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Abstract
Purpose – There is a need for project management practitioners to adapt and thrive in today’s volatile,
uncertain, complex and ambiguous (VUCA) project-based workplaces. In this paper, the linkage between work
readiness and career resilience is developed, presenting both concepts as critical for effective strategic
responses and adaptation to the changing labor market in organizations.
Design/methodology/approach – The resource-based view (RBV) and integrated dynamic capabilities
(IDCs) are the theoretical lenses that are used to link the concepts of work readiness and career resilience across
the individual and organizational levels.
Findings – A framework and model are proposed to establish a holistic understanding of catalysts for
addressing the VUCA context that organizations face. The proposed conceptual linkage adds a chronological
dimension to the formation of the interrelated dynamic capabilities during the early career phase of project
management practitioners.
Practical implications – The contribution to the project management literature includes a theoretically
driven conceptual framework that links two complementary concepts to address the career challenges faced by
project managers. Work readiness is positioned as an enabler of career resilience and together they constitute
vital attributes which foster talent retention in the current VUCA work environment.
Originality/value – Work readiness and career resilience are underexplored topics in the project
management literature, both individually and in conjunction. Specifically, there is a research gap in view of
linking these two concepts to present them as a catalyst for project management talent sustainability, and the
proposed framework is an initial step in addressing these gaps.
Keywords Career resilience, Project management, Skills shortage, Work readiness
Paper type Conceptual paper
Introduction
The volatile, uncertain, complex and ambiguous (VUCA) project labor market poses
significant uncertainties for organizations that rely on projects to deliver their strategy. In
project management, these challenging dynamics can be attributed to a range of factors,
including an impending shortage of skills, increasing turnover and challenges of employee
retention, as well as technological disruption (Schwab, 2016; Project Management Institute,
2018). Over a quarter of a century ago, the complexities and challenges faced by the project International Journal of Managing
Projects in Business
management discipline were articulated by Laszlo (1994, p. 3): “Project management is no © Emerald Publishing Limited
1753-8378
longer an organized and orderly game where the players pursue preconceived plans to achieve DOI 10.1108/IJMPB-04-2020-0129
IJMPB predetermined ends, but an ongoing play with chance and probability in an environment where
not only players but also the rules of the game, are subject to change.”
Since then, the “rules of the game” have only continued to change, with more challenges
facing the project management profession in this new century than ever before (Patil, 2016). In
the face of such a volatile environment, organizations must pay greater attention to the strategic
acquisition and retention of early career project talent when considering the combined impact of
these dynamics (Borg and Scott-Young, 2020a). Organizations that rely on projects to deliver
their strategy are facing drastic changes in the labor market and in the way that work is
evolving. First, there is an impending talent shortage juxtaposed by the growing projectification
of work (Walker and Lloyd-Walker, 2019). It has been estimated that by 2027, 22 million new
project management-oriented roles will be required across the USA, Canada, the UK, Germany,
China, India, Japan, the UAE, Saudi Arabia, Brazil and Australia, representing a 33% growth in
the required global project labor force (Project Management Institute, 2017). Furthermore, it is
anticipated that the demand for project talent will outstrip supply, potentially risking up to
US$207.9 bn in gross domestic product (GDP) in the 11 abovementioned countries (Project
Management Institute, 2017). Significant skills shortages are likely to create sizeable problems
for organizations, industries and even for entire economies.
A further complication is the high level of mobility among the newest entrants to the
workforce. Employee experience and competence in project delivery requires time to develop
(KPMG, 2017). However, a recent global survey by Deloitte (2018) found that turnover
intentions are increasing among younger professionals holding a bachelor’s degree or higher
level of education. Of millennials (born 1983–1994), 43% reported that they intended to leave
their current employment within the next two years. Only 28% were planning to remain
beyond five years. Turnover intentions were even greater for the youngest cohort of
professionals (Generation Z, born 1995 and onwards), with 61% indicating they were likely to
leave within two years (Deloitte, 2018).
Low retention rates of early career professionals threaten the ability of organizations to
maintain a competitive advantage as a result of the additional intangible and tangible costs and
time associated with replacing the loss of company-specific knowledge. The resulting need for
retraining and rehiring can generate costs equating up to 150% of a departing employee’s
annual salary (Cascio and Boudreau, 2008). Early career professionals give high priority to their
career development and view changing jobs/employers as an effective way to broaden their
experience, advance their careers, attain higher salaries or to return to study (Work Institute,
2018). Much of this turnover is attributed to career stage, highlighting the need for project
management organizations to give priority to career development opportunities for their young
graduates to proactively address the threat of early career turnover.
