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This document discusses employee growth and career development. It begins with objectives to describe dimensions of employee growth and discuss succession planning. It then outlines the lecture, including an introduction to employee growth, career planning, career development activities, promotions, and succession planning. It discusses how organizations provide career development programs and initiatives to help employees grow, such as career planning, promotions, internal job postings, and succession planning. It emphasizes that while employees are responsible for managing their own careers, organizations should provide tools and opportunities to support career development.
This document discusses employee growth and career development. It begins with objectives to describe dimensions of employee growth and discuss succession planning. It then outlines the lecture, including an introduction to employee growth, career planning, career development activities, promotions, and succession planning. It discusses how organizations provide career development programs and initiatives to help employees grow, such as career planning, promotions, internal job postings, and succession planning. It emphasizes that while employees are responsible for managing their own careers, organizations should provide tools and opportunities to support career development.
This document discusses employee growth and career development. It begins with objectives to describe dimensions of employee growth and discuss succession planning. It then outlines the lecture, including an introduction to employee growth, career planning, career development activities, promotions, and succession planning. It discusses how organizations provide career development programs and initiatives to help employees grow, such as career planning, promotions, internal job postings, and succession planning. It emphasizes that while employees are responsible for managing their own careers, organizations should provide tools and opportunities to support career development.
Unit-6 Employee Growth 1 Program : MBA Semester : I Subject Code : MB0043 Subject Name : Human Resource Management Unit number : 6 Unit Title : Employee Growth Lecture Number : 6 Lecture Title : Employee Growth HOME NEXT C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 2
Objectives :
Describe the dimensions of employee growth
Discuss Succession Planning
HOME NEXT PREVIOUS Objectives C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 3 Introduction Career Organization initiative for employee growth Why organizations go for employee growth programs? Career Planning Career development activities Career Management Promotions Succession Planning Summary Check Your Learning Activity HOME NEXT PREVIOUS Lecture Outline C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 4
What is employee growth? Who is responsible for career planning?
HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth In the previous unit you have studied about Training and Development. In this unit you will study how employees and organization plan for employee career growth. This unit focuses on employees career aspects. 5 Introduction: HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 6 Employee Growth HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 7 Do you have future plans?
After completing your MBA successfully, what position you are expecting to acquire? .Executive-level Management ? Team Leader ? Senior Manager?
Where do you want to be next year ? Five years from Now ? Do you have a big picture .. Professionally Is your plan in place (written) ? Are you working on your plan?
All these question will help you in your career panning. Organizations also help employees in their career growth.
Employee Growth HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Career can be defined as an individually perceived sequence of attitudes and behavior work-related activities and experiences over the span of a persons life. 8 Manager Air host ess Doctor Career Internal focus: Individual views his career External focus: Series of job positions help by individual Chef A career is a sequence of work-related positions occupied by a person during a lifetime. Career HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Organization initiative for employee growth
Career Planning and Development
Promotions and Internal job Postings
Succession Planning Other activities focused on employee growth
9 HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Why organizations go for employee growth programs? To increase: Employee productivity
Control attrition:
Prevent job burnout
Obsolescence:
10 HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Career Development
Individuals plan and implement their own career plans Career Planning Organization implement employee career development programs Career Management 11 Dimensions of career development HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 12 It is the employees responsibility to manage his or her own career
While it is the employers responsibility to provide employees with the tools and opportunities to enhance their skills. Dimensions of career development HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Career Planning: The deliberate process through which someone becomes aware of personal skills ,interests, knowledge, motivations and other characteristics and establishes action plans to attain specific goals. Individuals plan and implement their own career plans Need for self-evaluation e.g., life/career stages, career anchors How to go about it-----Workbooks, workshops, counseling 13 Career Planning HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Self Assessment Individual counseling Information services Organizational assessment programs Developmental programs Initial employment programs 14 Career Development Activities HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Career Management :The process of enabling employees to better understand and develop their career skills and interests and to use them effectively. Organization implement employee career development programs
Job posting, skills inventories, succession planning Mentoring Assessment centers 15 Career Management HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Career: The occupational positions a person has had over many years such as: e.g.: as a Manager ,doctor, musician etc. Career Management :The process of enabling employees to better understand and develop their career skills and interests and to use them effectively.
Career Development: The life long series of activities that contribute to a persons career exploration ,establishment success and fulfillment. Career Planning: The deliberate process through which someone becomes aware of personal skills ,interests, knowledge, motivations and other characteristics and establishes action plans to attain specific goals. 16 Dimensions of career Development HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Promotions: Advancements to positions of increased responsibility
Internal job postings: job openings in the organization are advertised internally before external applicants are invited
Tenure in the organization Time spent in the role/job / level Performance ratings Recommendation of the immediate and skip-level (managers manager) managers HR records on disciplinary actions/ misconduct of any nature, any negative comments etc... 17 Promotion and Internal Job Postings HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Succession Planning is a Systematic strategy to build capacity within the ranks, allowing employees to be ready for new leadership roles as the need arises.
It can be formal or informal. Informal succession planning: In informal succession planning, the manager identifies and prepares his or her own successor. This is common in smaller firms.
Formal succession planning: In this type of succession planning, the strategic plans and HR forecasts are examined and data of all potential candidates is assessed. This is done to find employees who have the potential and managerial depth 18
Succession Planning HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 19 What are the benefits of formal succession planning? Succession Planning HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth Work-Family Programs Relocation Assistance and hiring practices Work Life balance Seminars and flexible HR practices Flexible Work schedules Outplacement Program Special Programs for Women, Minorities and Employees with Disabilities Fast Track employees 20
Other career programs HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 21 Every organization has its unique career advancement and growth policy for employees. Summary HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 22 1. The technology enabled on-line (on the corporate intranet) tools that form part of the performance appraisal system and allow the individual to identify areas of strengths and parallely identify career paths are known as Ans. Self assessment tools
2. State whether true or false: i) Individual Counseling allows individuals to discuss performance management process with their immediate managers, share and take feedback on the appropriateness of the choices and know how to pursue it Ans. True . Check Your Learning HOME NEXT PREVIOUS C o n f i d e n t i a l MB0043-Human Resource Management Unit-6 Employee Growth 23 1. Prepare your own career plans for next five years and list down how are you planning to go for it.
2. Go to various organizational websites and find out the career options available.