Career Development and Transition

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main purpose of preretirement and postretirement programs?

To reduce the workforce

To help employees deal with problems and transition to a useful retirement (correct)

To increase employee retention rates

To promote early retirement

Why have many organizations used early retirement?

To increase diversity in the workplace

To provide opportunities for second careers

To promote employee retention rates

To reduce their workforces due to economic factors (correct)

What is mobility in the context of career development?

The demotion of employees to lower positions

The promotion of employees to higher positions

The movement of employees to a new organization

The movement of employees to new career and development opportunities within the same organization (correct)

What is one of the benefits of mobility for a business?

Savings in time and money on hiring externally Signup and view all the answers

What role do Human Resources professionals play in enabling mobility?

They understand the competencies of their employees and the needs of the business Signup and view all the answers

What is an example of mobility in the workplace?

Filling a vacant position from the existing pool of internal candidates Signup and view all the answers

What is a potential outcome of mobility for employees?

Advancement in their career and addition of new skills Signup and view all the answers

What is the ultimate impact of mobility on a business?

A positive impact on the bottom line Signup and view all the answers

What is the perspective that views lives and careers as cycles of structure and transition?

A view that emphasizes the importance of flexibility in an individual's career Signup and view all the answers

What is one of the emotional adjustments faced by retirees as a result of losing their work group?

Need to belong to a new social structure Signup and view all the answers

Why do some organizations experiment with phased retirement?

To help individuals transition to retirement more smoothly Signup and view all the answers

What is the benefit of viewing careers as cycles of structure and transition?

It helps individuals adapt to changes in their careers and acquire diverse skills Signup and view all the answers

What is one of the challenges retirees face when they no longer have a work agenda dictating their daily activities?

Managing their own time and activities Signup and view all the answers

Why do past achievements quickly wear thin as a source of self-esteem in retirement?

Because they are no longer relevant to the individual's current life Signup and view all the answers

What is one of the ways retirees can satisfy their territorial needs?

By creating a new personal space or 'turf' Signup and view all the answers

What is one of the challenges retirees face when they no longer have an organization providing them with goals?

Setting their own goals and objectives Signup and view all the answers

What is an example of an intradepartmental transfer?

Moving from a sales development assistant to an account executive assistant position. Signup and view all the answers

Why are new roles created in a growing business?

To meet the demands of expansion and growth. Signup and view all the answers

What is the main purpose of mentorships in internal mobility?

To develop a broader skillset in an employee. Signup and view all the answers

What is a job swap in internal mobility?

A temporary switch between two employees to develop their skills. Signup and view all the answers

Why are supplementary projects assigned to employees?

To help employees develop their skills and prepare for a promotion. Signup and view all the answers

What is the benefit of internal mobility to employees?

It helps them develop a broader skillset. Signup and view all the answers

What is an example of interdepartmental transfer?

Moving from a sales assistant to a marketing assistant position. Signup and view all the answers

What is the importance of internal mobility in an organization?

It benefits both the organization and the employees. Signup and view all the answers

What is one of the benefits of businesses that rank in the top-quartile for ethnic diversity in their executive teams?

They are 36% more likely to have industry-leading profitability. Signup and view all the answers

What is the purpose of Spotify's 'missions' program?

To help develop and prepare talent for future job changes Signup and view all the answers

What percentage of businesses prefer to borrow people with certain skills from other companies rather than recruit full-time staff?

60% Signup and view all the answers

What is one of the benefits of internal mobility programs?

Filling skills gaps promptly within the organization Signup and view all the answers

What is the result of businesses that rank in the top-quartile for gender diversity amongst executive teams?

They are 25% more likely to outperform on profitability Signup and view all the answers

What is the purpose of internal mobility programs according to the text?

To foster diversity on all levels of the organization Signup and view all the answers

What is the outcome of enabling internal mobility in an organization?

Increased innovation and idea generation Signup and view all the answers

What is the benefit of Unilever and Vodacom's digital marketing exchange program?

It provides new perspectives and sparks ideas Signup and view all the answers

What is an internal mobility program primarily focused on?

Designing and implementing a process for moving around internal talent Signup and view all the answers

Why is it important to have people who understand the company brand and variety of skills in the organization?

To make solid judgments on whether a candidate is a good fit for a role Signup and view all the answers

What is the primary goal of cross-training employees?

To increase an employee's skillset and improve organizational flexibility Signup and view all the answers

What type of employees are ideal for cross-training, according to IDEO?

Employees with a solid working knowledge of numerous areas Signup and view all the answers

What is the purpose of considering different types of internal transitions?

To develop a solid internal mobility program that encompasses more than promotions and transfers Signup and view all the answers

What is one benefit of cross-training, according to the text?

It makes organizations more agile Signup and view all the answers

What is job shadowing, in the context of internal mobility?

A type of internal transition Signup and view all the answers

How does implementing an internal mobility program affect the bottom line?

It boosts the bottom line Signup and view all the answers

Study Notes

Career Development and Retirement

Careers and lives can be viewed as cycles of structure and transition, requiring flexibility and diverse skills.
Retirement can require major adjustments, including self-management, finding new ways to belong, replacing work achievements with new sources of self-esteem, and satisfying territorial needs.

Emotional Adjustments in Retirement

Self-management: adjusting to being self-directed after retirement.
Need to belong: finding new social structures to replace work groups.
Pride in achievement: finding new sources of self-esteem beyond work achievements.
Territoriality: finding new ways to satisfy territorial needs beyond office, company, and title.

Mobility in Organizations

Mobility is the movement of employees to new career and development opportunities within the same organization.
Examples of mobility: promotions, intradepartmental and interdepartmental transfers, new roles, mentorships, job swaps, and supplementary projects.

Benefits of Mobility

Facilitates diversity and innovation in the workplace.
Provides opportunities for skills development and upskilling.
Enables the timely filling of skills gaps within the organization.
Catalyzes innovation and the flow of ideas within the company.

Implementing a Mobility Program

Building an internal talent acquisition taskforce to manage internal mobility.
Cross-training employees to increase their skillset and organizational flexibility.
Considering different types of internal transitions, such as temporary job rotation programs, job swaps, job shadowing, mentoring, and cross-team projects.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

This quiz explores the concept of career development as a cycle of structure and transition, highlighting the importance of flexibility and acquiring diverse skills in the face of downsizing and early career plateaus.