Companies should rethink the business‑critical roles of the future rather than cutting management development. As work becomes more technology‑enabled, organizations need to identify the skills that will matter most and build them through reskilling today’s workforce while recruiting selectively. Since many roles are hard and costly to fill externally, investing in employee development helps close capability gaps. Upgrading HR technology, including AI and people analytics, can improve recruitment, deployment, development, and retention at lower cost. As work becomes more virtual, companies must also help employees engage effectively with technology through coordinated, people‑focused approaches.

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