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7/30/2019 Career Planinng and Development
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TALENT MANAGEMENTBY: MONICA KAPURIA
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TALENT MANAGEMENT
4/25/2013
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ANAGEMENT&SUCC
ESSION
PLANNING
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CONSIDER..
..at any one time 59% of employees will be open toworking elsewhere
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ESSION
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What is Talent Management?
Comply Automate
Align
A set of processes that allow a company to increase value provided
by their human capital.
It is an automated end-to-end process of planning, recruiting,
developing, managing & compensating employees throughout
organization.
Key processes Goal alignment Candidate selection
Performance management
Employee development
Rewards delivery
Workforce is more:
Suitable
Engaged / Committed
Flexible / Adaptive
Productive
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CHARACTERISTICS OF GOOD TALENT
MANAGEMENT
Ownership and involvement
Business objectives permeate every aspect of the system
The system is measured in real business terms and results areacted upon
Hire the right people.
Acclimate new employees
Discuss career interests with employees
Identify developmental opportunities
Identify training opportunities Offer appropriate rewards and recognition
Help employees to advance
Create a workplace that has meaning and purpose
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MANAGING TALENT EFFECTIVELY
Identify key roles
Take an inventory of your talent management
skillsMeasure the right things
Set up a process-wide feedback
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THE DEVELOP-DEPLOY-CONNECT MODEL
Alignment: Connecting people to work that is motivating.
Commitment: Providing coaching and mentoring.
Capability: Developing critical skills to ensure success.
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ANAGEMENT&SUCC
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TALENTMANAGEMENTISCENTRALTO
KEYBUSINESSDRIVERSINTHEORGANIZATION
Industry
Technology
Workforce
Dynamics
LegislationCorporate
Culture
Competitive
Strategy
Growth
Plans
Business
Climate
CustomerExpectations
Talent
Management
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ANAGEMENT&SUCC
ESSION
PLANNING
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CAREER PLANING &DEVELOPMENT
Its OUR future. WE need to make our
career decision!!
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What is career planning ?
Glimpse of career planning process
How important is career planning
Career planning done by : Individuals
Organizations
Guidelines
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WHATISCAREER??
Job vs. Career
JobWhat can I do now to make money?
CareerChosen Profession for your life. Requires awillingness to get the training needed to build yourskills for the future.
A career is the work a person does. It is the
sequence of jobs that an individual has heldthroughout his or her working life E.g.occupation of nursing.
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CAREER STAGES
EXPLORATION
ESTABLISHMENT
MID CAREER
LATE CAREER
LATE STAGE/DECLINE
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ANAGEMENT&SUCC
ESSION
PLANNING
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CAREERPLANNINGWHATSTHAT??
Career planning consists of activities and actions that
you take to achieve your individual career goals
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DEEPERINSIGHT
It is the life- long process a person goes through to
learn about himself such as purpose,
personality
interests
skills
talents
Develop a self- concept, learn about careers, and
work situations
Make a career choice, while developing and coping
social skills
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CAREERPLANNING : AN ONGOING
PROCESS
Here You
Explore your interests andabilities
Strategically plan yourcareer goals
Create your future worksuccess by designing
learning and action plans tohelp you achieve yourgoals.
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CONTD..
The major focus is matching personal goals and
opportunities that are realistically available.
Career planning is building bridges from ones
current job/career to next job/career.Well-conceived career plan is flexible to
accommodate changing opportunities for
development
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HOWIMPORTANTISCAREERPLANNING?
People leave an organisation due to lack ofcareer growth
Deeper focus on an employees aims and
aspirationsDegree of clarity
Helps in identifying handicaps & the blind spotsto overcome
Significant motivatorKey retention tool
Critical human resource strategy
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CONTD
High-level vision and goals of company are
clearly made known to employees
Growth of an organisation is intrinsically linked
with the growth of an individualMatching organization vision & employees
aspirations is must
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The top management
view it as a
tool for
succession planning
The manager
sees career
planning
as a retention
And
motivational
tool
A typical
Employee
views a career
planning
Programme
as a path toupward
mobility
Win-Win situation
for all
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WHOSERESPONSIBLEFORPLANNINGONES
CAREER??
Individual
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PLANNING
Organization
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Self Assessment
Academic/ Career
options
Relevant /Practical
Experience
Job Search
Individual career
planning process
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1. SELF- ASSESSMENT
Aware of the interrelationshipbetween self and occupationalchoice
Start by:
Learning interests, abilities, skills,and work values
Listing accomplishments
Understanding physical andpsychological needs
Assessing aspirations andmotivation level
Deciphering personal traits andcharacteristics
Personality
Interests Abilities
Values
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1. SELF- ASSESSMENT
Competency Areas
Gain self-awareness
Improve self-confidence Understand time and stress
management
Develop
personal/professionalmanagement skills
Strategies For Gaining
Competencies
Take exploratory classes
Identify personality style
Identify work values
Demonstrate skills in
overcoming self-defeatingbehaviors
Identify symptoms of stress
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2. ACADEMIC / CAREEROPTIONS Investigate the world of work in greater depth,
narrow a general occupational direction into aspecific one
Start by:
Learning academic and career entrancerequirements
Learning related majors and careers toone's interests
Investigating education and trainingrequired
Learning skills and experience required Planning academic and career alternatives
Learning job market trends
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2. ACADEMIC /
CAREEROPTIONS
Competency Areas Gain research and investigative
skills
Practice decision-making, problemsolving and critical thinking skills
Increase understanding of how
abilities, interests, and valuesmatch career/academicrequirements
Strategies For GainingCompetencies
Read occupational resources
Get assistance from a counselor
Talk to people who work in yourareas of interest
Attend Job/Career Fairs and/orCareer Panels
transferable skills should be be
gained
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3. RELEVANT / PRACTICALEXPERIENCE
Gain practical experience through internships,
cooperative education etc..
