Standard Chartered will be getting rid of lower value human capital. But who is this exactly? And what is human capital? And what is value?
If you’re asking it’s probably you
Um, the thing is, and I’m terribly sorry about this, but I’m afraid if you’ve got to ask, you’re not really the right sort of chap.
They obviously won’t say… but it’s most likely that it means process-driven people. Those whose jobs are to do as they’re told or follow a strict process rather than a role where you can impact the direction of the company with your decisions.
I believe I should be given a goat symbol for making this observation
Value is energy and focus to get things done, which is exchanged with money.
I guess lower value human capital are the ones who are part of not so important projects in SC. or it can be the ones who refuse to be tameable like robots at work or who speak up ideas about their ways. Or can per non -performers .wild guess . I mean all do the work that is at hand as job openings are so scarce.
Btw whoever coined this phrase “lower value human capital” is a horrible person . What a empathy-less phrase.
It’s a bit on the nose, isn’t it? Says a lot about how they view their employees…
There are two kinds of people in the world; PNEUMATICS like Standard Chartered CEO Bill Winters and HYLICS like the people offended by his comments!
A bold statement that can only be understood with reference to Wikipedia
There are Psychics too ![]()
And psychos, apparently!