Talent Debt: Why People Problems Are Growth Problems

Posted by Monty Fowler | Categories:

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Executive Debt Question: What’s one thing your company does well to develop future leaders?

Every business problem is a people problem in disguise.

Yet Talent Debt—caused by neglecting leadership development, failing to invest in team growth, or tolerating poor performance—often gets overlooked until it becomes urgent. And by then, it’s expensive to fix.

In this week’s post, we explore how Talent Debt builds up quietly and how to start reversing it before it stalls your growth.

1. Leadership Gaps: Who’s Driving the Bus?

When key roles are unfilled—or worse, filled with underprepared leaders—companies begin to wobble. Talent Debt often shows up as a lack of clarity, misalignment, or poor accountability.

Watch for:

  • Middle managers overwhelmed or under-resourced
  • Senior leaders avoiding key decisions
  • Lack of a succession or development plan

Fix it: Create a leadership development roadmap. Provide coaching and mentoring. Make tough calls on misaligned leaders.

2. No Bench, No Backfill

Many companies scale without preparing for what happens when someone leaves. Talent Debt shows up when a single resignation sends the whole organization scrambling.

Watch for:

  • One person holding too much institutional knowledge
  • No contingency plan for key roles
  • Repeated fire drills for coverage

Fix it: Cross-train teams. Build redundancy. Regularly revisit your org chart and growth projections.

3. Stagnant Development: When Growth Stops with the Org Chart

Employees who feel stuck will eventually leave—or stay and disengage. Talent Debt builds when companies fail to invest in professional development or don’t provide clear paths for growth.

Watch for:

  • No development plans or budgets
  • Disengaged high performers
  • Promotions based on tenure instead of readiness

Fix it: Develop career pathways. Tie growth to performance metrics. Recognize and reward development.

Why This Matters:

Talent isn’t just a cost center—it’s your only renewable competitive advantage. AspireSix helps companies identify and close leadership gaps, build future-ready teams, and prevent burnout at the top.

Because investing in people is investing in growth.

Let’s future-proof your leadership team. Meet with AspireSix.

 

Executive Debt Call to Action: People problems are performance problems. Download Executive Debt to understand Talent Debt.

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About the Author

Monty Fowler

Monty is a revenue & strategy leader and entrepreneur with more than 30 years of technology sales, strategy, marketing, and business development experience. He has served customers in a variety of industries including SaaS & enterprise software, telecommunications, FinTech, IoT, computer hardware, and services. Monty is a Manager Partner of AspireSix.

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