Strategy
3-5 minutes

Capital Account & People <> Scorecard & Thermometer

Whats more important in your business: Money or people?
Written by
Roy Keely
Published on
September 6, 2024

When it comes to your capital account and your team, it’s a classic chicken-and-egg scenario. As a leader, you need to focus on both: capital to fund your vision and your people, who make that vision a reality. While your capital account shows where you’ve been, your team is the best gauge of where you’re going. Capital can be deceptive—it’s a lagging indicator of past efforts. Your team, however, is the real pulse of your future success.

What about your customers? Of course, they matter—but if your people are happy, your customers will be too. Both your bank account and Net Promoter Score are backward-looking. Your team’s morale is the most reliable predictor of future success.

Get insights to your inbox

No spam. Just the latest releases and tips, interesting articles, and exclusive interviews in your inbox every week.
Read about our privacy policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.