Improve Employee Engagement | Wharton Prof. Peter Cappelli — the Ripple Effect Podcast
Episode Description
EPISODE OVERVIEW In the complex world of financial accounting, employees aren’t counted as corporate assets. Wharton’s Peter Cappelli explains why that’s a mistake.
Topics and questions covered: 00:00 - Introductions 01:27 - Understanding financial accounting 05:01 - Investor strategies: past vs. present 08:25 - Company hiring approaches 11:23 - Discussing Prof. Cappelli’s book 14:40 - Modern CEOs vs. past CEOs 18:14 - Understanding investor incentives 21:47 - Impact of inexperienced C-Suite professionals
PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research — but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.
Learn more at http://whr.tn/rippleeffect.
#employeeengagement #humancapital #humanresources #HR #hiring #layoffs ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.
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Brief Summary
Peter Cappelli discusses the discrepancies in financial accounting regarding human capital and its implications for companies.
Key points
- The Ripple Effect Podcast. Join host Dan Loney as he explores groundbreaking research from Wharton professors.
- The Shift in Corporate Goals. How the rise of shareholder value has changed corporate priorities.
- Financial Accounting vs. Human Capital. A deep dive into how financial accounting undervalues human capital.
- The Ripple Effect. The ripple effect of employee turnover impacts managers and the bottom line.
- The Challenge for CEOs. CEOs face immense pressure and often lack the necessary insights about employee turnover.
- Engagement vs. Software. Engaging employees in decision-making leads to better outcomes than relying solely on software.
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Episode highlights
- The Ripple Effect PodcastJoin host Dan Loney as he explores groundbreaking research from Wharton professors.“Get ready to dive into new ideas with the ripple effect.”0:50Jul 25, 2023
- The Shift in Corporate GoalsHow the rise of shareholder value has changed corporate priorities.“The goal of companies was explicitly to balance the interests of stakeholders.”3:33Jul 25, 2023
- Financial Accounting vs. Human CapitalA deep dive into how financial accounting undervalues human capital.“The value of the employee really has a significant strength towards the company’s bottom line.”7:12Jul 25, 2023
- The Ripple EffectThe ripple effect of employee turnover impacts managers and the bottom line.“There is a ripple effect that plays out here.”20:49Jul 25, 2023
- The Challenge for CEOsCEOs face immense pressure and often lack the necessary insights about employee turnover.“CEOs have a really difficult job and they can’t know everything.”22:11Jul 25, 2023
- Engagement vs. SoftwareEngaging employees in decision-making leads to better outcomes than relying solely on software.“Engaging employees in decisions makes much better outcomes.”24:19Jul 25, 2023
