The Talent Equation: Big Data Lessons for Navigating the Skills Gap and Building a Competitive Workforce

Conclusion:Investing in the Most Important Asset

An organization’s most important asset is its people. While most business leaders would agree wholeheartedly with that sentiment, it’s more difficult to determine whether or not they back it up in practice. One way of telling is by paying attention to how businesses define their workforce. Is labor merely a cost of doing business? Or is labor an investment with appreciating returns? Companies that genuinely view employees as investments will be better prepared to attract, develop, and retain the best talent.

Most importantly, such a vision is integral to achieving a company’s bottom-line goals. In the knowledge economy, the depth and uniqueness of an individual’s skills and strategic thinking are ...