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The Herman Trend Alert
December 16, 2020 The Power of Career Pathing For decades now, wise Human Resource leaders have understood the value of career pathing; I remember speaking about it in my seminars in Southeast Asia for IPA in the late 1990s. Then, recently, I had a great conversation with soon-to-be-again Employer of Choice® Len Carter, CHRO of FHN Healthcare in Freeport. Illinois. Behind him on a White Board was FHNÕs impressive Career Pathways Program. Later, to get the details I spoke with Ramona Thompson, the health system's Director of HR and Professional Development. But first, a little history. . . Probably the Best Recruiting Platform. . .Ever Back in 2003, Federated Department Stores had a very impressive recruiting website called Retailology.com". I was so captivated, I wrote a whole Herman Trend Alert about it, titled "Job or Career". The store chain's website emphasized that they were looking for people seeking careers, not just jobs. The website had video testimonials of their happy and loyal employees who had climbed Federated's corporate ladder. (Using videos at that time was really a leading-edge strategy.) The site primarily targeted college students and recent graduates contemplating how they might pursue careers in retail and featured a wide range of career paths. (By the way, if you click on www.retailology.com in that Alert today, you will arrive at Macy's Career Timeline on the Macy's College site. While very effective, this site is not nearly as engaging as the previous iteration.) A Sign of Things to Come? At that time, my late partner, Roger Herman and I believed that companies would evolve to understand the value of recruiting long-term employees and that demonstrating career pathing within their organization would be a definite win for the company. This kind of long-term engagement is clearly bucking the trend of Millennials and Gen Z staying with one employer for only a few years. In spite of that fact, the most successful and well-respected employers have attempted to create these valuable career paths to hold onto their talent. . . including FHN Healthcare.
FHN's Career Pathways Program
A Role Model for Doing Training Right
Some Examples of How Career Pathways Can Work Cross Training Creates a More Flexible Workforce I have always promoted cross training to my clients. It is a win-win-win proposition. The employees win because they feel good that they have additional skills; the organization has a more flexible workforce. And if needed, FHN helps people get the additional needed certifications, while they are on the job. Clearly, having Career Pathing as a tool in recruiting makes a lot of sense and FHN's Career Pathways delivers an excellent return on investment in their low employee turnover and long employee tenure. Other employers would do well think about how career pathing could be a part of their recruitment processes as well. As the employment market heats up, using all of the tools in the HR toolbox will be critical to success. Next Week's Herman Trend Alert: Our 2021 Workplace/Workforce Forecast Every year, around this time, I draft the annual workplace/workforce forecast. We will begin the year in Normal 2.0 and end the year in Normal 3.0. Thus, this forecast will be particularly valuable and important. See you next week!
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