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Human capital will go where it is wanted, and it will stay where it is well treated. It cannot be driven; it can only be attracted.
Walter Wriston
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Interpretation

What this quote means

This quote emphasizes the significance of treating people well to attract and retain talent.

Walter Wriston highlights the idea that talented individuals, or 'human capital', are drawn to environments where they feel valued and respected. Unlike resources that can be forced into place, skilled individuals seek and remain in places that appreciate their efforts and contributions, which emphasizes the necessity of positive treatment in leadership and management.

Themes

Human CapitalAttractionTreatmentTalentLeadership

In practice

Example use cases

In a business seminar discussing employee retention strategies.

More from Walter Wriston

The information revolution has changed people's perception of wealth. We originally said that land was wealth. Then we thought it was industrial production. Now we realize it's intellectual capital. The market is showing us that intellectual capital is far more important that money. This is a major change in the way the world works. the same thing that happened to the farmers during the Industrial Revolution is now happening to people in industry as we move into the information age.
Walter WristonRead

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Quote by Walter Wriston | QuoteProject