What If Companies Managed People as Carefully as They Manage Money?
Harvard Business Review
MAY 24, 2017
As a result of capital superabundancy, global quantitative easing and relatively low demand for investments in R&D and capital projects, the after-tax cost of borrowing for many companies is at or near inflation, making the real cost of borrowing close to zero. Time, whether measured by hours in a day or days in a career, is finite.
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