Career Planning and Growth Insights
Career Planning and Growth Insights
Of
By
RAMAGOUNI SWETHA
[Link].18JH1E00B3
CERTIFICATE
This is to certify that the Project Report titled “career planning and career growth”
was carried out by Student name Regd. No:18JH1E00B3. This is submitted in partial
fulfilment for the award of the Degree of Master of Business Administration of Jawaharlal
Nehru Technological University, Anantapuramu during the academic year 2018 – 2020.
R. SWETHA
ACKNOWLEDGEMENT
INTRODUCTION
Introduction
Need for the study
I. Objectives of the study 1-11
Scope of the study
Limitations of study
Research methodology
PROFILE
II. Company profile
Industry profile 12-20
ANNEXURE
VI. 49-51
Questionnaire
Bibliography
ABSTRACT
The career-guidance is one of the bridges between the educational sphere. This
article is based on the analysis to characterize the effectiveness of forms and
methods of the career-guidance among the students. During the educational
period the students have to motivate to acquire the professional skills both at the
beginning and the end stages. With the taking into account the requirements of
Students to the acquire skills which should be possessed by future
graduates; analysis of the factors that contribute to the formation of students'
knowledge about their chosen profession; how career guidance helps students
understand the social significance and the content of their chosen profession
during the educational period and how this understanding contributes to the
students' motivation to the acquisition professional skills; will the enough of
those professional skills that students gain in the career.
CHAPTER-1
INTRODUCTION
A STUDY ON CAREER PLANNING AND CAREER GROWTH
INTRODUCTION
MEANING OF CAREER:
Many of today's employees have high expectations about their jobs. There has
been a general increase in the concern of the quality of life. Workers expect
more from their jobs than just income. A further impetus to career planning is
the need for organizations to make the best possible use of their most valuable
resources the people in a time of rapid technological growth and change.
CAREER PLANNING
Career growth
Basically, career growth has to do with the goals you set and where you envision
your career going. It entails compartmentalised stages set as norms in your
specific industry that you work hard towards. It usually comes in the form of
promotion from one role to a higher one based on performance and experience.
That could mean the ability to learn new skills and use them in your job. Career
growth for same might be to work for an industry leader. For others, growth is
the opportunity to take on new challenges and responsibilities.
What is your idea of career growth? Remember that your career growth, while
mostly a map of your career goals, can also include some personal goals. Once
you have defined your career growth plan write it down and start working
toward your end result.
when you think about career growth. Do you also think about co-
worker who does not work as hard as you, who’s not quite as intelligent as you,
but who keeps getting promoted? And you don’t?
CAREER DEVELOPMENT
RESEARCH METHODOLOGY
Research design:
A research design is purely and simply the frame work of plan for a study
that guides the collection and analysis of data. It is a blue print for a complete
study. It resembles the architects blue print map for constructing a house. There
are three types of research design namely.
Exploratory
Descriptive
Causative
The type of research carried out for this project is Descriptive in nature.
The main characteristic of this method is that the researcher has no control over
the variables; he can only report what has happened or what is happening. The
AREA OF STUDY
The units selected for the purpose of study are hundred students
from different groups
SAMPLING DESIGN
A sample design is a definite plan for obtaining a sample from a given
population.
The sample of 98 students is taken.
DATA COLLECTION
The task of data collection begins after a research problem is being defined and
research design chalked out.
Data types:
a) Primary Sources
The primary data are those which are collects fresh and for the first time, and
thus happen to be original in character.
The primary source of collecting the data was through
communication method in which the researcher personally communicated the
respondents.
Direct observation was made to understand the commitment among students.
Each respondent was asked to fill a questionnaire covering the personal data of
the respondents such as age, year of studies. The questionnaire also included
dimensions relating to organizational commitment among students. The time
duration to fill the questionnaire was 15-20 minutes.
b) Secondary Sources
The secondary data are those which have already been collected by someone
and which have already been passed through the statistical process.
