Current Situation
A majority of enterprises view career development as wholly the responsibility of the individual employee and think that helping employees only serves to sow discontent.
Goals and Objectives
Companies need to recognize first that helping employees plan for their future is not a threat. Rather helping employees envision their career path and helping them skill up for the next job lowers the need for external hiring and raises employee engagement.
Technology Deployed
This use case is supported through software that intelligently parses and matches required job skills to employee skills possessed. Systems improve through repeated matching via machine learning.
Use Case Summary
Intelligent career development enables employees to create a career path and build a plan for their future with the company through intelligent matching. Career development builds loyalty between employees and the enterprise, which translates to lower turnover, higher employee engagement, and reduced need for external hires.