What is an Employee Development Plan?
An Employee Development Plan outlines the objectives, and actions an organization needs to take in order to develop their employees and help them reach their full potential. It includes measurable goals and targets that can help track progress and success. It is focused on the employee’s professional growth and development and ensures that their goals align with the organization's objectives.
What's included in this Employee Development 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 Employee Development Plan template for?
This Employee Development Plan template is designed to help HR teams in organizations of all sizes and industries create a plan to develop their employees to perform their best in their roles. It provides a framework to help them think about their goals, objectives, and actions, and provides guidance on how to create measurable targets and track progress.
1. Define clear examples of your focus areas
Your focus areas are the broad areas of focus for your Employee Development Plan. These should be aligned with your organization’s goals and objectives and should provide guidance on the areas that you want to focus on in order to develop your employees. Examples of focus areas include Developing Employee Skills, Fostering Employee Engagement, and Strengthening Employee Well-being.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that you want to achieve within each focus area. These should be measurable and achievable goals that can help you track progress and make sure you’re on track to achieving your overall goals. Examples of objectives could include increasing employee knowledge, improving employee performance, increasing employee retention, and promoting team collaboration.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or Key Performance Indicators, are the specific targets that you want to achieve in order to measure progress and success. These should be measurable and achievable targets that can help you track progress and make sure you’re on track to achieving your overall goals. Examples of KPIs could include increasing employee knowledge from 6 to 8, increasing performance ratings from 3.5 to 4.5, increasing employee retention from 3 to 5, and increasing team collaboration from 4 to 6.
4. Implement related projects to achieve the KPIs
Projects, or actions, are the specific activities you need to take in order to achieve your goals. These should be achievable and specific actions that can help you achieve your goals. Examples of projects could include implementing learning resources, providing performance reviews, introducing career development programs, and developing team building activities.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is an easy-to-use solution designed to help organizations create, collaborate, and execute on their Employee Development Plans. Cascade provides a central hub for your team, making it easy to set goals and objectives, create and assign projects, track progress, and measure results. With Cascade, you can quickly and easily create and execute on your Employee Development Plan and see faster results.