Career Development-Chapter 09 PDF
Career Development-Chapter 09 PDF
Career Development-Chapter 09 PDF
JHANG
Department of Computer Science
CAREER DEVELOPMENT
PLANNING
ABSTRACT
Here we will discuss the various aspects of career development
planning such as:
Career Development Planning – Introduction
Career Development Planning ─ Stages
Impact of Technology on Career Planning
Giving Career an Organic Growth
Organizational Needs for Career Growth
Mentoring as an Effective Tool
Downsizing and Lay-Offs
Managing Workforce Diversity
Succession Planning
Careers in a Global Environment
Retirement Planning
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JHANG
Department of Computer Science
CAREER DEVELOPMENT
PLANNING
INTRODUCTION
All organizations like to improve constantly. One of the biggest
channels to introduce improvements in any organization is through change.
There can be no improvements without change. The same thing goes for the
employee too. There can be no improvement in an employee’s career if he
isn’t open to change.
This acquisition of new skills helps them in gaining personal growth and
successful long-term careers. The secret to career success has been
encapsulated in the simple words, be the person with the right skills in the
right place at the right time.
WHAT IS CAREER DEVELOPMENT?
Career development is one of those rare steps that addresses the needs
of both employers and employees. Every organization wants its employees to
grow in their professional life, so that they
can mold themselves to face the future.
This is the main reason why
organizations implement training sessions
and introduce many learning curves to
integrate their vision with the employee’s
personal goals. While this process might
sound quite seamless, it does offer a lot of challenges during the
implementation. The biggest reason is the communication barrier that exists
between the management and employees in organizations.
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Department of Computer Science
STAGES:-
Here , we will discuss regarding the elements which are involved in the
career development and the planning process. In general, career building
involves two acts:
JHANG
Department of Computer Science
In this stage, many potential job-seekers also post their profiles in job
placement centers, who in turn, provide them with a list of qualifications that
employers seek in a candidate’s profile. A similar situation is found inside
the organization as well, where possible options for a position are asked to
brush up their skills.
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Department of Computer Science
GOAL SETTING
The third step in the process of career planning is that of goal setting,
where a person undergoes a period of self-assessment and investigates his
career opportunities to decide his long-term prospects in an organization. It
is important for the candidate to keep checking all his options for a viable
future.
This habit of self-assessment helps people keep their priorities in check and
keep evolving their skills as a continuous process, not an isolated, one-time
effort. Also, self-assessment helps in getting knowledge on different
functionalities in the working sphere.
JHANG
Department of Computer Science
JHANG
Department of Computer Science
This is the reason people are no longer exhibiting linear career changes
that were observed with a stable and highly-structured working environment,
but more organic and adaptive, spiral career patterns.
TRANSITORY CAREERS
Organizations expect their employees to possess the technical skills
needed to compete with the rest of the competition. But at the same time,
the changes that have come in
today’s workforce don’t allow the
employees to be satisfied with just
possessing technical skills. Those
employees who possess strong
interpersonal skills and have a
collaborative mindset will be able to
survive in an increasingly inter-
departmental style of working.
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JHANG
Department of Computer Science
JHANG
Department of Computer Science
The employees can now get a clearer idea of the areas they need to
focus on to get a wellrounded profile. It reduces their dependence on
employers and immediate supervisors to get a feedback on their
performance in the form of performance reviews. These employees also
don’t need to rely upon counsellors or on the human resources department
to get their suggestions and to get their questions answered.
JHANG
Department of Computer Science
The last point, particularly is an important one. Employees often make the
mistake of assuming that their strengths are the absolute ones. However,
even a little change in the working environment could change their strengths
into unrequired or irrelevant skills. So, it is very important to keep a reality-
check on what new skills can be learnt, in tandem with the ones that an
employee already uses at work, so that the employee can be prepared for the
future changes in the market.
JHANG
Department of Computer Science
ORGANIZATIONAL NEEDS
An important shift in career management has taken place in the recent
years. where a person gets all his instructions from the immediate
supervisor. Organizations now depend on their board only for the vision and
mission of the organization.
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JHANG
Department of Computer Science
Once the supervisors become the People’s Person that their company
wants them to be, they will be able to address some of the most pressing
issues that organizations predict they will face in the immediate future. Some
of these issues are:
The numerous strategic issues that organizations face over the next three
years.
