Talent mobility focuses on aligning employee skills and aspirations with company needs, promoting lateral or vertical movement within the organization. As turnover rises, businesses must prioritize talent mobility to enhance employee retention and engagement. Developing a strategy involves assessing the workforce, creating development plans, investing in training, implementing a transparent internal job market, and regularly reviewing the strategy. Benefits include improved retention, cost savings, better morale, and reduced hiring risk. Additionally, building an internal leadership pipeline through talent mobility ensures quick, low-risk promotions, driving long-term organizational growth and success.