This document discusses career planning and provides tips for building a successful career. It defines career as a long-term occupation that provides monetary benefits. Career planning consists of self-assessment, research, decision making, taking action, and evaluation. This process helps individuals achieve career goals and ambitions. The document also outlines the importance, need, benefits and myths of career planning, as well as sources to utilize for career planning such as family, counseling and media. Career planning is important for success and helps individuals utilize their skills.

1. Business Best Practices and Success Stories
of Emerging Leaders
PRESENTED BY
ADDANKI SWAPNA
ROLL-NO:17R21E0003
MBA-I YEAR

3. Briefing:
 What is a Career?
 What is Career Planning?
 Career Planning Process
 Tips for Building a Career
 Importance of Career Planning
 Need for Career Planning
 Benefits of Career Planning
 Myths
 Sources of Career Planning
 Conclusion

4. What is Career ?
 Career is an occupation or a profession , that one undertakes
for a long period of his/her life time & derives monetary
benefit from it.
 Example:
 If someone is painting pictures for a long time , but does
not expect to gain any monetary reward , that will be
considered as his hobby rather than career.
 Similarly if he paints & exhibits his paintings in a gallery for
prospective buyers , then painting will be considered as his
Profession.

5. What is Career Planning?
 Career planning consists of activities and actions that you take to
achieve your individual career goals.
 It is way by which one can achieve goals & ambitions
successfully.
 It is a difference between success & failure which always leads to
satisfactory results.
 It is a Vision.

6. Career Planning Process:-
 Career planning process is simple process of self analyzing , self
upgrading & self improvement. Which leads you toward
success. There are five steps to active career planning:
 Self Assessment
 Exploration and Research
 Decision Making
 Taking Action
 Evaluation

7. Self-Assessment:
 Self assessment revolves around the thoughtful consideration ,
reflection , and evaluation of your interests , personality
characteristics , values and skills through a variety of methods,
such as the use of a whole host of career-related tools and
instruments.

8. Exploration and Research:-
 The career planning component consisting of exploration and
research is all about being in information gathering mode. This is
the time to explore , collect , and organize all available resources
to eventually begin analyzing them to see what top options arise.
 As you begin your career journey you will need to learn more
about specific types of careers, job responsibilities, training and
education, career tracks, salary and wage information, basic skills
needed, challenges, etc.

9. Decision Making:-
 The decision-making step of the career planning process is when
you put all the pieces of information about yourself and your
carefully collected career information together as best as possible
to produce a list of career-related goals and options.

10. Taking action:-
 Taking action is one of those things that’s easier said than done. This
stage is about literally being proactive with your career plans and
following through with what you’ve decided on doing.

11. Evaluation:-
After you have made your career-related decisions and identified your
goals , keep in mind that many of the folks who achieves career success
are the ones who continually evaluate and assess their status. They keep
track of their career progress throughout.

12. Tips for Building a Career :-
 Realize your goals
 Never stop learning
 Ask , Listen and Learn
 Fulfill your Current job
 Build your network
 Prepare yourself

13. Importance of Career Planning:-
 Why career planning is important?
Second chances are very rare so we have to capitalize on the
opportunity available to us.
 If you Don’t plan you Don’t succeed.

14. Need for Career Planning:-
 Career planning is a tool that makes a person competitive.
 The need to plan for an employee’s career is basically caused by
both economic and social forces. In an ever changing
environment, the human resources of an organisation need to and
must be in a constant state of development.

15. Benefits of Career Planning:-
 An individual conducts research & the results lead to an
increased awareness in the field of interest.
 Strives day & night to achieve his vision
 More chances of becoming a dignified & a respected
professional.
 Less chances of becoming the “rotten tomato”.

16. Myths:-
 Choosing a career path is simple.
 A career counselor can tell me what occupation to pick.
 Once I choose a career I’ll be stuck in it forever.
 If my best friend (or brother , uncle , or neighbor)is happy in a
particular field, I will be too.

17. Sources of Career Planning:-
 Often students seek out knowledge for Career Planning from
various channels. Some of these channels are listed below:
 Family & Friends(guidance from Family elders, cousins & good
friends)
 Changing Market Trends(observation)
 Professional Counseling ( Teachers, Professors & other various
professionals)
 Mass Media ( Talk shows, Radio etc)
 Following in the Shoes of Role models(Influence)

18. Conclusion:-
 Career Planning is a 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 & abilities to the optimum
level.