Career Planinng and Development

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    TALENT MANAGEMENTBY: MONICA KAPURIA

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    TALENT MANAGEMENT

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    CONSIDER..

    ..at any one time 59% of employees will be open toworking elsewhere

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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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    TALENTMANAGEMENTISCENTRALTO

    KEYBUSINESSDRIVERSINTHEORGANIZATION

    Industry

    Technology

    Workforce

    Dynamics

    LegislationCorporate

    Culture

    Competitive

    Strategy

    Growth

    Plans

    Business

    Climate

    CustomerExpectations

    Talent

    Management

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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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    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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    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

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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

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    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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