The third dimension of change is the recent broadening of project talent entry routes
(Borg and Scott-Young, 2020a; KPMG, 2017). Traditionally, project management has been
regarded as an “accidental” profession, whereby people fall into the role after having
accumulated years of work experience in related disciplines (Pinto and Kharabanda, 1995;
Darrell et al., 2010; Richardson et al., 2015). While the accidental career trajectory still holds
true for many project managers (Savelsbergh et al., 2016), graduates from the growing
number of undergraduate project management specialist degrees are beginning to form an
important new segment of the project management talent pool (Borg and Scott-Young,
2020a; Ramazani and Jergeas, 2015; Lloyd-Walker et al., 2016). Recently, the spotlight has
been put on the educational system and its role in preparing graduates for work life and the
transition into project workplaces (Borg and Scott-Young, 2020a; Ekstedt, 2019). Whilst
the global growth in undergraduate degrees (Study Portal, 2018) signals an emerging new
source of project management practitioners, there is little research to address how
companies can effectively utilize this promising new resource. Moreover, project
management careers in general have been identified as an area in need of further
research (Akkermans et al., 2020; Keegan et al., 2018) and this paper will contribute toward The work
addressing this gap. readiness–
Another more general challenge in work environment is the rapidly changing work
environment. From adapting to automation and the gig economy (Schwab, 2016) to
career resilience
responding to unprecedented global challenges such as the recent coronavirus disease 2019 linkage
(COVID-19) pandemic, entrants into the workforce must be well equipped to navigating
challenges in their professional careers. Early career employees may be faced with emerging
issues that are still understudied (Healy et al., 2017), let alone having been implemented in
their educational and skill development system. Within the context of project management,
there is a lack of educationally focused approaches that take into consideration the challenges
of today’s workplaces and dynamic environment. Bredillet et al. (2013, p. 1073) argue that
project management education and training is only now becoming more formalized:
One fundamental problem facing PM as a discipline is that it is as if everyone owns it but nobody
owns it. In its various iterations, it has been around for thousands of years, yet it may be that only
now are we seeing evidence of concerted comprehensive approaches to training and education of PM
professionals, who can be called upon to apply their generic knowledge and skills to areas as
disparate as mining and natural resources, human services, and construction, finance and
infrastructure support.
Moreover, in line with a study undertaken by Arup (2017) on the future of project
management, there is a predicted increase in (1) the demand for project personnel and (2) the
ability of such personnel to adapt and embrace the increasing trend of the human–machine
work environment.
On the one hand, the education system is striving to keep up to date with preparing the
next generation of project management practitioners for the workforce. On the other hand,
organizations also have to continue to foster project management talent (Borg and Scott-
Young, 2019, 2020b). Organizations’ responses to fostering talent depend on their strategic
vision, e.g. whether to increase digitilization and engage in the gig economy; whether they
engage project management talent as employees or freelancers (Jacobs et al., 2017). The
impact of these disruptions is likely to produce shifts of potential career opportunities both
within and between organizations, as well as within and between industries and disciplines
(Autor and Salomons, 2018; Goldin and Katz, 2018). Therefore, when considering work
readiness and career resilience, there is a need to take into account a wider range of potential
shocks, such as the need to switch careers or industries in the event of increasing automation
(Frey and Osborne, 2017) or dealing with new career stressors in the case of the gig economy
(Australian Government Productivity Commission, 2016).
The combined impact of the growing global demand for project management
practitioners, the forecasted skills shortage, high levels of early career mobility, alternate
entry pathways to project management and the introduction of new technologies at work,
necessitates further research on the dynamics of work-ready skills and sustainable career
trajectories. It is critical for organizations to pay more attention to the strategic talent
management of their early career project management practitioners in terms of their
acquisition, development and retention. With projects and programs being drivers for
fulfilling an organization’s strategic initiatives, the importance of managing the talent
required to implement such changes has never been more critical (Project Management
Institute, 2014). Therefore, it is essential for organizations to recognize the value of project
management talent and to develop their ability to harness and nurture this talent.