Industry profile
Education:
Education is the process of facilitating learning, or the
acquisition of knowledge, skills, values,
beliefs, and habits. Educational methods include teaching, training, storytelling,
discussion and directed research. Education frequently takes place under the
guidance of educators; however, learners can also educate themselves.
Education can take place in formal or informal settings and any experience that
has a formative effect on the way one thinks, feels, or acts may be considered
educational. The methodology of teaching is called pedagogy.
Formal education is commonly divided formally into such stages as preschool
or kindergarten, primary school, secondary school and then college, university,
or apprenticeship.
A right to education has been recognized by some governments and the United
Nations. In most regions, education is compulsory up to a certain age. There is
a movement for education reform, and in particular for evidence-based
education.
Education is seen as the golden ticket to a better life; however, this ticket is not
being taken by many young individuals at the perfect age to pursue higher
education. For various reasons, students have no drive or interest in the benefits
of the institutions that surround them. In the New York Times article “Bottom
Line: How State Budget Cuts Affect Your Education,” Sarah Brown
demonstrates how state spending to universities has dropped dramatically
nationwide since 2008 and the numbers presented are staggering; some
universities are experiencing cuts of more than 50%. The implications of what
is happening here are dismal - spending cuts are “forcing many public
universities to lay off faculty and staff members, postpone in new facilities and
raise tuition fees.” Due to these massive reductions to funding colleges and
universities, education is becoming less available to the general public due to
increased cost. There seems to be no reasonable stance which successfully
argues that education should not be provided to all individuals in a society.
There is a plethora of research showing correlation between educational
attainment and quality of life; it should be common understanding that education
is no longer a privilege, but rather a right and a necessary resource. Students
must realize the potential that surrounds them and the benefit that is provided
by it.
Spending cuts and subsequent financial burdens are causing our country and its
citizens to experience a major issue - many students are having education
withheld from them due to the increasing cost of becoming educated. Education
is an invaluable tool in liberating the minds of individuals to an elevated state
of understanding and potential. It allows one to question and analyze the various
going-one of the worlds and its inhabitants. Education allows one to approach
controversy and to form strongly validated, persuasive views. When a nation’s
citizens become educated, they see a general improvement in quality of life and
an improvement in their society. Education is of utmost importance in enhancing
the lives of the individual and for allowing a society to develop and flourish.
Importance of education:
Proper and good education is very important for all of us. It facilitates quality
learning all through the life among people of any age group, cast, creed, religion
and region. It is the process of achieving knowledge, values, skills, beliefs, and
moral habits. People need to get high level awareness about the importance of
knowledge more than before. Education is very necessary for each and every
one in order to improve knowledge, way of living as well as social and economic
status throughout the life. Getting proper education is the birth rights of
everyone restricting which is the crime. Education is the ultimate way to get
victory over all the personal and social problems. Education is very important
to all of us as it plays very important roles in our life. In order to live a better
and peaceful life, we need to be educated. It transforms us completely from
inside and outside by changing our mind and personality as well as improving
our confidence level. It changes our life completely as it is constructive in
nature.
It helps a person to get knowledge and improve confidence level all through the
life. It plays a great role in our career growth as well as in the personal growth.
It has no limitation; people of any age group can get education anytime. It helps
us to determine about good and bad things. An educated person having good
education becomes the good citizen in the society. We all want to see our kids
going towards success which is only possible through the good and proper
education. Every parent tells their kids from childhood about the importance of
education in the life and all the advantages of education to make their mind
towards better study in the future. Make your kids and children habitual of
writing essays, participate in debates and discussion and many more skill
enhancing activities in the schools or at home using such simple essays.
Education to career:
As a non-profit, Educate to Career is the trusted provider of college and career
planning information to over 1 million families per year.
Successful student outcomes are defined by a real career, with little or no student
debt. No two students are the same - our programs help students/families create
their optimal path to a real career, cost effectively.
The guidance offered through our programs is informed by the actuarial work
we do for student lenders. We are the benchmark for college to career planning.
