CAREER AND CAREER MANAGEMENT 1 GROUP NO: 08 PRESENTERS Sadaf Butt Zainab 20020920-023 20020920-026 Mohsin Sadiq 20020920-027 Fiza Ishtiaq 20020920-042 Muqaddas Qadeer 20020920-053 Khalid Abrar 20020920-054 Amina Tahir Tayyaba 20020920-087 20020920-204 2 20020920-023 Managing Careers Helps Accenture Reach Out To Its Virtual Work Force o Accenture is a management consulting firm and has offices in 150 cities across the globe, including Argentina, south Korea, Poland, andUSA. o It encourages employees to spend time with clients outside of offices, and they have virtual management work forceof178,000employees. o Accenture’s consultants analyze clients’ business needs anddesign andimplement solutions. o Careers marketplace, a website, by Accenture that provide employees with information about changing careers withinthe company. 3 20020920-023 Managing Careers Helps Accenture Reach Out To Its Virtual Work Force o Accenture is a management consulting firm and has offices in 150 cities across the globe, including Argentina, south Korea, Poland, andUSA. o It encourages employees to spend time with clients outside of offices, and they have virtual management work forceof178,000employees. o Accenture’s consultants analyze clients’ business needs anddesign andimplement solutions. o Careers marketplace, a website, by Accenture that provide employees with information about changing careers withinthe company. 4 20020920-023 INTRODUCTION o Career development is important for companies to create andkeep acontinuous learning environment. o A study conducted by pricewaterhousecoopers suggests that companies that are successful at managing the employee growth focus on recruitment, career development, culture orientation, andcommunications. o The biggest challenge companies face is how to find a balance between advancing current employees’ careers while simultaneously attracting and acquiring employees withnewskills. 5 20020920-023 Why Is Career Management Important? Career management is the process through which employees: o Become aware of their own interests, values, strengths, andweaknesses. o Obtain information about job opportunities within the company. o Identify career goals. o Establish actionplans toachieve careergoals . 6 20020920-023 Career Management’s Influence On Career Motivation Career motivation means employees’ energy to invest in their careers, their awareness of career direction and to maintain both while encountering barriers. . 7 20020920-023 Components Of Career Motivation Careermotivation has three aspects: 1. Career Resilience: the extent to which employees can cope withproblems that affect theirwork. 2. Career Insight: means how much employees know about their interests and their skill strengths and weaknesses and their awareness of how these perceptions relate to theircareer goals. 3. Career Identity: the degree to which employees define theirpersonal values according totheir work. . 8 20020920-023 The Value of Career Motivation 9 WHAT IS CAREER ? It is the individual sequence of attitudes and behavior associated with work- related experiences and activities over the span of the person’s life. The concept of careers can be described: o as an advancement. o as a profession. o a lifelong sequence of jobs. o a lifelong sequence of role-related experiences. o Protean career: based on self-direction with the goal of psychological success in one’s work. o Psychological success: WHAT IS CAREER ? the feeling of pride and accomplishment that comes from achieving life goals that are not limited to achievements at work. o Psychological contract: the expectations employers and employees have about each other. 20020920-026 Comparison Of Traditional Career And Protean Career Dimension Age Traits Goal Mid 40s to mid 50s (Born 1946-1964) Are idealistic Psychological Contract Mobility Are competitive Late 50s to early 80s (Born in 1945 or before) Question authority Responsibility for Management Are members of the “me” generation Pattern Want flexible retirement Expertise Want meaningful work Development 12 20020920-026 Suggested Characteristics Of Different Generations Of Employees Generation Age Traits Millennium 90 to late 20s (Born 1982-2000) Are independent spenders Are globally concerned Are health conscious Accept nontraditional families Accept constant change Understand need for training to remain employable Are cyber-savvy Have high expectations Generation X Mid 20s to early 40s (Born 1965-1981) Are experienced and confident using new technologies Are diverse Are Independent Are entrepreneurial Are flexible Are team players 13 20020920-026 Suggested Characteristics Of Different Generations Of Employees Generation Age Traits Baby Boomers Mid 40s to mid 50s (Born 1946-1964) Are idealistic Are competitive Question authority Are members of the “me” generation Traditionalis Late 50s to early 80s ts (Born in 1945 or before) Are patriotic Are loyal Are fiscally conservative 14 20020920-027 A Model Of Career Development Career development involves progressing through stages, with various tasks and relationships. Different models offer diverse perspectives on careerprogression. 15 20020920-027 LIFE-CYCLE MODELS o Developmental Tasks: Employees encounter specific tasks and move through distinct stages intheir careers o Distinct Career Stages: Employees navigate through different stages, each requiring changes in activities and relationships. o Learning And Adaptation: Employees learn to perform certainactivities, adapting tothe demands ofeach stage. 