BetterUp’s Post

According to Gartner, only 46% of employees are satisfied with their career growth. This statistic underscores a significant opportunity for leaders and companies to unlock the potential within their workforce—especially when the talent is already within the organization. At BetterUp, our data reveals a troubling trend: since 2020, employee mindsets crucial for innovation, productivity, and performance have been in decline. Without proactive changes, these vital mindsets won't improve on their own. What can leaders and companies do to help catapult career growth and unlock potential? Here are three key strategies: ⚡Tap into employees' purpose and values: Aligning roles and responsibilities with employees' core values and purpose can ignite passion and drive. When employees find meaning in their work, their engagement and performance naturally increase. ⚡Enable managers to have strong career development conversations: Equip managers with the skills and tools needed to have meaningful career development discussions. These conversations can uncover aspirations, identify strengths, and map out paths for growth, ensuring employees feel supported and valued. ⚡Communicate growth opportunities clearly with your employees: Transparency is key. Clearly communicating available growth opportunities helps employees envision their future within the company. It fosters a culture of continuous learning and development, motivating employees to take charge of their career trajectories. By focusing on these strategies, leaders can help reverse the decline in critical employee mindsets and foster an environment where everyone can thrive. https://lnkd.in/e98JpY7t

The Fear of Obsolescence Will Force Companies to Increase Spending in Career Development & Mobility 😵 In today's fast-paced and ever-evolving job market, the fear of obsolescence is a significant concern for both employees and employers. Technological advancements, shifting industry standards, and the constant emergence of new skills and knowledge areas mean that staying relevant is more challenging than ever. As a result, companies are recognizing the urgent need to invest more in career development and mobility. Here's why: 🔹 Skill Upgradation: Continuous learning and skill enhancement are no longer optional. Employers must provide opportunities for their workforce to acquire new skills and stay updated with industry trends. 🔹 Employee Retention: Investing in career development fosters a culture of growth and loyalty. Employees are more likely to stay with organizations that are committed to their professional growth. 🔹 Adaptability: An agile workforce capable of adapting to change is a crucial asset. Career mobility allows employees to shift roles and responsibilities, ensuring that businesses remain resilient and competitive. 🔹 Innovation: Encouraging career development fuels creativity and innovation. Employees who feel supported in their growth are more likely to contribute fresh ideas and solutions. 🔹 Future-Proofing: Preparing the workforce for future challenges is essential. Companies that prioritize career development are better positioned to navigate the uncertainties of tomorrow. As we look towards the future, it is clear that career development and mobility will be at the forefront of strategic business initiatives. Companies that embrace this shift will not only mitigate the fear of obsolescence but also unlock their full potential. #CareerDevelopment #EmployeeMobility #ContinuousLearning #WorkforceDevelopment #FutureOfWork #HRTrends

There is a huge talent pool out there and there is enough proof that people without degrees have been tremendously successful in contributing to the #organisation . Reviewing talent strategies and keeping an open mind to find amazing talent beyond traditional qualifications like management degrees offers several advantages to companies: 1. Accessing a Broader Talent Pool: By moving beyond management degrees, companies open themselves up to a much wider pool of talented individuals who possess diverse skills, experiences, and perspectives. This can lead to more innovative solutions, improved #problemsolving , and a more representative workforce. 2. Identifying Hidden Gems: Traditional qualifications like management degrees can sometimes overshadow individuals with exceptional talent who have taken different paths and can bring in pragmatic #solutions . An open-minded approach allows companies to discover hidden gems whose skills and experiences may be a perfect fit for their needs, even if they don't have the "usual" credentials. 3. Encouraging #creativethinking : Individuals with non-traditional backgrounds can bring fresh perspectives and innovative approaches to the table. This can be particularly valuable in today's rapidly changing #businesslandscape , where #agility and #adaptability are key to success. 4. Fostering a #growthmindset : When companies value skills and potential over specific qualifications, they create a culture of learning and development. This encourages employees to grow and evolve throughout their careers, leading to a more engaged and productive #workforce . By embracing an open-minded approach to talent acquisition, companies can gain a #competitiveedge in the #marketplace . I encourage you to continue advocating for this shift in thinking and help companies unlock the full potential of their workforce! #futurism #skillsforchange #practicalwisdom #hirebetter (Views are personal)

