If I develop them to be better than me, I am doing my job.

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I take my job very seriously and one of the aspects of my job is developing people to their full potential. Not my idea of potential, which is where I feel like some managers tend to get confused. Listening to what people tell me is sometimes how I determine this because I, like any other living being, have opinions and ideas. Of course I use them, but I also feel like they have a right to go where they want to go. If I can take them there..I am doing my job and the company I work for benefits in the process. This is, of course, my opinion. I have recently printed a job description and an educational reimbursement form for a very beneficial team player in my department. This could potentially take him from, not only me, but my team. In trying to help him become what he wants, have I done my job by not holding him back? Would you keep him because of the strength that he brought to the team or would you let him go? Business and personal opinions are welcomed.