Start by:
Testing new skills and try diverse experiences
Deciding the type of organization in which to
volunteer or work
Assessing likes and dislikes of work values, skills,
work environments,
Assessing if additional/different coursework or skills
are needed for your targeted career goals
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3. RELEVANT / PRACTICALEXPERIENCE
Competency Areas
Gain an appreciation forworking with individualsfrom diverse cultures
Understand and practiceethical behavior
Gain supervisory/leadership/
teamwork skills
Enhance self-managementskills
Obtain work related,transferable skills
Develop conflict resolutionskills
Strategies For GainingCompetencies
Attend relevant conferences andseminars
Become familiar with work settingsand job descriptions
Practice making decisions bysupervising a group of people
Talk to alumnus/a about your careergoals
Work part-time or during summer
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4. JOB SEARCH
Start by:
Learning how to prepare resume and cover letters, and
complete employment applications
Learning and implementing job search strategies Learning and practicing interviewing skills
Narrow your choices
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4. JOB SEARCH
Competency Areas Ability correspondent in a
coherent, professional manner
Communicate verbally in aclear, concise manner
Effectively use networking,problem-solving, anddecision making to reachcareer goals
Develop budgeting skills inrelation to the job search,travel, and relocation
Strategies For GainingCompetencies
Register with CareerPlanning & PlacementServices
Review resume with a careercounselor
Receive referrals
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Direction
Career Time
Transitions
Career planning options
Projected Outcome
ORGANIZATIONALCAREERPLANNING
PROCESS
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ORGANIZATIONALCAREERPLANNING
PROCESS
1. Direction Assessing employee wants and organizational needs
common goal setting
2. Career time
Relates to distance & speed of an employee
How far & how fast can employee move on career path??
3. Transition
Relates to changes expected to a career goal
Analyzing transition factors
Setting goals and a timetable
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CONTD
4. Career planning options
Advancement.
Lateral
Change to Lower Grade Mobility.
Job Enrichment
Exploratory Research
5. Projected Outcome
Calculate the risks attached
How well will it pay off?
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SOMEIMPORTANTGUIDELINES
Employees
Discuss any concerns regarding career or professional
development with supervisor
Its your career, take all necessary initiative
Supervisors/ Managers
Make career planning an ongoing process
Explain employees importance of growth, need for change
Personal commitment
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CONTD
Acquire skills to be a good developer
Give essential feedback to employees
Provide a work environment that is conducive
Supportive and motivational atmosphere
Organizational
Existence of supportive organizational structure
suitable to employees needs Provide resources dollars and time
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CAREER PLANNING PROCESS
TALENT MANAGEMENT & SUCCESSION
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Identifying
individualneeds &
aspirations
Analyzingcareeropportunities
Aligningneeds &opportunities
Action plans& periodicreview
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IDENTIFYING CAREER OPPORTUNITIESAND
REQUIREMENTS
Competency Analysis
Measures three basic competencies for each job: know-how,
problem solving, and accountability.
Job Progressions
The hierarchy of jobs a new employee might experience,
ranging from a starting job to jobs that require more
knowledge and/or skill.
Career Paths
Lines of advancement in an occupational field within anorganization.
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TYPICAL LINEOF ADVANCEMENTIN HR MANAGEMENT
TAL
ENTMAN
AGE
MEN
T &
SUC
CES
SION
4
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TALENT MANAGEMENT &
SUCCESSION PLANNING
CAREER ANCHORS
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CAREER CONNOTATIONS
Recognized profession
Occupational life well structured
Steady advancement in profession
career how an individuals work life develops over
time and how it is perceived by that person
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CAREER ANCHOR-DEFINITION
A Career anchor is a combination of perceived
areas of competence, motives and values that one
would not give up; it represents ones real self
Are the basic drives that give the urge to take up a
certain type of career.
Provide security & stability of career, autonomy &
independence of action, & facilitate creativity & risk
taking in individuals.
