The concept of career development is of growing concern to organizations since it matches the needs of a business with the career goals of employees. Formulating a career development plan can help employees to do their jobs more efficiently. Additionally, these plans can be beneficial for employees who might want to move up in a company or look for other jobs in the future. Today, challenging organizations have developed new concerns for the career development of their employees. They put greater emphasis on ‘career’ with coherent induction, training and development, increased job security by the accrual of experience and qualifications valued in the labor market.
Since a high majority of workers change their careers at midlife, it becomes evident that career development programs are needed throughout the life cycle. Other major reasons for this concern are:
- The growth and productivity of organizations depend on the effectiveness of employee performance.
- A change in the social values where employees do not consider work as the most important thing in life but rather selecting occupations and careers that fit the individual.
Career development is defined an organized, planned effort comprised of structured activities or processes that result in a mutual career plotting effort between employees and the organization. Career development is an ongoing process by which individuals progress through a series of stages, each of which is characterized by a relatively unique set of issues, themes and tasks. Career development involves two sets of activities: career planning and career management.… Read the rest