Acharya Prashant explains that great organizations are characterized by a cult-like culture where value systems are aligned. However, modern hiring processes often fail to achieve this because HR executives hire based on operational requirements rather than cultural fit. This results in a mercenary-like environment where professionals join and quit solely for monetary gain, leading to high attrition rates and a lack of uniformity in values. In many cases, organizations either have no real values or the hiring managers are unaware of them, leading to a workforce that feels no sense of belonging.