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INTERNAL CAREER AND ITS
ANCHORS
Standards measuring success different fromperson to person and society at large
Every occupation/organisation maintains hierarchy /
system of ranks and titles
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CAREER MOVEMENTS
Horizontal
Vertical
Lateral
GM
AGM - Fin AGM-Mkting AGM - HR
Branch Manager
Asst. Manager
Mgt. Trainee
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CAREER ANCHOR
Describes Self Images within the internal career
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TYPES OF CAREER ANCHORS
8 Types
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TECHNICAL/FUNCTIONAL
COMPETENCE
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Competence in some technical or functional areas
Seeks chance to apply specialist expertise
Happy when permitted or challenged in these areas
Continue developing those skills
Not interested in general management jobs as they will
have to leave their areas
Eg:- Computer programmers, specialist engineers,
technical specialists
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GENERAL MANAGERIAL
COMPETENCE
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Manage across functions at a high level
Seek prestige, power, high remuneration
Want to be responsible and accountable for total results
Technical/functional necessary learning experience
Ambition generalist jobs
No interested in a high managerial level in a function
Eg: - Administration, Division heads, Zonal heads etc
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AUTONOMY / INDEPENDENCE
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Define work in his/her own way
Wants freedom to define work
Jobs that allow flexibility
Cannot tolerate rules, restrictions
Turn down opportunity for promotions or advancement to
retain autonomy
Eg:- Consulting, Free lancing, Independent work
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SECURITY / STABILITY
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/ f
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Most important employment security/ tenure of job
Financial security (pension and retirement plans)
Sometimes willing to trade personal loyalty
not concerned with content of work
Build entire self image around management of security
and stability
Eg:- Government jobs
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ENTREPRENEURIAL
CREATIVITY
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D f i d i b i
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Dreams of running and owning business
Organisation/ enterprise built on their own abilities
Willing to take risks / overcome obstacles
Prove to the world
May work for others initially
Want their enterprise to be financially successful
All successful businessmen who started out on their own
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SERVICE / DEDICATION TO A
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SERVICE / DEDICATION TO A
CAUSE
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Contributing to the greater good is fundamental
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Contributing to the greater good is fundamental
Pursue works that achieves something of value.
Solving environment problems, harmony among people,
helping the downtrodden, tribal, underprivileged, workingfor a social cause
Fulfill values do not accept positions that take themaway
Eg: - Social workers, human rights activists,environmental activists etc.
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PURE CHALLENGE
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Thrive on novelty, variety and difficulty
Find solutions for unsolvable problems
Win over tough opponents
To do the impossible People in challenging environments
Eg: - successful sportspersons
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LIFESTYLE
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a holistic approach to work/life balance (family,
friends, leisure etc.)
Work towards integrated whole
Sacrifices career
Definition of success is not career success
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SUCCESSION PLANNING
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SUCCESSION PLANNING
A system for filling the organizations most
important positionsnow and in the future.
Preparation for
Voluntary and involuntary terminations
Expansion and reorganization
Preparing for the creation of new positions
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MORE DEFINITIONS
Strategic, systematic and deliberate effort to develop competencies in
potential leaders through proposed learning experiences such as targeted
rotations and educational training in order to fill high-level positions without
favoritism (Mathew Tropiano, 2004)
Deliberate and systematic effort by an organization to ensure leadership
continuity in key positions and encourage individual advancement (St-
Onge, Mercer)
A structured process involving the identification and preparation of
potential successors to assume a new roles
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WHAT IS SP?
Constant change planning
An organizational journey, not a project
Ensuring continuity of leadership
Identifying gaps in existing talent pool
Identifying and nurturing future leaders
Why SP?
Organization supersede Individuals
visionaries are those who groom their young ones to take the lead
position and to take the cause of organization forward
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SUCCESSION MANAGEMENT :
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SUCCESSIONMANAGEMENT :
THE FUNDAMENTALS
Creation of a system
to track internal talent
Education
Experience Performance
Potential
Aspirations
Development needs
TALENT MANAGEMENT &
SUCCESSION PLANNING
Position Requirements
Technical
Leadership
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BALANCING INDIVIDUAL AND
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BALANCING INDIVIDUAL ANDORGANIZATIONAL NEEDS
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TALENTMA
NAGEMENT&SUCCE
SSION
PLANNING
THE CHANGING CAREER
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THE CHANGING CAREERPARADIGMS
OLD PARADIGMS Job Security Longitudinal Career Paths Job/Person Fit Organizational Loyalty Career Success Academic Degree Position/Title Full-Time Employment Retirement Single Jobs/Careers
Change in jobs based onfear Promotion highly tenure
based
NEW PARADIGMS Employability Security Alternate Career Paths Person/Organization Fit Job/Task Loyalty Work/Family Balance Continuous Relearning Competencies/Development Contract Employment Career Sabbaticals Multiple Jobs/Careers
Change in jobs based ongrowth Promotion highly
performance based
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THE PSYCHOLOGICAL CONTRACT
The overall set of expectations held by an individual with respect towhat he or she will contribute to the organization and what theorganization will provide in return.
Contributions from
the Individual
Effort
Ability
Loyalty Skills
Time
Competencies
Inducements from
the Organization
Pay
Job security
Benefits Career opportunities
Status
Promotion opportunities
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THANK YOU..!!!!!!
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TALENTMA
NAGEMENT&SUCCESSION
PLANNING