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The Case for Investing More in People

Harvard Business Review

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. At the other end of the size spectrum, Walmart has committed to investing $2.7 Our careless treatment of time represents a shocking level of underinvestment in human capital.