HUMAN CAPITAL AS AN ASSET: PAGE 4 AN ACCOUNTING FRAMEWORK FOR THE NEW WORLD OF WORK INTRODUCTION The coronavirus pandemic is a defining moment for leaders as they reset the workforce, restore stability and strive to achieve growth in a sustainable manner that benefits all stakeholders. Actions to protect, preserve and sustain human capital value will be important for an organization’s reputation and ability to chart a resilient path forward. The crisis, with its highly disruptive effects on people and work, also presents an opportunity to take bold measures to shape a workforce ready to deliver value to the organization, and to economy and society at large, as it navigates new realities. At this pivotal moment, organizations should seek to work towards a more holistic approach to valuing the workforce and the return on human capital investment.