Podcast

Stave Off Attrition with an Internal Talent Marketplace

McKinsey Talks Talent

Lucia Rahilly, Emily Field, Bryan Hancock and Bill Schaninger

McKinsey, 2022

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Many of today’s top employees don’t just want a job; they want work that offers growth opportunities. Meanwhile, employers are struggling to fill talent gaps within their organizations. In this McKinsey Talks Talent podcast episode, host Lucia Rahilly speaks with McKinsey leaders Bryan Hancock, Bill Schaninger and Emily Field about how internal talent marketplaces powered by AI can help with these dilemmas. Internal talent marketplaces identify internal candidates who have skills that aren’t being utilized and give workers a chance to tackle new challenges without leaving their organizations.

Take-Aways

Employers need to develop innovative approaches to retain top talent and fill skill gaps.
Internal talent marketplaces encourage qualified employees to apply for open positions and help employers tap into their workers’ hidden potential.
To make the most of internal talent marketplaces, employers should first identify goals and know their workers well.

About the Podcast

Lucia Rahilly is global editorial director and deputy publisher of McKinsey Global Publishing and host of the McKinsey Talks Talent podcast. Emily Field is a partner in McKinsey’s Seattle office; Bryan Hancock is a partner in the Washington, DC, office; and Bill Schaninger is a senior partner in the Philadelphia office.

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