November 2017 Fast Company Magazine
How To Fix The Biggest Lie In Corporate America
“R. Paul Herman, CEO of HIP Investor, a firm that rates the human, social, and environmental impacts—and their links to profit—of more than 6,500 global companies, wants to fix that.
This week, at the Sustainable Brands New Metrics conference in Philadelphia, Herman will again raise a question that he’s been asking for many years now: Why aren’t investments in employees counted as assets on the balance sheet? In fact, if you put money into upgrading your workers’ skills, that’s recorded as an expense on the income statement.
“We need to shift from seeing people as a cost center to seeing them as a value center,” Herman says.”
Read the full article HERE