Title: Rethinking Overqualification: Embracing Growth Potential The term "overqualified" in employment often raises concerns about underutilized skills and potential turnover. However, in today's dynamic job market, overqualification can be an asset rather than a liability. Employers traditionally worry that overqualified employees may become bored or seek better opportunities elsewhere. However, overqualified individuals can bring valuable skills and experiences that inspire innovation and drive growth within organizations. Rather than fearing turnover, organizations should view these individuals as investments in their collective success. In a rapidly changing job market, roles and responsibilities are constantly evolving. Overqualified employees are better equipped to adapt to these changes, ensuring organizational agility and resilience. By harnessing their diverse perspectives and approaches, organizations can outperform their competitors and drive sustainable growth. Instead of a scarcity mindset, organizations should embrace the abundance of talent that overqualified individuals bring. By leveraging their skills effectively, organizations can create environments where both individual and collective growth thrive. Overqualification should not be viewed as a hindrance but as an opportunity for growth and innovation. By rethinking our approach to talent management, organizations can position themselves for long-term success in a competitive landscape.

What makes or breaks #digitaltransformation is not the actual technology, but the human factor: #Talent. While the exact nature of future jobs remains uncertain, it is a safe bet that individuals who possess qualities such as curiosity, #emotionalintelligence, resilience, determination, and intelligence will be better prepared to acquire the skills required for those roles. They will also be better positioned to deliver the unique human value that technology cannot replicate. Instead of solely focusing on specialists or pigeonholing individuals into narrow job roles, organizations should prioritize expanding their employees' diverse talents. A proactive approach called pre-skilling and preparing and equipping talent for the future job landscape is the key. This article outlines five broad recommendations for getting your workforce ready for an unpredictable future. #futureofwork #skillsfortomorrow #futureproofing #emotionalintelligence #workplaceagility #talentdevelopment. CFR Global Executive Search Nuway CFR Pte Ltd.

"We may not know what tomorrow’s jobs will look like, but we can safely assume that when people are more curious, emotionally intelligent, resilient, driven, and intelligent, they will generally be better equipped to learn what is needed to perform those jobs, and provide whatever human value technology cannot replace. Rather than betting on specialists or forcing people into specific niches, organizations need to focus on expanding people’s talents. What we need is not just re-skilling or up-skilling, but pre-skilling: that is, being able to future-proof talent and reinvent peoples’ careers before we even know what tomorrow’s jobs and in-demand skills will be. This article makes five broad recommendations for preparing your workforce for an uncertain future." #futureproof #talent #workforce

Ever encountered an employee who's thrilled when their company neglects their career development? Neither have we. It's no surprise then when we stumble upon stats like this: 2 out of 3 employees have mulled over leaving a job due to stagnant career growth. 💼 Don't let your organization be part of this statistic! Investing in your employees isn't merely a goodwill gesture; it's a strategic imperative that paves the way for enduring success. When you empower your team with opportunities for growth, you're not just fostering individual potential; you're propelling your company towards greatness. 🚀🌟 Here's why nurturing employee growth isn't just a box to tick on your company's checklist; it's the cornerstone of prosperity. 📈💼 🌱 Cultivating Potential: Just as plants need sunlight and water to thrive, employees require nurturing and support to excel. Cultivating a culture of continuous learning not only enhances individual skills but also fosters a deep sense of fulfillment and loyalty. 🚀 Driving Innovation: Empowered employees are the catalysts for innovation. By empowering them to broaden their horizons, you unlock fresh perspectives, ignite creativity, and push the boundaries of what's possible. 💡 Future-Proofing Your Organization: In today's ever-changing landscape, adaptability reigns supreme. By prioritizing employee growth, you're fortifying your organization against future uncertainties, ensuring your team is equipped to tackle whatever challenges come their way. 🤝 Building a Unified Team: Employee growth isn't just about personal development; it's about strengthening the collective force of your team. By fostering an environment where growth is celebrated, you're nurturing collaboration, enhancing communication, and fostering a shared sense of purpose among your team members. Investing in your employees isn't just an option; it's a strategic imperative. Elevate your company through the growth of your employees. 🌟 #EmployeeDevelopment #InvestInYourTeam #FutureSuccess

