Assignment on Human Resource Management (HRM-201) Topic- Career Development Process

Submitted By:
A.G.M. Aminul Islam ID-08092101130 A.K.M. Mahmud Hossain ID-08092101134 18th Intake Section-3 BUBT

Submitted To:
Md. Johirul Islam Lecturer Department of Management BUBT

Submission Date: 02.09.2010 Letter of Transmittal

29th August, 2010 Md. Johirul Islam Department of Management Bangladesh University of Business & Technology (BUBT) Commerce College Road, Mirpur-2 Dhaka - 1216. Subject: Submission of report on career development process.

Dear Sir, Enclosed is a copy of our assignment. This report is a summary of our finding from the work that we completed during this month. We are the students of 18th intake, summer semester-2010, and section-03. According to your suggestion we have made this assignment with the help of Internet and the help of different books. Finally, we would like to thank for your valuable guidance and advice for preparing this report. We strongly hope and believe that you will be kind enough to accept this report.

Your most obedient student A.G.M. Aminul Islam A.K.M. Mahmud Hossain Group No. Section Intake Summer BUBT : 14 : 03 : 18th : 2010

ACKNOWLEDGEMENT

We would like to express our gratitude to all those who gave us the possibility to Complete this assignment. At first we want to give thanks to almighty Allah. Also we want to give thanks to our parents. Finally, we want to give thanks to our course teacher Md. Jahirul Islam.

This report is based on knowledge gathered from the future. In preparing this Report on career development process, we had take help from internet, books and other source. At last we would like to thank almighty Allah who gave us mental strength.

Acronyms
BBA Bachelor of Business Administration MBA Masters in Business Administration HRM Human Resource Management

Table of Content
serial no.
01 02 03 04 05 06 07 08 09 10 11 12 13 14

Particulars
Introduction What is career management Career development Career development process What do we mena by career development process Roadmape to success Stages in career development Career development model Career development cycle Selecting our career Why we choose this area Our career development process In which position we want to see our selves Conclusion

Page 9 10 11 12 12 13-14 15 16 17 18 18 19 20 21

Table of Figures
SL
1. 4.

Name of the Figure

Roadmap to success Career Development cycle

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13 17

Executive Summary
In this report we have explained the basic concept about career, Career development, Career Management, Career Management Model, Roles in developing our Career, Career Development Process, and Stages of Career Development Process and so on.

Also we have explained how anyone can choose his or her career, choosing my career, my career development process, Successful career tips and so on.

Introduction
Career Development is a continuous lifelong process of developmental experiences that focuses on seeking, obtaining and processing information about self, occupational and educational alternatives, life styles and role options. Put another way, career development is the process through which people come to understand them as they relate to the world of work and their role in it. This career development process is where an individual fashions a work identity. In America, we are what we do, thus it becomes a persons identity. It is imperative when educating our young people that our school systems assist and consider the significance of this responsibility for our youth and their future. The influences on and outcomes of career development are one aspect of socialization as part of a broader process of human development.

The process of career development can be both exciting and intimidating at the same time. Like many worthwhile endeavors the trick is to take it one step at a time. We view career development as a life-long process. So we are glad that you are learning how to successfully negotiate this process now.

What Is Career Management?

The process for enabling employees to better understand and develop their career skills and interests, and to use these skills and interests more effectively. Career management is the lifelong process of investing resources to achieve your career goals. Whether we are in the early phase of our work life or are a workforce veteran, we have probably heard the term career management. We have also probably heard that in the future we need to be responsible for our careers. What we may not have been told is what career management is and how we do it! Career management uses concepts similar to good financial management. A good rule of thumb to keep in mind is that a disciplined investment, made on a regular basis, yields a greater return. Although the

tactics will vary, career management focuses on two key investment assets to manage throughout our working years, our personal lifelong learning and our network of relationships.

CAREER DEVELOPMENT
Career development programs tend to have a new focus today. Corporate career development programs used to focus on the employees future with that particular firmin other words, on managing the persons career with the firm. Today the reality for most people is that theyll have to change employers (and perhaps careers) several times during their work lives. The emphasis now is thus on facilitating self-analysis, development, and management. For the employer, the career development partnership serves several functions. As two experts put it, employers provide the tools, environment, and skill development opportunities for employees, and then employees are better equipped to serve the company and build it to its potential. Career

development may also cultivate employee commitment. Often, one of the best things an employer can do to maintain employee commitment is to emphasize how the company will partner with the employee in continuously developing his or her skills and knowledge. The most attractive proposition an employer can made today is that in five years the employee will have more knowledge and be more employable than now. That should be the acid test for any career development program.

