The Impact of Career Management on Organizational Performance
The Impact of Career Management on Organizational Performance
Abstract
The researcher concentrated on a structural investigation of career management as an integrated strategy to attaining strategic organisational performance goals of profit growth and market value. The study defines the career management process as the process by which an organization's human resources plan and shape their profession, and it analyses the career management programme as part of the larger human resource system that assists employees in improving their performance, clarifying career options, and aligning employee aspirations with organisational performance objectives.
It offers the overall efficacy of a varied approach to career management that includes career planning, career pathing, and career development as essential to the organization's overall corporate survival strategy.
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
The research concludes that 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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