Veit Geise argues that companies need strong talent pipelines to succeed. Attracting and retaining people matters, but developing them is key, especially their soft skills and emotional intelligence. Without both product innovation and the right people, a company has no market relevance.
The first thing I think, develop your talent pipeline. I think that's super important. If you don't have the right talent, you, you, you can't do anything of what you want to do. So attracting talent, retaining talent, developing talent, that's, that's super important, especially on the soft side, on the soft skills, on the EQ side rather than the hard skills. So this is, this is the part where we need to spend, and we as a company spend a lot of time in developing our talent pipeline. Besides that, it's innovative product. Product is king. If you don't have the right product, you have no reason to be in the market. So you need to continuously innovate your product, and as you're innovating product, you need to innovate your processes.
