Question

The cost to organizations of losing good employees who can't make the transition to becoming managers is ____ than the cost of providing training to help new managers cope, learn, and grow.

Answer 1

Organizations incur higher costs from losing capable employees than from training them to be efficient managers.

Step-by-step explanation:

The cost to organizations of losing good employees who can't transition to managers is higher than the cost of providing managerial training. Investing in human capital development through training not only helps new managers cope, learn, and grow, but it also secures the organization's investment in the hiring process.

It's crucial since the failure of being profitable leads firms to exit the market, causing job loss and lost investments. Thoughtful investments in human capital and continuous training can help avoid the significant costs, both financially and to the morale, that come with losing valuable employees who have the potential but lack managerial skills.