We are currently working through a heap of new insights which we’re looking forward to sharing in the near future, but for now read on for some tangible advice you can put into action right now.
Significant business gains can be made with an agile internal talent pool fuelled by career enablement practices. Best-in-class organizations have cracked the code, using their existing talent to fuel their internal recruitment spiral. But how do you go about creating the right environment to foster this?
Each of these pillars can be leveraged across individual, manager and organization levels; the application of these organization wide distinguishes top performing organizations from their competitors. To begin, we all know, communication is key. Effective manager communication is significant because it gives employees voice – making them active co-authors of their career story.
Ensure consistent quality and frequency of career conversations by increasing manager coaching capability.
We’ve found that organizations who improved their HR practices to effectively ‘action’ career engagement were able to achieve positive performance resulting in increased revenue growth, both per employee and overall.
Here at Fuel50 we pride ourselves as experts at being able to pinpoint where organizations like yours could improve their career enablement tactics versus those best-in-class. There’s a lot to learn from the organizations that have pathed the way forward. After all, they’ve done all the hard work for you, it’s up to you to implement new practices that will work best for your organization.
It was the ability to take career information one step further and build capability through stretch assignments and concrete development opportunities that really differentiated ‘best in class’ organizations.
Organizations with best practices focus on six key strategies, allowing them to increase talent internally as well as retain talent through internal recruitment and lateral career moves.
- Invest in talent mobility
- Adopt an agile career development mindset
- Enable your people’s careers at all levels
- Empower managers to become career champions
- Increase visibility of talents and career paths
- Build leader-coaching capabilities
DISCOVER OUR BEST-IN-CLASS ENGAGEMENT MODEL
Find out how these 6 strategies can be achieved by leveraging the power of the ‘3 Pillars of Engagement’ — Employee Empowerment, Leader Enablement, and Organizational Execution.
These are simply the tip of the iceberg of our data-driven research for delivering a world-class career experience. We do a deep dive into these six strategies in our research paper, Insights to Action. Within it we hone in on the specific career engagement practices associated with each pillar, providing you with a blueprint from which you can work directly from and implement into your organization right away.
There’s no better time to start than today, so if you haven’t already we encourage you to benchmark your organization by taking our easy 10min survey. All submissions receive a personalized report detailing how they specifically can up their career enablement game!