Our focus is students with their families, and those who improve college
outcomes:
High school and college counselors
Professional college consultants
Company profile
History of DRKVSRIT
Established in 2007, DRKVSRIT is affiliated to Jawaharlal Nehru
Technological University (JNTU), Anantapuramu, and is approved by the All
India Council for Technical Education (AICTE), New Delhi. The College is
headed by its Founder and Chairman, Rd. K. V. Subba Reddy. In recognition of
his outstanding service to India in offering quality education, he is conferred
with Jewel of India award by Indian Solidarity Council on 13th March 2006. He
is also conferred Life Time Achievement Gold Medal Award by International
Institute of Education and Management on 13th March 2016. Smt. Vijaya
Ashrama is the Secretary and Correspondent. Rd. L. Thimmaiah is the Director
and Dr. DhanarajCheelu is the Principal.
Presently, the institutions have been taken over by Mr.K. Ashok Vardhan
Reddy, MBA., a young and dynamic third generation entrepreneur and the
Chairman of Vishwam Educational Society.
He is passionate about making the workplace a faculty as well as student
oriented. He has a magnanimous approach towards doing the tasks which sets
him apart from others and has a vision of long-term sustenance towards
imparting the best to the students.
5) Dr. K.V. Subba Reddy Bedded Colleges and Sri Lakshmi Bepimpled
Colleges
. Smt. K. Vijayalakshmi, Secretary & Correspondent, Dr KV Subba Reddy
Institute of Technology
educational level of the workforce has increased along with their career
aspirations. Employees are no longer content with only good pay cheques and
secure jobs.
They want greater challenge autonomy. Better quality of work life and an
opportunity to fit their work harmoniously with other priorities such as family,
health, etc. Career planning and development help employees achieve this balance
between different priorities.
Thus, career management helps employees achieve these concerns and also
ensures that organizations have a productive and committed workforce.
Career stages:
There are five career development stages through which most of us have gone
through or will go through. These stages include- exploration, establishment, and
mid-career, late career and decline.
Stage 1. Exploration:
The exploratory stage is the period of transition from college to work, that is, the
period immediately prior to employment. It is usually the period of one’s early 20
s and ends by mid-20 s. It is a stage of self-exploration and making preliminary
choices.
A career stage that usually ends in the mid-twenties as one makes the transition
from school/college to work-
I. It has least relevance to organizations as it occurs prior to employment.
ii. People develop expectations about their careers which are mostly unrealistic.
iii. Successful exploration involves trying a lot of potential fields.
iv. In this stage attitudes toward work and dominant social relationship patterns
are formed.
Stage 2. Establishment:
This career stage begins when one starts seeking for work. It includes getting
one’s first job. Hence, during this stage, one is likely to commit mistakes; one has
also the opportunities to learn from such mistakes and may also assume greater
responsibilities. He/ she accepts job challenges and develops competence in a
speculating area. He/she develops creativity and rotates into a new area after
three-five years.
A career stage in which a person finds his/her first job-
I. This period includes accepting the first job, being accepted by the colleagues,
learning the job and gaining first experience of success or failure in the real world.
ii. This stage starts with uncertainties and anxieties.
iii. This period is dominated by two problems viz., finding a niche and making
one’s mark. Finding a niche, that is, finding the right job may take time for many.
iv. This stage is characterized by making mistakes, learning from those mistakes,
and assuming increased responsibilities.
v. This stage also takes a lot of time and energy but brings in a sense of growth
expectation or anticipation.
Stage 3. Mid-Career:
During this stage, the performance may increase or decrease or may remain
constant. While some employees may reach their goals at the early stage and may
achieve greater heights, some may be able just to maintain their performance.
