For many businesses, the art of grooming skilled employees for long-term careers in-house has been lost. This is an especially acute deficiency when it comes to technology skills and roles. Professor Peter Cappelli, who is the Director of the Wharton School’s Center for Human Resources, explained in a recent Harvard Business Review article that one-third or less of employers today fill their vacancies by promoting or laterally moving internal staff into new openings. Compare that to the “roughly 90%” of employers who filled their vacancies internally after World War II to the end of the 1970s.
