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C o n f i d e n t i a l 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

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C o n f i d e n t i a l

MB0043-Human Resource Management

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

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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

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Objectives

C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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• 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

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Lecture Outline

C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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• What is employee growth?

• Who is responsible for career planning?

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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.

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Introduction:

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C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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Employee Growth

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C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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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

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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 person’s life.”

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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

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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

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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:

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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

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Dimensions of career development

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MB0043-Human Resource Management

Unit-6 Employee Growth

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• It is the employee’s 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

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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

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Career Planning

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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

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Career Development Activities

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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

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Career Management

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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.

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Dimensions of career Development

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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 (manager’s manager) managers

HR records on disciplinary actions/ misconduct of any nature, any negative comments etc...

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Promotion and Internal Job Postings

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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

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Succession Planning

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C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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What are the benefits of formal

succession planning?

Succession Planning

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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

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Other career programs

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C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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• Every organization has its unique career advancement and growth

policy for employees.

Summary

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C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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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

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C o n f i d e n t i a l

MB0043-Human Resource Management

Unit-6 Employee Growth

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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.

Activity

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