The document discusses career management and career planning. It defines career as a person's course through life, usually involving special training and considered one's life's work. Career development is an ongoing process of gaining knowledge and skills to establish a career plan. Career management consists of career planning and succession to shape employee progression according to organizational needs and individual performance. The aims of career management are to satisfy organizational management succession needs, provide training and experience to develop employee potential, and guide employees to fulfill their potential and achieve successful careers. The process involves career dynamics, policies, assessments, planning, development, counseling and progression. Objectives of career planning include reducing turnover, increasing productivity, enhancing motivation, and achieving organizational goals by providing employee career paths.

1. Career Management &
Career Planning
Presented by : Mr. Sem Shaikh
The M.S. University of Baroda
Master of Commerce
Department of Commerce & Business Management

2. WHAT IS CAREER ?
Def. (Oxford English Dictionary)
Aperson’s course or progress through life.
It also pertains to his occupational or profession that usually involves special
training or formal education and is considered to be a person’s lifework.
Career: Herbert Simon defines career as “an honourable occupation with one
normally takes up during his/her youth with the expectation of advancement and
pursues it until retirement
WHAT IS CAREER DEVELOPMENT ?
Career development is an ongoing process of gaining knowledge and improving
skills that will help an individual to establish a career plan.

3. DEFINITIONS
Career management consists of the process of career planning & career
succession. Career planning shapes the progression of individuals within an
organization in accordance with assessments of organizational needs & the
performance, potential and preferences of individual members of the
enterprise.
According to Sonnenfeld, Peiperl and Kotter (1992),
It is the set of policies & practices an organization uses to provide for its
human resource requirements.
Management succession planning takes place to ensure that, as far as
possible, the organization has the managers it requires to meet future
business needs.

4. OVERALL AIMS
1. To ensure that the organization’s needs for management
succession are satisfied.
2. To provide men and women of promise with a sequence of
training and experience that will equip them for whatever
level of responsibility they have the ability to reach.
3. To give individuals with potential the guidance and
encouragement they need if they are to fulfill their potential
& achieve a successful career with the organization in tune
with their talents & aspirations.

5. PROCESS OF CAREER MANAGEMENT
Career dynamics
Career
management
policies
Demand/
supply forecasts
Succession
planning
Performance &
potential
assessment
Recruitment
Self-assessment Career planning
Induction
training &
initial
experience
Management
development
Career
counselling
Mentoring
Management
training
Career
progression

6. OBJECTIVES OF CAREER PLANNING
1. Identifying and making clear opportunities available.
2. To reduce employee turnover.
3. To Increase productivity.
4. To identify the career stages and enhance the motivational level.
5. To achieve the organization's goal by providing the employees
paths to reach higher order needs.

7. SCOPE OF CAREER PLANNING
• Human Resource forecasting and planning
• Career Information
• Career Counseling
• Career Pathing
• Skill Assessment training
• Succession Planning

8. Steps in Career planning
(Employee perspective)
• Make Career Planning an Annual Event
• Map Your Path Since Last Career Planning
• Reflect on Your Likes and Dislikes, Needs and
Wants
• Examine Your Pastimes and Hobbies
• Make Note of Your Past Accomplishments

9. • Look Beyond Your Current Job for Transferable
Skills
• Review Career and Job Trends
• Set Career and Job Goals
• Explore New Education/Training Opportunities
• Research Further Career/Job Advancement
Opportunities