According to a study done by McKinsey, 375 million workers globally will need significant new skills by 2030. (McKinsey, 2023) Do you know what skills your organisation needs for the future and what skills your current workforce has? Understanding these two crucial elements will enable you to: 1. Determine what skill gaps can be filled by retraining your staff. 2. Understand the roles and skills that you need to recruit. 3. Create a flexible workforce so that as your business needs change, you can move employees to new roles where their skills are needed and their strengths will shine. Using service design techniques, we co-design your people experience, ensuring that people are enabled and supported throughout the journey. From the recruitment stage to career development and changes, we look at people's skills, strengths and passions as well as the requirements of your business to guide them to a role that is the best fit for them and your business, while enabling them with the necessary knowledge, coaching and tools for them to shine. By taking the time to understand your organisation and your people, we are able to define and design a future-fit organisational design and enable accurate job profiles and skills requirements for each role. Through digital skills assessments and our Strength's Revolution Programme we can assess your current team and potential candidates ensuring you have happy people with the right skills in the right role. Are you ready to build a resilient business with a happy, future-fit team? Connect with us today: https://lnkd.in/eFAuVHb8 #peoplefirst #futurefocused #transformation

𝐇𝐚𝐫𝐧𝐞𝐬𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐒𝐞𝐚𝐬𝐨𝐧𝐞𝐝 𝐄𝐱𝐩𝐞𝐫𝐭𝐬 𝐢𝐧 𝐘𝐨𝐮𝐫 𝐓𝐞𝐚𝐦👇 In the fast-paced world of business, it's tempting to focus solely on bringing in fresh talent.In today's fast-moving business world, it's easy to only think about hiring new talent. However, the value that experienced employees bring to the table is unparalleled. Their deep knowledge, industry insights, and honed skills make them indispensable assets to any organisation. Here are five effective strategies to ensure they stay and continue contributing to our success: 👉𝗢𝗳𝗳𝗲𝗿 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗰𝗼𝗺𝗽𝗲𝗻𝘀𝗮𝘁𝗶𝗼𝗻: Ensure salaries and benefits are in line with industry standards and reflect the value these employees bring to the company. 👉𝗣𝗿𝗼𝘃𝗶𝗱𝗲 𝗰𝗮𝗿𝗲𝗲𝗿 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: Encourage continuous learning and offer clear pathways for career advancement to keep them motivated and engaged. 👉𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘇𝗲 𝗮𝗻𝗱 𝗿𝗲𝘄𝗮𝗿𝗱 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻𝘀: Regularly acknowledge their hard work and achievements through awards, bonuses, and public recognition. 👉𝗗𝗲𝘃𝗲𝗹𝗼𝗽 𝗮 𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲 𝘄𝗼𝗿𝗸 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁: Create a supportive and inclusive workplace culture that values employee contributions and promotes work-life balance. 👉𝗜𝗻𝘃𝗼𝗹𝘃𝗲 𝘁𝗵𝗲𝗺 𝗶𝗻 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻-𝗺𝗮𝗸𝗶𝗻𝗴: Show that their experience is valued by involving them in key business decisions and strategy planning. Experienced employees are the backbone of any successful organization. By recognizing their contributions and creating an environment that supports their growth and satisfaction, we can retain these invaluable team members and ensure long-term success. Share your insights in the comments below. ✍️ 𝘐'𝘷𝘦 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦𝘥 𝘵𝘩𝘦 𝘱𝘳𝘪𝘷𝘪𝘭𝘦𝘨𝘦 𝘰𝘧 𝘢𝘶𝘵𝘰𝘮𝘢𝘵𝘪𝘯𝘨 𝘤𝘰𝘶𝘯𝘵𝘭𝘦𝘴𝘴 𝘪𝘯𝘥𝘪𝘷𝘪𝘥𝘶𝘢𝘭 𝘵𝘢𝘴𝘬𝘴 𝘢𝘯𝘥 𝘳𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘪𝘻𝘪𝘯𝘨 𝘵𝘩𝘦𝘪𝘳 𝘥𝘺𝘯𝘢𝘮𝘪𝘤𝘴. 𝘉𝘺 𝘶𝘱𝘨𝘳𝘢𝘥𝘪𝘯𝘨 𝘵𝘩𝘦 𝘳𝘪𝘨𝘩𝘵 𝘴𝘬𝘪𝘭𝘭𝘴, 𝘳𝘰𝘢𝘥𝘮𝘢𝘱, 𝘢𝘯𝘥 𝘮𝘦𝘯𝘵𝘰𝘳𝘴𝘩𝘪𝘱, 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘶𝘯𝘭𝘰𝘤𝘬 𝘥𝘰𝘰𝘳𝘴 𝘺𝘰𝘶 𝘯𝘦𝘷𝘦𝘳 𝘬𝘯𝘦𝘸 𝘦𝘹𝘪𝘴𝘵𝘦𝘥. Follow Vikas Srivastava LinkedIn Guide to Creating LinkedIn Learning #career #employeeretention #experiencedprofessionals #careergrowth #automation #vikassrivastava10X

