Objectives and Purposes of Career Planning
A career may be defined as ‘a sequence of jobs that constitute what a person does for a living’. Career planning is a process by which one selects career goals and the path to those goals. It involves a clear selection of career goals and career paths. Career planning encourages individuals to explore and gather information, which enables them to synthesize, gain competencies, make decisions, set goals, and take action. It is a crucial phase of human resource development that helps the employees in making the strategy for work-life balance.
The major objectives of career planning are as follows:
- To identify positive characteristics of the employees.
- To develop awareness of each employee’s uniqueness.
- To respect feelings of other employees.
- To attract talented employees to the organization.
- To train employees towards team-building skills.
- To create healthy ways of dealing with conflicts, emotions, and stress.
Purposes of Career planning
The overall purpose of career planning is predetermining the desired career paths of an employee to achieve career goals. It provides continuity, order, and meaning to the life of an employee. It integrates the needs of an individual and the organization. The specific objectives are as follows:
Meet internal staffing requirements
It is better prepares promotable employees for internal job openings. A better mix of talents becomes available to implement HRM strategies and policies. The internal pool of talent is created.
Reduce employee turnover
It helps retain best and qualified employees. The concern for career increases organizational commitment. This results in reduced employee turnover in the organization. Loyalty to the organization is enhanced.
Assist workforce diversity
It helps employees with diverse backgrounds to integrated into the organization through self-growth. They can plan their career by considerations to alternative career paths.
It motivates employees to fulfill their esteem and self-development needs. This improves performance.
Develop employee potential
Career planning encourages managerial employees to develop their future potential to assume more responsible positions. It is needed for personal growth of employees.
Reduce hoarding of employees
Managers like to hoard key subordinates. Career planning brings awareness about employee qualifications. This reduces hoarding of employees.
Assist international placement
It assists global organizations to prepare employees for international placement. They can work in diverse cultures.