In the neverending quest to achieve success in business, most modern companies recognise the importance of investing in their most valuable resource: their employees. It’s here where career development plans play a crucial role, stimulating progress and growth in both employees and, inevitably, the wider organization.
When a company commits to fostering career development throughout its ranks, it is not only strengthening the skills and knowledge of its staff, but also cultivating an environment in which employees feel valued, engaged and more satisfied with their working roles. That’s why, in this article, we’ll be talking to you about career development plans, explaining their importance and describing the key stages in the design and implementation of your own successful plan.
What is a career development plan?
When we use the words ‘career development’, we’re referring to the growth of an employee within a company. Development is all about the acquisition and improvement of skills, the achievement of individual and global objectives and the evolution of an individual’s role within a company. A career development plan is the roadmap that makes all this possible.
A career development plan is a set of actions and goals specifically designed to help the employee improve and advance in their career. It identifies the areas in which the employee wishes to grow and develop professionally, and the measures required to achieve these goals. Normally, these consist of corporate training programs that allow them to acquire new skills and develop existing ones.
Career development plans are incredibly useful tools, both for employees looking to advance their professional careers, and for companies aiming to improve worker retention and cultivate internal talent. If you want to familiarize yourself with the benefits of implementing these plans in your company, then take a look at this article.
The importance of career development plans within a company
Career development plans sit at the heart of any good organizational growth strategy. Why? Because they drive the improvement of employee performance, equipping them with the tools they need to improve their skills and knowledge.
At the same time, they stimulate innovation and spark adaptations to the shifting challenges of today’s work environment, such as new technologies or novel industry trends. Career development plans also increase the competitive strength of companies, attracting promising and highly qualified candidates who will add value to the organization. And, they also improve employee satisfaction levels, ensuring that they feel valued by their parent company.
How do career development plans impact talent retention?
Career development plans demonstrate a company’s commitment to the growth and general wellbeing of its employees. When workers feel they have clear opportunities for growth and development within an organization, they are more inclined to stay in their jobs and continue contributing to the company’s long-term success.
In fact, 87% of millennials state that opportunities for development and professional growth are important to them in a job, followed by 44% of generation X and 41% of baby boomers, according to Gallup data.
Key steps in designing an effective career development plan
Identify needs and establish objectives
Any career development plan must begin by identifying the needs of both the organization and its employees. This requires a careful assessment of the team’s current skills and areas for improvement, and must define clear and manageable objectives. To carry out this first step effectively, you can conduct surveys, do performance reviews, and make a skills gap analysis.
Defining the resources you need: The advantages of choosing isEazy Skills for e-learning training
When we talk about resources in this context, we mean the right training and development tools that will ensure your career development plan is successful. To this end, isEazy Skills is the ideal solution for training your employees, since it offers you the most complete catalog of courses on the market if you want to develop the soft skills of your team.
When creating your own career development plan, choosing the right tools will significantly simplify the process of designing and delivering those all-important training programs, helping you save both time and resources – and ensuring better results.
Training Program Design: Career Development Plans with isEazy Skills
So, you’ve identified your needs, established objectives and chosen the right tools… What’s next? You need to start designing an effective training program. A versatile platform like isEazy Skills allows you to do just that, adjusting programs to the specific needs of your company and its employees, and training them in key development areas such as leadership, digital mindset, sustainability and diversity, commerce, and more.
In addition, you’ll be able to provide accessible training, supporting multiple devices, that constantly adapts to new learning formulas with videos, games and interactive elements to engage your team.
Monitoring and evaluation: study the effectiveness of your development plans
Finally, monitoring and evaluation are critical steps in measuring the success of your career development plans. Using key performance indicators (KPIs) and specific metrics calibrated to work, process or customer satisfaction, you can evaluate employee progress, the overall effectiveness of your training programs, and their impact on your company.
Successful implementation of professional development plans with isEazy Skills
Companies that opt to build career development plans enjoy many advantages, such as improved performance, talent retention and increased competitiveness. Using a training solution like isEazy Skills ensures you a productive investment in employee development. Plus, it contributes to the long-term success of the organization. So what are you waiting for? Start empowering your team’s growth today with isEazy Skills!