While the former may be called ‘climbers’, the later ones are not very ambitious
though competent otherwise. During this stage, an employee tries to update
himself/herself technically and develops skills in coaching others. He/she may
rotate into a new job requiring new skills
It is a career stage shown by continuous improvement in performance, levelling
off in performance or beginning deterioration of performance-
I. Many people do not experience career problems until they reach the mid-career
stage.
ii. Being continuously productive after reaching this stage is difficult for some
people. However, continued growth and high performance are not the only
successful outcomes at this stage. Maintenance is another outcome. Those
employees who maintain their status quo without further advancement cannot be
called failures, they are plateaued.
iii. Plateaued mid-career employees can be highly productive, though some of
them may not be assertive or ambitious they are technically competent. They are
happy to contribute to the organization’s development and they can be managed
easily.
iv. For some, mid-career is marked by loss of both interest and productivity at
work. That is, their work begins to deteriorate. These employees are given less
conspicuous jobs. Some may be demoted or even discharged. In certain cases,
some may be reenergized by shifting them to different positions. The shift may
boost their morale and productivity
Stage 4. Late Career:
This stage is usually a pleasant one because during this stage, the employee
neither tries to learn new things nor tries to improve his/her performance over that
of previous years. He/she takes advantage of and depends on his/her reputation
and enjoys playing the role of an elderly statesperson. He/she may shift from a
power role to one of consultation. He/she starts identifying and developing
successors and may also start activities outside the organization.
A career stage where the employees experience a pleasant time and enjoy by
resting on their laurels. Late-career individuals do not bother to outdo their
previous performance. Their value mostly lies in their judgement built over the
years through varied experiences.
Unfortunately, the employees who have stagnated or deteriorated in the earlier
stage (mid-career stage) realize that they cannot make any impact as they expected
earlier. They may even fear for their jobs. They may look for retirement.
Stage 5. Decline:
Since it is the final stage of one’s career, it ends in the retirement of the employee
after putting up decades of service full of continuous achievements and success
stories. As such, it is viewed as a hard stage.
This is the stage at the end of one’s career, usually marked by retirement-
I. It is a difficult stage to experience for any one, particularly for those who
experienced successes in the earlier stages. The successful may find it difficult to
come out of the lime-light. However, for the unsuccessful people, retirement
could be pleasant as they can leave behind all the frustrations experienced earlier.
For plateaued people, it is easy to switch over to other activities.
ii. Whether one had a successful or unsuccessful career, adjustment to retirement
is a difficult process. It is a challenging task. Nevertheless, those who are
physically fit and willing to take up jobs after retirement look at retirement a
chance to do different activities.
iii. Some people look for different avenues, paid or voluntary. However, the
decision depends on one’s financial security.
iv. Retirees with adequate funds are likely to engage in activities which they like,
but those who are financially insecure have to seek some gainful employment to
supplement their pension/retirement income.
In fact, both individuals and the organization are going to benefit from career
planning and growth. So, the advantages are described below:
For Individuals
1. The process of career planning helps the individual to have the knowledge of
various career opportunities, his priorities etc.
2. This knowledge helps him select the career that is suitable to his life styles,
preferences, family environment, scope for self-development etc.
3. It helps the organization identify internal students who can be promoted.
4. Internal promotions, up gradation motivates the students, boost up
their morale and also result in increased satisfaction.
5. Increased satisfaction enhances student’s commitment and creates a sense
of belongingness and loyalty to the organization.
6. students will await his turn of promotion rather than changing to another
organization. This will lower employee turnover.
7. It improves students ’s performance on the career by taping their potential
abilities.
8. It satisfies students esteem needs.
For Organizations
A long-term focus of career planning and growth will increase the effectiveness
of human resource management. More specifically, the advantages of career
planning and growth for an organization include:
1. Efficient career planning and growth ensures the availability of human
resources with required skill, knowledge and talent.
2. The efficient policies and practices improve the organization’s ability to attract
and retain highly skilled and talent students.
3. The proper career planning ensures that the students belong to backward
communities get opportunities for growth and development.
4. The career plan continuously tries to satisfy the students expectations and as
such minimizes student’s frustration.
6. Protecting students’ interest results in promoting organizational goodwill.
REVIEW OF LITERATURE
A. K. Das Mohapatra:
Organizational career development has been characterized as a challenging and
unpredictable task keeping into consideration the individual career expectations
and organizational development. Effective career development.
It is the process achieved with proper indulgence of employee’s career
planning and organizational career management.
