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I want to know more about
Foote Partners Professions/Retention Services: Click
here
Practice Area: Professions and Retention Services
Professions
programs are key to IT worker retention and linking human capital
expenditures to business strategy. Foote Partners helps you build
them.
Smart
employers are developing and executing robust internally branded
employment strategies for attracting and growing IT talent. Even more
important, they’re using these strategies for retaining IT professionals
at a critical time in the history of the IT profession.
These
strategies typically marry total compensation, professional development,
performance management, work/life balance, non-monetary and recognition
elements into an overall retention program tuned to corporate culture,
organizational goals and performance philosophies. Professions
programs are direct
connections between business strategy and human capital management.
A
recent study by Foote Partners involving 164 North American and European
employers discovered that employers are implementing new-generation
professions and retention programs for their extraordinary effectiveness in
delivering:
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Long-term
retention solutions
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Cost-effective,
high-value professional development
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Staffing
strategies tightly linked to business needs
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Decision
models for labor strategies: outsourcing, offshoring, hiring
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Profession/retention
programs: The great recruiter neutralizer.
These
programs are particularly effective at neutralizing the influence that a
good executive recruiter can have in convincing talented IT professionals
to considering looking elsewhere. Well-run professions programs help lock
in those who are ambitious about their career direction and professional
development -- exactly the kind of workers that recruiters target most.
What are Professions
Programs?
Professions
programs reorganize
thinking about tech worker employment, emphasizing broad, horizontal IT roles
instead of job titles. Professions examples: Consulting, Architecture, Project
Management, Client/Engagement Management, and various IT Specialists (software engineering, solutions architects,
security, service management, Linux, Microsoft, storage technology and many more). Career models and paths can then be more logically defined, and
global standards defined for attaining skill proficiency in technical,
business, and 'soft' skills necessary to moving workers through promotion
paths. Professions map out how workers can logically jump career paths instead of
simply climbing up the ladder in their current path---a big deal given how
IT careers are currently migrating.
Professions
programs
can be as simple as well-organized communities of interest (sometimes
called communities of professions) to promote cross-learning for IT professionals
seeking to manage their careers and enhance
their value to their employers. At their most robust, professions
programs integrate career models / paths, learning programs, knowledge
management, performance management systems, and compensation, with
business strategies, customers, and market development. They
typically outline structured internal certifications processes and lots of
tools and methods aimed at hiring and developing IT talent to match
business needs.
For
employers who are continually faced with decisions to outsource, offshore,
or hire/retain the IT talent required to execute business plans,
professions/retention programs are guide decisions. For IT workers who wish to accelerate
their "promotibility" in a single career track or jump to
another job or career path apart from where they now are, these programs
are mandatory.
How Foote Partners helps you build Professions and Retention Programs
Foote Partners' combines a
variety of well-tested proprietary tools and methodologies with a team of consultants,
researchers, and analysts experienced in profession and retention program development and execution.
 | Assessment:
We begin by putting you through a few exercises to assess capabilities
and risks. You'll see how you stack up against other
employers who have developed successful professions and retention programs, and
we'll examine elements of each already in place
that can contribute to an overall professions and retention
environment.
Part 1 -
Profession and Retention Programs Risk
Evaluator:
A
self-assessment tool that takes 15 minutes to complete. We use
the results to compare you against success factors from
employers who have already developed solid professions and retention
programs. You may stop here or progress to Part 2.
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| Exactly
how at-risk is your company for stepping on 'employment landmines' that
can cause the loss of key IT employees to other companies?
Our Profession
Programs Risk Assessor
is a quick and efficient tool
you can use for measuring your company's
preparedness and capabilities against key best/better practices at
more than one hundred companies who have developed these programs.
Click on the link above for a free Assessor. |
Part 2 -
Foote Partners Assessment:
We'll go deeper, with internal interviews and information collection
sufficient to establish the groundwork for the project management,
stakeholder management, human resources, communications, organizational
transition management, and program elements of proposed profession and
retention programs.
