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A successful employee development strategy plays an important role in growing a company’s competitive advantage. Showing interest in an employee’s individual growth and development, within and outside of the company, is key to retaining top talent. There are many ways to create an employee development plan, but the best plans are typically multifaceted. Employees are one of the company’s greatest assets, so what are we doing to develop and retain them?Successful companies understand that one of the keys to remaining competitive in the market is developing a strategy to attract and retain top talent. That strategy should involve employee engagement through communication, acknowledgement, and opportunity. Creating a platform for things like training, mentoring, and coaching will allow for an environment where employees can grow and succeed. Not only will this strategy help engage employees, but it will improve the overall employee experience.
Providing employees with training opportunities can help maintain an engaged and technically proficient staff. When planning training programs, companies should consider some of the following questions:
Engage employees by asking what kind of training they would find beneficial. Cross-training can be useful in transferring knowledge among employees. Setting goals like learning, performance, and behavioral objectives can be valuable in assessing the results of training.
Employees need – and want – clearly defined goals from management. Coaching provides the opportunity for management to get the desired results by guiding employees. This can be done by taking the time to convey specifics, checking in, and giving feedback on projects. It is important to have a conversation throughout the entire coaching process, instead of just giving feedback on the results. The following guidelines should be considered when coaching employees:
While coaching is a short-term process, mentoring provides for long-term growth and development. Experienced managers can share their knowledge and provide guidance to potential future leaders of the company. It is important to enlist the help and guidance of the company’s current leaders in developing such a program. This will allow for a solid mentoring program ingrained in company culture. Mentoring programs can provide the following benefits:
For more information on this and other HR-related topics, please contact Clearview’s Human Resources Consulting team at [email protected], or call 410-415-9700.
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