Exploring the Tour of Duty: Is Your Company Prepared for this Employment Model?
- December 7, 2021
- 0 Comments
In the 20th century, the world of work experienced a significant evolution. Initially, employees sought “jobs-for-life” characterized by loyalty and stability, while employers offered steady career progression.
However, the latter part of the century saw turbulence, marked by events like the dot-com bubble and 9/11, which led to economic slowdowns and widespread layoffs. This period reshaped attitudes towards job security, with many prioritizing personal career advancement over long-term organizational loyalty.
The concept of “Tour of Duty,” popularized by LinkedIn co-founder Reid Hoffman, adapts military terminology to corporate settings. It involves structured contracts lasting two to five years, focused on achieving specific objectives within a set timeframe.
During a Tour of Duty, employees commit to advancing organizational goals, leveraging professional networks to drive business growth. Rather than viewing turnover as a threat, employers encourage employees to cultivate industry-relevant skills and connections.
At the end of each tour, both parties assess accomplishments and discuss future collaborations. This approach fosters an entrepreneurial spirit among employees, who continuously update their skills to remain competitive.
For companies like ABEX, Tours of Duty attract top talent eager to make meaningful contributions. This model not only motivates employees to excel but also enhances their professional development, aligning individual aspirations with organizational success.
In essence, the Tour of Duty model promotes agility and performance, offering a strategic approach to talent management in a dynamic business environment