SlideShare a Scribd company logo
CAREER AND SUCCESSION PLANNING  Chapter EXCEL BOOKS 11-1 11
ANNOTATED OUTLINE 11-2 The concept of career   A career comprises of a series of work related activities, that offer continuity, order and meaning to a person’s life. The underlying idea behind a career is that a person can shape his destiny through a number of well planned and well timed, positive steps. The success of one’s career, therefore, depends on the individual more than anything else.  Career And Succession Planning
11-3 Career: Important features   ,[object Object],[object Object],[object Object],[object Object],Career And Succession Planning
11-4 Career stages   A career includes many positions, stages and transitions just as a person’s life does.   Career And Succession Planning
11-5 ,[object Object],[object Object],[object Object],[object Object],[object Object],Career And Succession Planning Career stages
11-6 Golden rules to be kept in mind while searching for a job   Career And Succession Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],Cont…
11-7 ,[object Object],[object Object],[object Object],[object Object],Career And Succession Planning Golden rules to be kept in mind while searching for a job
11-8 Career And Succession Planning How to get off to a flying start in your new job? ,[object Object],[object Object],[object Object],[object Object],[object Object],Cont…
11-9 Career And Succession Planning ,[object Object],[object Object],[object Object],Source:  W. Ellis, “Get off to a fast start in your new Job,” Reader’s Digest, Win@Work, 2001. How to get off to a flying start in your new job?
11-10 Career anchors  Career And Succession Planning These are distinct patterns of self-perceived talents, attitudes, motives and values that guide and stabilise a person’s career after several years of real world experiences. More about eight career anchors   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
11-11 Career planning Career And Succession Planning Career planning is the process by which one selects career goals and the path to achieve those goals. Career planning, it should be noted here, is a prerequisite to effective human resource planning.  Why career planning?   Career planning seeks to meet the following objectives   ,[object Object],[object Object],[object Object],[object Object],[object Object]
11-12 ,[object Object],[object Object],[object Object],[object Object],[object Object],Career And Succession Planning The process of career planning
11-13 Career Development   Career And Succession Planning Career development consists of the personal actions one undertakes to achieve a career plan.  The actions for career development may be initiated by the individual himself or by the organisation Individual career development:  Some of the important steps that could help employees achieve their career goals could be listed thus;
11-14 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Career And Succession Planning Individual career development
11-15 How to avoid big career mistakes while getting ahead?   ,[object Object],[object Object],[object Object],[object Object],Career And Succession Planning Cont…
11-16 ,[object Object],[object Object],[object Object],Career And Succession Planning Source:  D.B. Hogarthy, “6 Big career mistakes – and How to avoid them”, Reader’s Digest: Wim@Work, Mumbai, 2001. How to avoid big career mistakes while getting ahead?
11-17 Career self assessment instrument   Career And Succession Planning
11-18 Career And Succession Planning Career self assessment instrument
11-19 ,[object Object],Career And Succession Planning Organisational career development   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Career Development   Cont…
11-20 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Career And Succession Planning Career Development
11-21 Career And Succession Planning Career Development Strategies Of Indian Companies   Career development strategies followed by three Indian companies At the organisation level, let us examine the career development strategies adopted by three leading companies in India. Ernst & Young (India) The global consulting firm uses the same career development methodology in India that it uses elsewhere. Primarily, it seeks to align individual aspirations with organisational, business and functional goals, using the formal assessment system to check for skill gaps and career potential. While designing training tools, things that are given serious attention are past performance, future potential, the individual skill sets and competencies of each manager, and the need of the company. However, the  firm often takes the assistance of professional trainers brought in from E&Y offices  worldwide, or relevant institutions to design specific training programmes for  different categories and levels of managers.  Cont…
11-22 Hyundai Motor (India) Most executives working for this South Korean car-maker, which started operations in India relatively recently, are middle-level recruits from different industries who have  been chosen on the basis of their track record—a factor whose influence pervades the  company’s career development system. The company aims to convert these managers into ‘achievers’ for Hyundai, with attributes like mental toughness, professional competence, and an ambition to advance. The HR department devises interventions keeping these goals in mind. The HR functionaries are expected to look at the development process holistically. The company also conducts a three-day process lab where the system is discussed using case studies.  Seagram (India) The Canadian liquor major has a career development system that hinges on speedy induction. Among the inputs given during the induction programme, fitting in with the  organisational culture is critical. The aim is to enable the new entrant to hit the ground  running in terms of performance. The programmes also includes sessions on the history of the organisation, product portfolio, and operations. The programme includes visits to markets and bottling units and sessions with each functional head. Career And Succession Planning Career development strategies followed by three Indian companies
Career Management  11-23 Career management includes both organisational actions and individual efforts aimed at setting career goals, formulating and implementing strategies and monitoring the results.  The career management model   Career And Succession Planning
11-24 Career And Succession Planning Advantages And Limitations Of Career Planning Career planning offers significant benefits to both the individual and the organisation. The employee has advance knowledge of available career opportunities. He or she can set appropriate career goals and plan to achieve them over a period of time. Organisations, too, can separate the stars from the mediocre and reward the efforts of those who are hard working and talented. This would, in turn, improve employer-employee relations. On the negative side, for small scale units, career planning may prove to be a difficult and costly exercise. Sometimes, local laws, union pressures could upset career planning efforts.  Not every company would be able to resolve all career related issues successfully.
11-25 Career And Succession Planning Effective Career Planning   Effective career planning depends on a number of factors such as  Effective career planning   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
11-26 Career And Succession Planning Succession Planning   The basic purpose of succession planning is to identify and develop people to replace current job holders in key positions.  Through succession planning organisations ensure a steady flow of internal talent to fill important vacancies.  Succession planning encourages “hiring from within” and creates a healthy environment where employees have careers and not merely jobs. It should be noted here that career planning (which covers executives at all levels), by its very nature, includes succession planning (which covers key positions at higher levels)
11-27 Career And Succession Planning Replacement Chart   A replacement chart is a visual representation of who will replace whom if there is a job opening
11-28 Career And Succession Planning Succession Management   Succession management focuses attention on creating and stocking pools of candidates with high leadership potential. It assures that key people are not just identified but also nurtured and developed into future leadership roles  Steps in succession management   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

