The Age of Oversupply: Why the Future Would be Demanding on the Present Generation
February 7, 2025
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What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
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In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
A career development program is a planned mechanism to integrate a series of activities related to individual career planning by the employees and organizational career management for the employees.
The main objective of designing and developing a career management program is to provide employees with an opportunity to grow within the organization and expand their horizons and upgrade and use their skills to maximum possible extent so that the organization can be benefited ultimately.
Times have changed and so have the needs and aspirations of employees. Gone are the days when they would stick to their job until their retirement.
In today’s world, when there is so much to explore and achieve, they simply can’t afford to be static. They need continuous development and evolvement of themselves and reach new heights.
Career program in such a scenario tries to strike a balance between the employee requirements and objectives and organizations requirements and objectives.
The entire program is a consortium of several activities and workshops that help in fostering better communication at all levels of organization so everyone can understand each other’s requirements, skills and competencies.
The program also gives employees an opportunity to understand their own desires and aspirations and feasibility of their goals so that they can assess their skills and competencies and therefore, set realistic goals.
Once a career program is introduced in the organization, the top management has to make sure that it serves the purpose for which it has been introduced and implemented. There are several factors that indicate the effectiveness of a career program. By assessing and analyzing them, the HR professionals can measure till what extent the program has been successful.
Lesser the difference between the two, more successful the program is. But before matching the two, HR managers should make sure that the set standards were feasible to achieve and achieved output is calculated without any bias.
Along with this, a positive change in the attitude and behaviour of employees and adequacy of organizational career information can also be seen as indicators of career program effectiveness.
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