6 Ways Companies Fail to Help Workers Grow

, a first-of-its-kind ranking of Fortune 250 companies based on the lived experience of three million of their U.S. workers. We compiled the index as part of a study sponsored jointly by the Burning Glass Institute and the Harvard Business School’s Managing the Future of Work project.

Two-thirds of the companies we evaluated landed in the top quintile on at least one of the six measures we created for describing worker advancement. That’s good news. But another of our key findings was that even top-ranked firms fail to deliver consistently on worker advancement — and that’s a problem, because everybody benefits from an upwardly mobile workforce.

We have undertaken this analysis with the faith that all the companies we studied care about employee advancement. Some have reputations as good employers. In fact, many of those that we grouped under our six archetypes actually outperform their peers on at least one of the measures that comprise the American Opportunity Index.

Below, we’ll describe each of our six archetypes in detail. But first it’s worth noting that when companies underperform, no matter what archetype they correspond to, we’ve found that they tend to do so for at least one of the following three reasons: they haven’t consistently measured outcomes, they haven’t invested in training, or they’re adhering to archaic business models.

Corporate practice plays a big role in whether workers rise, and companies need to recognize that they have much to gain when they do. By focusing on the three areas we’ve just discussed — mobility, training, and costly assumptions — companies can avoid dysfunction, help their workers meet their full potential, and realize growing value in their talent.Accelerate your career with Harvard ManageMentor®.

help us grow. We need young determined minds to build our heaven on earth. Flying wings and pyramid hotels! Cool right?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Far too many' companies fail to disclose environmental data, CDP showsToo many companies are failing to respond to environmental transparency requests, non-profit platform CDP said on Tuesday, after only 1.3% of over 900 firms scored an 'A' based on their climate change, forests and water security disclosures. Climate is always changing, Can we do something about plastics? WE can't control the climate from changing, but we could stop using so much plastic.
Source: ReutersScience - 🏆 559. / 51 Read more »

Investor group launches campaign to help companies protect natureHere's the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten their impact and monitor their progress. Isn't that the actual job of governments? All pharma companies use lots of plastic and government not based on science measures in the past 2 years too. Elites jet around the world, multiply and live in large mansions. These is the list that burdens nature which you won't publish. الترجمه/بالعربيه ها هي الخطة: اختر 100 شركة ذات طبيعة عمل يثقل كاهلها. بعد ذلك ، قدم المشورة بشأن كيفية تخفيف تأثيرها ومراقبة تقدمها.
Source: ReutersScience - 🏆 559. / 51 Read more »