How committed to effective, holistic development is your business?
In real terms, it looks like:
- Elevating the importance of learning culture within a firm – something that’s constantly evolving, visible and purposeful.
- A commitment to career planning within the firm and beyond it so that people feel supported, you get the best of their natural aptitudes and you become part of their evolutionary story.
- Upskilling at every level, adapting for change as you go.
- Building the skills you need internally so they’re tailored to you and your needs. Bear in mind that ‘Quiet hiring’ is one of the nine trends that the HBR says will shape work in 2023.
In times of recession or financial uncertainty, it’s short-sighted to allow the development budget to take the first hit. When you need employees to meet the needs of the upturn, you’ll have gaps.
Your future-focused competitors won’t. Consider:
- ‘More than 80% of role moves involve people moving from one employer to another… most employers do not have internal advancement tracks that are wide enough to keep most people growing and working toward higher rewards over time.’ McKinsey Human Capital at work.
- Research shows the most productive companies do things differently from those lagging behind: they invest in intangibles (like R&D and workforce capability) and build a future-ready workforce. HBR What the Most Productive Companies Do Differently.
In difficult times it makes no sense to cut back on the resources that are vital to a surviving and thriving company.
We have a team of associates who’ve worked in an array of industries with everyone from individual key players to whole departments.