Career development is the process of improving an employee’s ability for achieving personal career objectives and hence it is deemed important in everybody’s point of view. Read further to understand in depth about career development.
A formal approach taken by a company to help its people acquire the skills and experiences needed to perform current and future jobs are termed as career development. Company policies especially policies regarding promotion and opportunities to excel in the future should help the employees to develop their careers. Employee Career development consists of skills, education, and experiences as well as personality development and refinement techniques that allow individuals to work better and add value.
About Career Development
Career development helps the employee take stock of who they are and where they want to go in life. To achieve growth, continue learning, and achieve momentum in their career they must assess their situation and their goals frequently, otherwise, they might doom themselves to the fate of a robot working a daily routine.
Here are a few career development questions that they can ask themselves:
- Where do I want to be in my career at the end of this year?
- What job would I like to retire from? It’s O.K. to think about next month or even 30 years from now.
- Do I like the field I’m working in? Career development doesn’t mean that you have to develop the career you currently in but can also mean changing careers, even changing environments.
Growth can mean, to an employee, one or more of the following:
- Climbing up the ladder in the organizational hierarchy.
- On-going increase in remuneration.
- Acquiring higher-level skills & competencies.
- Occupying higher level Job positions.
- Having an opportunity to avail of some exclusive benefits
5 Tips to Improve Your Career Development
Develop a timeline, including milestones.
Bringing the leader and their mentoring into the picture will ensure that you have an internal mentor who will help you manage your career.
Utilize company programs.
Some organizations have formal programs to help employees develop their careers. In others, you will need to pursue your career development on your own. Companies with programs generally focus on helping employees to develop and follow a good career path.
Own your career path.
A career path can be discussed at several meetings with your mentor. Some organizations demonstrate a deep commitment to their employees by assisting where possible with resources of time and dollars. However, remember that it is your career path.
Write it down.
Career paths are recommended almost for the same reason that goals are recommended. It is the written plan that can help each employee take charge of what is important to his or her fulfillment and success. Without a plan, you can feel stuck and you have no benchmark against which you can measure your progress.
7 Important Objectives of Career Development
1. Fostering Better Communication in Organization
The main objective of designing a career development system is to bring out better communication within the organization as a whole. It promotes communication within the organizations for example manager and employee and managers and top management. Proper communication is vital for any organization and helps in solving several big issues.
2. Assisting with Career Decisions
A proper career development system provides employees as well as managers with helpful assistance with their career decisions. They get an opportunity to assess their skills and competencies and know their goals and future aspirations. It gives them a sense of direction so that they can focus on achieving their long term career goals.
3. Better Use of Employee Skills
A career development system helps an organization in making better use of employee skills. Since managers know their skills and competencies, they can give them the job where they will be able to produce maximum output.
4. Setting Realistic Goals
Setting realistic goals and expectations is also another vital objective of a career development system. It helps both employees and organizations to understand what is feasible for them and how they can achieve their goals.
5. Creating a Pool of Talented Employees
Creating a talent pool of employees is the main objective of organizations. After all, they need to meet their staffing needs in the present and future and a career development system helps them fulfill their requirements.
6. Enhancing Career Satisfaction
Companies especially design career development systems for enhancing the career satisfaction of their employees. Since they have to retain their valuable assets, create a brand value of the company, and prepare them for top-notch positions in the future, they need to understand their career requirements and expectations from their organization.
Giving feedback on every step is also required within a company to check the success rate of a specific policy implemented and initiatives taken by the organization. In addition to this, it also helps managers to give feedback for employees’ performance so that they can understand what is expected of them.
Career development must be fully integrated with internal staffing activities. Career development supplies talents and abilities. Individuals must commit to and accept responsibility for their career development.
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