Career Development Process

The Career Planning/Competency Model animates individuals to investigate and take information that enables them to synthesize, gain competencies, take decisions, set goals and take action. Each individual fluctuates in their progress through each of these stages for several reasons. Some improve quickly through each or all of the stages while others progress more slowly. Individuals may repeat all or parts of the career development process at diverse points throughout their lives as values, interests, abilities, and life circumstances change.

What do we mean by career development process?

Career originally meant a road, or a course to be traveled. In time it began to mean a course of achievement within a profession. Through the first seventy-five

years of the twentieth century, career referred to a professional occupation yielding both money and a respected position in which one could advance. (From this perspective, some people had careers while others merely had jobs.) However, for the last quarter-century career has been viewed more broadly, encompassing work, leisure and other life-span dimensions. Now it is generally agreed that everyone has a career. Information literally refers to the communication of knowledge, usually obtained from data, or through study or instruction. Sound career decisions depend on sound information and knowledge, both about self and the world of work. Although self refers to internal motivations, interests and values, we often use formal and informal theory-based instruments to make them explicit.

Roadmap to Success!
Your roadmap to success begins with planning your career development process. There are many approaches you can take to accomplish this. The picture below represents a logical, step-by-step process designed to help you as you plan your career development process now, and anytime in the future when you want to change course. For example, you may want to be a manager in a large corporation, and then decide in a few years you'd really like to be an interior designer. Some steps will be easier for you than others. Taking time now to work through each of the steps will help build a solid foundation for your future. Writing your thoughts down can sometimes help you brainstorm ideas. Some of this may seem a little overwhelming, and with so many obligations, how will you have the time? If you set aside a small amount of time (30 minutes) each day, you will make progress.

1.

Self-Assessment. Discover your desires and passions. What would you do if money were no object? You may know exactly what you want to do. If so, move on to the next step. If you're struggling with this, there are some free and fee-based self-assessment tests

available to help you.

1.

Career Skill Assessment. This sounds similar to the self-assessment, but rather than focusing on your personality and interests, career skill assessments focus on your core job strengths and weaknesses. Again, there are free and fee-based career skill assessment tests available to help you with this step.

2.

Setting Your Career Objective. Now that you understand your personality, interests, skills and strengths, it's time to make a decision! You may want to explore different career options to discover your best choice.

3.

Career Development Plan. The nuts and bolts of planning your career development process. Set goals and timelines based on your career objective. Look at an example career development plan , or use the career development plan template to help you work through this step.

4.

Implement Career Development Plan. It's action time! If your plan involves a career change, use the navigation bar on the left to help you through your career search, resume, cover letter and job interview questions.

5.

Get the Most Out of your Career. To get the most out of your new career, planning strategies and learning skills will help you get to the next level. We've also created a free e-course to help you with this step of the process.

By planning your career development process, you're well on your way to your perfect career. Knowing your strengths and skills, along with having a plan, will give you the confidence and motivation you need to make a positive change

THE STAGES IN CAREER DEVELOPMENT

Exploration: Represents pre-employment stage. Ends for most individuals in mid-twenties. Directions by the parents, teachers, friends, film, etc has great influences. In this period the number of expectations of ones career is developed. Exploration Establishment: This stage covers about 10 years from the age of 25. In this stage the individual looks for job & tries to get settled in some organization. Consists of uncertainties and anxieties, and increased responsibilities. During this stage person tries to establish a place in society & work for career advancement. Work at a lower level Establishment Mid-Career: This stage is a lot of challenges and stressful. Search for new life goals. Get greater responsibilities and attractive and appreciable rewards. Level where employer identify talents for higher position. Mid-Career Late-Career:

Stage continues for about 20 years from mid- forties. Career graph of an individual may be characterized by growth Holding senior position Individual having varied experience& learning Decreased work mobility and will be locked in their current jobs. Late-Career Decline: Stage after the age of 65. Individual is forced to step out. High achievers are teased by inactivity and non-creativity. Retirement in imminent. Decline

Career Development Model

Step One: Self-Assessment The first step in the Career Planning Model comprehends to accumulate information about you to attend in making a decision about a career. You should elaborate an understanding of self including values, interests, aptitudes, abilities, personal traits, and desired life style, and become aware of the interrelationship between self and occupational choice.

