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A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 1
fuel50.com
Careers in t...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 2
Josh Bersin
Trends in H...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 3
Human Capital Trends
Jo...
HR 2017—Bersin by Deloitte predictions for the year aheadCopyright © 2016 Deloitte Development LLC. All rights reserved. 4...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 5
Digital Disruption
A Ne...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 6
Siri Cortana Watson Ale...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 7
Robots
Average cost bel...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 8
Impact of Robotics and ...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 9
12%
17%
19%
21%
22%
22%...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 10
Why skills matter so m...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 11
Shift Toward Social Sk...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 12
50% of Millennials wil...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 13
“Over 300 years of eco...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 14
Career development is ...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 15
Research Highlights
Da...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 16
Shared responsibility:...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 17
from career paths to c...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 18
from full-time balance...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 19
From coaching to more ...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 21
from focus on actions ...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 22
The Framework
Elements...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 23
The 7 elements of care...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 24
4 approaches to career...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 25
The Career Management ...
Ingersoll Rand – Career Progress
Michael Martin
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 27
Key Facts: Ingersoll R...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 28
Industrial Brands
Clim...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 29
Career Development: an...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 30
What is Career Progres...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 31
My Career
Navigator
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 32
Explore
Paths
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 33
Success
Profiles
Succe...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 34
• Implemented My Caree...
A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 35
fuel50.com
Careers in ...
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Careers in the 21st Century (Webinar by Fuel50 and Bersin by Deloitte)

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There is no one right way to approach career management. Strategies for moving workers into, around, and even out of the organization have changed drastically in the past ten years and largely depend on the goals of both the worker and the company.

However, companies with effective career management initiatives have some similarities. They tend to approach career management holistically – considering more than just role descriptions and career paths – and they focus heavily on alignment with organizational goals and needs.

Check out this deck from our webinar, or view the recording at https://www.fuel50.com/events/careers-21st-century/

Published in: Recruiting & HR
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Careers in the 21st Century (Webinar by Fuel50 and Bersin by Deloitte)

