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CAREER PLANNING & PATHING: HOW TO DEVELOP A STRATEGIC VISION

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Consider the importance and impact of Career Pathing for your workforce. In this webinar we will discuss the benefits and key elements that drive career pathing and what it means for your company’s employee experience, engagement and retention. Employees are bringing new expectations; we’ll discuss the impact of providing your employees with a personalized and transparent view to their career development and growth with a particular focus on results.

The C-suite understands that talent development is essential to ongoing success. The most progressive leaders are re-thinking their talent strategy by improving the employee experience, embracing diversity, empowering career development, placing learning at the heart of HR.

This interactive webinar will provide easy-to-understand insights on:

Discuss the importance of Career Pathing within your Talent Development strategy
Identify key expectations employees now bring to their jobs
Showcase the bottom-line results of a well-defined and developed career development & growth solution

Publicada em: Recrutamento e RH

CAREER PLANNING & PATHING: HOW TO DEVELOP A STRATEGIC VISION

  1. 1. #WFwebinar The presentation will begin at the top of the hour. A dial in number will not be provided. Listen to today’s webinar using your computer’s speakers or headphones. Welcome to the webinar!
  2. 2. #WFwebinar Tools You Can Use Audio Control –  A dial in number will not be provided. –  Adjust the volume on your computer or headphones
  3. 3. #WFwebinar Questions and Handouts You can submit questions by clicking on this icon here. You can download a PDF of the slide deck by clicking here.
  4. 4. #WFwebinar 1. May I receive a copy of the slides? YES! Click on the handouts list located on the right portion of your screen. 2. May I review the webinar recording at a later date? YES! You may log in again using today’s link to review the presentation on-demand. 3. Is this webinar HRCI or SHRM certified? YES! The HRCI and SHRM certification codes will be sent in the same follow up email as the recording Frequently Asked Questions
  5. 5. Career Planning & Pathing: How to Create a Strategic Vision Kurt Jones, Director of Product Marketing SumTotal Systems | August 2019
  6. 6. 66 Today’s Agenda •  Understand the current market situation •  Identify expectations employees bring to their jobs •  Critical importance of career development within your talent development strategy •  Roadmap to enabling career planning & pathing at your organization •  Bottom line impact of well executed career development strategy
  7. 7. 77 Poll Question #1 How significant a priority is Career Planning & Pathing at your organization? 1.  High priority 2.  Medium priority 3.  Low priority 4.  Don’t know
  8. 8. What Does the Talent Market Look Like Today?
  9. 9. 99 Historic Labor Shortage Source: US Bureau of Labor Statistics
  10. 10. 1010 Historic Labor Shortage June 2019 3.7%
  11. 11. 111111 Impact on Your Organization •  New hires cost more •  Impact internal equity •  Loss of institutional knowledge Source: Federal Reserve Bank of Atlanta
  12. 12. Retention is your best Talent Acquisition strategy
  13. 13. 1313 Who is in your workforce and what do they expect? Baby Boomers 1946-1964 •  Retiring in significant numbers •  Strong work ethic •  Organization loyal •  Prefer face-to-face communications Gen X 1965-1979 •  Define success through title/position •  Independent •  Value diversity •  Lack organizational loyalty Millennials 1980-1995 •  Technology literate •  Distrust traditional hierarchy •  Value flexibility & control •  Little/no organizational loyalty Gen Z 1996-2012 •  Entering workforce •  Technically integrated •  Global •  Desire flexibility •  Low Org loyalty •  Fiscally conservative 75% of Workforce by 2025
  14. 14. 141414 Redefining Careers A career is now a series of developmental experiences, leading to growth, not always promotion
  15. 15. 1515 94% 87% 90% 68% Benefits Measuring Success 94% of employees would stay at a company longer if it invested in their career development 87% of millennials say development is important in a job compared to 69% non-millennials 90% of executives say that learning and development is a necessary benefit to the employees at the company 68% of Executives agree that Retention is a good measure for L&D success Make Career Development and Growth Transparent Career Development Meeting Expectations Source: LinkedIn 2018 Workforce Learning Report
  16. 16. Career Planning vs. Career Pathing
  17. 17. 1717 Career Planning vs. Career Pathing Career Planning •  Traditional linear paths •  Company/Manager driven •  Dependent on whose ahead of you Career Pathing •  Journey not a destination •  Employee driven •  Dependent on how quickly you can attain new skills
  18. 18. 1818 Poll Question #2 What is your biggest challenge in executing a robust Career planning & pathing strategy? 1.  Budget 2.  Lack of tools to execute 3.  Understanding how to execute/need roadmap to build this capability 4.  Lack of Leadership support/buy-in 5.  None of the above, we have a strong strategy in place now
  19. 19. Roadmap to Enabling Career Development at Your Organization
  20. 20. 2020 Step One: Individual Employee Profile Build an Employee Profile that details where they are today Must include: 1.  Skills/Competencies 2.  Education 3.  Experience
  21. 21. 2121 Step Two: L&D Plan for Today To be successful in today’s role this employee must be proficient in specific skills & competencies: 1.  Based on Employee profile identify required skills gaps, identify training 2.  Manager input on skills gaps, recommend training 3.  Continuous onboarding 4.  Development plan executed through LMS or learning solution
  22. 22. 2222 Step Three: Identify Next Step Based on traditional progression: 1.  Job description with associated skills & competencies 2.  Visual dashboard of Development Plan 3.  Development plan executed through LMS or learning solution 4.  Ongoing coaching as part of Performance Management process
  23. 23. 2323 Step Four: Identify Aspirational Role To be ready for a “dream” role, this employee must be proficient in: 1.  Identify skills/competency gaps; assign associated training 2.  Ongoing coaching as part of Performance Management process 3.  Development plan executed through LMS or learning solution
  24. 24. 2424 Make the Journey Clear to Your Workforce Data Analyst to Data Scientist
  25. 25. 2525 Make the Journey Clear to Your Workforce
  26. 26. ROI of a Well Executed Career Planning & Pathing Strategy
  27. 27. 2727 Benefits of Career Pathing Improved Employer Value Prop (EVP) Increased employee engagement Internal mobility Cost savings
  28. 28. 2828 If you build it, they will grow…and so will your organization “You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose.” ― Dr. Seuss, Oh, The Places You'll Go!
  29. 29. sumtotalsystems.com linkedin.com/company/sumtotal-systems facebook.com/sumtotal.systems twitter.com/sumtotalsystems U.S. and Canada: +1 352 264 2800 | U.K. and Europe: +44 (0) 1189 315 777 | Asia Pacific: +91 (0) 40 6695 0000 Questions?
  30. 30. #WFwebinar Register for the next webinar! THE BUSINESS CASE FOR LEARNING & DEVELOPMENT AND HOW COMPANIES ARE DEVELOPING EMPLOYEE SKILLS FOR THE NEEDS OF TOMORROW Wednesday, August 14, 2019 Webinars start at 2 p.m. Eastern / 11 a.m. Pacific Register for all upcoming Workforce Webinars at workforce.com/webinars

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