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Internal mobility
Explore Internal Mobility Solutions. Boost Employee Growth and Enhance Talent Retention.
What is Internal Mobility?
Internal mobility refers to the movement of employees within an organization, encompassing lateral moves, promotions, or even role changes. In the context of Professional Service Automation (PSA), it’s about efficiently reallocating resources based on skills, availability, and project requirements.
It involves the strategic allocation of talent to meet evolving client needs, boost employee development, and enhance overall efficiency. Through effective internal mobility, organizations can maximize the skills and expertise of their workforce while maintaining a competitive edge in the dynamic landscape of professional services.
Importance of Internal Mobility
Internal mobility can help businesses to develop a more agile and adaptable workforce. In the rapidly changing world of PSA, businesses need to be able to quickly redeploy their resources to meet new challenges. Internal mobility programs can help businesses to do this by making it easier to move employees between different roles and teams. Internal mobility is crucial for several reasons:
1. Employee Retention: It provides career growth opportunities, reducing turnover.
2. Skill Utilization: Ensures that the right skills are applied to the right projects.
3. Cost Efficiency: Reduces the costs associated with hiring and training new employees.
4. Flexibility: Allows organizations to quickly adapt to changing project needs or client demands.
In the realm of PSA, where project dynamics can change rapidly, internal mobility is a cornerstone of resource management.
Importance of Internal Mobility
Calculating Internal Mobility
Formula:
Internal Mobility Rate = Number of internal moves in a period / Total number of employees at the start of the period × 100
Example:
If a PSA firm starts the year with 100 employees and witnesses 20 internal moves, the internal mobility rate is:
Rate=20/100×100=20%
Internal Mobility vs Other Related Concepts
1. Internal Mobility vs External Hiring: While internal mobility focuses on reallocating existing resources, external hiring brings in new talent from outside.
2. Internal Mobility vs Employee Turnover: Turnover refers to employees leaving the organization. High internal mobility can reduce turnover by addressing employee needs within the company.
3. Internal Mobility vs Employee Exit: Employee exit is a subset of turnover, specifically when employees leave for reasons other than retirement or end of contract.
| Concept | Description | Importance in PSA |
|---|---|---|
| Internal Mobility | The process of employees moving within an organization to different roles or departments, often for career development or skill enhancement. | Promotes employee growth and retention, allows for knowledge transfer, and fosters a dynamic workforce. |
| Project Management | The application of processes, methods, skills, knowledge, and experience to achieve project objectives. | Essential for planning and executing projects efficiently within PSA, ensuring timely delivery and resource allocation. |
| Resource Management | The allocation and optimization of resources, including employees, equipment, and materials, to maximize productivity and efficiency. | Crucial for PSA to match the right skills with project demands, avoid overallocation, and maintain a balanced workload. |
| Talent Development | The process of enhancing employees’ skills, knowledge, and competencies to improve their performance and career growth. | Supports employee growth, making them more versatile and valuable within a PSA context. |
Application of Internal Mobility
Internal mobility is applied in various ways:
1. Project Allocation: Assigning employees to projects where their skills are most needed, using tools like Gantt charts.
2. Skill Development: Identifying gaps and providing training, ensuring that employees are prepared for diverse roles.
3. Feedback Mechanisms: Using platforms like Employee 360 to gather feedback and understand employee aspirations.
Ready to Optimize Your Internal Mobility?
KEBS, a leading PSA software, offers tools to enhance internal mobility. KEBS provides insights into resource availability, skills, and project requirements, ensuring optimal allocation.
Platforms like Employee 360 integrate seamlessly with KEBS, providing insights into employee aspirations. KEBS project management software ensures that resources are effectively utilized, and projects are delivered on time. By integrating with finance management software, KEBS ensures that internal mobility decisions are cost-effective.
KEBS Resource Management
Ready to optimize your internal mobility strategy? Contact KEBS today or request a demo to see how KEBS can transform your PSA operations.