Ekrot et al. (2016) argue that organizations require a stable pool of talent with project
management competencies to ensure the success of project delivery. Therefore, this paper
aims to explore the importance of graduate work readiness and early career resilience in
combatting the impact of the challenging dynamics of the current work environment.
IJMPB The research suggests that in addition to selecting new graduates for their technical
knowledge and skills, organizations will benefit from recruiting for work readiness attributes
which enable a seamless transition into the workforce (Prikshat et al., 2018a). The paper
proposes that work-ready skills and attributes are a necessary precursor of early career
resilience, a vital attribute in the current VUCA environment, and can foster greater talent
retention that gives organizations a competitive advantage in the face of project talent
shortages. After a thorough review of the literature, this paper proposes a theoretical
framework to extend the chronological dimension of the concept of work readiness by
integrating it with the concept of career resilience. Through introducing this framework and
the accompanying model, this paper aims to stimulate further research to support
organizations in preparing the upcoming project workforce, including new graduates, to
thrive and survive as a sustainable resource in the project management environment.
Literature review
Work readiness: defining the concept
Work readiness is recognized as an essential component of performing well, both in the job
market and in the workplace. Within scholarly research, work readiness is defined as the
possession of a range of generic skills and attributes to prepare graduates to face their general
and specific challenges at work in addition to their formal education (Borg and Scott-Young
2020b; Prikshat et al., 2018a). From an employer’s perspective, work readiness is defined as
encompassing a mixture of values, behaviors and skills which facilitate a successful
transition into the workplace (Business Council of Australia, 2016).
Since the 1980s, the notion of work readiness for graduates is accepted for boosting the
economic competitiveness of nations (Azevedo et al., 2012). Although the term is at least 40
years old, the concept of graduate work readiness is considered to be hard to both define and
quantify (Boden and Nedeva, 2010; Borg and Scott-Young, 2020b). In line with the
understanding that employability and work readiness encompass a set of skills, Cavanagh
et al. (2015) noted that among the skills valued by employers are effective communication,
adaptability, commitment, a willingness to learn, time management, good interpersonal and
people skills and an ability to accept different perspectives and consider others’ points
of view.
In the employability discourse, the literature has sought to define employability in
alignment with what is valued by employers. In their review of the literature, Molla and
Cuthbert (2015) rationalized that the ability of graduates to obtain satisfying employment is
affected by a number of factors which include the possession of transferable employability
and work readiness skills. Graduate transferable skills encompass the ability to work
cooperatively with others, to think critically, to communicate effectively and to plan for the
entire career (Mollaand Cuthbert, 2015). According to Finch et al. (2016) and Prikshat et al.
(2018a), such graduate work-ready capabilities can be classified into four categories,
including intelligence, personality, meta and job-specific skills. These capabilities are
conceptualized as valuable resources that can be mobilized to provide a distinct competitive
advantage for early career project management graduates to enable them to secure
employment, make a smooth transition into the workforce and to succeed in their project
work roles. Moreover, according to the resource-based view (RBV) of the firm (Barney, 1991),
work readiness skills can also have a direct impact on the contribution of the employee to the
workplace, representing integrated dynamic capabilities (Teece et al., 1997), which in turn
provide a source of competitive advantage for employers. As a result, this research uses the
theoretical lens of the RBV and integrated dynamic capabilities (IDCs) to examine the career
trajectory of project management practitioners in view of the changing dynamics of the labor
market conditions and the nature of work.
Work readiness in project management The work
By role definition, a project management graduate may have managerial responsibilities on readiness–
day one in the industry. As projects are catalysts for achieving the strategic goals of
organizations, project management graduates have the responsibility of leadership
career resilience
engrained within their role (M€ uller and Turner, 2010). It is recognized that significant linkage
project management skills and capabilities are prerequisites to a modern approach to work
(Konstantninou, 2015). As a result, the topic of project management competencies has been
gaining increased attention (Gallagher et al., 2015; Pacheco do Vale et al., 2018) from industry
and researchers alike. Therefore, it is imperative that higher education institutions offering
undergraduate degrees in project management prepare their graduates to be work-ready,
thus equipping them with the ability and knowledge required to thrive as project managers
(Borg and Scott-Young, 2020a). It is understood that work-ready graduates will possess the
values, behaviors and skills to enable them to successfully contribute to the development of
their profession (Prikshat et al., 2018b). It is thus expected that project management graduates
who are work-ready will potentially make positive contributions to both the project
management sector and their respective organizations.
