The document discusses career management and development. It describes career management as the process through which employees become aware of their interests, strengths, career goals, and develop action plans to achieve those goals. Effective career management is important for both employees and companies to motivate employees, develop skills, and fill open positions. The concepts of traditional careers and protean careers are introduced, as well as different career stages and a model of career development. Factors for effective career management systems and shared responsibilities between employees, managers, and companies are also outlined.