🚀 "Investing in Success: The Power of Staff Career Path Planning" 🌟 In today's dynamic and competitive business world, companies that prioritize career path planning for their staff stand to gain a significant advantage. Here's why nurturing your employees' growth and professional development is not just a benefit but a strategic imperative. 💼 🌱 Talent Retention: A clear and well-defined career path communicates a company's commitment to its employees' long-term success. This fosters loyalty, reduces turnover, and ensures that your team remains motivated to contribute their best. 🚀 Enhanced Productivity: Employees who see a clear path for advancement are more engaged and motivated in their current roles. They are more likely to work passionately, innovate, and increase their productivity, ultimately driving the company's success. 📚 Skill Development: Career path planning enables employees to identify the skills and knowledge required to advance. This leads to a continuous learning culture, where staff is consistently improving their competencies, keeping the organization competitive. 💡 Succession Planning: By nurturing talent within your organization, you're preparing for leadership transitions and ensuring that there's a pool of skilled individuals ready to step into key roles. This minimizes disruptions and maintains continuity. 🌎 Global Competitiveness: Companies that invest in career path planning have an edge in attracting top talent. Prospective employees are more likely to choose a company that demonstrates a genuine commitment to their professional growth. 🤝 Stronger Company Culture: A shared understanding of career progression fosters collaboration and teamwork. It creates a positive work environment where employees can envision their future within the company. 📊 Performance Tracking: Career path planning also provides a framework for performance assessment. It allows both employers and employees to evaluate progress, set goals, and make necessary adjustments along the way. 🌐 Adaptability: In a rapidly changing business landscape, adaptable, skilled employees are a company's greatest asset. Career path planning ensures your staff is always prepared for what's next. Investing in career path planning for your staff isn't just a cost, it's an investment in your company's future. It empowers your team to reach their full potential and drive the organization forward. The benefits are clear, and the rewards are immeasurable. 🌠 How does your company support staff career development, and what positive impacts have you witnessed? Share your thoughts and experiences below! 👇 #CareerDevelopment #EmployeeGrowth #BusinessSuccess