This month, we’re decoding internal investment and professional development. Most people agree that they are both pillars of positive company culture, but they’re often neglected. The good news is that if you think outside the box, they actually require less time and money than people think. In fact, one of the best things employers can do is provide realistic support of their team’s future career development, even if the path isn’t internal. Moral support is certainly affordable, and over the long term, it keeps employees loyal even if they leave your company. Who knows, they might even be inspired to return for a leadership role later in life.
Many companies help employees create Professional Development Plans, but it’s rare for this plan to recognize the reality that most employees’ career trajectory will involve an eventual move to another employer. Instead, Professional Development Plans often become self-serving, leaving employees who want to look beyond company walls feeling cut off from opportunities. Smart companies invest in staff development that will benefit their company in the present with the understanding that it may not result in long-term devotion. This indicates a modern company who’s able to adapt, because unlike days past, it’s rare for anyone today to choose one employer and dedicate a lifetime to them.
The post-recession employment landscape has changed. Professionals are required to be nimble and prepared for anything, and employers should follow suit. Your professional development initiatives should focus on each employee’s personal improvement, helping prepare them for the future, even if it’s not guaranteed to be with your company. As we discussed Monday, making learning part of your internal brand works wonders for productivity and business impact. Mentorship is another way to unselfishly invest in your team’s growth, and the perfect way to establish that frank discussions about career growth–at your company or beyond–are welcomed and even encouraged. The best leaders help their team grow, even if it doesn’t directly serve their business.
Image via (cc) Jetstar Airways
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