Recap

Human Resource planning Demand Forecasting Supply Forecasting Action Plan Replacement Charts

Career Management

Career management

It is concerned with the provision of opportunities for people to develop their careers in order to ensure that organization has the flow of talents to satisfy its aspirations. Integrating Needs of people with Needs of organization

Aims
For organization 1. Meet the objectives of talent management policies. For employees 1. To have a guidance, support , encouragement in building up their career. 2. To ensure that a sequence of learning and experience will help them to reach the level they aspire.

Stages to career development

1. Exploration stage - Entry to an organization 2. Establishment stage - Progress with in particular area of work 3. Maintenance stage - Mid career 4. Decline stage Retirement

Career Progressive Curves

Growth

Plateau Progress

Decline

Establishing

Expanding

Maturing

Career Progressive Curves

In growth stage, there are willing to take risk and make so of opportunities even at mature period. In Plateau stage provide measures like Job rotation, cross functional training , special assignments, recognition and reward.

In decline stage employees adopt to methods like part time working.

Career Development Strategy

A policy of promoting from with in when ever possible. Career routes enabling them to move from bottom to top. Personal development as a part of performance management to develop skills. System to achieve and share knowledge. Multi disciplinary project with shifting membership

Career Management Practices

1. Posting regarding internal job opening. 2. Formal education as a part of career development. 3. Performance appraisal on basis of career planning. 4. Career counseling by HR managers. 5. Lateral moves to create cross functional experience.

6. Succession planning 7. Formal mentoring 8. Common career paths 9.Peer appraisal 10.Subordinate appraisal 11.Assessment center. 12.Written personal career plan

Process of career management

Career Management Policies
Performance & potential assessment Demand & Supply forecast

Talent audit

Succession Planning

Career Planning

Development process and programs

Career Management Policy

Whether to promote internally or hire new people. To identify and promote high flyer. Policies to deal with plateaued managers.

Competency band career progression system

Aiming points

Aiming points

Competency band 1 Definition Basic training and experience

Competency band 2 Continuation Training and experience

Competency band 3 Advanced Training and experience

Difference between three terms

Career development Systematic process of guiding the movements of employees through different hierarchical positions. Career plan- establishing career objectives and planning strategies to attain it. Career management - Relates to HRM activities to facilitate career development

Career Paths in a Career Family structure

Level 5 Level 4 Level 5 Level 4 Level 3 Level 2 Level 1
Career Family B

Level 5 Level 4

Level 3
Level 2 Level 1
Career Family A

Level 3
Level 2 Level 1
Career Family C

Self Managed Career

Individual have the responsibility. Protean career - Individual are responsible for their career path. Portfolio career - Various directions of career.

Career Anchor
Syndrome of talents , motives and values that give stability and direction to a persons career. 1. Managerial competencies 2. Technical Competencies 3. Freedom and Autonomy 4. Security and stability 5. Entrepreneurial creativity 6. Dedication

Topics discussed
Career Management Aims Stages Progression curves Development Stages Management Strategies