| | In the end, all business operations can be reduced to three words: people, product and profits. People come first. Unless you've got a good team, you can't do much with the other two.
– Lee Iaccoca |
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Articles & White Papers
| Career Pathing
| An Overview & Tips For ImplementationTalent management experts understand the importance of ensuring that top performers progress through their organizations to maintain a competitive edge. Great leaders understand the importance of employee engagement as a key driver of retention. Let's look at some facts:- One study indicates that 70% of the factors that attribute to retaining top performance are related to leadership and engagement (2006, Human Capital Management).
- A recent Gallup Poll cited the need for employees to have interesting job responsibilities and a clear growth pattern as a driver of longevity.
- With job abandonment on the rise – one study showing 1 out of every 3 voluntary terminations in the quick service restaurant industry (People Report, 2006 SULEP) – leaders must be called upon to clearly show employees the career opportunities that exist within their organization and what it takes to achieve more responsibilities and career progression.
- Organizations with a formal communication vehicle for open restaurant management position had 18% less turnover than organizations with no formal communication (People Report, 2006 SULEP).
The solution leading companies have discovered is called Career Pathing. This dynamic process enables leaders to engage their employees in interesting job responsibilities, architect a clear growth pattern, and show employees career opportunities through formal communication channels how they can realize their future within the organization. This is a winning combination of many successful organizations.
What Are The Critical Elements Of Career Pathing?- A visual map that communicates the career progression available to all employees
- Detailed, high definition competency models and behaviors that outline clear performance expectations
- Competency-based selection and development tools and processes
- Performance management and succession planning tools and processes to measure progress
What Are Key Guidelines To Create & Implement Career Pathing?- Ensure all career pathing tools and processes are aligned with the company vision
- Customize the career pathing map to the culture of your organization
- Identify specific, detailed behaviors for each position along the career path
- Include a variety of entry points and alternative routes along the career path
- Use an integrated approach to connect selection, development, performance management and succession planning
- Evaluate an individual's position readiness using benchmarked analyses
- Utilize validated, position-based assessment tools for your career pathing evaluations
- Create developmental plans to help propel individuals along your organizational career pathing
- Understand the types of experiences necessary to be successful in each role along the path
- Plan a comprehensive communications plan to introduce Career Pathing and educate mangers on best practices
What Are The Benefits Of A Competency-Based Career Path Process?- Engages and retains the best talent
- Creates a strong leadership pipeline
- Builds a culture of opportunity
- Creates a competitive advantage through talent
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| | In the search for every competitive edge, business leaders are creatively seeking increases in team performance.
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© 2012, Batrus Hollweg International Selection Services, Limited
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