Hrm ( career planning)

Hrm ( career planning)

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  Under the guidanceof Prepared by: Mr. Manpreet Singh Anju (0046) Asst. Professor Kritika Sharma (0082) GBS B.Com 3(A)
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  CAREER PLANNING A careermay be defined as 'a sequence of jobs that constitute what a person does for a living'. According to Schermerborn , Hunt and Osborn, 'career planning is a process of systematically matching career goals and individual capabilities with opportunities for their fulfillment.' In simple words, career planning is the process of enchancing an employee's future value.
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   Career  CareerPath
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  Terms in careerplanning  Career goal  Career planning
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  Terms in careerplanning  Career Development
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  Features of careerplanning  It is an ongoing process.  It helps individual develop skills required to fulfill different career roles.  It strengthens work-related activities in the organization.  It defines life, career, abilities and interest of the employees.  It can also give professional directions , as they relate to career goals.
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  Importance and Benefitsof Career Planning 1. For Internal Staffing Requirements Career is important for an organization for their internal staffing requirement. If an employees sees growth in the organization he would always tries to get promoted in the same company. It helps the company not to recruit people from outside as the capable employees are available within the organization. 2. Develops Promotable Employees Career planning also helps to develop the capable employees. An employee seeking the career in same field he is currently working helps the organization to develop such employee and helps them in the promotion for the smooth functioning of the organization.
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  Importance and Benefitsof Career Planning 3. Assists with work Force Diversity Career planning also helps the organization as well as employees to mange with the different cultures within and outside of the organizations. It improve the efficiency of the employee as they will be able to work in all kind of organizational environment and surroundings. 4. Lowers Turnover Career planning also assists in the lower turnover of the employee. The Training and Development of the employees help them to improve efficiency and proficiency and help them to chose wider career option in the same organization.
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  Importance and Benefitsof Career Planning 5. Further Personal Growth Every employee in the organization seeks their both professional and personal growth. The career planning is the process which helps the employee to enhance their personality, behaviour, perception and learning. 6. Facilitates International Placement Choosing a right career path helps the employees in the international placements too. A good career has always the opportunity to work globally and building a success full path for their long term and short term goals.
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  Steps in careerplanning process • 1. Self- Assessment • 2. Goal settings • 3. Academic / Career Options • 4. Plan of Action • 5. Catch hold of opportunities
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  Steps in careerplanning process 1. Self- Assessment Careful evaluation of your individual strengths, lifestyle preferences, passions, work style, and financial needs is a vital and often overlooked step in planning your various potential career paths. In order to evaluate the suitability of work options, it is important to know both who you are as a person and who you desire to become as a professional. This involves taking a careful inventory of your current career values, interests, skills, and personal qualities. 2. Goal settings After you have looked at your options by doing self assessment and field research, it is time to make a decision and set some goals. The components of this decision are called your Job Target. Your Job Target is the specific industry and position you choose to pursue. It may also include geographic location. Your Job Target can change as you gain more experience and knowledge about yourself.
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  Steps in careerplanning process 3. Academic / Career Options Choose your academic options as well as career option in which you have set your goals and targets. There are lots of fields in which you can make career and lots of paths are their to reach at your goal. Wisely choose your academic and career option you have assessed before. 4. Plan of Action No make a plan. There are many activities involved in launching your job search. Writing a targeted resume is important to show employers how your skills relate to their specific needs. Set aside the time to make calls, write cover letters and thank you letters, conduct interviews, and do research. Be creative with the approaches you use and remember to ask yourself, "Will this help me to stand out from my competition?" Lastly, consistently update your resume with any new skills, knowledge, and experience.
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  Contd... 5. Catch holdof opportunities This is the step in the process where you implement what you have learned and move forward towards a new job or more advanced education. You should also continue to evaluate your options and make adjustments as needed. Catch hold the opportunity you get to start your career.
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  Tips for buildinga Career • Realize your goals • Never stop Learning • Ask , Listen and Learn • Fulfill your Current Job • Build your Network • Prepare Yourself
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  Conclusion • Career Planningis must for every individual in order to become successful in life. • Career Planning brings out the best within the individual and helps utilize person’s skills and abilities to the optimum level. • If You Don’t Plan You Don’t Succeed.