Career Planning

What All does it costs?

Introduction

Career: Herbert Simon defines career as “an honorable occupation with one normally takes up during his/her youth with the expectation of advancement and pursues it until retirement

Career planning and development is a means by which an organization can sustain or increase its employees productivity and at the same time preparing them for a changing world.

According to Milkovich and Boudreau

Career development = Career management + Career planning

Objective of career planning

Identifying and making clear opportunities available.

To reduce employee turnover. To Increase productivity. To identify the career stages and enhance

the motivational level. To achieve the organisation’s goal by

providing the employees paths to reach higher order needs.

Career Planning Flow & Stages

Career Planning Career Goals

Career Paths

CareerFeed Back

Retirement

Needs Safety, Security Physiological

Safety, Security

Achievement esteem, autonomy

Esteem actualization

Self actualization

Age 20 25 30 45 55 65

Career Stages Exploration Establishment Advancement Maintenance

Career stages and Important needs

Scope Of Career Planning

Human Resource forecasting and planning Career Information Career Counseling Career Pathing Skill Assessment training Succession Planning

Involvement of the employer and employee

Employees need to be aware of the organizational opportunities.

Importance of career planning

Efforts are insincere Look for immediate benefits Lack of interaction with hired agencies Impracticability in introduction No system to evaluate Bureaucratic model of organization

Why a career plan could fail !

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