  1. 1. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 1 fuel50.com Careers in the 21st Century This is not your parents’ career management BERSIN BY DELOITTE WEBINAR Hosted by Fuel50 home.bersin.com
  2. 2. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 2 Josh Bersin Trends in Human Capital & Career Dani Johnson Career Management Framework Michael Martin Careers at Ingersoll Rand
  3. 3. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 3 Human Capital Trends Josh Bersin
  4. 4. HR 2017—Bersin by Deloitte predictions for the year aheadCopyright © 2016 Deloitte Development LLC. All rights reserved. 4 Demographic and political upheaval: Millennials make up more than half the workforce. Boomers working into their 70s and 80s, and a new wave of nationalism. Digital technology infiltrates our lives: Technology is disrupting business models and radically changing the workplace and how work is done. Need to increase speed and employee experience: Engagement is flat, people are distracted, hierarchical structures are going away, yet speed is increasing. Career and social contract with employees changed: Employees now demand rapid career growth, compelling and flexible workplace, purpose, and increased earnings.e of purpose at work. Forces disrupting organizations today Source: MIT Deloitte Research, 6/2015 “Aligning the Organization for its Digital Future”
  5. 5. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 5 Digital Disruption A New Industrial Revolution 90% of organizations surveyed by MIT and Deloitte anticipate their industries will be totally disrupted by digital trends. Source: MIT Deloitte Research, 6/2015 “Aligning the Organization for its Digital Future”
  6. 6. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 6 Siri Cortana Watson Alexa Viv The Future of Work Robotics, AI, sensors are here
  7. 7. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 7 Robots Average cost below $25,000. China purchasing 150,000 in 2016 to deal with shrinking workforce In 1900 41% of US jobs were in agriculture. It’s around 2% today. There is no fundamental economic law that guarantees every adult will be able to earn a living solely on the basis of sound mind and good character. - Daniel Akst, “What we can learn from anxiety about automation”
  8. 8. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 8 Impact of Robotics and AI on Work Jobs Shift to Skills Which Are Essentially Human Source: Talent for survival Essential skills for humans working in the machine age, Deloitte UK 2016
  9. 9. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 9 12% 17% 19% 21% 22% 22% 27% 29% 31% 37% 60% 88% 83% 81% 79% 78% 78% 73% 71% 69% 63% 40% Not/somewhat important Important/very important Deloitte Human Capital Trends Ranking of 2017 trends by importance Note: Ratings for “The augmented workforce” and “Robotics, cognitive computing, and AI” both relate to the broader trends on “The future of work” discussed in this report. Percentage of total responses Organization of the future Careers and learning Talent acquisition Employee experience Performance management Leadership Digital HR People analytics Diversity and inclusion The augmented workforce Robotics, cognitive computing, and AI Organization of the future Careers and learning Talent acquisition Employee experience Performance management Leadership Digital HR People analytics Diversity and inclusion The augmented workforce Robotics, cognitive computing, and AI Source: Human Capital Trends 2017, Deloitte Consulting, LLP
  10. 10. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 10 Why skills matter so much Source: U.S. Bureau of Labor Statistics
  11. 11. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 11 Shift Toward Social Skills and Hybrid Jobs For data For data science and analytics positions: • 9% require “creative skills” • 29% require “teamwork skills” • 22% require “problem solving” • 27% require “writing skills” • 29% require “research skills” Source: Bersin by Deloitte research with Burning-Glass Technologies
  12. 12. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 12 50% of Millennials will live to age of 100, expect 10-12 jobs by age of 38 Half-life of technical skills is approximately 2 years 37% of working people believe they will change careers within 5 years Change in the nature of a Career Only 29% of companies believe careers in their company are 10 years+, 44% say less than five years 83% of companies believe they will have “open careers” within 3 years, only 19% have structured careers Life expectancy of Fortune 1000 firm is less than 15 years
  13. 13. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 13 “Over 300 years of economic history, the principal and most enduring mechanism for distribution of wealth and reduction in inequality is the diffusion of skills and knowledge.” And this has become an issue with engagement and brand The learning curve is the earning curve
  14. 14. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 14 Career development is key to retention Millennials rate development the #1 job benefit 6% 6% 8% 14% 19% 22% 0% 5% 10% 15% 20% 25% Greater vacation allowance Retirement funding Free private healthcare Cash bonuses Flexible working hours Training and development Millennials in the workforce For Millennials, “Training and development” is the most coveted job benefit Percent indicating job benefit in first place Source: Human Capital Trends 2017, Deloitte Consulting, LLP
  15. 15. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 15 Research Highlights Dani Johnson
  16. 16. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 16 Shared responsibility: • Worker – drives the process • Manager – supports and guides • Organization – sets expectations, builds infrastructure from worker owned to worker owned, org supported Responsibility for career:
  17. 17. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 17 from career paths to career progression Movement around the organization: • More movement in general • More emphasis on development, and development is not always UP • “Experience collecting” and “attribute building”
  18. 18. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 18 from full-time balance sheet workers to diverse sources Expanded workforces: Traditional: • Full time balance sheet employees • Part time / seasonal workers • Contractors • Consultants Non-traditional: • Higher ed partnerships • Retired workforce • Contingent workers (the gig economy) • Externships/internships/apprenticeships • Open innovation competitions / crowdsourcing
  19. 19. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 19 From coaching to more visibility and guidance Visibility & communication: • More aligned internal & external messaging • Worker awareness of opportunities and development • Multiple channels of communication about career management
  20. 20. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 21 from focus on actions to focus on alignment Alignment: • Several elements to successful career management • Alignment rather than individual actions • More than one way to do career management
  21. 21. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 22 The Framework Elements & approaches
  22. 22. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 23 The 7 elements of career management What are organizations are paying attention to? Paths PeopleEnablersProgression Preferences Sources Leadership Messaging Infrastructure Development
  23. 23. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 24 4 approaches to career management Structured Flexible Open Transitory Focused on preparing & moving workers through well-defined career paths designed to follow the organizational structure. Focused on moving workers through fairly well- defined levels of an organization, while providing flexibility in career paths and job descriptions to accommodate development & organizational needs Focused on facilitating the work by assembling the most appropriate talent. Movement based on worker interest and organization need. Often used in team environments. Focused on facilitating the work by finding and utilizing the best talent sources – either external or internal
  24. 24. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 25 The Career Management Framework
  25. 25. Ingersoll Rand – Career Progress Michael Martin
  26. 26. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 27 Key Facts: Ingersoll Rand Company Headquarters • Incorporated in Swords, Ireland. • North American Headquarters and Corporate Center is located in Davidson, North Carolina. New York Stock Exchange • Been listed continuously on the New York Stock Exchange since October 11, 1906. • 16th oldest company and the 12th oldest continuously listed company on the NYSE. • Stock ticker is IR. Company History • 147 years old. The company was founded when Simon Ingersoll patented the steam-powered rock drill in 1871. • First incorporated on June 1, 1905.
  27. 27. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 28 Industrial Brands Climate Brands Ingersoll Rand Brands
  28. 28. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 29 Career Development: an existing need Employees want more focus on career development: Employee engagement survey results consistently tell us we have opportunity to improve important growth and development areas, including: I can achieve my career goals at this company. The company has effective processes for developing people. I am supported in taking advantage of available career opportunities.
  29. 29. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 30 What is Career Progress? • Greater visibility to possible career development moves and experiences • Online tools and resources to enhance career development • A common framework to organize jobs consistently across the company • Manager tools to facilitate better career discussions and guidance • A foundation for succession planning and building stronger talent pipelines GROWING OUR PEOPLE TO GROW OUR BUSINESS CAREER FRAMEWORK Standard job architecture Rewards methodology CAREER MANAGEMENT Success Profiles including key experiences and common career moves My Career Navigator
  30. 30. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 31 My Career Navigator
  31. 31. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 32 Explore Paths
  32. 32. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 33 Success Profiles Success Profiles for roles include the key experiences to be gained, competencies and level of skill needed, common career moves in and common next moves
  33. 33. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 34 • Implemented My Career Navigator for 20,000+ salaried employees in March 2016 • Career Framework rollout completed in October 2016 including career pathing functionality in My Career Navigator • Translating content into 6 additional languages in 2017 • 60%+ of salaried employees to date have utilized My Career Navigator • Focused on integrating and ingraining new resources into our existing processes • Feedback has been positive, will be monitoring specific development and career items on our 2017 Employee Engagement survey Implementation
  34. 34. A Framework for Career ManagementCopyright © 2016 Deloitte Development LLC. All rights reserved. 35 fuel50.com Careers in the 21st Century This is not your parents’ career management WEBINAR BY FUEL50 & BERSIN BY DELOITTE Join us for our next webinar in the series on the 20th April with IBM’s Gordon Ritchie - Disrupting the Career Ladder home.bersin.com Get your copy at fuel50.com/ book

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