Definition of Career

Succession of related jobs, arranged in hierarchical order through which a person moves in an organization. Process of increasing an employee's potential for advancement & career change. Process of planning the series of possible jobs an individual may hold in the organization over time & facilitating the progression.

Career Development

Significance of Career Development

Reduces employee turnover by providing increases promotional avenues.

Improves employee morale & motivation. Enables organizations to man promotional vacancies internally Provides increased satisfaction of work to employee & their better utilization Makes employees adaptable to changing environments Increased loyalty & commitment by employees

Stages of Career Development process

1. Exploratory Stage 2. Establishment Stage 3. Maintenance Stage 4. Stage of Decline

Career Anchors

Managerial Competence
Technical/ Functional Competence Security & Stability Creativity & Challenge Freedom & Autonomy

Identity & Recognition

Power, Influence & Job Control

Steps in Career Planning Process

Preparing personnel skill inventories Developing career paths Put right man at right place

Impart training
Review & Counseling

Succession Planning
Succession planning is done to ensure the availability o right managerial person at the right time in right positions for continuing organizational vitality & strength.

Steps of Succession Planning

1. Prepare & develop a managerial staffing plan for all anticipated needs in different time frames. 2. Staffing & development covering recruitment, selection, placement & training.

Well structured grooming process

3. Ensure congenial organizational environment to retain desired managerial personnel. 4. Develop good performance appraisal system to get feedback on managerial performance. 5. Preparation of mgt resource inventory covering personnel dates, performance records, skills, career paths etc.

Managerial Development

Succession Planning is ineffective without management development

A scientific training process for managers & executives to enrich their knowledge & skills to make them competent in managing their organizations effectively. Aim at developing conceptual & human skills of managers through organize & systematic procedures.

Characteristics of Managerial Development

Continuous process
Knowledge updating activity Vehicle for attitudinal change Stimulant to higher competence Deficiency improver

Self Development Process

Thus suitable Career Development & Succession Planning followed by Managerial Development Programmes reinforce HRP process in a big way.

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