How to Keep Your Top Talent
PRACTICALLY EVERY COMPANY THESE days has some form of program designed to nurture its rising stars. With good reason—these high-achieving individuals can have an enormous impact on business results.
Programs aimed at this class of talent are usually organized around some sort of annual nomination process and offer targeted leadership-development opportunities such as business rotations and special stretch assignments. But despite the prevalence of these programs, most haven’t delivered much in the way of results. Our recent research on leadership transitions demonstrates that nearly 40% of internal job moves made by people identified by their companies as “high potentials” end in failure. ...
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