As the title would suggest, research points to a direct correlation between a company's financial success and its commitment to management practices that treat people as assets. In addition, several studies and further research were presented that would build an irrefutable business case that the culture and capabilities of an organization, derived from the way it manages its people, are the real and enduring sources of competitive advantage.
Organizations tend to destroy competence.
Managers don't delegate enough. Perverse norms about what constitutes good management. A one in eight chance. Each of the ideas that are bulleted is expanded upon in the article. Numerous examples of achieving competitive success through people are cited throughout the article, as well.