Succession planning ppt
Succession planning pptSuccession planning ppt
Succession planning ppt
Laura Beauchamp-Apperson
 
Aligning HR Strategy with Business Strategy
Aligning HR Strategy with Business Strategy Aligning HR Strategy with Business Strategy
Aligning HR Strategy with Business Strategy
Paul
 
Performance Management presentation
Performance Management presentationPerformance Management presentation
Performance Management presentation
Laurie Armstrong
 
Workforce Planning
Workforce PlanningWorkforce Planning
Workforce Planning
Wayne Rawcliffe
 
A framework for the hrd process
A framework for the hrd processA framework for the hrd process
A framework for the hrd process
Dr. Syed Kashan Ali Shah
 
Talent Management
Talent ManagementTalent Management
Talent Management
deepika sorout
 
Performance management workshop
Performance management workshopPerformance management workshop
Performance management workshop
HillyerMcKeown
 
Succession planning in HRP
Succession planning in HRPSuccession planning in HRP
Succession planning in HRP
Himabindu Mangiri
 
Dessler ch 09-performance management and appraisal
Dessler ch 09-performance management and appraisalDessler ch 09-performance management and appraisal
Dessler ch 09-performance management and appraisal
Shamsil Arefin
 
Performance Appraisal and problems associated
Performance Appraisal and problems associatedPerformance Appraisal and problems associated
Performance Appraisal and problems associated
Kamlesh Mithbavkar
 
Strategic Human Resource Management Lecture 1
Strategic Human Resource Management Lecture 1Strategic Human Resource Management Lecture 1
Strategic Human Resource Management Lecture 1
RECONNECT
 
Unit- 4. Defining Performance and choosing Management approach
Unit- 4.	Defining Performance and choosing Management approachUnit- 4.	Defining Performance and choosing Management approach
Unit- 4. Defining Performance and choosing Management approach
Preeti Bhaskar
 
Succession planning
Succession planningSuccession planning
Succession planning
JFM Lohith Shetty
 
Strategic Human Resource Management
Strategic Human Resource ManagementStrategic Human Resource Management
Strategic Human Resource Management
Anubha Rastogi
 
Hr With Business Strategy 1
Hr With Business Strategy 1Hr With Business Strategy 1
Hr With Business Strategy 1
Apex Adelchi Footwear Limited
 
Succession planning
Succession planningSuccession planning
Succession planning
immortalsam
 
