Question

Prahalad and Hamel (1990)are of the view that general managerial epithet, "people are our greatest asset''is a tired cliche. how true is this

Answer 1

This is a true statement that " people are our greatest asset " is a tired cliche.

Nowadays organisation have more faith on their technology, infrastructure and investments.

Performance Bonuses are the only way in which organisations reward their employees, instead of taking care of their welfare.

Some of the businesses have stopped giving bonuses as well.