Development planning should be a central element to any management structure. Helping your employees to plan their future careers is essential to their growth, team spirit and the future of the company. Not understanding the needs and the talents of your employees can lead to the loss of talent, a company that manages its staff well and with due diligence and care will win every time.
An article titled “Why Top Young Managers Are in a Nonstop Job Hunt” by Monika Hamori, Jie Cao and Burak Koyuncu from the Harvard Business Review stated that
“Dissatisfaction with some employee-development efforts appears to fuel many early exits. We asked young managers what their employers do to help them grow in their jobs and what they’d like their employers to do, and found some large gaps. Workers reported that companies generally satisfy their needs for on-the-job development and that they value these opportunities, which include high-visibility positions and significant increases in responsibility. But they’re not getting much in the way of formal development, such as training, mentoring and coaching – things they also value highly.”
It essentially described that many high achievers are not getting the career development that they need. So why is development planning frequently ignored?
1. Many companies focus on the here and now, day to day operations become more important.
2. No time for activities. This is such a poor excuse, as team building done correctly will serve a wider purpose, not just from an individual’s development but from an overall team perspective.
3. Genuine interest in your employee’s future is important to the morale of the team as a whole. It will also build loyalty. Once you have the engagement of a team member then this will lead to enhanced productivity.
4. Talented people who are good at their jobs want to advance in their careers, supporting and nurturing this is key. Training, mentoring and coaching are all part of making this happen. Being versatile and valuable will enhance an organisation. Allowing your employees to experience this is paramount.
5. Development planning does not necessarily have to be as costly to a company as you may think. Finding the right professional who can tailor events and workshops to your needs will only benefit everyone, not least of all the overall productivity of a company.
6. The right training will lead to a strong team that work well together. Why not think about a weekend get away with your employees, a food and drink event as a reward for hard work, a day on the water or even simple indoor activities to free the mind and get the creative juices flowing.
How will this help? It will help you to understand your employees as individuals. You will be able to establish what their skill sets are and any needs they may have. Identifying the gaps in their knowledge will help you lead them to a brighter future. If you get this right, then the reward will be long term loyalty, so the pay offs can be immense.
Contact us NOW on 01425 629327 to find out how we can help your team.