I think you kind of get it and kind of don't. There's some subjectivity but you can tell who your A, B, C, and F employees or candidates are. I've got a couple of guys who are extraordinary. They're As. No question. You can't pay a B/C value employee in the same range or you're asking for big trouble.
As for your example, I've come to realize that I build teams differently. Teams over time reflect their leader's style, methods, and vision. There are different ways to succeed but teams like mine who do the same thing as 30+ other plants... aren't the same as those teams. We value different things. We have a different culture. We do a lot of things different. I've seen the "stars" of other plants and just don't see it.
So value comes down to skill and then how that person fits what you're doing.
I truly do get all of that.
But I'm saying that value can change, because people change.
Im sure you've had guys that worked hard to get a promotion and then coast once they got it. Hell maybe you even had to fire them later because they couldn't sustain the new expectations.
In an executive capacity, yes as the executive you have to have a structure (model), and put pieces where they can support that vision. A vision born from a market demand that your carefully vetted people supply.
However, I would argue that things like employee engagement, professional development are very underrated. I've seen a person move from the manufacturing line to being an account manager in the same company. All because the company's self interest long term very much aligned with this person energy or personal interest.
Example : Walk-on Stetson Bennett. He was a walk-on that had to earn a scholarship the 2nd time around. Then he becomes a 2 x National Champion starting QB. Now VALUE wise, most of the country would say Hendon Hooker deserves 1 Million for his Jr and Sr year. While Stetson should be happy if he gets 250k for his efforts. Apples to Apples, talent to talent, prospect to prospect, most would say there's no comparison. Hendon is the better product. But ask a Georgia Fan (where the $ ultimately comes from) if they think Hendon is worth more in winning football games.
Team chemistry and finding the right elements for winning culture is sometimes more important than making sure that you throw the ball to your 5 star WR all the time...because he's physically talented and WORTH a lot from a football market standpoint.
NIL is incredibly subjective. It's absolutely not just pure talent vs pure talent.