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Pages:
1 page/≈275 words
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Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
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Date:
Total cost:
$ 2.5
Topic:
Short-Term Business Goals Over Long-Term Talent Planning
Instructions:
Certain companies tend to prioritize short-term business goals over long-term talent planning, which is known as replacement planning. This approach involves fulfilling immediate talent requirements while neglecting future talent management. Such a strategy is usually influenced by a CEO who is either excessively focused on quarterly results or lacks the ability to think in the long run.
Content:
Long-Term vs. Short-Term Perspective
Business cycles appear to be shortening over time, quarterly financial reports appear to be morphing into monthly reports, executives are reallocating financial resources to meet immediate balance sheet needs, and a CEO's survival appears to be dependent more and more on quarter-to-quarter performance. Although this is happening, talent system
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