HR Business Partner: Critical Role
HR Business Partner: Critical RoleHR Business Partner: Critical Role
HR Business Partner: Critical Role
CreativeHRM
 
Compensation Strategy
Compensation StrategyCompensation Strategy
Compensation Strategy
CreativeHRM
 
Career Planning And Development PowerPoint Presentation Slides
Career Planning And Development PowerPoint Presentation SlidesCareer Planning And Development PowerPoint Presentation Slides
Career Planning And Development PowerPoint Presentation Slides
SlideTeam
 
Performance Management
Performance ManagementPerformance Management
Performance Management
Vivek Singampalli
 

What's hot (20)

Succession planning ppt
Succession planning pptSuccession planning ppt
Succession planning ppt
 
Aligning HR Strategy with Business Strategy
Aligning HR Strategy with Business Strategy Aligning HR Strategy with Business Strategy
Aligning HR Strategy with Business Strategy
 
Performance Management presentation
Performance Management presentationPerformance Management presentation
Performance Management presentation
 
Workforce Planning
Workforce PlanningWorkforce Planning
Workforce Planning
 
A framework for the hrd process
A framework for the hrd processA framework for the hrd process
A framework for the hrd process
 
Talent Management
Talent ManagementTalent Management
Talent Management
 
Performance management workshop
Performance management workshopPerformance management workshop
Performance management workshop
 
Succession planning in HRP
Succession planning in HRPSuccession planning in HRP
Succession planning in HRP
 
Dessler ch 09-performance management and appraisal
Dessler ch 09-performance management and appraisalDessler ch 09-performance management and appraisal
Dessler ch 09-performance management and appraisal
 
Performance Appraisal and problems associated
Performance Appraisal and problems associatedPerformance Appraisal and problems associated
Performance Appraisal and problems associated
 
Strategic Human Resource Management Lecture 1
Strategic Human Resource Management Lecture 1Strategic Human Resource Management Lecture 1
Strategic Human Resource Management Lecture 1
 
Unit- 4. Defining Performance and choosing Management approach
Unit- 4.	Defining Performance and choosing Management approachUnit- 4.	Defining Performance and choosing Management approach
Unit- 4. Defining Performance and choosing Management approach
 
Succession planning
Succession planningSuccession planning
Succession planning
 
Strategic Human Resource Management
Strategic Human Resource ManagementStrategic Human Resource Management
Strategic Human Resource Management
 
Hr With Business Strategy 1
Hr With Business Strategy 1Hr With Business Strategy 1
Hr With Business Strategy 1
 
Succession planning
Succession planningSuccession planning
Succession planning
 
HR Business Partner: Critical Role
HR Business Partner: Critical RoleHR Business Partner: Critical Role
HR Business Partner: Critical Role
 
Compensation Strategy
Compensation StrategyCompensation Strategy
Compensation Strategy
 
Career Planning And Development PowerPoint Presentation Slides
Career Planning And Development PowerPoint Presentation SlidesCareer Planning And Development PowerPoint Presentation Slides
Career Planning And Development PowerPoint Presentation Slides
 
Performance Management
Performance ManagementPerformance Management
Performance Management
 

Viewers also liked

Career Planning and Succession Planning - Principles of Human Resource Manage...
Career Planning and Succession Planning - Principles of Human Resource Manage...Career Planning and Succession Planning - Principles of Human Resource Manage...
Career Planning and Succession Planning - Principles of Human Resource Manage...
Rai University Ahmedabad
 
Career Development & Succession Planning
Career Development & Succession PlanningCareer Development & Succession Planning
Career Development & Succession Planning
Ashit Jain
 
5 career planning & succession planning
5 career planning & succession planning5 career planning & succession planning
5 career planning & succession planning
Preeti Bhaskar
 
Career & succession planning
Career & succession planningCareer & succession planning
Career & succession planning
Divyanshu Roy
 
Career planning presentation
Career planning presentationCareer planning presentation
Career planning presentation
kesiamargot
 
Career development
Career developmentCareer development
Career development
rehmdil
 
career planning
career planningcareer planning
career planning
IIIM
 
Career development ppt
Career development pptCareer development ppt
Career development ppt
Nancy Erskine-Sackey
 
Career planning and succession planning
Career planning and succession planningCareer planning and succession planning
Career planning and succession planning
21prijiv03
 
succession planning
succession planning succession planning
succession planning
Harash Bansal
 
