Organizations that believe that they can limit, inhibit or restrict their people from leaving are only fooling themselves.
I heard a story yesterday about a very promising individual I've known for some time. He was all set to take a job with a company in a non-competitive industry that was a director-level, leadership position. This would would have been a huge step in his career, and he would be joining a promising company with a ton of upside. They were all set to give him an offer and were extremely excited to get him on board.
The leadership of the company he's with now, who are going through tough times and are desperate to hold on to the talent they have, sent some threatening notes and used every resource at their disposal to keep this person from taking this job (partners, investors, etc.). In one sense, they succeeded, i.e. they got the company who was about to make the offer to pull back.
In another sense, they totally failed. Smelling a rat, this promising individual decided to leave the company anyways without an offer in hand, which only sends a bad message to the rest of the team and may result in even more turnover. He eventually confirmed his suspicions, and now this company's name is mud in the influential and vital circles this person runs in.
If the Soviet Union taught us anything, it's that trying to control the market by brute force is not the path to success. The same holds true in the talent market. It's a free, highly networked market for people, and any attempt to disrupt or regulate this free market will lead to failure for anyone that tries.
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