When it comes to a great Experience, Growth Matters
Growth sits firmly in the Felt Experience in our Framework and relates to whether people feel they can grow and develop while working for you.
Why Growth Matters
Did you know that poor processes can actually stunt growth?
According to our latest People Experience Insights Report, companies with unfavourable scores in organisational effectiveness scored 14pp lower on growth overall and 19pp lower for “I believe that I can grow while I’m employed here”.
Not only does growth relate to feeling competent and utilising your skills to their fullest potential, but it also fuels employee confidence, resilience to stress, and the ability to embrace change positively.
It's no wonder that growth is a key motivator for employees!
The Numbers Don't Lie
Unfortunately, our report reveals a concerning trend: growth is the lowest scoring felt experience dimension for most employees.
Around half of respondents believe they can grow with their current employer.
Here are some significant statistics from the report:
- Only 49% of employees feel that they can grow while employed at their current organisation.
- 65% believe that their job allows them to make full use of their knowledge, skills, and abilities.
- 86% agree that their work challenges them to be at their best.
Key Elements of Growth
To help you address this crucial area of employee experience, let's break down some important elements of growth. 🔍
Knowledge and Skills Development
Employees crave opportunities to learn and develop their skill sets. As an employer, you can foster growth by providing:
- Training and development programs
- Continuous learning opportunities
- Access to resources and mentors
- Skill-building projects
Supportive Leadership
Employees need to feel that their line managers genuinely care about their growth and well-being. To foster supportive leadership:
- Encourage regular feedback and coaching sessions
- Create an open and transparent communication culture
- Provide guidance and guidance for career progression
Challenging Work
Engagement thrives on challenges! Ensure your employees have meaningful work that pushes them to unleash their full potential:
- Assign projects that stretch their abilities
- Promote cross-functional collaborations
- Encourage innovation and out-of-the-box thinking
- Recognise and reward achievements
Take Action: Fuelling Growth in Your Organisation
Now that we have explored the significance of growth and its key elements, it's time to take action!
Here's what you can do to promote growth in your organisation:
- Assess your current organisational processes and systems. Identify any areas that may be limiting employee growth and make improvements accordingly.
- Invest in learning and development programs. Provide your employees with the resources and support they need to enhance their skills and expand their knowledge.
- Foster a culture of open communication. Encourage regular feedback, listen to your employees' aspirations, and provide opportunities for growth discussions.
- Empower your managers to be growth advocates. Provide them with training on coaching and mentoring skills and emphasise the importance of supporting their team members' growth journeys.
Remember, unlocking growth is not only beneficial for your employees but also for the overall success of your organisation. By creating an environment that nurtures growth, you will cultivate a highly engaged and motivated workforce that propels your company to new heights! 🚀
So, what are you waiting for? Start implementing these strategies today and watch your organisation thrive! #UnlockGrowth #EmployeeEngagement #FutureForward
If you need further guidance or have any questions, feel free to reach out to our team for support. Together, we can unlock the full potential of your organisation!
Ready to sprout some serious business growth? 🌻 Reach out here