Career planning, development, succession planning
Career planning, development, succession planningCareer planning, development, succession planning
Career planning, development, succession planning
Rohini B. Agre
 
Chapter 12
Chapter 12Chapter 12
Chapter 12
Avinash Kumar
 
Career planning
Career planningCareer planning
Career planning
Muhammad Khan
 
Career Planning PowerPoint
Career Planning PowerPointCareer Planning PowerPoint
Career Planning PowerPoint
emurfield
 
Career Planning and Development
Career Planning and DevelopmentCareer Planning and Development
Career Planning and Development
Yodhia Antariksa
 
2011 college transition network
2011 college transition network2011 college transition network
2011 college transition network
acmazur
 
00077421
0007742100077421
Career Management Strategies
Career Management StrategiesCareer Management Strategies
Career Management Strategies
Jim Molloy
 
Succession Planning Presentation 2011
Succession Planning Presentation 2011Succession Planning Presentation 2011
Succession Planning Presentation 2011
JoanMullins
 
Simplified Succession Management
Simplified Succession ManagementSimplified Succession Management
Simplified Succession Management
zulmohd1
 

Viewers also liked (20)

Career Planning and Succession Planning - Principles of Human Resource Manage...
Career Planning and Succession Planning - Principles of Human Resource Manage...Career Planning and Succession Planning - Principles of Human Resource Manage...
Career Planning and Succession Planning - Principles of Human Resource Manage...
 
Career Development & Succession Planning
Career Development & Succession PlanningCareer Development & Succession Planning
Career Development & Succession Planning
 
5 career planning & succession planning
5 career planning & succession planning5 career planning & succession planning
5 career planning & succession planning
 
Career & succession planning
Career & succession planningCareer & succession planning
Career & succession planning
 
Career planning presentation
Career planning presentationCareer planning presentation
Career planning presentation
 
Career development
Career developmentCareer development
Career development
 
career planning
career planningcareer planning
career planning
 
Career development ppt
Career development pptCareer development ppt
Career development ppt
 
Career planning and succession planning
Career planning and succession planningCareer planning and succession planning
Career planning and succession planning
 
succession planning
succession planning succession planning
succession planning
 
Career planning, development, succession planning
Career planning, development, succession planningCareer planning, development, succession planning
Career planning, development, succession planning
 
Chapter 12
Chapter 12Chapter 12
Chapter 12
 
Career planning
Career planningCareer planning
Career planning
 
Career Planning PowerPoint
Career Planning PowerPointCareer Planning PowerPoint
Career Planning PowerPoint
 
Career Planning and Development
Career Planning and DevelopmentCareer Planning and Development
Career Planning and Development
 
2011 college transition network
2011 college transition network2011 college transition network
2011 college transition network
 
00077421
0007742100077421
00077421
 
Career Management Strategies
Career Management StrategiesCareer Management Strategies
Career Management Strategies
 
Succession Planning Presentation 2011
Succession Planning Presentation 2011Succession Planning Presentation 2011
Succession Planning Presentation 2011
 
Simplified Succession Management
Simplified Succession ManagementSimplified Succession Management
Simplified Succession Management
 

Similar to Chapter 11

life orientation CAREER PLANNING
life orientation CAREER PLANNINGlife orientation CAREER PLANNING
life orientation CAREER PLANNING
LuvaloThembani
 
Advancing your career
Advancing your careerAdvancing your career
Advancing your career
mandrakewiz
 
Successful Career Skills-Audika premium stock Addition
Successful Career Skills-Audika premium stock AdditionSuccessful Career Skills-Audika premium stock Addition
Successful Career Skills-Audika premium stock Addition
Shah Rashedul LastHaque
 
The First 90 days
The First 90 daysThe First 90 days
The First 90 days
GMR Group
 
Successful career skills step by step
Successful career skills step by stepSuccessful career skills step by step
Successful career skills step by step
Rishabhsemwal5
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
BinodKumarPathak
 
Professional studies slideshare presentation
Professional studies slideshare  presentation Professional studies slideshare  presentation
Professional studies slideshare presentation
University of Johannesburg
 
Career planning in Global Human Resources Management
Career planning in Global Human Resources ManagementCareer planning in Global Human Resources Management
Career planning in Global Human Resources Management
AnjanaS27
 
