The "talent war" involves companies spending colossal sums to hire away from each another, but it doesn't have to be that way, says management professor Peter Cappelli. Rather than getting into bidding wars, firms should put more resources into internal talent development, Cappelli argues. "As a company, you make the decision not to grow your own talent and to hire it from somebody else. If everybody does that, it gets harder to do," he says.
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