Are you hoarding talent?

first_img continue reading » Talent hoarding is prevalent and detrimental. According to a survey, more than 50 percent of managers admitted they keep their team members from growing and advancing—for a variety of reasons. Unfortunately, this practice can cause lowered staff morale and engagement, increased turnover, and a lessened ability to do internal recruiting.As my guest on the CUES Podcast Episode 60, Annette Matthies, founder/CEO of Aspen Edge Consulting, explains how to tell if you are hoarding talent. One clue is if team members have been in place for a really long time—and no one is getting new experiences.“It’s a hidden problem and we don’t talk about it,” Matthies says in the show. “We know that what gets measured gets done. It’s something for businesses to start doing looking at” and developing metrics for.Matthies, who wil be a speaker at CUES’ Directors Conference this December in Hawaii, says high potential organizations are two times as likely to prioritize talent movement in their businesses. The benefits of employees moving throughout the organization is better engagement and idea sharing across departments. Importantly, she adds, talent movement helps to develop people and get them ready to be promoted from within—expanding the organization’s hiring pool. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

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