Professional Documents
Culture Documents
Unit - III
Theoretical perspective
Security- Job security is one of the criteria
people use to pursue certain job careers. For
example, in developing countries, one of the
reasons why many people chose to pursue
career in the public service as compared to
private sector is security of tenure and a clear
career path.
Autonomy- Some kind of autonomy in
performing work is intrinsically rewarding. This
also explains why some individuals may prefer
self-employment.
Technical and functional competencies-Mastering
ones job is itself rewarding because it creates a sense
of recognition and status from colleagues and the
management. Therefore, a person may have desire
and the motivation to achieve the highest levels of
technical and professional competencies in a
particular field and hence grow along that career.
Feeling a sense of service to others- Some jobs
give employees less exposure to the recipients of
their services, the consumers. This is typical of
scientific careers where a person may be tied to a
laboratory for hours, months and years. Persons with
the urge to serve others may not find such jobs
attractive enough like, let’s say, a social worker.
Challenging job- Some careers pose more
challenges than others. One of the reasons why
some people are ready to sacrifice their social
life to achieve scientific discovery is the drive
for achievement through a challenging job.
Lifestyle- Every human being has a lifestyle
preference and may not be willing to lose that
through career choices. For example, a person
may prefer to pursue a less rewarding job career
with flexibility to have more time to stay with
their family than have a better rewarded job.
Career Planning Process
Steps:
Self-Assessment
Exploration
Taking Action
Career Development Strategies of
Companies Succession Planning
Talent Management
Talent management is the systematic process
of identifying the vacant position, hiring the
suitable person, developing the skills and
expertise of the person to match the position
and retaining him to achieve long-term
business objectives.
Benefits of talent management for the
organization
Strategic talent management results in the
accomplishment of organizational vision.
Filtration of talented employees and retaining
of the finest ones is possible.
Talent management strengthens the
organizational structure by building strong
human capital.
It helps the organisation to succeed over its
competitors and establish a strong presence
in the market.
Benefits of talent management for
employees
Talent management initiates a positive
environment in the organisation where
employees experience job satisfaction.
Employees get a chance of learning and
improving themselves which motivates them to
perform better.
The organisation focuses on an individual’s
growth and betterment hence employees
develop a feeling of being cared for and
belongingness for the organisation.
The employees remain associated with the
organisation for a long-term period.
Employee Engagement
Employee engagement is the extent to which
employees feel passionate about their jobs,
are committed to the organization, and put
discretionary effort into their work.
Employee engagement goes beyond
activities, games, and events. Employee
engagement drives performance. Engaged
employees look at the whole of the company
and understand their purpose, where, and
how they fit in. This leads to better decision-
making. Organizations with an engaged
workforce outperform their competition.
Components of employee engagement
Engagement with the Organization
Engagement with "My Manager"
Strategic Alignment
Managing Execution
Knowledge Management
The classic one-line definition of Knowledge
Management was offered up by Tom
Davenport early on (Davenport, 1994):
“Knowledge Management is the process of
capturing, distributing, and effectively using
knowledge.” Probably no better or more
succinct single-line definition has appeared
since.
Components of KM:
Content Management
Expertise Location
Lessons Learned
Communities of Practice (CoPs)
ASSIGNMENT-4
Write short notes with examples on:
Employer branding in HRM
Golden Handshake
Culture shock & its effect