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Employee Development Outperforms 'Fire and Hire' in Boosting Firm Performance
This article analyzes the cost-effectiveness of two talent management strategies: replacing low-performing employees versus investing in employee development, concluding that employee development yields higher returns with lower risk and offering a case study of 3M.
Employee Development Outperforms 'Fire and Hire' in Boosting Firm Performance
This article analyzes the cost-effectiveness of two talent management strategies: replacing low-performing employees versus investing in employee development, concluding that employee development yields higher returns with lower risk and offering a case study of 3M.
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