A treasure too valuable to waste

Abstract

PurposeReviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studiesDesign/methodology/approachA review prepared by an independent writer who provides context and commentary.FindingsIn the Twenty‐first century the business environment has become extremely competitive and continuous improvement is no longer an option; it has become a necessity. One area where organizations of any size can create changes is in their utilization of human resources. People are a company's greatest asset. Changing outdated structures and even more archaic attitudes can help to attract, motivate and retain the employees who have the vision, skills and determination to adapt to a constantly changing world. Assessing potential when appointing or promoting staff; creating flexible organizational structures which will help all employees to achieve a better work‐life balance; recognition of women's different career trajectories and developing intrinsic motivation in employees are all ways in which organizations can find and hold onto the treasure of human resources.Practical implicationsProvides strategic insights and practical thinking that have influenced some of the world's leading organizationsOriginality/valueThe briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.