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    As AI and other new technologies transform the world of work, organizations are eliminating people in areas with declining skill relevance—such as marketing and admin roles—while aggressively hiring for high-demand skills like AI, data analytics, and automation.

    But in a job market where skilled talent—particularly tech talent—is scarce, that’s a losing strategy.

    Handing out pink slips in hopes of finding job-ready talent externally comes with significant downsides:

    Forward-looking organizations recognize these risks and are shifting from “buy” talent strategies to strategically developing the talent they need in-house through reskilling and upskilling.

    Businesses leaning into “build” strategies are seeing big wins—less turnover, greater adaptability and a workforce that grows with them. By prioritizing internal development, they’re taking control over their talent pipelines and breaking free from the talent boom and bust cycle.

    Keep reading for insights on:

    Why internal development is a win-win talent strategy

    On one hand, businesses need talent and flexibility. On the other, individuals want growth and greater job security. Internal talent development bridges this gap—helping organizations shape and deploy talent where it’s needed while giving employees the growth they seek.

    Benefits for organizationsBenefits for employees
    Faster tech adoption – Existing employees have a better understanding of internal systems than new hires, making it easier to integrate new technologies and processes.Enhanced growth pathways – Rewarding learning and development creates growth opportunities for individuals while building a stronger, more committed workforce.
    Lower training costs – Foundational knowledge of company systems and processes translates into savings on training, onboarding, and waiting for new hires to settle into their roles.Greater job security and stability – Employees who see a future within the company are more likely to stay and grow rather than seek opportunities elsewhere.
    Higher retention rates – A culture of internal growth reduces costly turnover, as employees are more likely to stay when they see a clear career path.Reduced disruption – Transitioning to a new role within a familiar environment is easier and less stressful than starting fresh in a new company.
    More agile talent management – Businesses can quickly redeploy talent where it’s needed most, keeping up with market changes and innovation.Greater sense of purpose – Being recognized and promoted from within boosts morale, confidence, and overall job satisfaction.

    How to build a culture of internal mobility

    By fostering a culture that encourages learning, career development, and role flexibility, organizations can empower employees to take charge of their growth while ensuring they have the right people in the right roles at the right time. Here’s how to embed internal mobility into your company culture.

    Normalize growth through continuous learning

    Ongoing learning helps employees stay prepared for internal opportunities by continuously expanding their skill sets. Plus, employees who regularly learn are more comfortable with transitions, making internal mobility feel natural rather than disruptive.

    Prioritize redeployments over reductions

    When workforce reductions seem inevitable, organizations can shift from layoffs to talent redeployment through strategic L&D initiatives.

    Create an internal job marketplace

    Empower employees to explore new opportunities by providing easy access to internal job openings—and encourage those with adjacent skills to apply.

    Nurture and reward internal mobility

    Offering ongoing mentorship and career guidance can help individuals explore opportunities while ensuring organizations place talent where it best fits both business needs and individual goals.

    Position your people for maximum impact

    Building a strong internal mobility strategy starts with identifying and investing in the right skills. But to truly make it work, organizations must clear pathways for employees to grow, reskill, and transition into new roles.

    Teaming up with industry-aligned learning partners like General Assembly can help your organization get the support it needs to build critical tech skills and set the foundations for a thriving learning culture. With real-world expertise and hands-on learning opportunities, we equip teams with the capabilities they need to put real skills to work—for the now and the next.

    Explore how training and growing your team with General Assembly can help you build resilient, high-performing teams ready to tackle the challenges of today—and tomorrow.