Building Accountability in Your People
Building Accountability in Your PeopleBuilding Accountability in Your People
Building Accountability in Your People
Ian Cook
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
ShubhamRawat877276
 
CareerLeaderReport
CareerLeaderReportCareerLeaderReport
CareerLeaderReport
Jonathon Hogg
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
ShaikSaifulla5
 
Week 4 Career planning HOSF2064Lesson Objectives Ass.docx
Week 4 Career planning HOSF2064Lesson Objectives Ass.docxWeek 4 Career planning HOSF2064Lesson Objectives Ass.docx
Week 4 Career planning HOSF2064Lesson Objectives Ass.docx
jessiehampson
 
CAREER CLIMBER
CAREER CLIMBERCAREER CLIMBER
CAREER CLIMBER
NISANTHN
 
Unit 1 Session 1 Supervisory Development Course.pptx
Unit 1 Session 1 Supervisory Development Course.pptxUnit 1 Session 1 Supervisory Development Course.pptx
Unit 1 Session 1 Supervisory Development Course.pptx
AccountAlugriv
 
Charting out the Perfect Career Guidance for Business Ad
Charting out the Perfect Career Guidance for Business AdCharting out the Perfect Career Guidance for Business Ad
Charting out the Perfect Career Guidance for Business Ad
LhayneDF
 
Vital Ingredients in Employee Recruitment
Vital Ingredients in  Employee RecruitmentVital Ingredients in  Employee Recruitment
Vital Ingredients in Employee Recruitment
HL Lesbrown
 
Motivation
MotivationMotivation
Motivation
James McCann
 
18 warning signs you need to be a better manager... plus tips to improve!
18 warning signs you need to be a better manager... plus tips to improve!18 warning signs you need to be a better manager... plus tips to improve!
18 warning signs you need to be a better manager... plus tips to improve!
Halogen Software
 
Presentation_final.pptx
Presentation_final.pptxPresentation_final.pptx
Presentation_final.pptx
tameneaDemissie
 

Similar to Chapter 11 (20)

life orientation CAREER PLANNING
life orientation CAREER PLANNINGlife orientation CAREER PLANNING
life orientation CAREER PLANNING
 
Advancing your career
Advancing your careerAdvancing your career
Advancing your career
 
Successful Career Skills-Audika premium stock Addition
Successful Career Skills-Audika premium stock AdditionSuccessful Career Skills-Audika premium stock Addition
Successful Career Skills-Audika premium stock Addition
 
The First 90 days
The First 90 daysThe First 90 days
The First 90 days
 
Successful career skills step by step
Successful career skills step by stepSuccessful career skills step by step
Successful career skills step by step
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
 
Professional studies slideshare presentation
Professional studies slideshare  presentation Professional studies slideshare  presentation
Professional studies slideshare presentation
 
Career planning in Global Human Resources Management
Career planning in Global Human Resources ManagementCareer planning in Global Human Resources Management
Career planning in Global Human Resources Management
 
Building Accountability in Your People
Building Accountability in Your PeopleBuilding Accountability in Your People
Building Accountability in Your People
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
 
CareerLeaderReport
CareerLeaderReportCareerLeaderReport
CareerLeaderReport
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
 
Week 4 Career planning HOSF2064Lesson Objectives Ass.docx
Week 4 Career planning HOSF2064Lesson Objectives Ass.docxWeek 4 Career planning HOSF2064Lesson Objectives Ass.docx
Week 4 Career planning HOSF2064Lesson Objectives Ass.docx
 
CAREER CLIMBER
CAREER CLIMBERCAREER CLIMBER
CAREER CLIMBER
 
Unit 1 Session 1 Supervisory Development Course.pptx
Unit 1 Session 1 Supervisory Development Course.pptxUnit 1 Session 1 Supervisory Development Course.pptx
Unit 1 Session 1 Supervisory Development Course.pptx
 
Charting out the Perfect Career Guidance for Business Ad
Charting out the Perfect Career Guidance for Business AdCharting out the Perfect Career Guidance for Business Ad
Charting out the Perfect Career Guidance for Business Ad
 
Vital Ingredients in Employee Recruitment
Vital Ingredients in  Employee RecruitmentVital Ingredients in  Employee Recruitment
Vital Ingredients in Employee Recruitment
 
Motivation
MotivationMotivation
Motivation
 
18 warning signs you need to be a better manager... plus tips to improve!
18 warning signs you need to be a better manager... plus tips to improve!18 warning signs you need to be a better manager... plus tips to improve!
18 warning signs you need to be a better manager... plus tips to improve!
 
