AI-generated summary
FTF expert Jason Wingard emphasizes that the primary concern for CEOs today is securing the best talent. He highlights two distinct corporate strategies through examples of Google and Amazon. Google adopts an open organizational model, outsourcing about 50% of its talent, leveraging external expertise to drive innovation. In contrast, Amazon focuses on consolidating talent internally by continuously hiring top performers and heavily investing in employee development, dedicating over $1.2 billion to continuous learning and reskilling programs.
Wingard argues that these approaches reflect new forms of organization and leadership, where the purpose of corporations extends beyond profits to include innovation and smart use of technology to attract and retain top talent. He firmly states that companies must commit to one of these strategies—either outsource or in-house talent development—to truly excel. Trying to implement both simultaneously, he concludes, will not lead to the best outcomes. This perspective underscores the evolving landscape of corporate leadership and organizational design in the quest to maintain a competitive edge through human capital.
To adapt to the challenge of the future of work, corporations must redesign their organization and create new workspaces.
New forms of organization and leadership, purpose of corporations, innovation, smart use of technology to attract and retain the absolute best talent.
Jason Wingard
This is how emphatic FTF expert Jason Wingard is, stating that the main concern of CEOs is to have the best talent. Jason shared the cases of corporations like Google and Amazon, the two possible approaches: Google is committed to an open model where 50% of its talent is outsourced. Amazon is committed to consolidating talent in-house, continuing to hire the best and investing in continuous learning and reskilling. In fact, it will allocate over $1.2 billion to this.
Could both approaches be implemented at the same time? Jason is conclusive—if you want to be the best, you have to choose one way or another.
Provost of Temple University