1. Career planning is a process of systematically matching career goals and individual capabilities with opportunities for their fulfillment. 2. It involves self-assessment, setting goals, choosing academic and career options, making a plan of action, and seizing opportunities. 3. Career planning benefits both employees and organizations by facilitating internal staffing and promotions, workforce diversity, personal growth, and lower turnover.

1. Under the guidance of Prepared by:
Mr. Manpreet Singh Anju (0046)
Asst. Professor Kritika Sharma (0082)
GBS B.Com 3(A)

2. CAREER PLANNING
A career may be defined as 'a sequence of jobs that constitute
what a person does for a living'.
According to Schermerborn , Hunt and Osborn, 'career
planning is a process of systematically matching career goals
and individual capabilities with opportunities for their
fulfillment.'
In simple words, career planning is the process of enchancing an
employee's future value.

3.  Career
 Career Path

4. Terms in career planning
 Career goal
 Career planning

5. Terms in career planning
 Career Development

6. Features of career planning
 It is an ongoing process.
 It helps individual develop skills required to fulfill different
career roles.
 It strengthens work-related activities in the organization.
 It defines life, career, abilities and interest of the employees.
 It can also give professional directions , as they relate to
career goals.

7. Importance and Benefits of Career Planning
1. For Internal Staffing Requirements
Career is important for an organization for their internal staffing requirement. If
an employees sees growth in the organization he would always tries to get
promoted in the same company. It helps the company not to recruit people from
outside as the capable employees are available within the organization.
2. Develops Promotable Employees
Career planning also helps to develop the capable employees. An employee
seeking the career in same field he is currently working helps the organization to
develop such employee and helps them in the promotion for the smooth
functioning of the organization.

8. Importance and Benefits of Career Planning
3. Assists with work Force Diversity
Career planning also helps the organization as well as employees to
mange with the different cultures within and outside of the
organizations. It improve the efficiency of the employee as they
will be able to work in all kind of organizational environment and
surroundings.
4. Lowers Turnover
Career planning also assists in the lower turnover of the employee.
The Training and Development of the employees help them to
improve efficiency and proficiency and help them to chose wider
career option in the same organization.

9. Importance and Benefits of Career Planning
5. Further Personal Growth
Every employee in the organization seeks their both professional and
personal growth. The career planning is the process which helps the
employee to enhance their personality, behaviour, perception and
learning.
6. Facilitates International Placement
Choosing a right career path helps the employees in the international
placements too. A good career has always the opportunity to work
globally and building a success full path for their long term and short
term goals.

10. Steps in career planning process
• 1. Self- Assessment
• 2. Goal settings
• 3. Academic / Career Options
• 4. Plan of Action
• 5. Catch hold of opportunities

11. Steps in career planning process
1. Self- Assessment
Careful evaluation of your individual strengths, lifestyle preferences, passions,
work style, and financial needs is a vital and often overlooked step in planning your
various potential career paths.
In order to evaluate the suitability of work options, it is important to know both who
you are as a person and who you desire to become as a professional. This involves
taking a careful inventory of your current career values, interests, skills, and
personal qualities.
2. Goal settings
After you have looked at your options by doing self assessment and field research,
it is time to make a decision and set some goals. The components of this decision
are called your Job Target. Your Job Target is the specific industry and position you
choose to pursue. It may also include geographic location. Your Job Target can
change as you gain more experience and knowledge about yourself.

12. Steps in career planning process
3. Academic / Career Options
Choose your academic options as well as career option in which you have set your
goals and targets. There are lots of fields in which you can make career and lots of
paths are their to reach at your goal. Wisely choose your academic and career
option you have assessed before.
4. Plan of Action
No make a plan. There are many activities involved in launching your job search.
Writing a targeted resume is important to show employers how your skills relate to
their specific needs. Set aside the time to make calls, write cover letters and thank
you letters, conduct interviews, and do research. Be creative with the approaches
you use and remember to ask yourself, "Will this help me to stand out from my
competition?" Lastly, consistently update your resume with any new skills,
knowledge, and experience.

13. Contd...
5. Catch hold of opportunities
This is the step in the process where you implement what you
have learned and move forward towards a new job or more
advanced education. You should also continue to evaluate your
options and make adjustments as needed. Catch hold the
opportunity you get to start your career.

14. Tips for building a Career
• Realize your goals
• Never stop Learning
• Ask , Listen and Learn
• Fulfill your Current Job
• Build your Network
• Prepare Yourself

15. Conclusion
• Career Planning is 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 and abilities to the
optimum level.
• If You Don’t Plan You Don’t Succeed.