Presentation_final.pptx
Presentation_final.pptxPresentation_final.pptx
Presentation_final.pptx
 

More from Avinash Kumar

Chap010
Chap010Chap010
Chap010
Avinash Kumar
 
Chap009
Chap009Chap009
Chap009
Avinash Kumar
 
Chap011
Chap011Chap011
Chap011
Avinash Kumar
 
Chap006
Chap006Chap006
Chap006
Avinash Kumar
 
Chap004
Chap004Chap004
Chap004
Avinash Kumar
 
Chap003
Chap003Chap003
Chap003
Avinash Kumar
 
Chap005
Chap005Chap005
Chap005
Avinash Kumar
 
Chap007
Chap007Chap007
Chap007
Avinash Kumar
 
Chap008
Chap008Chap008
Chap008
Avinash Kumar
 
Chap002
Chap002Chap002
Chap002
Avinash Kumar
 
Chap001
Chap001Chap001
Chap001
Avinash Kumar
 
Kotlers Soft Copy
Kotlers Soft CopyKotlers Soft Copy
Kotlers Soft Copy
Avinash Kumar
 
SHRM
SHRMSHRM
Selection
SelectionSelection
Selection
Avinash Kumar
 
Recruitment
RecruitmentRecruitment
Recruitment
Avinash Kumar
 
Job Analysis
Job AnalysisJob Analysis
Job Analysis
Avinash Kumar
 
Hrp
HrpHrp
Hra
HraHra
Chapter 30
Chapter 30Chapter 30
Chapter 30
Avinash Kumar
 
Chapter 29
Chapter 29Chapter 29
Chapter 29
Avinash Kumar
 

More from Avinash Kumar (20)

Chap010
Chap010Chap010
Chap010
 
Chap009
Chap009Chap009
Chap009
 
Chap011
Chap011Chap011
Chap011
 
Chap006
Chap006Chap006
Chap006
 
Chap004
Chap004Chap004
Chap004
 
Chap003
Chap003Chap003
Chap003
 
Chap005
Chap005Chap005
Chap005
 
Chap007
Chap007Chap007
Chap007
 
Chap008
Chap008Chap008
Chap008
 
Chap002
Chap002Chap002
Chap002
 
Chap001
Chap001Chap001
Chap001
 
Kotlers Soft Copy
Kotlers Soft CopyKotlers Soft Copy
Kotlers Soft Copy
 
SHRM
SHRMSHRM
SHRM
 
Selection
SelectionSelection
Selection
 
Recruitment
RecruitmentRecruitment
Recruitment
 
Job Analysis
Job AnalysisJob Analysis
Job Analysis
 
Hrp
HrpHrp
Hrp
 
Hra
HraHra
Hra
 
Chapter 30
Chapter 30Chapter 30
Chapter 30
 
Chapter 29
Chapter 29Chapter 29
Chapter 29
 

Recently uploaded

Demystifying Knowledge Management through Storytelling
Demystifying Knowledge Management through StorytellingDemystifying Knowledge Management through Storytelling
Demystifying Knowledge Management through Storytelling
Enterprise Knowledge
 
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
zjhamm304
 
Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving
 
What is an RPA CoE? Session 2 – CoE Roles
What is an RPA CoE?  Session 2 – CoE RolesWhat is an RPA CoE?  Session 2 – CoE Roles
What is an RPA CoE? Session 2 – CoE Roles
DianaGray10
 
GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)
Javier Junquera
 
AI in the Workplace Reskilling, Upskilling, and Future Work.pptx
AI in the Workplace Reskilling, Upskilling, and Future Work.pptxAI in the Workplace Reskilling, Upskilling, and Future Work.pptx
AI in the Workplace Reskilling, Upskilling, and Future Work.pptx
Sunil Jagani
 
Principle of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptxPrinciple of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptx
BibashShahi
 
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
DanBrown980551
 
Day 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio FundamentalsDay 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio Fundamentals
UiPathCommunity
 
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectorsConnector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
DianaGray10
 