16 20020920-027 Directional Pattern Model o Form Of Careers: This model describes the form or shape of careersand their progression. o Employee Decisions: Employees make decisions about career progression and returning to earlier careerstages. o Career Shapes: Careers may have linear shapes, or they may follow a spiral form with various job changes. 17 20020920-027 Organization-based Models o Career Stages: These models propose that career development involves learning and performing certainactivities. o Learning to Perform: employees adapt to new activities and develop relationships with peers and managers o Progress and Change: Career development is a series of stages involving changes in activities and relationships. 18 1. EXPLORATION STAGE o Identifying Interests: Individuals seek to identify their interests, values, and work preferences to choose a suitable career path. o Apprenticeship: New employees work under supervision, requiring orientation and socialization activities for a smooth start. o Independent Contribution: Employees 2. ESTABLISHMENT STAGE establish themselves, make independent contributions, and achieve more responsibility and financial success. o Colleagues: Employees are considered colleagues, work independently, and learn from informal interactions and formal feedback. o Work-life Balance: Developing policies to help employees balance work and nonwork roles becomes crucial at this stage. •Focus on keeping skills up to date. •Concerned with maintaining a positive 3. MAINTENANCE STAGE perception of contribution to the company. •Have extensive job experience and knowledge. •In-depth understanding of company expectations and business conduct. •Valuable as trainers or mentors for new employees. Roles of mentors: mentors are experienced employees who teach or assist less experienced colleagues. 3. MAINTENANCE STAGE Involvement in policy and goal development: maintenance-stage employees may be involved in reviewing or developing company policies and goals. Career development at general electric: during performance reviews, employees discuss goals with managers. Reviews are examined by operations and human resources personnel. 3. MAINTENANCE STAGE Examples Of Career Development Initiatives • Older managers with knowledge about the company assisting in integrating newly acquired businesses. • Managers with newfound mobility encouraged to take advantage of overseas assignments. . • Individuals may take on the role of a sponsor, providing direction to others, representing the company, initiating actions, and making decisions. • Often associated with retirement and a focus 4. DISENGAGEMENT • STAGE on nonwork activities like sports, hobbies, traveling, or volunteer work. Many older employees prefer a gradual reduction in work hours over traditional retirement. • Phased retirement programs benefit both the employee and the company. • Involves preparation for a shift in the balance between activities. work and nonwork o Company's role: major career management activities in the disengagement stage include retirement planning and outplacement. 4. DISENGAGEMENT STAGE o Career changes in this stage: employees may leave a company due to changes in interests, values, abilities, downsizing, mergers, or pursuing new occupations or jobs. o Challenges and benefits of phased retirement: employees can choose retirement in a way that meets their financial and emotional needs. Recycling: involves changing major work activity, often at an older age. 4. DISENGAGEMENT STAGE Examples include employees pursuing new careers such as fashion designing, marketing, or transitioning from performance to backstage roles. Companies may develop retraining programs to address labor shortages by recycling employees into new jobs and careers. Examples of recycling in careers: example of a corporate manager at general electric pursuing a lifelong dream of becoming a fashion designer after early retirement. Informational Interviews And Career Exploration 4. DISENGAGEMENT STAGE Employees considering recycling often conduct informational interviews with managers and employees in areas of interest. Gathering information about skills, job demands, and benefits is informed career decisions. crucial for 20020920-053 CAREER MANAGEMENT SYSTEM Career management systems include the 4 components 1. Self assessment 2. Reality check 3. Goal setting 4. Action planning 28 CAREER MANAGEMENT SYSTEM The four steps in the career management process use the development activities o Formal education o Assessment o Job experience o Interpersonal skills 20020920-053 CAREER MANAGEMENT SYSTEM The career management process is similar to the development planning process. o Self assessment & reality check o Goal setting o Action planning assessment formal education job experiences & relationship 1.SELF ASSESSMENT Refers to the use of information by employees to determine their career interests, values, aptitudes, and behavioral tendencies. It involves: Psychological Test o Strong Campbell Interest Inventory o Self -Directed Search 20020920-053 Example Of Self Assessment Test 32 2. REALITY CHECK Reality check refers to the information employees receive about how the company evaluates their skills and knowledge and where they fit into the company’s plans. For Example :Coca-Cola career planning system In goal setting, employees develop shortand long-term career objectives. These goals usually relate to: 3. GOAL SETTING o Desired positions o Level of skill application o Work setting o Skill acquisition 20020920-053 Example Of Career Development Plan 35 o Employees determine hoe they will achieve their long term and short term goals. 