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While talent attraction and retention can be challenging, employee development strategies can help. With the right strategies, development doesnt have to be complicatedjust intentional. Both employees and employers are responsible for talentdevelopment.
Is your social venture losing its homegrown talent — often to other social ventures? In the past two years, only 30% of open C-suite positions in the nonprofit sector were filled by an internal candidate ( the rate at for-profits is 60% of positions ). And almost half their replacements came from other nonprofits.
Several executives at the company offered to talk with us to figure out why the program has been so successful—not just as a philanthropic gesture, but as a talentdevelopment system. This is a very important attraction and retention vehicle for our company,” says Diane Melley, VP of IBM Global Citizenship Initiatives.
Several executives at the company offered to talk with us to figure out why the program has been so successful—not just as a philanthropic gesture, but as a talentdevelopment system. This is a very important attraction and retention vehicle for our company,” says Diane Melley, VP of IBM Global Citizenship Initiatives.
Through the Toyota Production System Support Center (TSSC), a nonprofit within the auto company, Toyota shares its TPS methods with all kinds of organizations — including donating their expertise to other nonprofits. "So Another TSSC principle: The companies and nonprofits working with TSSC aren't allowed to lay anyone off.
Business leaders are not just employers: as frequent board members for regional economic development entities, they have a major influence on the civic agenda in the cities and metropolitan regions in which their firms are located. Economic inclusion must be a priority both for economic policy makers and for business.
Say, if you’re a nonprofit, for example, and your client that you’re trying to serve is a nonprofit. Is there data that shows the higher level of burnout that is evident in an organization connects to a negative outcome in customer retention or customer experience? What are your frameworks? Have you validated them?
Broad-based change capabilities Often, talentdevelopment strategies focus on strengthening technical skills. While it is important to equip the workforce with skills around emerging technical needs (such as optimizing the use of AI), they are not enough on their own, especially since these required skills are changing rapidly.
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