is the systematic process by which one selects career goals and path to these goals In the context of organization, it means helping the employees to plan their career in terms of their capacities within the context of organization’s needs. It involves designing an organizational system of career movement and growth opportunities for employees from employment stage to the retirement stage Individuals who can fill planned future positions are identified and prepared to take up these positions. Career planning terminology • Career goals: the future positions on strive to reach as part of a career • Career path: the sequential pattern of jobs that form a career • Career progression: making progress in one’s career through promotions • Career counselling: guiding and advising people on their possible career path • Career development: the personal movements an individual makes to achieve • Career management: the process of designing and implementing plans to enable the organization to satisfy employee needs and allow individual to achieve their career goals Characteristics of career planning • Career planning is a process of developing human resources rather than an event • It is not an end in itself but a means of managing people to obtain optimum results • Career planning is a continuous process due to an ever changing environment • Career planning is an individual’s responsibility. Nevertheless it is the responsibility of an organization to provide guidance and counselling to its employee in planning their career and in developing and utilizing their skills and knowledge • The aim of career planning is integration of individual and organizational goals. Objectives of Career planning • To attract and retain the right type of persons in the organization • To map out careers of employees suitable to their ability and their willingness to be trained and developed for higher positions • To ensure better use of human resources through more satisfied and productive employee • To have a more stable workforce by reducing labour turnover and absenteeism • To increasingly utilize the managerial talent available at all levels within the organization • To improve moral and motivation by matching skills to job requirements and by providing opportunities for promotion • To achieve high productivity and organizational development Process of Career Planning • Identifying individual needs and aspirations: an objective analysis of the hopes and aspirations of different categories of employees is done. It is necessary to identify and communicate the career goals, aspiration and career and anchors of every employee. Appraisal of employee is carried out to identify employee having the necessary potential for climbing up, promoted and take up higher responsibilities • Analyzing career opportunities: future plans and career system of the employees are analyzed to identify the career opportunities available within it. Career path can be determined for each job for each job position. It is necessary to analyze career demands in terms of knowledge, skills, experience, aptitudes • Identify match and mismatch: identify congruence between individual current aspirations and organization career system is developed. Specific jobs are related to different career opportunities. Such matching help to develop realistic career goals for both long and short-term • Formulating and implementing strategies: alternative strategies and action plans for dealing with mismatch are formulated and implemented e.g. creating new career paths, changing employee needs and aspirations, training and development o suitable people so s to meet needs of individual and organization. • Review career plans: a periodic review of career plans is necessary to know whether the plans are contributing to effective utilization of human resources in which direction the organization is moving. Advantage of career planning • Help an employee know the career opportunities available in a organization • Enable employee to select the career most suitable to his potential and aptitude • Retain hard-working and talented employees • It anticipate future vacancies that may arise due to retirement, resignation, death etc. • It facilitate expansion and growth of the organization- people to fill job vacancies in future can be identified and developed in time Making career planning successful • Top management support • Clear goals • Proper selection-selection of right job is essential for career planning • Proper age balance –unbalance age structure causes promotion blocks which hampers career planning • Fair promotion policy • Continuity-career planning and development should be carried out on a continuing basis so as to take care of changing needs of both individual and the organization
Of All The Tasks of Management, Managing Human Components Is The Central and Most Important Task Because All Else Depends On How Well It Is Done"..rensis Likert