"$10 thousand per minute of downtime: architecture, queues, streaming and fin...
"$10 thousand per minute of downtime: architecture, queues, streaming and fin..."$10 thousand per minute of downtime: architecture, queues, streaming and fin...
"$10 thousand per minute of downtime: architecture, queues, streaming and fin...
Fwdays
 
Must Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during MigrationMust Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during Migration
Mydbops
 
AppSec PNW: Android and iOS Application Security with MobSF
AppSec PNW: Android and iOS Application Security with MobSFAppSec PNW: Android and iOS Application Security with MobSF
AppSec PNW: Android and iOS Application Security with MobSF
Ajin Abraham
 
Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |
AstuteBusiness
 
Lee Barnes - Path to Becoming an Effective Test Automation Engineer.pdf
Lee Barnes - Path to Becoming an Effective Test Automation Engineer.pdfLee Barnes - Path to Becoming an Effective Test Automation Engineer.pdf
Lee Barnes - Path to Becoming an Effective Test Automation Engineer.pdf
leebarnesutopia
 
AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)
HarpalGohil4
 
Dandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity serverDandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity server
Antonios Katsarakis
 
Leveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and StandardsLeveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and Standards
Neo4j
 
"Frontline Battles with DDoS: Best practices and Lessons Learned", Igor Ivaniuk
"Frontline Battles with DDoS: Best practices and Lessons Learned",  Igor Ivaniuk"Frontline Battles with DDoS: Best practices and Lessons Learned",  Igor Ivaniuk
"Frontline Battles with DDoS: Best practices and Lessons Learned", Igor Ivaniuk
Fwdays
 
What is an RPA CoE? Session 1 – CoE Vision
What is an RPA CoE?  Session 1 – CoE VisionWhat is an RPA CoE?  Session 1 – CoE Vision
What is an RPA CoE? Session 1 – CoE Vision
DianaGray10
 

Recently uploaded (20)

Demystifying Knowledge Management through Storytelling
Demystifying Knowledge Management through StorytellingDemystifying Knowledge Management through Storytelling
Demystifying Knowledge Management through Storytelling
 
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
 
Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024
 
What is an RPA CoE? Session 2 – CoE Roles
What is an RPA CoE?  Session 2 – CoE RolesWhat is an RPA CoE?  Session 2 – CoE Roles
What is an RPA CoE? Session 2 – CoE Roles
 
GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)
 
AI in the Workplace Reskilling, Upskilling, and Future Work.pptx
AI in the Workplace Reskilling, Upskilling, and Future Work.pptxAI in the Workplace Reskilling, Upskilling, and Future Work.pptx
AI in the Workplace Reskilling, Upskilling, and Future Work.pptx
 
Principle of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptxPrinciple of conventional tomography-Bibash Shahi ppt..pptx
Principle of conventional tomography-Bibash Shahi ppt..pptx
 
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
 
Day 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio FundamentalsDay 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio Fundamentals
 
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectorsConnector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
 
"$10 thousand per minute of downtime: architecture, queues, streaming and fin...
"$10 thousand per minute of downtime: architecture, queues, streaming and fin..."$10 thousand per minute of downtime: architecture, queues, streaming and fin...
"$10 thousand per minute of downtime: architecture, queues, streaming and fin...
 
Must Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during MigrationMust Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during Migration
 
AppSec PNW: Android and iOS Application Security with MobSF
AppSec PNW: Android and iOS Application Security with MobSFAppSec PNW: Android and iOS Application Security with MobSF
AppSec PNW: Android and iOS Application Security with MobSF
 
Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |
 
Lee Barnes - Path to Becoming an Effective Test Automation Engineer.pdf
Lee Barnes - Path to Becoming an Effective Test Automation Engineer.pdfLee Barnes - Path to Becoming an Effective Test Automation Engineer.pdf
Lee Barnes - Path to Becoming an Effective Test Automation Engineer.pdf
 
AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)
 
Dandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity serverDandelion Hashtable: beyond billion requests per second on a commodity server
Dandelion Hashtable: beyond billion requests per second on a commodity server
 
Leveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and StandardsLeveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and Standards
 
"Frontline Battles with DDoS: Best practices and Lessons Learned", Igor Ivaniuk
"Frontline Battles with DDoS: Best practices and Lessons Learned",  Igor Ivaniuk"Frontline Battles with DDoS: Best practices and Lessons Learned",  Igor Ivaniuk
"Frontline Battles with DDoS: Best practices and Lessons Learned", Igor Ivaniuk
 
