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RAPPORT

Talent Management

Practice Guide Recruiting, Developing, Motivating, and Retaining Great Team Members

The purpose of this practice guide is to help CAEs and internal audit managers better understand how to recruit, develop, motivate, and retain competent team members.

Recruiting, motivating, and retaining great team members is recognized as one of 10 imperatives that will enable internal audit to drive success in a changing world. According to The IIA’s 2015 Global Internal Audit Common Body of Knowledge (CBOK) study, internal audit departments need to cast their nets wider to attract, motivate, and retain team members who are able to understand and anticipate the rapidly changing business environment. Professional development also plays an important role, and internal auditors should share responsibility for their professional development with the internal audit activity.

The internal audit activity’s ability to address high-priority risks and drive business value is as much affected by the right talent mix as the right staff size.

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