It is in this context that the present study has been conducted to examine
empirically the antecedents of career development in the Indian firms. A self-
administered questionnaire in a five-point Likert
scale has been used for the study.
Darina Khlebnikov:
Juliane minters:
Career-planning courses are known to be effective career interventions
for undergraduates, but their effect on developing alternate career plans was
previously unknown. Forming alternate career plans increases the likelihood that
students have viable career options available to them upon graduation because it
encourages students to realistically consider multiple possibilities. Here we
describe a one-term career-planning course developed in the context of an
undergraduate biology curriculum. We assessed whether this course promoted
development of primary and alternate career plans using a pre/post survey.
Natalie jacaric
Traditional career preparation courses provide students with a variety of
benefits. Students taking these courses report a better understanding of
psychology-related careers, less indecision about their future careers, and are
more knowledgeable about themselves in relation to careers. Yet only 37% of
undergraduate psychology programs offer formal career preparation through the
curriculum. Given the lack of experience and training faculty have on career
preparation issues, they may be uncomfortable developing such courses.
[Link]
An overview of the seminar planning process that includes needs
assessment, program planning, implementation and evaluation has been
presented. In addition, necessary platform skills have been identified to
help staff members move from the role of planner to that of presenter.
With training, either in counselor education programs or as a part of staff
6%
14% 25% 1 [Link]
2 [Link]
3 MBA
4 B.E.D
20%
35% 5 [Link]
INTREPRETATION:
From this we can come to know that 35% students are pursuing
MBA and 25% students are pursuing [Link] and 20% students are pursuing
[Link] and 14% B.E.D and 6% [Link].
20%
31%
1 Friends
2 Faculty
18%
3 Elders/family
8%
4 Websites/book
23%
5 Own decision
INTERPRETATION:
From this we can come to know that 31% students take own decisions and
23% by elders/family and 20% by friends and 18% by faculty and 8% trough
websites/book.
18%
29%
1 Home town
2 Cities
3 Abroad
53%
INTERPRETATION:
From this we can come to know that 53% students planning their
career in cities and 29% in abroad and 18% in home town.
12%
INTERPRETATION:
From this we can come to know that 63% students are planning
their career through job and 25% through entrepreneurship and 12% higher
education.
18%
51% 1 Government
31% 2 Private
3 Both
INTERPRETATION:
From this we can come to know that 51% of students are selecting both sectors
and 31% are selecting private sector and 18% are selecting government sector.
6. What are factors that you prefer in planning your career? give rating from1-5.
A) salary-security
12%
29%
1
20%
2
3
16%
23% 4
5
INTERPRETATION:
From this we can come to know that students prefer salary-security
by29% give rating on 5 scale and 23% give rating on 3 scale and 20% give
rating on 2 scale and 16% give rating on 4 scale and 12% give rating on 1
scale.
B) Employees-Empowerment
4% 8%
20%
1
2
37% 3
31%
4
5
INTERPRETATION:
From this we can come to know that students prefer employee’s
empowerment by 37% give rating on 3 scale and 31 give rating on 4 scale and
20% give rating on 5 scale and 8% give rating on 2 scale and 4% give rating
on 1 scale.
C) Risk- recognition-reward
S no
7% 1
13%
33%
2
20% 3
4
27%
5
6
INTERPRETATION:
From this we can come to know that students prefer risk-recognition-
reward by 29% give rating on 5 scale and 29% give rating on 2 scale and 16%
give rating on 3 scale and 16% give rating on 4 scale and 10% give scale on 1
scale.
D) Values
8% 4%
12% 1
2
15% 61% 3
4
5
INTERPRETATION:
From this we can come to know that students prefer value by 61% give
rating on 1 scale and 15% give rating on 2 scale and 12% give rating on 3 scale
8% give rating on 4 scale and 4% give rating on 5 scale.
10%
20%
1
29% 2
3
29%
4
12%
5
INTERPRETATION:
From this we can come to know that students prefer work for life
balance by 29% give rating on 4 scale 29% give rating on 2 scale 20% give
rating on 5 scale and 12% give rating on 3 scale and 10% give rating on 1 scale.
