Companies should opt out of the “talent war”

The “talent war” involves companies spending colossal sums to hire away from each other, but it doesn’t have to be that way, says management professor Peter Cappelli. Rather than getting into bidding wars, firms should put more resources into internal talent development, Cappelli says. “As a company, you make the decision not to grow your own talent and to hire it from somebody else. If everybody does that, it gets harder to do,” he says.

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