Attracting external talent with the skills you’ll need in the future comes at a premium. There are the hard costs of recruiting, assessing, hiring, and onboarding, and the soft costs of time spent learning organizational culture and ways of working. These costs go up even more in a tight job market where top talent is in short supply.
Developing internal talent, on the other hand, costs significantly less — and comes with numerous additional benefits. Internal talent has grown with your company and understands your organization, its purpose, mission, and values. Leveraging your existing internal talent supports evolving business models and processes in a way that sourcing externally simply can’t.
What steps can you take to create a pipeline of future-ready talent at your organization? What transformations need to occur?
This guide helps you understand: