"The book contains detailed and intuitive criticism of the modern workplace andhuman capital management. It is particularly good in analysing issues that springfrom a workforce dominated by leased workers - people employed by a vendor towork at an organisation in place of regular employees." -- Financial Times".a timely study that connects present-day labor shortages to the dehumanizing irrationality of the modern workplace." -- Publishers Weekly"A thought-provoking and important study for managers or faculty and students in business and management programs." -- Library Journal"How and why are corporate jobs getting worse and worse over time? Peter Cappelli's latest book answers both these questions: corporations are pushed by accounting demands to squeeze employment costs and to rely on contractors and outsourcing to keep these costs off their books-even at the expense of HR practices supported by decades of research and experience. Our Least Important Asset is an arresting take on the source of our current employment malaise." -- Jerry Davis, University of Michigan"Human capital expert Peter Cappelli has written an important new book addressing the fundamental question of why policies that value and build human capital are not only rare in practice but increasingly implemented.

His insightful answer: financial accounting measures lead to a lose-lose situation in which companies and their employees suffer. Just as the ESG movement has broadened reporting, so the answer to improved productivity and employee wellbeing must begin in changes in accounting measures." -- Jeffrey Pfeffer, Stanford Graduate School of Business"Peter Cappelli, one of the leading scholars of workforce management, offers a compelling explanation of the decline of human resource practices like careful hiring and performance evaluation and investment in training. Corporate fixation with shareholder value maximization operationalized through financial accounting practices has turned employees from a perceived asset to a liability. Cappelli's probing analysis shows that the popular bromide of convincing corporate leaders 'to do well by doing good' is not sufficient to stem the erosion of work. That makes Our Least Important Asset a must read for those who care about the future of work and workers." -- David Weil, Brandeis University"Cappelli's book is based on decades of research and experience in human resource management. He draws on a wealth of empirical evidence and case studies to illustrate his points.

Cappelli's book is based on decades of research and experience in human resource management. He draws on a wealth of empirical evidence and case studies to illustrate his points. Highly recommended. All readership levels." -- Choice.