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Building a career development strategy may be the single most important consideration you need for your organization and employees. Why? Because humans have a fundamental need to grow and have a feeling of accomplishment. This is especially true for work life. Contrary to the popular belief that people leave an organization because of a bad manager, research suggests that the most significant contributor to turnover is poor career development opportunities.
Historically, organizational strategies to build career development plans have been to organize jobs as a hierarchy: stepping stones to move linearly up the corporate ladder.