Career And Succession Planning

Career – the sequence of jobs or positions held in ones lifetime.  Career Stages – Exploration, establishment, mid carrier, late career, decline.  Career anchors – managerial and technical competence, security, creativity, autonomy, dedication to a cause, challenge ,lifestyle.  Career Planning – process of selecting career goals and the path to these goals. 

Process of career planning b) Identifying individual needs and aspirations c) Analysing career opportunities d) Aligning needs and opportunities e) Action plan and periodic review. 

 Career

development h) Individual career development and i) Organizational career development

 Individual

career development b) Performance c) Exposure d) Networking e) Leveraging f) Loyalty to career g) Mentors and sponsors h) Key subordinates i) Expand ability

Organisational career development b) Self assessment tools c) Individual counseling d) Information services – Job posting, skills inventory, career ladders, career paths, career resource centre. e) Employee assessment programmes f) Employee developmental programmes g) Career programmes for special groups 

 Succession

Management b) Identifying the shortage of leadership skills and defining requirements. c) Identifying potential successors for critical positions d) Coaching and grooming the stars e) Secure top managements commitment and support.