Developing your team so well that they begin being poached by others and letting them go to those other teams is exactly how to develop your organization.
Today’s post is by Mike Figliuolo, Managing Director of thoughtLEADERS
Want to build your team? Get rid of the people who are on it. I don’t mean go about firing people in a flurry. Become what I call a “net exporter of talent.”
You need to develop your people to the point that they’re ready for new challenges. Build their skills. Make them more valuable to the organization. Grow them and build upon their responsibilities. And once you can stand back and admire the fruits of your labor, send them somewhere else to work. Actually, if you’ve done a good enough job developing them, others will be trying to poach them from your team.
Madness you say? Don’t be too quick to judge. The benefits of becoming a net exporter of talent are many. Before we get into them, let me elaborate on how to become said exporter. First, recognize almost everyone on your team wants to grow. Your obligation as a leader is to provide those opportunities and help people succeed in them. Once you’ve expanded the skills and scope of your team members, you’re ready to begin.