What is a Career Path Plan?
A career path plan is a strategy that HR leaders and teams use to develop and advance the career paths of employees. It is designed to help employees understand their career options and grow their skills, knowledge, and competencies. The plan outlines specific objectives, actions, and measures that an organization can take to support employees in their career development. The plan also provides a framework for tracking progress and identifying areas for improvement.
What's included in this Career Path Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Career Path Plan template for?
This career path plan template is for HR leaders and teams who want to create a plan to develop and advance the career paths of their employees. The template provides a roadmap to guide organizations in creating an effective career path plan and includes step-by-step instructions to help them better understand and implement the plan.
1. Define clear examples of your focus areas
The first step in creating a successful career path plan is to identify the focus areas that you want to address. Focus areas are the primary topics that you want to address in your plan. Examples of focus areas may include developing career paths, increasing professional development opportunities, and improving performance management processes.
2. Think about the objectives that could fall under that focus area
Once you have identified the focus areas, you can start to think about the objectives that could fall under each one. Objectives are the goals that you want to achieve with your plan. For each focus area, list out the objectives that you want to accomplish.
Examples of some objectives for the focus area of Developing Career Paths could be: Increase Career Path Awareness, and Increase Career Path Opportunities.
3. Set measurable targets (KPIs) to tackle the objective
Once you have identified your objectives, you can start to set measurable targets (KPIs) to help you track your progress. KPIs are quantifiable metrics that measure the success of your objectives. For each objective, define specific KPIs that you want to achieve.
An example of a KPI for the focus area of Developing Career Paths could be: Increase number of employees using career path toolkit.
4. Implement related projects to achieve the KPIs
Once you have identified the KPIs that you want to achieve, the next step is to identify the projects (actions) that you can implement to help you reach those goals. Projects are the activities that you can complete to help you achieve your objectives and reach your KPIs.
An example of a project related to Developing Career Paths could be: Create Career Path Toolkit and Guidance.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform is a powerful tool that can help you track and manage your strategic plan. The platform allows you to create and manage projects, track progress, and measure results. With the Cascade Strategy Execution Platform, you can create a successful career path plan and realize faster results from your strategy.