Talent Management Strategy: Are “People” Your Most Important Asset?

Avik Bhattacharya | March 26, 2020

By Avik Bhattacharya We often come across the term in organizations that People are our greatest asset, and if developed in the right manner, can be our defining competitive advantage. However, this is not the case. Companies and organizations across all sizes, industries, and sectors invest a significant amount of time and resources to hire, motivate, train, retain, and eventually let-go employees. Glassdoor estimates an average company in the United States spends about $4,000 to hire a new employee, taking up to 52 days to fill a position. Once an employee joins your company, MIT Sloan suggests it takes them 8 to 26 weeks to achiev...