In today’s fast-growing entrepreneurship era, young minds are continuously in the process of developing new mechanisms for an effective future. Along with material pursuit, individuals are focusing on long-term development, organizational ambiance, and psychological acquirement. An organization focusing on competitiveness and long-term career stability of employees enhance individual career growth which further builds a sense of commitment and devotion towards their workspace.

What does career development and planning imply?

Career development implies the progress of employees by building a sustainable and adaptable approach that is beneficiary for both the individuals and the organization. It is the outcome of an individual’s career planning and the organization’s working strategies. According to Schermerhorn, ”Career planning is a process of systematically matching career goals and individual capabilities with opportunities for their fulfillment”. It is where individuals identify their personal skills, knowledge, and abilities to attain their career goals. There are five basic steps in the career planning process:

1. Self-assessment,
2.  Career awareness, 
3. Goal setting, 
4. Skill training, 
5. Performing.

In what ways does a career management strategy play a significant role in the career planning process of an individual?

Today, career management is more living and breathing due to the speed of technological evolution and business adaption of that tech. Career management is an ongoing process of preparing, developing, implementing, and monitoring career plans and strategies undertaken by the individual alone or in concert with the organisation’s career system. It is when an individual plans in advance how they want their career to shape up in the future. It is beneficial for both the employer and the employee as it helps to bridge the gap between the expectations of employees and that of the organization. It also helps fulfill our intrinsic needs and personal goals to help us recognize and work towards our career objectives by evaluating our skills and qualifications and recognize other career paths that best suit our skill set and meet our aspirations.

The given analysis empirically summarizes the effective role of career planning and management on career development. Even after being an employed individual, career development should continue as they evaluate opportunities for advancement and better alternatives. Career growth has a positive impact on affective commitment which ultimately leads to better employee engagement. Enterprises while implementing career development programs should focus on the alignment of both the important aspects of career development, namely, individual career planning and organizational career management.

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