How to Build Successful Career Progression Plans?

A career development plan helps your workers learn new skills for their current and upcoming roles in your company. It helps you retain your employees, thus reducing the replacement cost. However, creating the right plan is not easy. Here is a step-by-step method to create an employee development plan.

• Analyze the skill gap
• Identify employees for career growth
• Align employee development plan with company goals
• Arrange training programs for learning new skills relevant to the current and future roles
• Track results and use data to make your decisions

The SMART goals for professional development provide training managers with a clear guideline for an effective training program that helps employees develop new skills for their present and future roles. SMART is an acronym that stands for specific, measurable, achievable, relevant, and time-framed goals. It helps managers create a training program for professional development of every employee.

A career development plan for your employees may look different since they can have different skills and interests. However, a few things are common while writing a career growth plan. You need to consider your business goals, and employees’ professional goals, and develop an action plan to achieve those goals. Here is an example of how you can write a career development plan for your employees.