When resources are limited and it's difficult to hire experienced professionals due to their high costs, an alternative strategy is to recruit young individuals who possess potential and promise but lack extensive experience. These young hires may be more affordable and eager to prove themselves, making them valuable additions to a team.
The quote suggests that investing in the future by nurturing talent can yield significant returns over time. Young people bring fresh ideas, innovative thinking, and adaptability to new challenges, which are critical assets for organizations seeking growth and transformation. Moreover, hiring young individuals often allows companies to mold their skills and professional development according to specific needs, fostering a culture of continuous learning and improvement.
Geraldine Stutz is the founder of Saks Fifth Avenue's Personal Shopping Service and an influential figure in the world of retail. Her insights into business and management have inspired many professionals across various industries. The quote reflects her belief in identifying potential and nurturing it over time to achieve long-term success.
