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Perhaps the biggest selling point to executives for creating formal career paths and ladders is the talent crunch. Many factors influence the need for an organization to embrace formal career paths and career ladders, including: Inability to find, recruit and place the right people in the right jobs; Employee disengagement; Employee demands for greater workplace flexibility; Lack of diversity at the top; A multigenerational workforce; Limited opportunity for advancement in flatter or smaller organizations; and Organizational culture change.
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