4. ACTION PLAN o It may also include training and courses. o Employees has opportunity to expand their skills as well as achieve their goals at the same time. o The UPS system includes all the steps in 4. ACTION PLAN the career planning process. The most important feature is the sharing the information of the individual. o It also have some several designed feature that should be include in the career management system according to the business needs and strategies. Like system is positioned and evaluation is ongoing etc. Career Management System On Web 20020920-054 o A lot of companies have web sites that provides information with self assessment tools, salary's for jobs and other description for the job within the company. o Boththe users gainvaluable information fromthesystem. o This system gives employees control and responsibilities for identifying skill deficiencies andencourages them todiscuss theirmanagement. o This online system includes a job-fit analysis that allows employees to compare their current competencies with the job positions they would like to have in the future. o It creates a profile which gives both current and future managers a living, up-todate narrative oftheiremployees goals andaspirations 38 20020920-087 EMPLOYEE ROLES AND MANAGER ROLES Employee’s Role in Career Management "Briefly introduce the concept of the new psychological contract and protean career. Highlight the importance of employees taking responsibility for their own career planning. Employee’s Role in Career Management 39 20020920-087 Discuss how IBM’s program encourages employees to take responsibility for career development. Mention training and development opportunities, including job rotations and crossfunctional projects. Blue Opportunities at IBM 40 20020920-087 EMPLOYEE ACTIONS FOR CAREER MANAGEMENT List key actions employees should take, such as seeking feedback, identifying development needs, and creating visibility through good performance. 41 20020920-087 Introduce the importance of managers in the career management process. Emphasize that employees often look to managers for career advice and information. Manager’s Role in Career Management 42 20020920-087 Present the four roles: Coach, Appraiser, Advisor, and Referral Agent. Outline responsibilities for each role using a concise table format. Continue detailing the responsibilities of each manager role. Provide examples or scenarios to illustrate how managers can fulfill these roles effectively. Manager’s Four Roles in Career Management 43 20020920-087 Introduce José’s situation in the oil and chemical industry. Highlight the challenges he faces and the potential impact on his career. Case Study: José’s Career Management” 44 20020920-087 Summarize the steps Jose’s manager should take to address his career concerns. Emphasize the importance of communication and understanding Jose’s needs. Manager’s Approach with Jose 45 20020920-087 Present the expected outcomes of the career discussion between José and his manager. Emphasize agreement on developmental steps and understanding performance and options. Results of Career Discussion 46 20020920-204 Human Resource Managers Role: o Itprovide information oncareer paths. o Facilitate traininganddevelopment opportunities. o Provide specialized services such as testing to determine employees,values,interests,and skills.Preparing employees for job searches and offering counseling on career-related problems. 47 20020920-204 Company’s Role: Companies are responsible for providing employees with the resources needed to be successful in managing their careers. These resources include specific programs as well as processes forcareer management: o Career workshops(seminars on topics such as how the career management syatem work, self-assessment,goal setting and helping managerstoperformtheirroleincareermanagement. o Careerplanning workbooks(printed guides that direct employee through a seriesofexercises,discussionandguidelinesrelatedtocareerplanning. 48 20020920-204 Company’s Role: o Career counseling (advice from a professionally trained counselor who specializes inworking with employees seeking assistance with career issues). o Career paths (planning job sequences and identifying skills needed for advancement within and across job families, such as moving from technical jobs to management position . o Importance of monitoring the career management system for proper usage by managers and employees. 49 20020920-204 Evaluating Career Management System: o Career management system need to be evaluated to ensure that they meeting the needs of employees and the business. o Several types of outcomes can be used to evaluate career management system.First the reactions of the customers who use the career management system can be determined through surveys. o Highlight the significance of employee and manager feedback on the career management system, emphasizing aspects like information timeliness, helpfulness, and quality 50