Fink makes the case that instead of returning cash to shareholders, companies should be spending far more of their hoarded profits on improving the skills of their workers. “In order to fully reap the benefits of a changing economy—and sustain growth over the long-term—businesses will need to increase the earnings potential of the workers who drive returns, helping the employee who once operated a machine learn to program it,” he writes. They “must improve their capacity for internal training and education to compete for talent in today’s economy and fulfill their responsibilities to their
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