NO CAREER PATH NO GROWTH - JAMES BRYANT

James Bryant - "Business Excellence"

​IBGR.Network - PROFIT Radio. Everything a business owner needs to start, grow or exit a business. GROW WITH US.

Introduction
Having a career path for your employees is a key factor in attracting and retaining your workforce. The elements in a career path can be used as part of the performance development planning process encouraging the employee to take certain steps to prepare for the next position. One study found that 78% of employees in small businesses said they would stay with their current employer if there was a clear career path.  The lack of a career path means employees may be looking for other places to work, may not be not fully engaged in their day-to-day activities, which has an impact on customer relations, productivity, and profits.  No Career Path No Growth!

A career path helps to create a growth oriented environment.  
 
Growing Leaders Grow People 
Growing People Grow Businesses
Growing Business Grow Profits!

Show Objectives
The objective of today's show is to have a discussion on the importance of building a career path within your company.  Many small businesses have a flat organizational structure and it is sometimes hard to envision what a career path looks like when the opportunities for promotion are rara.  If that is your situation then you want to listen to today's show!   

What You Need to Know
Key Issues - Owner Perspective

1. A career path is the responsibility of the company and the employee
2. Take a holistic view of building a career within your organization based both on current and future staffing needs.
3. What are the technical needs?
4. What are the organizational needs?
5. Training - Start with now but keep an eye toward the future
6. Develop technically first - Employees should be moving toward mastery of their current technical skills.
7. Provide opportunities for cross training.
8. Promotions based on the ability to demonstrate new technical skills.

Key Issues - Employee Perspective

1. A career path is the responsibility of the company and the employee
2. The company provides the path but the employee has to follow the path. Remember that it is your career!
3. Develop skill mastery at your current position
4. Look for opportunities for cross team/department training
5. Adopt a mindset of continuous improvement.
6. Take responsibility for your Career.

What You Need to Do

1. Take a look at your current staff:
   1. What are they good at?
   2. What are they looking for in terms of  career growth?
   3. Where do they need to develop to increase performance in their current position/role?
2. Review or develop your staffing related growth plan.  What positions will you need to move into the next stage of growth.
   1. Create a future organizational chart - This can be role or team based if you are a flat organization. - Focus is on the positions
   2. Create the position descriptions for the needed positions - Focus on the job functions.
3. Review the current staffing development needs with the staff related growth plan.
   1. How do the development needs match up to the organizational needs?
   2. Can the current plan account for the development needs? 
   3. Make changes to the plan as appropriate
4. Create a Formal Training Program to Accelerate Growth! - Based on current and future needs
   1. Technical Skills - driven by technology and position descriptions.
   2. Human Skills - What are the management and teamwork requirements
   3. Creativity and Innovation - Training specifically geared toward unlocking creativity and encouraging innovation.
   4. Incorporate new Technical and Human Skills needed as a result of the earlier reviews.

 
Next Show: Performance Decides Promotions

​written by: James Bryant

Written by James Bryant
Let’s connect.  Use this link to schedule a complimentary session to assess your current leadership training or peak performance coaching needs.
https://calendly.com/james-betteryou4u/ibgr


We can also connect on Linkedin
https://www.linkedin.com/in/jbryant2/


​

P5.02.3NA