New Research Highlights Employee Development's Role in Ensuring Business Success Amidst Rapid AI Changes
The Critical Importance of Employee Development in Today’s Business Landscape
As the world of work evolves at a breathtaking pace, the significance of career development in organizations has never been more crucial. A new report from Right Management, part of ManpowerGroup, titled 'The Career Imperative: Why Employee Growth Is the Smart Bet for Business Resilience,' sheds light on the escalating need for companies to rethink how they approach employee development in the face of rapid changes brought by artificial intelligence and shifting workforce dynamics.
Understanding the Landscape of Career Growth
The report, which forms part of the 2025 State of Careers series, builds on the insightful findings of the previous publication, 'The Career Equation: What Attracts Talent Isn’t What Keeps Them.' It lays bare the alarming reality that 40% of the skills currently possessed by workers are projected to become obsolete within the next five years. This stark statistic signifies that organizations can no longer afford to treat career development as an afterthought; it has become a business-critical necessity.
In a world increasingly governed by AI and advanced technologies, fostering employee growth is tantamount to ensuring business resilience. According to the report, organizations are grappling with a widening gap between the aspirations of their employees and the support they provide to achieve these career goals. The research highlights the employee perspective, emphasizing the necessity for employees to shape their own careers through effective support from their organizations.
Key Findings from the Report
1. Career Planning Is Broken: A dismal 40% of employees lack a career plan, and even fewer—merely 4%—have a well-documented career path. This points to a systemic failure within organizations to assist employees in mapping out their future.
2. Lack of Managerial Support: Only 20% of employees report that their managers help them visualize a career path, with a scant 15% receiving clear guidance on organizational growth opportunities. This absence of direction can lead to disengagement and high turnover rates.
3. Evolving Learning Preferences: Modern employees are moving away from traditional training programs in favor of more personalized options, such as mentoring, internal mobility, and externally sponsored courses. This evolution calls for organizations to adapt their learning frameworks to accommodate these preferences.
4. Limited Awareness of Opportunities: A significant 35% of employees remain unaware of the development opportunities available within their organizations, highlighting the need for better communication and transparency regarding career support initiatives.
5. AI-Driven Change: With nearly 39% of existing skills set to become outdated due to AI advancements, the ability to navigate career paths effectively has become a vital competency.
6. Emerging Development Models: As leading organizations develop innovative ways to nurture their workforce, skill-based structures and career navigation platforms are becoming essential tools for workforce development.
These findings underline an urgent call for businesses to develop cultures characterized by continuous learning and professional growth. Caroline Pfeiffer Marinho, SVP and Global Business Leader for Talent Solutions at Right Management, articulated that
Topics People & Culture）
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