Link of Career Planning Video

https://www.youtube.com/watch?v=tqvSHqR7pjU

Career Planning
Career Planning defined as:

 A career may be defined as ‘a sequence of jobs that constitute what a

person does for a living’.
 Career planning is the self-evaluation & planning done by a person to
have a strong career path. Career planning process in the continuous
reiterative process of understanding oneself, setting career goals,
revising skills and searching for the right career options.
 Career planning is a process of systematically matching career goals
and individual capabilities with opportunities for their fulfillment.
 Career planning is the process of enhancing an employee’s future value.
 A career plan is an individual’s choice of occupation, organization and
career path.
 Career planning encourages individuals to explore and gather
information, which enables them to syn-thesize, gain competencies,
make decisions, set goals and take action. It is a crucial phase of human
resource development that helps the employees in making strategy for
work-life balance.

Features of Career Planning and Career Development:

1. It is an ongoing process.
2. It helps individuals develop skills required to fulfill different career
roles.
3. It strengthens work-related activities in the organization.
 4. It defines life, career, abilities, and interests of the employees.
5. It can also give professional directions, as they relate to career goals.

The major objectives of career planning are as follows:

1. To identify positive characteristics of the employees.

2. To develop awareness about each employee’s uniqueness.
3. To respect feelings of other employees.
4. To attract talented employees to the organization.
5. To train employees towards team-building skills.
6. To create healthy ways of dealing with conflicts, emotions, and stress.

Benefits of Career Planning:

1. Career planning ensures a constant supply of promotable employees.

2. It helps in improving the loyalty of employees.
3. Career planning encourages an employee’s growth and development.
4. It discourages the negative attitude of superiors who are interested in
suppressing the growth of the subordinates.
5. It ensures that senior management knows about the calibre and
capacity of the employees who can move upwards.
6. It can always create a team of employees prepared enough to meet
any contingency.
7. Career planning reduces labour turnover.
8. Every organization prepares succession planning towards which career
planning is the first step.
Importance of Career Planning

Career planning is a step-wise process which enables an individual to focus

on where to want to be in life professionally. With the short-term goal and
the long-term goals in place, career planning can help to plan their journey
in their professional life. Self-assessment is necessary to understand one’s
capabilities and drawbacks. The various career options should be explored
in detail to find a fit between one’s abilities and the opportunities provided
by a career option. It involves continuous learning and improvement to
build and growth in the chosen career path. A good career planning helps
a person grow in life in their professional career, which also help them
grow personally.

Steps in the Career Planning Process

Career planning process is an important aspect for an individual’s career

development. Some of the basic steps in a career planning process are:
 1. Self-Assessment: The first step in the career planning process is self-
assessment to be done by the individual to understand his or her skills,
areas of interest etc.
2. Research on Careers: The second step in the career planning process is
to understand the career options, companies available, growth options
in career etc.
3. Set Career Objectives: The next step in the career planning is to set
short-term as well as long-term career goals for oneself, and to have
a clear career path.
4. Learn & Improve Skills: The fourth step in the career planning process
is to keep acquiring new skills and knowledge to be in line with career
objectives and with industry requirements.
5. Preparation of CV: The next step in the career planning is to be fully
prepared in terms of CV, cover letter, recommendations etc.
6. Job Search: The sixth step in the career planning process is to short-
list the companies where an individual is seeking a job & start applying.
7. Revise Career Goals: The last step in the career planning process is to
continuously evaluate the career goals and again do a self-assessment
to build a strong career path.

Hence, this concludes the definition of Career Planning along with its
overview.

Additional Concepts related to Career Planning:

Career Ladder: Career ladder refers to the vertical growth of an individual.

For example, it refers to the various positions an employee moves to as he
grows in an organization. The employee may move vertically most of the
time but also move laterally or cross functionally to move to a different
type of job role.
Career Development: Career development is the series of activities or the
on-going/lifelong process of developing one’s career. Career development
usually refers to managing one’s career in an intra-organizational or inter-
organizational scenario. It involves training on new skills, moving to higher
job responsibilities, making a career change within the same organization,
moving to a different organization or starting one’s own business.

Career Path: Career path refers to the growth of the employee in an

organization. Career Path basically means the various positions an
employee moves on one by one as he grows in an organization. The
employee may move vertically most of the time but also move laterally or
cross functionally to move to a different type of job role.

Career Centre: A career center, popular at universities and colleges, is a

center of expert counsellors who help individuals make informed career
choices. A career center provides a variety of services. Career counsellors
assist individuals in their self-assessment

Career Counselling: Career counselling is counselling or mentoring/coaching

on issues related to an individual’s career. With more and more diverse
career options and professional opportunities emerging, career counselling
helps individuals make the right choice about their career paths, career
development and career change.

Career Mobility: Career mobility refers to the movement of employees

across grades/ positions (both upward and downward) or a complete
change in occupation. Career mobility can be a result of both – the choice
of the employee or the choice of the employer.
Assignment:
Individually, you are required to make a CAREER PLANNING FOR
YOURSELF. You can consider the above mentioned 7 steps of Career
Planning & write the things for yourself. Also, write down the IMPORTANT
CONSTRAINT for your CAREER PLANNING & how will you overcome it?

Submit the individual report to mbajvims1234@gmail.com.