Establishing 'Making it Happen' as a 'Formal & Predictable' Discipline

Employee Rewards and Incentives

Execution-MiH ENCYCLOPEDIA → Execution Making-it-Happen → SECTION - Human Capital →

CHAPTER -

Employee Career Planning and Management

Employee development planning works on improving employee capabilities for the current role, and employee career planning works on preparing employee for employee's future role. It includes components like career-path development, linking career planning to employee potential and to the organizational needs.

Topics

Development Planning vs. Career Planning

Career planning is the highest form of employee engagement. While development planning is to prepare an employee for delivering to person's current goals, career planning is to prepare an employee for person's potential. A dynamic organization would identify their key talent and prepare a career path, which satisfies employee's aspirations and also enables an organization to maximize the benefit-extraction from its human capital.

Employee career goals + Employee Potential + Organization Needs

Career planning process is simple. It takes into account the employee potential in terms of what person can achieve given the right support. The potential is typically less to do with the technical knowledge of the person, but more in terms of employee's leadership capabilities, his drive, attitude, level of ambition, ability to adapt and change, etc....This potential is mapped to employee's own aspirations and what benefit organization wants to extract out of him-her. The common ground across these three factors generates the career path and planning for the individual.

Specifying the career path and preparation plan

Career path for an employee within the organization is specified in form or possible 2-3 roles an employee may take over next 3-5 years. Given these possibilities, an assessment is done for the current state of employee's capabilities and what more a person has to develop to be ready for the future roles. A career development plan is created, which includes (just like a development plan) training, self-learning and on-the-job development. This also includes an employee's interaction with his future managers, peers. Organizations also assign mentors who are independent guides to help the person progress on his career development journey.

Managing the career development plan

Career development plan is managed just like any other plan. The milestones are reviewed, the progress is tracked, any changes to the career plan are made, with changes in the conditions.