Human Resource Management 10th Edition Appendix Chapter 7 CAREER PLANNING AND DEVELOPMENT © 2008 by Prentice Hall 7A-1 Career Planning and Development Definitions • Career - General course that a person chooses to pursue throughout working life • Career planning - Ongoing process whereby individual sets career goals and identifies means to achieve them • Organizational career planning - Firm identifies paths and activities for individual employees as they develop © 2008 by Prentice Hall 7A-2 Career Planning and Development Definitions (Cont.) • Career path - Flexible line of movement through which employee may move during employment with company • Career development - Formal approach used by organization to help people acquire skills and experiences needed to perform current and future jobs © 2008 by Prentice Hall 7A-3 Career Planning • Process where plan life’s work • Evaluates abilities and interests • Considers alternative career planning • Establishes goals • Plans developmental activities © 2008 by Prentice Hall 7A-4 Individual Career Planning: The Self-Assessment • Process of learning about oneself • Realistic self-assessment may help person avoid mistakes • Getting to know yourself is not a singular event • Should be viewed as continuous process • primary responsibility for career planning rests with the individual © 2008 by Prentice Hall 7A-5 Strength/Weakness Balance Sheet • Self-evaluation procedure, developed originally by Benjamin Franklin that assists people in becoming aware of strengths and weaknesses • Individual lists strengths and weaknesses as he or she perceives them • Perception of weakness often becomes a self-fulfilling prophecy © 2008 by Prentice Hall 7A-6 Likes and Dislikes Survey • Assists individuals in recognizing restrictions they place on themselves • Looking for qualities you want in job and attributes of job you do not want © 2008 by Prentice Hall 7A-7 Using the Web for Self-Assessment Assistance • Valuable information available • Some sites free, others charge modest fee © 2008 by Prentice Hall 7A-8 Using the Web for Career Planning Assistance • Large amount of free information available • Develop and maintain a professional network • Investigate specific companies © 2008 by Prentice Hall 7A-9 Organizational Career Planning Planned succession of jobs worked out by a firm to develop its employees Begins with a person’s job placement and initial orientation Organizational career planning must closely parallel individual career planning if a firm is to retain its best and brightest workers © 2008 by Prentice Hall 7A-10 Objectives Organizational Career Planning Expected to Achieve • Effective development of available talent • Self-appraisal opportunities for employees considering new or nontraditional career paths • Development of career paths that cut across divisions and geographic locations • Demonstration of a tangible commitment to EEO and affirmative action © 2008 by Prentice Hall 7A-11 Objectives Organizational Career Planning Expected to Achieve (Cont.) • Satisfaction of employees’ specific development needs • Improvement of performance • Increased employee loyalty and motivation • Method of determining training and development needs © 2008 by Prentice Hall 7A-12 Career Paths • Traditional career path • Network career path • Lateral skill path • Dual career path • Adding value to your career • Demotion • Free agents (being own boss) © 2008 by Prentice Hall 7A-13 Traditional Career Path Employee progresses vertically upward in organization from one specific job to the next Not as viable a career path option today © 2008 by Prentice Hall 7A-14 Network Career Path • Both vertical job sequence and horizontal opportunities • Recognize experience interchangeable at certain levels and broad experience at one level needed before promotion to next level © 2008 by Prentice Hall 7A-15 Lateral Skill Path • Lateral moves within company • Employee becomes revitalized and finds new challenges • No pay or promotion involved • Opportunity to develop new skills © 2008 by Prentice Hall 7A-16 Dual Career Path Technical specialists contribute expertise without having to become managers © 2008 by Prentice Hall 7A-17 Adding Value to Retain Present Job • Workers view themselves as independent contractors who must constantly improve their skills to continually add value to organization • Workers need to develop own plan © 2008 by Prentice Hall 7A-18 Demotion • A more realistic option today with limited promotional opportunities and the fast pace of technological change • Senior employee can escape unwanted stress without being a failure © 2008 by Prentice Hall 7A-19 Free Agents Take charge of all or part of career by being own boss or working for others in ways that fit particular needs or wants © 2008 by Prentice Hall 7A-20 Career Planning and Development Methods • Manager/Employee SelfService • Discussion with knowledgeable individuals • Company material • Performance appraisal system • Workshops • Personal development plans © 2008 by Prentice Hall 7A-21 Developing Unique Segments of the Workforce • • • • • Baby Boomers Developing Generation X employees Developing the new factory workers Generation Y -- As Future Employees Generation I -- As Future Employees © 2008 by Prentice Hall 7A-22 Baby Boomers • People born between just after World War II through the mid-1960s • Corporate downsizing in the 1980s and 1990s cast aside millions of baby boomers • Now returning • Do not appear ready to retire © 2008 by Prentice Hall 7A-23 Generation X Employees • Label affixed to the 40 million American workers born between the mid1960s and late 1970 • Xers careers not founded on relationship with any one employer © 2008 by Prentice Hall 7A-24 The New Factory Worker • Life on factory line requires more brains than brawn • Laborers identifying skills and educational strengths and weaknesses and adaptability © 2008 by Prentice Hall 7A-25 Generation Y -- As Present and Future Employees • People born between the late 1970s and early 1990s • Never wound a watch, dialed a rotary phone, or plunked the keys of a manual typewriter • Leading edge of generation that will be richest, smartest and savviest ever • Often referred to as the echo boomers, and nexters • Want a workplace that is both fun and rewarding • Childhoods have been short-lived © 2008 by Prentice Hall 7A-26 Generation I -- As Future Employees • Bill Gates, chairman of Microsoft Corporation, referred to children born after 1994 as Generation I • First generation to grow up with Internet • Internet will change Generation I’s world as much as television transformed world after World War II © 2008 by Prentice Hall 7A-27 © 2008 by Prentice Hall 7A-28