Module 3.1B: Talent Management and Career Development Flashcards
What is Career Development?
Progress through the stages of one’s career.
Progression of employment, often across multiple organizations, in search of job satisfaction.
Proactively cultivating employees for advancement and leadership opportunities and developing programs to increase job satisfaction for all employees.
What is Talent Management?/
Effective talent management considers the talent needs of the organization, identifies workforce gaps, and ensures business needs are met by attracting, advancing, and retaining employees who meet the business needs, add business value, and drive growth.
What is Succession Planning?
Talent Management strategy that forecasts and prepares for critical role attrition through development of top talent.
Preparing in advance for attrition to ensure smooth transitions.
HR drives succession planning in several ways, including designating key positions and identifying and developing employees with the potential to fill vacated roles.
Preserve key knowledge and company information by capturing it before people retire or leave an organization.
What is Career Management?
Guiding career path of employee while keeping needs and goals of organization in mind
Focuses on the needs of the organization.
What is Cross-Training?
Learning skills and responsibilities needed to perform a job other than one’s own
How to Assess?
Self-assessment is one of the most difficult and essential stages of career planning.
Requires an honest appraisal of one’s strengths and weaknesses.
How to Explore?
Includes both broadening and narrowing the scope of career options
A lateral move that aligns with personal interests may be more fulfilling than a promotion to management.
How to Plan?
Once career goals have been outlined, it’s time to figure out how to achieve them.
Long- and short-term goals with a timeline should be established.
An effective plan should also acknowledge any gaps in experience or education and outline how they will be addressed
How to Execute and Follow-Through?
Taking action requires moving from the abstract to the concrete.
Depending on the goal, this may include gaining experience or knowledge, working with a mentor, expanding job responsibilities, or job rotation.
A follow-up date to assess and evaluate progress towards each goal should be set at this time.
What are the 5 stages of career growth?
- Occupational Preparation
- Organizational Entry
- Early Career Establishment
- Mid-Career
- Late Career
What is Occupational Preparation?
This stage includes the acquisition of the experience and education necessary to begin a career path
include earning a college degree, completing a certificate course, or employment without the intention to pursue a career within the industry
HR is responsible for the creation of job descriptions, including the final approval of the required skills, education, and experience listed on every job posting.
What is Organizational Entry?
HR becomes formally involved in career development with the organizational entry stage.
Begins with job description creation, recruitment, screening applicants, hiring, orientation, training, and assimilation.
What is Early Career Establishment?
Professionals at the beginning stages of their career tend to seek opportunities that will allow them to build upon the foundation they created during occupational preparation
Employee development programs such as job rotation, mentoring, or apprenticeships are desirable at this stage
What is Mid-career?
Opportunities for advancement that require proficiency and offer the chance for more growth are sought.
Applicable employee development options include leadership training, coaching, and job enlargement and enrichment.
Organizational policies that encourage work/life balance and transparent practices to prevent discrimination based on family status or gender may strongly influence mid-career decision making.
What is Late career?
During the late career stage, constancy takes precedence over growth.
Concerns over stability and retirement tend to impact decisions.
Late career professionals have accrued significant experience and expertise
late career professionals are ideally suited to mentor or take on an apprentice