• Building career capital: developing business leaders’ career mobility

      Wond, Tracey; Brown, Cathy; Hooley, Tristram; University of Derby; Evolve Consulting Services Limited, Nottingham (Emerald Insight, 2020-05-20)
      Career theorists have been increasingly occupied with role transitions across organisations, neglecting role transitions undertaken within single organisations. By exploring in depth the aspects of career capital that role holders need to facilitate their own organisational role transition, this article builds upon career capital theory. Adopting an interpretivist approach, this study explores the experiences of 36 business leaders who have undertaken a recent role transition within a United Kingdom (UK) construction business. The article empirically characterises 24 career capital aspects, clustered into Knowing Self, Knowing How and Knowing Whom. It argues that these aspects are important to internal role transitions and compares them to mainstream career capital theory. In addition, the concepts of connecting, crossing and investing career capital are introduced to explain how career capital supports such transitions. This study proposes a new career capital framework and refocuses debate on organisational careers. It is based on a single organisation, and it organisations. The article explores the implications of the new career capital framework for business leaders and organisational managers who wish to build individual and organisational career mobility. This study proposes a new, empirically-grounded, career capital theoretical framework particularly attending to organisational role transitions.
    • Building career capital: Helping workers to enhance career mobility in uncertain times

      Wond, Tracey; Brown, Cathy; University of Derby; Evolve Consulting Services (Sciendo, 2019-01-17)
      There is evidence that organisational career role holders are changing roles more frequently. Despite this, career theories such as the career capital lens have so far neglected this role transition context. By adopting the lens of career capital theory specifically, this paper explores what aspects of career capital roleholders need to facilitate their own voluntary, sideward or upward role transitions. Drawing upon an interpretivist approach and using event-based narrative interviews, this study explores the experiences of 36 business leaders who have undertaken a recent role transition within a large UK construction business. By applying this novel career capital lens, the paper empirically characterises those aspects of career capital important to internal role transitions and com-pares it to existing mainstream career capital theory. The study is original in that career capital has not been applied before in this increasingly importanttransition context. Surprisingly, whilst the study demonstrates that career capital eases transitions, it also recognises a ‘dark side’ – career capital aspects that hinder internal movement.
    • Building career mobility: A critical exploration of career capital

      Brown, Cathy; Wond, Tracey; University of Derby (NICEC, 2018-10)
      Work transitions can be stressful to those who experience them, and yet are happening more frequently, as the notion of a job for life fades. Ensuring smooth and successful work transitions is therefore in the direct interests of individuals and, indirectly, employers. Using the career capital construct, this article explores how work transitions can be better negotiated by individuals. After introducing career capital, the article progresses to critically review two theoretical frameworks of career capital. To illustrate the discussion, one individual, a business leader in a wider study we are undertaking, is introduced to exemplify and illuminate our discussion of career capital. The article concludes by offering strategies to support career capital development.