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Briefings:
Profession
and retention programs are as varied as corporate cultures and organizational models.
There are countless options available for addressing a variety of
PP- and retention related missions and objectives, and for adapting to time exigencies,
spans of influence, IT/business alignment, career path models, IT roles,
budgets, and customers.
In this phase you'll learned what's possible and help narrow down your program goals and objectives.
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Plan development and strategy: We work closely with you to develop a realistic strategy
and a detailed execution plan that specifies all program components
and timeline, but most importantly a strategy and tactics for gaining
executive, management, and organizational support for the changes
necessary to blend profession and retention programs into the corporate
environment. We use as our guide the examples of such programs that
have been successfully implemented at other companies, including some or
all of the |
--Compensation
and total rewards
--Career models/paths
--Enterprise project management
--Knowledge
management
--Learning organizations
--Staffing
strategies
--Performance management
--Internal communications
--Human resource management
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Execution: Most Professions Program implementations derail
in this phase: employers cannot secure and maintain the
stakeholder support required, or they've underestimated the rigor
necessary to manage organizational change and transition strategies.
Foote Partners will recommend the best approach based on the rigorous
assessments and evaluations conducted in earlier stages, and offer the
services of a senior team of seasoned professionals experienced in
transition and organizational management. Moreover, we will
augment your team Foote Partners stable of former corporate executives
and consultants skilled in program development and execution in the
following disciplines: |
--Compensation
and total rewards (professional, executive)
--Career models/paths
--Enterprise project management
--Knowledge
management
--Learning organizations
--Staffing
strategies
--Performance management
--Internal communications
--Human resource management
Supporting Consulting
and Advisory Practices
The Professions and
Retention Services practice is further supported by four Foote Partners
consulting practices that have for nearly a decade assisted a variety of
clients in their IT workforce management solutions.
IT Human Capital
Management
Our
Human Capital Management
practice will assist
you in building an IT agenda that leverages new
technology, proven management processes, and strategies for human capital
management of full-time employees, contractors, consultants, and
outsourced/offshored personnel. Our team of management
consultants, IT industry analysts, and former human resources
professionals have unique qualification to help you in many key HCM areas
including:
--Transition
to new IT career paths and IT/business job rotation models
--Due diligence for offshoring/outsourcing labor balancing
decisions
--Auditing organizational
readiness and
identifying exposures
--Setting
realistic IT/HR priorities, goals, and organizational requirements
--Building HR,
IT, and business alliances
--Employing
powerful transition skills and building strong project teams
IT Compensation Services
Our IT
Compensation Survey Research
series—unmatched in the compensation survey industry for its
innovation—has been featured in BusinessWeek, New York Times, Wall
Street Journal, and dozens of IT and HR industry publications
worldwide, National Public Radio, CNN, and global Webcasts. More than 1,400
employers have purchased Foote Partners compensation surveys to benchmark
their IT workers and solve their most difficult information technology
workforce problems.
Organizational and
Transition Management
Foote Partners
offers a wide array of methodologies, tools, and processes aimed at
reducing the risks and managing performance associated with business
changes. Our Organizational and
Transition Management
practice is
staffed with a group of senior consultants and specialists experienced
in business, IT, operations, HR, and technology environments, and in internal IT/business
partnerships and organizational issues associated with
outsourcing/offshoring, mergers, acquisitions, and professions programs.
Performance
Management
Our Performance Management
practice
targets institutional performance issues associated with a wide range of
IT and business segments. We are particularly experienced in internal IT/business
partnerships and organizational issues associated with
outsourcing/offshoring, IT service delivery (ITIL, CMM, SixSigma),
and a range of initiatives where organizational metrics are critical to
the smooth operations.
Enterprise Project Delivery
Developing Enterprise
Project Delivery (EPD) capabilities is
key to achieving
success in Professions Programs as well as CRM, DW/BI, ERP, SFA, and other key initiatives.
Our
Enterprise
Project Delivery
practice brings a wide array of capabilities to companies in need of
cross-functional management and advanced
enterprise team development.
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