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TALENT MANAGMENT

TALENT MANAGMENT

You lead a critical team in your company. The team has performed well. Management is happy. In fact, you have been given extra budget to increase your team size. Your goal is to measurably increase your output in the next 12 months. With this budget , you can increase your team size:

1. Substantially by hiring several people from within the company
2. Reasonably by hiring a smaller number of above average 
performers from your competitors
3. Minimally by hiring just a few super star performers from your 
competitors
⋅ Task: Assuming you can only select one of the above options, and not a combination; under what circumstances would you choose each option?
⋅ Recognizing that much information critical to your decision may be missing from this scenario, it is expected that you will make your own assumptions as you go as long you list those assumptions.
⋅ Maximum One Page.
I will choose first one hiring several people from within the company and argue why it is better than the other approaches

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