Step Two: Academic/Career Options The second step permits individuals to explore the world of work in a bigger proportion, narrow a general occupational direction into a concrete one through an informed decision making process, and declare a major.
Step Three: Relevant/Practical Experience In Step III individuals estimate occupational alternatives and obtain practical experience through internships, cooperative education, relevant summer employment, volunteer work and campus activities. Besides, more precise decisions about occupational choices are made.

Step Four: Job Search/Graduate School Preparation Individuals prepare for and commence managing a job search, or apply to graduate or professional schools.

Career development cycle:

"Who am I?" If youve been thinking about your career path and know you want a career change you may wonder: Where do I start? Typically, this process starts with selfassessment. Understanding who you really are is critical to effective career planning. Breaking this down can be helpful:

Skills: what skills do I have? And which do I really enjoy using? Just because
youre good at something doesnt necessarily mean you like doing it.

Interests: what excites me? What interests me enough that I dont realize the
passage of time while I am engaged in it?

Values: what things do I believe in? What motivates me to work?

Personality: who am I? What are my personal preferences? Set goals: From your self-assessment and exploration you should have a clearer
idea of what you are looking for. Now is the time to set some goals. This includes identifying specific action steps that will move you forward.

Act: Sometimes people get stuck looking for the perfect action step. Remember
that any step forward is an accomplishment.

Because this process is a cycle, after taking action you should re-assess how your plan is going. You may need to alter your goals a bit. Perhaps you stumble across a different occupational path that appears to be a better fit for you. Use this information to ensure your path is taking you where you really want to go.

Selecting our career:

Any body cannot know what they will be in future. But every have an expectation and they would like to make a bright future. And then they do there work according to the road map. But at first we have to select our goal. However, we choose our career goal. But we can't figure out what we want until we figure out a bit about whom we are - what make us happy; what do we want to achieve; what do we want out of life and/or our career? We shouldn't have to pay to realize who we are and what we want to be. This is the hardest part of choosing a Career - knowing ourselves and what kind of environment suits us best. But, in this position we want to be a successful business man.

Why we choose this area:

In every moment, every where there have to business. To consume any product, to purchase any goods, to earn profit, to make employment, or some other side business is related. By the business a person can be a self employment. Every part in our life business

is related. By the business a person can earn profits and in his organization he can give the job to many unemployment people, he can do social work by given better service. To import or export of any product or goods there is business. By the business there may be a good relationship between each other or each country to another. If a business organization can make more profits then the government can get more taxes. So business is most important for any country or country people. Thats why we like to be successful business men. We want to help people, country and government and we would like to spend a batter life.

Our Career Development process:

This is a hub in which we created our own career development plan. Our plan includes the following: Before setting a reasonable career course, many find it important to take an inventory of their current capabilities. During our personal skill assessment, we determined that we have the ability to work hard, manage people, and give different ideas for any project and to implement a plan of action to correct problem areas. We also have knowledge of organizing, managing and controlling processes, as well as exceptional of employee and customer service skills. As we determine the best opportunities for our future career development, we have to understand how to best utilize our strengths. In the same way, we must also understand our weaknesses and choose to engage in training or stay within the boundaries they create. Likewise, we must evaluate both our desires and the opportunities that surround us. Now we are studying BBA in major of HRM and after completing our BBA program we would like to go abroad to get MBA degree. We already have some small business. We think it will be help our increasing knowledge about managing business. And also help us to make a good business curriculum.

In which position we want to see our selves:

At the end of our career development we want to see our selves as a successful business man. As a BBA student we have a great opportunity to fulfill our goal. Every person likes to fulfill there future target. And it is also our target. In future we would like to help our selves. Also we want to help our unemployment people, our country and out government. Now we are preparing ourselves to make our dream, to fulfill our goal.

Conclusion

At last we can say that, career development process is essential elements of a manager to establish his or her career position. A manager need a proper career planning and career management. If we will be make a business than we will take a proper career planning and manage it to reach goal. So that, a student should be prepare for his future position. Career development is a complex process-one that receives little attention until a student is deciding a major & when a person is looking for a job. This is unfortunate because ideally one should be exposed to the process of career development throughout primary & secondary school & continuing throughout life.

Recommendation
It is my career development process. So whatever I should recommend, it is explained in the body of the report. As a future HR manager I can suggest to all it is very impotent to setting a goal and do work as plan.

Bibliography

Dessler Gary, Human Resource Management, Latest edition. Mifflin, Human Resource Management, 7th edition DeCenzo, Robbins, Fundamentals of Human Resource Management, Latest edition. www.google.com www.wakipidia.com