What is an RPA CoE? Session 1 – CoE Vision
What is an RPA CoE?  Session 1 – CoE VisionWhat is an RPA CoE?  Session 1 – CoE Vision
What is an RPA CoE? Session 1 – CoE Vision
 

Chapter 11

  • 1. CAREER AND SUCCESSION PLANNING Chapter EXCEL BOOKS 11-1 11
  • 2. ANNOTATED OUTLINE 11-2 The concept of career A career comprises of a series of work related activities, that offer continuity, order and meaning to a person’s life. The underlying idea behind a career is that a person can shape his destiny through a number of well planned and well timed, positive steps. The success of one’s career, therefore, depends on the individual more than anything else. Career And Succession Planning
  • 3.
  • 4. 11-4 Career stages A career includes many positions, stages and transitions just as a person’s life does. Career And Succession Planning
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. 11-13 Career Development Career And Succession Planning Career development consists of the personal actions one undertakes to achieve a career plan. The actions for career development may be initiated by the individual himself or by the organisation Individual career development: Some of the important steps that could help employees achieve their career goals could be listed thus;
  • 14.
  • 15.
  • 16.
  • 17. 11-17 Career self assessment instrument Career And Succession Planning
  • 18. 11-18 Career And Succession Planning Career self assessment instrument
  • 19.
  • 20.
  • 21. 11-21 Career And Succession Planning Career Development Strategies Of Indian Companies Career development strategies followed by three Indian companies At the organisation level, let us examine the career development strategies adopted by three leading companies in India. Ernst & Young (India) The global consulting firm uses the same career development methodology in India that it uses elsewhere. Primarily, it seeks to align individual aspirations with organisational, business and functional goals, using the formal assessment system to check for skill gaps and career potential. While designing training tools, things that are given serious attention are past performance, future potential, the individual skill sets and competencies of each manager, and the need of the company. However, the firm often takes the assistance of professional trainers brought in from E&Y offices worldwide, or relevant institutions to design specific training programmes for different categories and levels of managers. Cont…
  • 22. 11-22 Hyundai Motor (India) Most executives working for this South Korean car-maker, which started operations in India relatively recently, are middle-level recruits from different industries who have been chosen on the basis of their track record—a factor whose influence pervades the company’s career development system. The company aims to convert these managers into ‘achievers’ for Hyundai, with attributes like mental toughness, professional competence, and an ambition to advance. The HR department devises interventions keeping these goals in mind. The HR functionaries are expected to look at the development process holistically. The company also conducts a three-day process lab where the system is discussed using case studies. Seagram (India) The Canadian liquor major has a career development system that hinges on speedy induction. Among the inputs given during the induction programme, fitting in with the organisational culture is critical. The aim is to enable the new entrant to hit the ground running in terms of performance. The programmes also includes sessions on the history of the organisation, product portfolio, and operations. The programme includes visits to markets and bottling units and sessions with each functional head. Career And Succession Planning Career development strategies followed by three Indian companies
  • 23. Career Management 11-23 Career management includes both organisational actions and individual efforts aimed at setting career goals, formulating and implementing strategies and monitoring the results. The career management model Career And Succession Planning
  • 24. 11-24 Career And Succession Planning Advantages And Limitations Of Career Planning Career planning offers significant benefits to both the individual and the organisation. The employee has advance knowledge of available career opportunities. He or she can set appropriate career goals and plan to achieve them over a period of time. Organisations, too, can separate the stars from the mediocre and reward the efforts of those who are hard working and talented. This would, in turn, improve employer-employee relations. On the negative side, for small scale units, career planning may prove to be a difficult and costly exercise. Sometimes, local laws, union pressures could upset career planning efforts. Not every company would be able to resolve all career related issues successfully.
  • 25.
  • 26. 11-26 Career And Succession Planning Succession Planning The basic purpose of succession planning is to identify and develop people to replace current job holders in key positions. Through succession planning organisations ensure a steady flow of internal talent to fill important vacancies. Succession planning encourages “hiring from within” and creates a healthy environment where employees have careers and not merely jobs. It should be noted here that career planning (which covers executives at all levels), by its very nature, includes succession planning (which covers key positions at higher levels)
  • 27. 11-27 Career And Succession Planning Replacement Chart A replacement chart is a visual representation of who will replace whom if there is a job opening
  • 28.