Effective Human Capital Is a Benefit to Any Organization

question 5

Essay

Effective human capital is a benefit to any organization.What are some challenges firms face when attempting to attract and develop top talent?

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Definitions:

Diffusion Of Responsibility

A socio-psychological phenomenon where individuals in a group are less likely to take action or feel responsible when others are present.

Risky Shift

The phenomenon where groups make riskier decisions than individuals would, due to the diffusion of responsibility and other factors.

Decision Polarization

The phenomenon where a group's decisions become more extreme than the individual members' initial positions, often after a discussion or deliberation process.

Deindividuation

A psychological state in which an individual loses self-awareness and self-restraint, often in group settings.