The Power of Talent Density in Business Success
Why talent density is crucial to long-term business success 🔗
The concept of talent density, which refers to the concentration of high-performing individuals within an organization, is crucial for long-term business success. Companies like Netflix have championed this strategy, ensuring that every team member is a key contributor to the company's success. Implementing talent density involves selective hiring, performance recognition, and swift action to maintain cultural fit and high standards. Paying exceptional people well and hiring fewer, but exceptional, individuals can lead to increased productivity and lower overall costs.