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PRESENTATION BY
UNIVERSITY OF KARACHI
KARACHI UNIVERSITY BUSINESS SCHOOL
MBA Banking & Finance 2014
Semester II
CAREER PLANNING
What is career?Career planning is an occupation or profession, that
one undertakes for a long period of his life time &derive monetary benefits from it.
Example:If some one is painting picture for long time, but
does not expect to gain any monetary reward will be consider as Hobby rather than career.
Similarly if he paints & exhibits his painting in a gallery for prospective buyers, then painting will be consider as his profession.
What is career planning?Career planning consists of activities and action that you take to achieve your individual goals.
It is way by which one can achieve goals and ambitions successfully.
It is a difference between success & failure which always leads to satisfactory result.
It is a vision.
Career planning processes.
Career planning is simple process of self analyzing, self upgrading & improvement.Which leads you toward SUCCESS.
There are five steps to active planning.Self AssessmentExploration and ResearchDecision makingTaking actionevolution
Self Assessment
Self assessment revolves around the thoughtful consideration, reflection, and evolution of your interests, personality characteristics, values, and skills through variety of methods, such as the use of a whole host of career-related tools and instruments.
Exploration and Research
The career planning component consisting of exploration and research is all about being in information gathering mode. This is the time to explore, collect, and organize all available resources to eventually begin analyzing them to see what top option arise.
Decision making
The decision making step of the career planning process is when you put all the pieces of information carefully collected career information together as best as possible to produce a list of career related goals and options.
Taking Action
Taking action is one of those things that’s easier said than done. This stage is about literally being proactive with your career plans and following through with what you’ve decided on doing.
After you have made career related decisions and indentified your goals, keep in mind that many of the folks who achieve career success are the one who continually evaluate and assess their status. They keep track of their career progress throughout work.
Evolution
Tips for building a careerRealize your goalsNever stop learningAsk, listen and learnFulfill your current jobBuild your networkPrepare yourself
Importance of career planning
Why career planning is important?o Second chances are very rare so we
have to capitalize on the opportunity available to us.
o If you don’t plan you don’t succeed
Need of career planning
We live in competitive world, which follow the policy of survival of the fittest a.k.a “the law of jungle”. Where those who are weak are crushed by mighty.Career planning is a tool that makes a person competitive.
An individual conduct a research & the result lead to an increased awareness in the field of interest.Strives day and night to achieve the vision.More chances of becoming a dignified and a respected professionals.Less chances of becoming the “Rotten Tomato”
Benefits of career planning
Myths
Choosing a career is simple.A career counselor can tell me what
occupation to pick.Once I choose a career I will be stuck to
it.If my (best friend or brother or uncle or
neighbor) is happy in particular field, I will be too.
Source of planningoften students seeks out knowledge for career
planning from various channels. Some of these channels are listed below.
Family & friends (guidance from elders, cousins, & good friends.
Changing market trends (observation)Professional counseling (teacher, professor,
& other various professionals)Mass media (talk show, radio, etc)Following in the shoes of role model
(influence)
Conclusion
Career planning is a must for every individual in order to become successful in life.
Career planning brings out the best with in individual & helps utilize persons skills & abilities to the optimum level.
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