Talent Turmoil: The Downfall of Successful Companies Through Rapid Hiring and Poor Talent Management
Being mindful of who we are hiring gives the right signals to employees, investors and clients.
How Successful Companies Lose Their Edge
4️⃣ Has the rapid pace of hiring led to bad hires?
Especially at the manager and director levels.
There is a lack of talent management and retention.
High variation in managerial ability across teams, leading to
lack of standardization in
– performance reviews and
– internal transfers.
Do we have
– people with titles rather than expertise making critical decisions
– lack of clear strategy
– frequent changes in direction
It will lead to
poor strategic and
tactical decision-making