It is easily forgotten that a firm is far more than just the sum of
its employees. Indeed, the
success of a company is the result of the
contributions of all of its assets. These assets, tangible and
intangible, consist of e.g. its existing stored information and experience, the efficiency of its organisation, its
connections with government and the local community, its established
processes, its IT systems, its intellectual property (including the brand),
its material resources (including inventory), its land and real estate,
and, of course, its human capital.
