Sunday, April 13, 2008

Organizational star performers

Interesting research covered on an HBR podcast:

  • It seems to be more productive to develop star performers internally compared to hiring them from the outside. This is because outside stars leave behind them a support structure, which they need to develop at the new pace. It often takes up to 5 years for stars to become productive again. (Vlad: Hmm, I am sure one's mileage varies here, but I guess the point is that star performers are not immediately as productive at the new place as they were at the old.)
  • Star performers are less likely to leave employment. In fact, the turnover of stars is half the rate of non stars
  • People don't leave companies, they leave managers. If companies change management, expect some turnover
  • Stars are less likely to leave if there are other stars around

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