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  • Our Least Important Asset: Why the Relentless Focus on Finance and Accounting is Bad for Business and Employees

    Our Least Important Asset by Cappelli, Peter;

    Why the Relentless Focus on Finance and Accounting is Bad for Business and Employees

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    Beszerezhetőség

    Becsült beszerzési idő: Várható beérkezés: 2026. január vége.
    A Prosperónál jelenleg nincsen raktáron.

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    A termék adatai:

    • Kiadó OUP USA
    • Megjelenés dátuma 2023. december 18.

    • ISBN 9780197629802
    • Kötéstípus Keménykötés
    • Terjedelem240 oldal
    • Méret 236x165x24 mm
    • Súly 481 g
    • Nyelv angol
    • 521

    Kategóriák

    Rövid leírás:

    Why have jobs gotten so much worse? In Our Least Important Asset, Peter Cappelli argues that as financial accounting has become the guide for determining the success of companies, its inability to assess the reality of employment creates distortions and a short-sighted approach to management. In the process, employers undercut decades of evidence about what works to improve the quality, productivity, and creativity of workers. Drawing on decades of experience and research, Cappelli provides a comprehensive and insightful critique of the modern workplace, where the gaps in financial accounting make things worse for everyone, from employees to investors.

    Több

    Hosszú leírás:

    A comprehensive and insightful look at the modern workplace and how employees are managed, where the new approach is driven by the quirks of financial accounting to the detriment of employees and the long-term success of the organization.

    Real wages have stagnated or declined for most workers, job insecurity has increased, and retirement income is uncertain. Hours of work for white collar employees have increased steadily, opportunities for advancement have withered, and evidence of the negative effects of workplace stress on health continues to accumulate. Why have jobs gotten so much worse?

    As Peter Cappelli argues, these issues are not a result of companies trying to be cost effective. They stem from the logic of financial accounting--the arbiter for determining whether a company is maximizing shareholder value--and its fundamental flaws in dealing with human capital. Financial accounting views employee costs as fixed costs that cannot be reduced and fails to account for the costs of bad employees and poor management. The simple goal of today's executives is to drive down employment costs, even if it raises costs elsewhere.

    In Our Least Important Asset, Cappelli argues that the financial accounting problem explains many puzzling practices in contemporary management--employers' emphasis on costs per hire over the quality of hires, the replacement of regular employees with "leased" workers, the shift to unlimited vacations, and the transition of hiring responsibilities from professional recruiters to more expensive line managers. In the process, employers undercut all the evidence about what works to improve the quality, productivity, and creativity of workers. Drawing on decades of experience and research, Cappelli provides a comprehensive and insightful critique of the modern workplace where the gaps in financial accounting make things worse for everyone, from employees to investors.

    ...a timely study that connects present-day labor shortages to the dehumanizing irrationality of the modern workplace.

    Több

    Tartalomjegyzék:

    Preface
    Introduction: The New Model and How We Got Here
    Employment Practices Are Choices
    Beyond Financial Accounting: What Drives Leaders
    Hiring
    The Rise of a New Industry and the Liquid Workforce
    How Work Gets Done
    The Impact on Employees
    Final Thoughts
    Notes
    Index

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