Leadership
Balancing Internal and External Talent Strategies for a Sustainable Leadership Pipeline
Building a sustainable leadership pipeline depends on achieving balance between internal and external talent strategies. Balance is only effective in a transformative business environment.
By Dave Desouza
Sustainable organizations develop the ability to lead, manage, and successfully adapt to change. In the business environment that exists today, change is the constant, and old ways of managing talent is likely ineffective, especially when it comes to developing a sustainable leadership pipeline with people who are able to guide organizations through a transforming business environment that is more diverse, more global, more interconnected, and more agile.
Continuing traditional internal leadership development strategies is not enough. There must be a balance of internal and external talent strategies that find, develop, and promote people with the right skill sets and mix of perspectives that fit forward-looking organizations.
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