I believe managers (not employees) still should be ultimately held accountable for creating such an environment by making sure employees are: a) assigned tasks, projects, and responsibilities that they are good at; b) provided with adequate decision-making authority, IT support, and streamlined processes to capitalize on their strengths; c) encouraged and challenged to accurately understand what their strengths and weaknesses really are rather than basing their understanding on an inflated confidence in their capabilities (as argued by Buckingham, potential problems of Generation Y); and d) stretched to go beyond their comfort zone and what they are currently good at (avoid overcapitalizing
on their current strengths).
He advised retailers and labs to look for ways to expand services without overcapitalizing
. "Take what you have and leverage your assets," he suggested.
What are we losing by perhaps overcapitalizing
legacy systems at the expense of what we may want in the future?
Within the current environment of deregulation, competition among utilities at the generation stage will give firms an incentive to reduce costs by not overcapitalizing
. Thus, the trend of increasing overcapitalization, which exists throughout the sample period, will likely slow or reverse with deregulation as firms attempt to capture customers.