The organization’s most pressing needs and challenges within next three
years.
The critical skills and knowledge needed to address these challenges.
The ideal staff capacity and qualification needed for this.
The capability of management to address the issues.
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Department of Computer Science
JHANG
Department of Computer Science
communication they had with their mentors through the queries and opinion-
sharing.
Organizational restructuring
Reengineering
Delayering
Economic downtrends
PITFALLS OF LAY-OFFS
Layoffs were used as a way of increasing profits, but downsizing
employees alone itself does not yield profit. As per Wayne Casio’s Research,
companies which produce new revenue by expanding staff and other assets
earn more profit than those who follow the layoff strategy.
But, going for temporary workers makes us question what is the best
way to manage these employees' career in this 21st century. There are
different benefits given by the companies like lower labor costs or increase
in staffing flexibility might be tricky if the temporary employees are not
skilled enough or are less devoted towards their work.
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JHANG
Department of Computer Science
In addition to this, benefits for skilled individuals like job variety and
personal growth might make the company run into losses, if the temporary
workers become wandering underclass in the labor pool.
Conflicts
Social Exclusion and
Job Mobility
JHANG
Department of Computer Science
Presently labor market has become the new workforce majority; issues
of equality and fair treatment have increased the responsibility of managing
diversity. However, some old stereotypes continue tagging “appropriate”
work roles for women and minorities, even among group members
themselves, because of which they have not been able to speed their
movement into management.
Very often it is seen how women and minorities can move upward, just
so high in the management, plateauing before they reach the senior levels.
Even though the reason behind this glass ceiling phenomenon is not
completely understood, but what we do get is, proper training and
development for these individuals should take their special needs into
account.
GLASS CEILING INITIATIVES
Glass ceiling may occur due to highly subjective behavior of the top-
level management. As all the candidates are well qualified, selection is often
based on interpersonal skills and comfort, especially with people at the top
not willing to let others take hold of important responsibilities.
JHANG
Department of Computer Science
opportunities, which are not generally known till the employees have been
selected.
Also, there are a few people who make certain groups or people feel
excluded and never truly accepted by the rest. The positive part here is, in
every organization people try to change or compromise with the existing
organization's culture, which will make them feel supported and encouraged.
Companies which accept these types of behavior yields the most profit.
SUCCESSION PLANNING
The firms interested in career development programs depend on the
ups and downs in the business cycle and the labor market. When there is a
shortage of manpower, skills etc., firms include career development
programs to their retention and recruitment strategies. But, when the
business goes in a loss, there is no recruitment. Large companies are the
first ones to avail the latest technology to internal staffing and career
development.
As the companies are now becoming more data centric, they check their
own databases first, mining internal HR data for potentials, before looking
outside.
JHANG
Department of Computer Science
Earlier, when managers were sent overseas for some projects, it was
as if their career has been sent into exile, if not over completely, but today,
this is like a step towards the top.
JHANG
Department of Computer Science
However, these principles have not been executed yet. This often results
in migrant failures rate of up to 40% which have been reported, and 20%
employees leave their company after their overseas assignment. It is
suggested that people willing to opt for international experience should go
through many self-evaluation and planning steps, to ensure that international
assignments will not have a negative impact on their overall career
objectives.
Geographical Location
Culture
Customs and
Political Status of the place
This is to make sure if you can adjust to the new place. However, there
are some contradictions regarding the international careers. As the demand
for managers understanding business from more than one national
perspective increases, there has been a hesitance in sending U.S Citizens
abroad because of the terrorist attacks of 2001.
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JHANG
Department of Computer Science
Just like high costs and struggles are linked with the uncertainties about
the migrant's ability to perform effectively after arrival have also led many
nations with international operations to develop local managers in the foreign
countries where they function. This would eventually limit the overseas
developmental projects for the future global manager.
RETIREMENT PLANNING
Planning for retirement is not a one-day deal; it should be done from
the early career stages, though young people often do not acknowledge it.
The retirement package should offer various benefits like –
Investment Counseling
Profit Sharing and
Deferred Compensation Plans.
But earnings today are not enough to lend some for retirement.
LIFE AFTER RETIREMENT
After the abolition of compulsory retirement and limitation of certain
benefit pensions, it has become a necessity to make employees think about
their future expense, or Life After Retirement. People today, do not believe
in the concept of retirement at 65, it may vary from 50-75 or even more,
giving you little more time to plan for retirement.
