EIGHT APPROACHES

How, then, can organizations start meeting the growing talent challenge, short of radically restructuring their business career-track models? As a starting point, here are eight practical approaches that companies can employ right away.

Be strategic about bringing on new employees. A new employee's first experience shouldn't be about orientation courses and human resource manuals. It should be about connections. It takes about six months to socialize new hires. Leaders can accelerate the process and foster loyalty by connecting new hires with experienced “buddies” and mentors. The tacit knowledge that emerges from these interactions can convey values in much more compelling ways than bullet points or mission statements can. It ...

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