For the past 20 years, I’ve taught aspiring young business leaders at Stanford University’s Graduate School of Business. These ambitious future leaders – drawn from every race, religion, ethnicity and nationality -- spend two years in Palo Alto...
Here's my question about this "people" philosophy? Why do so many executives and CEOs give "lip service to the idea of "people are our greatest asset?" when the reality is that in most companies people are treated as expendable things.
Very few companies invest heavily in the acquisition and retention of top talent at all levels in the organization. Few managers are excited about the idea of interviewing and adding to their teams. There is very little training done to teach managers and executives how to hire and retain great employees.
Finally, very few bonus plans include specific elements for the ability to recruit and hire great performers. If people are not measured and rewarded, and there is no consequences for doing it poorly - why should managers and executives care about hiring and retention?
Barry Deutsch
Via Metta Solutions, AlGonzalezinfo