Today’s harsh economic environment prompts the chicken and egg business question. Is it Cash or People: Are people really your most important asset?

Though presented as a point counterpoint debate, most of the advice in this interesting publication promotes the importance of the workforce. Although some views are focused on the vertical industries of retail, insurance, and life sciences, there is familiar—and broad-based—prescriptive advice that lines up with Taleo’s views and offerings, such as:

Goals Alignment
Make sure talent is laser focused on what really matters.

Strategic Recruiting
Forward-thinking organizations are opportunistically acquiring top talent.

And Career Management
Emphasize career development.

Of course, successful organizations need cash but without their people, there’d be no business to be done.