan, the quality of service diminishes during recessions because employees are working too many hours, under extreme pressure. Her solution? de-clutter your life and focus and quality services and production. She says this will only come when you put down the cell phone and tackle one task at a time.
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