It can cost 6x less to build talent from within than to hire externally (Bersin). Forward-looking organizations are taking action by prioritizing the development of their workers to build the skills they need while optimizing cost and investment.
Industry: Manufacturing
Revenue: $3.5B
Country: United States
The Scenario
After many years of little investment, a North American chemicals company sought to build a comprehensive career development strategy to improve employee engagement and enhance internal mobility.
The Solution
Right Management partnered with the client to shape an overall career development strategy and implemented a career management program for employees at all levels that included elements such as assessment, training and coaching in effective self-marketing and career development planning. As a result of the Right Management Career Management Program, career development has become institutionalized across the organization, and a development culture continues to grow.
The Outcome
- 2,400+ employees and 400 leaders have participated in the career management programs.
- The client has reported increased engagement since implementing the program.
- 98% of participants reported overwhelming satisfaction with the career management program.