career planning

Career planning:

Career planning Faculty in Management DIT school of Business Greater Noida

Meaning of career planning:

Meaning of career planning From employees view point career planning can be defined as a systematic process by which one decides his/her career goals and the path to reach these goals. From an organization's point career planning stands for the forward looking employment policies in which employees are helped to plan their careers in terms of their capacities within the context of organization’s needs.

Objectives of career planning:

Objectives of career planning To secure the right person at the right time for the right job To provide adequate career avenues to employees to higher levels of responsibilities To strengthen the retention programme of the organization and To maintain a contended team of employees.

Needs for career planning:

Needs for career planning To attract competent persons and retain them in the organization. To provide suitable promotional opportunities. Map out careers of employees suitable to their ability, and their willingness to be trained and developed for higher positions. To ensure better utilization of managerial reserves within an organization. To reduce employee dissatisfaction and turnover. To correct employee placement.

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To improve employee morale and motivation by matching their skills to job requirements. To achieve higher productivity and organization development. To provide guidance and encourage employees need to fulfill their potentials.

Benefits of career planning:

Benefits of career planning Career planning helps the employees to know the various career opportunities available. It helps the individual to select the career which is suitable to his life style, preference, family environment, scope for self development etc. It helps the organization identify talented employees who can be trained and promoted.

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Internal promotion, upgradation and transfers motivate the employees, boost up their morale and also result in increased job satisfaction among the employees. Each employee will await his turn of promotion rather than shift to another organization. This would lower employee’s commitment and creates a sense of belongingness and loyalty to the organization. It improves employees’ performance on the job by tapping their potential abilities and stimulating their personal growth.

Process of career planning:

Process of career planning Preparation of personnel inventory Identifying career needs Identifying career opportunities Matching of employees’ aspirations with career opportunities Formulating and implementing strategies.