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Leaders at large companies say they face greater barriers to buy-in for new talent initiatives

  • Large companies face greater barriers to buy-in for new talent initiatives compared to smaller companies.
  • Challenges include low employee engagement, uncertainty in measuring effectiveness, and disruption to current workflows.
  • Despite the challenges, 73% of private companies plan to increase their investment in talent development.
  • Strategies such as reverse mentoring, AI training, and apprenticeship programs are being adopted to address skills gaps and enhance employee development.

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