Are you a stock or a bond?

I came across this interesting blog post from Jonathan Chevreau at the Financial Post.  Apparently it comes from a book by Dr. Moshe Milevsky, a finance professor at York University’s Schulich School of Business. Sounds like it would be worth a read.

Jonathan says -

For young people just starting out, their Human Capital is huge (think hockey star Sydney Crosby) and life is a matter of gradually converting that human capital into financial capital. In that respect, the ScotiaBank marketing theme "you're richer than you think" is actually quite accurate.

Older people have spent half a lifetime or more using up their human capital and (hopefully) converting it into a nest egg they can live on once they no longer are able to, or wish to, work.

While Jonathan talks about individuals being stocks or bonds and the implications for personal investing, I wonder if there aren't a few lessons here for organizations.

Does your organization know which individuals are stocks (high risk, high return) vs. bonds (low risk, lower return).  Do you manage these assets/types of financial capital differently?  What might your talent management program look like if you did?