Section Two... These managerial challenges and their
solutions are crucial to the success and long-term
survival of every high tech firm. The changes...
require different and sometimes counterintuitive
management skills and practices.^81
A human resource problem for the future will be to
develop career paths for professionals. To move up in an
organization, professionals have traditionally pursued an
administrative track. Since they are often unprepared for
management or administrative careers, they may not find such
work satisfying. As a result, dual career ladders are sometimes
provided, one in management and the other within the
professional work.^82 Planning for career progressions for
professionals will require greater attention to the development
of alternative tracks that will satisfy the needs of both
professionals and their employing organizations. Large public
accounting firms provide a remark-able example of turnover
problems among professionals. A study of one such firm found
that retention rates, after 60 months with the firm, ranged from
6 to 29 percent.^83 A challenge for the future will be to develop
career tracks for professionals that will enhance organizational
loyalty.