Talent mobility is training the employees you already have to fill new positions that will help meet business objectives, said Ben Eubanks, SHRM-SCP, principal analyst at Lighthouse Research & Advisory, a human capital research and advisory services firm.
Speaking at the Society for Human Resource Management 2019 Talent Conference & Exposition, he added, “In short, it’s putting your internal talent where it needs or wants to go to solve business challenges. This practice drives employee engagement and retention while lowering hiring and training costs for employers.”
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All levels of the organization have a part to play in making internal mobility a reality. Executives need to make sure the business environment is ripe for it. Managers need to be willing to support talent mobility and not cling to people seeking lateral moves or promotions.
And HR needs to implement the processes and policies that show people they can look for other opportunities at their employer.