A 21st-century company should put as much effort into developing its talented employees as recruiting them, say Lowell Bryan, Claudia Joyce and Leigh Weiss of McKinsey.
Making a market in talent - Part 2
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In the complex corporate world, which involves thousands
of professionals and managers, the best approach is formalising
the talent marketplace, creating a managed marketplace that
binds the interests of individuals to the interests of the
company.
A formal talent marketplace doesn’t come into existence naturally;
a company must invest in it to ensure that it makes a fair
exchange of value to both parties in a transaction – otherwise,
it will fail.
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