6%
22%
1 Based on strength
35%
2 Based on interest
3 Based on skilled
37%
4 Based on oppoertunities
INTERPRETATION:
From this we can come to know that 37% students plan their career
based on skills and 35% plan their career based on interest and 22% plan their
career based on opportunities and 6% plan their career base on strength.
8% 16%
1 Highly
2 Moderate
3 Low
76%
INTERPRETATION:
From this we can come to know that 76% students say the college is
providing guidance and development programs by moderate and 16% highly
and 8% low.
39%
1 Confident
49%
2 Worried
3 Confused/dilemma
2%
10% 4 none
INTERPRETATION:
From this we can come to know that how many people are having
sufficient information about career 49% none and 39% confident and 10%
confused/dilemma and 2% worried.
10. What may be the problems that you are facing in your career planning?
12%
6%
1 Family factor
8%
2 Gender factor
64% 10% 3 Both A and B
4 Social factor
5 No restrictions
INTERPRETATION:
From this we can come to know that students facing problems in career
planning 64% says no restrictions and 10% says social factors 12% says family
factors and 8% says both a and b and 6% says gender factor.
Findings
The chapter highlights major inference drawn from the study results and also
presents certain workable suggestions for implementation.
Most of the students have felt that they are successful in attaining their career
objective.
Very few students disagreed to study even though inspire of not liking it.
Almost all the students agreed upon the organization providing a good
education.
Though most of the students used to complete their education on time, there
were few who disagreed.
It has been found that students will look forward to change in career.
Many of the students felt their efforts has been encouraged and recognized.
Among the respondents very few disagreed to not following the rules and
regulations of the organization.
Majority of the respondents were happy with their growth in the organization.
Suggestions
Awareness about career planning and growth has to be made among students.
Conclusion
Career planning and career growth as we find from the study plays crucial role
in students as well as organizations development. Career planning is an integral
part of every organization. It motivates and inspires students to work harder and
keeps them loyal towards the organization. Career planning helps a student
know the career opportunities available in organization. This knowledge enables
the students to select the career most suitable to his potential and this helps to
improve students ‘with more knowledge. On the basis questionnaire and
personal communication with the students It was also found that what they are
thinking is the major reason that sticks them with the current education. students
also prefer proper training. So, for conclusion, the objectives of the study, to
get the overall knowledge about actually what the career planning and growth
is, the scope of such programs in the education system are adequately fulfilled.
And study concludes that in education system because of its monotonous task
and due to tough pressure as well as more stress and frustration, need to be
handling the careers of most valuable asset that is the students. Conclusively
that was worthwhile to choose such topic as project, which is not only important
for a student. But for the researcher also to select the career, a in particular line
and may be a particular industry in which one wants to make the career and get
enough chances of advancement in career.
ANNEXURE& BIBILOGRAPHY
A STUDY ON CAREER PLANNING AND CAREER GROWTH
Dear sir/madam,
I am R. SWETHA, student of Dr.K.V. Subba Reddy MBA Institutions
conducting a survey on “A study on career planning AND GROWTH “towards Dr. K.V
Subba Reddy Educational Institutions, Kurnool. This survey is a part of my partial
fulfilment of MBA course, please provide relevant information by filling this questionnaire to
make my survey more effective and complete
.All the data from you will be kept confidential.
6. what are factors that you prefer in planning your career. Give rating from 1-5
a) salary-security [ ]
b) Employees [ ]
c)Risk-Recognition-Reward [ ]
d)values [ ]
e)work for life balance [ ]
[Link] may be the problems that you are facing in your career planning? [ ]
a) Family Factors
b)Gender factors
c)Both a and b
d)social factors
e)No restrictions
PERSONAL DETAILS:
NAME :
AGE :
LOCATION:
PHONE NO:
BIBLOGRAPHY
360-degree feedback and competency mapping by Radha Sharma
Websites
[Link]
[Link]
[Link]
[Link]