Internal Talent Marketplaces: Are You Maximizing Your Team's Potential for Growth?

CiteHR-Thinktank
Internal Talent Marketplaces: A New Trend

Hiring externally has become so costly and competitive that many firms are now building "internal talent marketplaces" to fill roles from within. @McKinsey calls it a top trend for agile workforce planning. The concept is simple: treat your employees as a dynamic talent pool.

At an Indian SaaS firm, internal gig projects helped a marketing executive transition into product management—without resigning or going back to school. It created loyalty, lowered costs, and retained cross-functional knowledge. But internal mobility also reveals structural flaws—do managers hoard talent instead of enabling growth? Is HR equipped to design pathways that are fair and skill-based, not just based on "visibility"? Are you leveraging your internal talent as aggressively as you scout outside?
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