Say, allowing longer vacation for dedicated employees, which will give
the employees enough time to establish connections with outside peers and
reconnect with their friends and relatives. Starting preretirement program
from an early stage can ensure a kind of satisfaction of retirement for
employees and can also inculcate the feelings of goodwill towards their
employer/company.
ALTERNATIVE WORK ARRANGEMENTS
People age at different rates. It has been observed that many of the
best performances are delivered by people during later stages of their
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JHANG
Department of Computer Science
career. Just because an employee has crossed a certain age limit, it does not
make them eligible for retirement. Age limits a person's visual acuity,
response time, or stamina, but gifts abundant knowledge and experience.
JHANG
Department of Computer Science
SHORT QUESTIONS
Describe Career planning.
Career planning is the process of establishing career objectives and
determining appropriate educational and developmental programs to further
develop the skills required to achieve short- or long-term career objectives.
Career planning is simply goal planning with the intention of setting goals for
jobs and career.
JHANG
Department of Computer Science
Access
Skills—what skills do I have? And which do I really enjoy using?
Just because you‘re good at something doesn‘t necessarily mean you like
doing it.
Interests—what excites
me? What interests me enough that I
don‘t 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?
Knowing the answers to these questions and having a deep understanding of
who we are helps us in our career planning. We can use this information to
evaluate possible careers or career changes, look for opportunities, and find
greater satisfaction in other areas of our lives as well.
Explore
Once you have done some self-assessment, you can move to
researching and exploring the world of work. This exploration may include
informational interviews, online and library research, volunteering, or other
activities that allow you to learn about various occupations
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.
JHANG
Department of Computer Science
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.
JHANG
Department of Computer Science
JHANG
Department of Computer Science
Maintenance stage.
The mid-career stage, which occurs roughly between the ages 45 and
64, has also been referred to as the maintenance stage.This stage is typified
by a continuation of established patterns of work behavior.
The person is no longer trying to establish a place for himself or herself
in the organization, but seeks to maintain his or her position. This stage
is viewed as a mid-career plateau in which little new ground is broken. The
individual in this stage may need some technical updating in his or her field.
The employee should be encouraged to develop new job skills in order to
avoid early stagnation and decline.
Late-career stage.
In this stage the career lessens in importance and the employee plans
for retirement and seeks to develop a sense of identity outside the work
environment.
"Best fit" and "best practice" - meaning that there is correlation between the
HRM strategy and the overall corporate strategy. As HRM as a field seeks
to manage human resources in order to achieve properly organizational
goals, an organization's HRM strategy seeks to accomplish such
management by applying a firm's personnel needs with the goals/objectives
of the organization. As an example, a firm selling cars could have a corporate
strategy of increasing car sales by 10% over a five year period. Accordingly,
the HRM strategy would seek to facilitate how exactly to manage personnel
in order to achieve the 10% figure. Specific HRM functions, such as
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JHANG
Department of Computer Science
An HRM strategy can be divided, in general, into two facets - the people
strategy and the HR functional strategy. The people strategy pertains to the
point listed in the first paragraph, namely the careful correlation of HRM
policies/actions to attain the goals laid down in the corporate strategy.
JHANG
Department of Computer Science
Define Succession.
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Department of Computer Science
What are the requirement for building the managers for succession
management ?
JHANG
Department of Computer Science
Align their "people strategy" with their "business strategy." As a company grows
and its strategy evolves, its leadership needs can change significantly. To meet
needs like these, companies must regularly discuss their talent recruitment and
development practices.
When organizations meet these requirements, they create the kind of leadership
and management capacity that delivers sustainable business results. They also
reduce the range in performance in key roles, minimize attrition among top
performers, and promote a high internal hiring rate.
Many senior managers think their company is adept at succession planning, and
they may be right. The problem is that although succession planning is
essential, it's just the first step. It's equally important to develop the leaders
and managers so they can execute the business strategy and deliver results.
That's why companies that succeed at finding and nurturing leaders who can
grow their business do more than plan.
JHANG
Department of Computer Science
compared with 90% that provide executive leadership training. For most of
the companies 37% of the training budgets go to management development
and learning programs. Therefore, it is important to consider management
development as an important part of organizational competitiveness.
JHANG
Department of Computer Science