Career Management is a strategic service that assists in creating a
future for the organization and its employees. This program focuses
on developing, and growing employees for long-term advancement while
supporting organizational strategic goals. Our customized program provides
practical support for both current effectiveness and long-range achievement,
enabling employers to retain valuable talent.
Benefits of a career management program include:
Attract, Grow, and Retain Talent
Career Management is a portfolio of services that enhance the ability
of an organization to attract, grow and retain talented and committed
employees. These custom-designed programs promote increasing performance
by utilizing a blend of the appropriate assessments, one-on-one interaction,
online and targeted competency tools, competency based performance systems,
and succession planning. A Career Management program as provided by Optîmance
has measurable outcomes, specific deliverables, and a proven methodology.
An Investment in Talent and the Organization
This program is designed for companies that want to grow their own talent
and develop leadership. It is an investment in the future of the organization.
Career Management can also be used to move employees into more satisfying
work and therefore generate more productive employees.
Enhance Succession Planning
Our service is also used to enhance team functionality, retain potential
leadership talent, and plan for succession.
Skills and issues addressed by our Career Management Program encompass
a wide range of topics, including but not limited to:
- Employee and Culture Surveys
- Assessments
- Competency Modeling
- Performance Management Systems
- Development of High Potential Employees
- Executive Coaching
- Reinventing Yourself
- Retirement
- Self Employment
- Career Continuation
High-tech / High-touch Approach
Optîmance offers clients state-of-the art tools to manage and direct
their career development programs. These tools range from online
assessments, research, and contact management systems.
The Need for Career Management
The Cost of Turn-over
Studies have shown that:
- Replacing a manager costs 2-3 times the employee's
salary ($100,000 x 3 = $300,000)
- Poor management, inept people skills, employee
morale, turnover, etc. cause additional collateral damage
- The financial impact can be in the MILLIONS of
dollars.
Research shows...
- A 6.2M worker shortfall is projected by 2006
(Bureau of Labor Statistics)
- By 2008 there will be 151M jobs in the US but
only 141M people in the work force (BLS)
- Unemployment for college graduates is only
2.1% (Walker Information Study)
- One-third of the federal work force will be
retiring by 2008 (Gartner Group)
Why the shortage?
- The Aging Workforce – during the next 30 years,
the number of people 65 and older will double from 35.1M
to 70.3M (Employment Policy Foundation)
- Currently 10,000 people retire
every day (Retirement Coaching News)
- Lack of younger workers – according to a Texas
Tech University study, the U.S. workforce will significantly
decrease as baby boomers retire
- High Turnover – workers are leaving employers
more often – according to the Hudson Institute, less
than 35% of all employees are truly loyal to their organization
Result – a gap in leadership
"The US Bureau of Labor Statistics predicts that by the
year 2030, 60% of Texans will have only a high school diploma
or less." Texas State Comptroller Carole Keeton Rylander
"Our economy is making an unprecedented transition into
high-skilled, information-based industries. This has
created a disconnect between the jobs that are being created
and the current skills of many workers." US Secretary of
Labor Elaine Chao
For more information on our Career Management services, please
email or call Jim Davidson at 469.467.2897
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