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Tuesday, April 26, 2016

i4cp Study Finds Managers Who Cling to Good Talent Are Bad for Business

High-performance organizations make talent mobility a priority and reward managers for developing employees, according to research by the Institute for Corporate Productivity (i4cp). The study, Talent Mobility Matters, also found that talent hoarding by managers--admitted to by half of the 665 global companies surveyed and 74% of low-performing organizations--is the leading obstacle to creating mobile workforces.
“Talent mobility is about being able to rapidly and strategically identify, develop, and deploy talent to meet the needs of the business, its customer, and the aspirations of its employees,” said Lorrie Lykins, Director of Research Services at i4cp and co-author of the study. “Our research found that prioritizing talent mobility directly correlates to higher market performance in areas that matter most to business leaders--profitability, revenue, customer satisfaction, and market share.”
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