Impact of Career Management on Organizational Performance
Impact of Career Management on Organizational Performance
Abstract
The purpose of the research was to evaluate the impact of career management as a component of talent management on organisational performance in Kenyan businesses listed on the Nairobi Securities Exchange (NSE). A descriptive, qualitative, and quantitative research was conducted.
To choose respondents from the 10 stratums, designs were utilized, and a stratified simple random sampling method was used. Businesses registered on the NSE The target demographic consisted of 534 senior executives from NSE-listed firms. A sample size of 224 people was used.
chosen from the NSE's 10 tier of listed businesses Questionnaires were the primary data collecting tools, while the NSE manual (2013) was the primary source of secondary data. According to the research results, career management as a component of talent management had a favorable and substantial impact on organisational performance.
Introduction
Professional management is described as the process through which people gather knowledge about their beliefs, interests, skill strengths and limitations, select a career objective, and participate in career strategies that improve the likelihood that their career goals will be met. Failure to encourage workers to plan their careers may result in a lack of people to fill vacant positions, reduced employee engagement, and improper use of funds allotted for training and development programmes, according to the business. As a result, organisational performance suffers.
Conclusion
According to the research, career management techniques should be extensively implemented by NSE listed companies in order to enhance performance. As a result, companies that want to sustain outstanding organisational performance should put in place mechanisms to assist career management, such as career centres, career mentors, career counselling services, and succession planning. According to the findings of the content analysis, there may be additional career management factors that have an impact on organisational performance in firms listed on the NSE. As a result, future studies should incorporate additional aspects of career management as a component of talent management in their research.
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