In the face of the forecasted project management skills shortage, the work readiness of
graduates entering the profession is paramount to the growth and supply of the project
management workforce. However, the work readiness of project management graduates is
an area where little research has been undertaken (Borg and Scott-Young, 2020a, b; Borg
et al., 2017). Furthermore, the extant literature indicates a prevalent skills gap across all
professions, between the competence of the students who are graduating from university
and the skills that employers are looking for in their entry-level jobs (Molla and Cuthbert,
2015). This pinpoints the reality that graduates entering the workforce may not be work-
ready. As a result, project management graduates may not be equipped to make a smooth
transition into the workforce, which poses a significant problem given the projected skills
shortage. This finding highlights the importance of organizations paying particular
attention to the rigorous assessment of job applicants’ work readiness skills when recruiting
new graduate talent. Moreover, organizations themselves may have responsibilities beyond
simply recruiting the early career project management professionals; organizations may
better ensure their graduates are work-ready by investing in their new employees.
Organization- and indeed, industry-specific knowledge may be best gained through
mentoring by members of the organization who have experience working across a range of
projects and environments (Le Blanc et al., 2017; Staudinger and Bowen, 2011). In this way,
we posit that work readiness may not be the responsibility of the graduate or the university
educators alone; organizations may be better to ensure work readiness in the project
management discipline by ensuring that new entrants into the profession are supported to
reach the level of expertise required in the workforce of tomorrow. Thus, work readiness
may be better ensured through organizations-led initiatives such as mentoring of
inexperienced project professionals.
Career
Performance
Chronological extension
Impact of work readiness
of work readiness
attributes on responses
to shocks during the Potential future
career paths
career (i.e., career
resilience) Career
shocks
Work entry
shock as a
specific
Figure 1. career shock
Proposed framework
connecting work
readiness and career
resilience
Time
impact of automation. However, at this stage, the focus of this paper remains on the early The work
career portion of the framework. readiness–
career resilience
Modeling the relationship between work readiness and career resilience in the early linkage
career stage
To unpack the specific relationship between work readiness attributes and resilience at the
early career stage, a model has been developed and is presented in Figure 2. Drawing again on
the RBV, the model adopts Finch et al.’s (2016) and Prikshat et al.’s (2018a) conception of the
RBV and IDCs at an individual level to explain how work readiness attributes can be accessed
and reconfigured as resources that can be utilized by early career employees to cope with
rapidly changing work environments. Work-ready capabilities (such as intelligence,
personality, meta and job-specific skills) are conceptualized as resources that can be
mobilized to provide a distinct competitive advantage for early career project management
graduates, enabling them to secure employment, make a smooth transition into the workforce
(Finch et al., 2016; Prikshat et al., 2018a) and to succeed in their project-based roles. In this line
of thinking, Borg and Scott Young (2020a) posited that work readiness is an essential
precursor to early career success for project management practitioners.
Intelligence-related resources refer to critical thinking skills that include problem-solving,
decision-making and learning from past experiences (Finch et al., 2016), all of which involve
“judgement, analysis, and synthesis; and are not applied in a rote or mechanical manner”
(Halpern, 1998, p. 451). Personality resources encompass relatively stable personal traits that
constitute to “individual differences in characteristic patterns of thinking, feeling and
behaving” (American Psychological Association, 2018). Personality resources such as
openness to experience and conscientiousness are related to career success (Finch et al., 2016).
Metaskills resources are generic skills that are necessary in any work environment and
“include listening, communication, teamwork, adaptability, social sensitivity, managing
relationships, time management, goal-orientation, and task completion” (Finch et al., 2016,
p. 65). Finally, job-specific skills resources relate to the technical knowledge, proficiencies and
passions that are specific to a particular professional context (Finch et al., 2016).
There is already initial evidence to suggest that some of the different components of work
readiness may be related to career resilience. For example, Arora and Rangnekar (2016)
studied the relationship between career resilience and the Big Five personality factors
(openness to experience, conscientiousness, extraversion, agreeableness and emotional
stability), finding that only openness to new experiences was related to the career resilience of
Indian managers. Although not studying work readiness per se, Kodama (2017) found that
the ability to cope with problems and changes, strong social skills and optimism (often listed
MENTORING CO-WORKER
Psycho-emotional SUPPORT
Career
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