Career planning and succession planning

1. KULDEEP MATHUR
M.B.A.
JIWAJI UNIVERSITY GWALIOR

2. Organization of talk….
What is career planning ?
Glimpse of career planning process
How important is career planning
Guidelines
Career planning done by : Individuals
Organizations
Components of career planning

3. Job vs career
“What can I do now to make money?”
Career – Chosen Profession for your life. Requires a willingness to get
the training needed to build your skills for the future.
A career is the work a person does. It is the sequence of jobs that
an individual has held throughout his or her working life E.g.
occupation of nursing.

4. CHARACTERISTICS OF CAREER
PLANNING
• It is an ongoing process
• It develops and shares a personal life career diagrams/timeline
• It defines career, abilities and interests of employees
• It describes the various roles an individual may have as part of his career
and organization.
• It helps individual to develop skills required to fulfill different career roles,
within or outside an org
• It strengthens work-related activities in the organization.
• It charts out professional directions as they relate to career goals.

5. BENEFITS OF CAREER PLANNING
• Career planning develops promotable employees.
• Career planning reduces employee turnover.
• Career planning encourages employees’ growth and
development.
• Career planning reduces hoarding.
• Career planning will ensure that senior management will
become aware of the interests, skills and qualifications of
employees who would have better chances of moving
upwards.

6. Here You…
• Explore your interests and
abilities
• Strategically plan your career
goals
• Create your future work success
by designing learning and action
plans to help you achieve your
goals.

7. • The major focus is matching personal
goals and opportunities that are
realistically available.
• Career planning is building bridges
from one’s current job/career to next
job/career.
• Well-conceived career plan is flexible
to accommodate changing opportunities
for development career.
Contd……

8. How important is career planning?
• People leave an organization due to lack of career growth.
• Deeper focus on an employee’s aims and aspirations .
• Degree of clarity .
• Helps in identifying handicaps & the blind spots to
overcome.
• Significant motivator .
• Key retention tool.

9. Contd…
• High-level vision and goals of company are clearly made
known to employees.
• Growth of an organization is intrinsically linked with the
growth of an individual.
• Matching organization vision & employees aspirations is
must.

10. Individual Organization

11. Individual Career Planning
Individual Career Planning Process
Self-Assessment
Explore Information
Explore Opportunities
Make Decision
Action Plan
Audit Results

12. Individual Career Planning Process
Self-Assessment
Step 1: Self- Assessment
Process of gathering information about
self in order to make an informed career
decision
What are my motivating skills,
interests & values?
What new learning do I want?
Which work environment am I most
suited to?

13. Explore Information
Step 2: Explore Information
Process of assessing the data gathered
about self and exploring it with an open
perspective
How do I use self-assessment data to
develop options?
Are these options compatible with my
lifestyle?
Do I have any barriers/constraints at
this point?
Individual Career Planning Process

14. Explore Opportunities
Step 3: Explore Opportunities
Gathering career information which
includes- employment outlook.
What work-life options are available to
me?
Who can I ask for guidance?
How can I check my work-life options?
Individual Career Planning Process

15. Make Decision
Step 4: Make Decision
Process of decision-making for future
career option
Has the technique been adopted by me
for deciding on my career option a valid
one?
Who will listen to me and assist me
with my decision making ?
Individual Career Planning Process

16. Action Plan
Step 5: Action Plan
Develop the steps needed to take in
order to reach your goals
Have I planned what I need to do now
and later?
How do I market myself?
What should I put in my resume?
Individual Career Planning Process

17. Audit Results
Step 6: Audit Results
By working through the earlier steps
develop a better understanding of ones
career situation and audit the results
Have my expectations been met?
Are the results beneficial to me?
What have I learnt from the transition
process?
Individual Career Planning Process

18. Direction
Career Time
Transitions
Career planning options
Projected Outcome

19. What is Succession Planning?
Succession Planning is ongoing process of
• Systematically identifying
• Assessing
• Developing organizational leadership
Succession Planning entails three steps:
• Identifying and analyzing key jobs
• Creating and assessing candidates
• Selection