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Wharton’s Peter Cappelli on changing the talent equation

HBS Managing the Future of Work

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Challenges in Valuing and Nurturing Talent

Exploring the disconnect between prioritizing talent acquisition over internal development, this chapter delves into the reluctance of companies to invest in training employees, leading to a shortage of skilled individuals. It critiques financial accounting practices for undervaluing human assets and emphasizes the need for CEOs to balance short-term gains with long-term organizational effectiveness in addressing turnover costs and HR challenges.

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