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1 | ¤ 2010 RiseSmart, Inc. 1 | Confidential ¤ 2013 RiseSmart, Inc. Career Empowerment: Building an Empowered Workforce Carl Rhodes, CEO, Human Capital Institute Karen Stevens, Vice President of Practice Strategy, RiseSmart

Career Empowerment: Building an Empowered Workforce

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Human Capital Institute and RiseSmart teamed up and created a fact-filled report on the hottest HR trend right now: Career Empowerment!

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Page 1: Career Empowerment: Building an Empowered Workforce

1 | 2010 RiseSmart, Inc. 1 | Confidential 2013 RiseSmart, Inc.

Career Empowerment: Building an Empowered Workforce

Carl Rhodes, CEO, Human Capital Institute Karen Stevens, Vice President of Practice Strategy, RiseSmart

Page 2: Career Empowerment: Building an Empowered Workforce

2 | 2010 RiseSmart, Inc. 2 | Confidential 2013 RiseSmart, Inc.

Karen Stevens

Vice President of Practice Strategy RiseSmart

Carl Rhodes

Chief Executive Officer Human Capital Institute

Page 3: Career Empowerment: Building an Empowered Workforce

3 | 2010 RiseSmart, Inc. 3 | Confidential 2013 RiseSmart, Inc.

Research Methodology Defining Career Empowerment Practicing Career Empowerment o Methods of Empowerment o Understanding Limitations o Drivers of Empowerment

Addressing Regrettable Loss Takeaways

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Secondary Research

Edie L. Goldberg, PhD., President and CEO, E.L. Goldberg & Associates

Ian Ziskin, President, EXec EXcel Group

Tom Maddison, CHRO, Xerox Corporation

33-­Item Survey distributed June July 2013

322 responses representing more than 300 organizations worldwide

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Some Participant Organizations

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Defining Career Empowerment Career Empowerment: an employees ability to control their own career

development, and pursue their own interests within their organization.

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Defining Career Empowerment

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Defining Career Empowerment

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Practicing Career Empowerment

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Practicing Career Empowerment

Career development plans Lateral career moves Job rotations Goal alignment Short-­term/stretch assignments

Mentoring programs Networking opportunities Workshops/classroom training

MANAGER ORGANIZATION EMPLOYEE

Self-­assessment tools Career development plans Goal setting exercises

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Practicing Career Empowerment

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What is limiting Career Empowerment?

Understanding Limitations

Lack of resources or funding Prohibitive time investment Lack of implementation knowledge Poor communication/mixed messages Lack of leadership buy-­in No technology in place to support Low prioritization Limitations on eligibility

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Understanding Limitations

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Drivers of Empowerment

Personally challenging

work

Constant learning

Passion for

their work

Ability to Create impact

Flexibility and

Work/life balance

Aligning personal

and company

goals

Ability to use their skills

Career success

+ +

+

+

+ +

=

Recent research by E.L. Goldberg and Associates explored how the perception

shifted across all generations and multiple industries The wants and needs of employees have changed, and the EVP has to adjust to these new values

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Where does Career Empowerment and employee autonomy thrive?

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Drivers of Empowerment

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Drivers of Empowerment

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more organizational opportunities available today, but they are taking a different form. The best learning [may come] from experience, not necessarily from

not everyone defines growth Growth is being redefined as change, breadth, and variety

-­ Ian Ziskin, President, EXec EXcel Group

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Do you track regrettable losses

separately from your overall attrition?

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Addressing Regrettable Loss

Managers

Professionals

Support Staff

Executives

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Addressing Regrettable Loss

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Addressing Regrettable Loss

Stretch Assignments

Job Rotations

Career Advancement

Professional Development

Job Postings

Self-assessment Tools

SUPPORT STAFF PROFESSIONALS MANAGERS EXECUTIVES

Job Postings Professional

Development Short-term

Assignments

Support Staff Professionals Managers Executives

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1. Everybody wants it 2. Ditch the ladder 3. Heed the risk of losing key talent 4. Refocus organizational efforts 5. Invest smartly 6. Stay tuned for this report!

Takeaways

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Thank  You.  Any Questions?

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