Companies often say talent is their most important asset, and yet human capital is neither recorded on balance sheets nor required in financial statements. This failure to capture the value of human capital risks systematic underinvestment in the people that make companies tick. So, what is to be done?

Companies often say talent is their most important asset, and yet human capital is neither recorded on balance sheets nor required in financial statements. This failure to capture the value of human capital risks systematic underinvestment in the people that make companies tick. So, what is to be done?