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Mgt501 Assignment No. 2 solution

Thursday, June 02, 2011 Posted In Edit This
“Human Resource Management (MGT501)”
Assignment No. 2 Marks: 15
“Career Management”

Career management is no doubt a process that continues throughout your professional life. It helps you in planning the career in a rational and tactical way to avoid any professional mistake that may waste your time, efforts and money. You might have planned you career keeping in mind your education, skills and personal interest. Applying the techniques of Career management, you are required to choose a career for yourself and design a comprehensive career path.

Please note this is an exclusive question therefore the chance of similar answers is rare. This assignment will help you in making your career plan so serious efforts are required as this is for your self learning.

Important Tips
1. This Assignment can be best attempted from the knowledge acquired after watching video lecture no. 23 to lecture no 25 and reading handouts as well as recommended text book).
2. Video lectures can be downloaded for free from Online VU Lectures

Schedule
Opening Date and Time
May 27 , 2011 At 12:01 A.M. (Mid-Night)

Due Date and Time
June 02 , 2011 At 11:59 P.M. (Mid-Night)

Note: Only in the case of Assignment, 24 Hrs extra / grace periodafter the above mentioned due date is usually available to overcome uploading difficulties which may be faced by the students on last date. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.


Solution:


Idea:


1)keep in mind your stringhts.
2)weaknisses
3)opportunities.
4)threats.
and also assess the kind of job what you want to do.
also keep eyes on your pocket.

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steps involved in career planning
1) Assess Your Strengths:
Make a list of your strongest skills and abilities. Ask your friends and family members for input. Remember, there are many kinds of intelligence. Are you good with words? Are you skillful at building or fixing things? Is math or music a strength for you? Maybe you have an artistic gift, or you have a natural ability to help people.

2) Gather Career Data:
A very valuable resource is the Occupational Outlook Handbook (OOH), developed by the U.S.Department of Labor. The OOH describes over 250 jobs, along with their earnings, training and skill requirements, working conditions, schedules, advancement opportunities, and projected growth. 

3) Tap Into Your Network:
We usually don't know much about the day-to-day realities of most occupations. Yet this is exactly the kind of information you'll need to find a good career fit. Ask relatives, neighbors, or anyone you know about the details of their jobs.

Consider scheduling an "informational interview" with a professional in your field of interest. Ask whether the job involves working mostly with other people or alone. What education or training is required? Is the work done independently or under close supervision? What kind of paperwork is involved? How much of the job is indoors versus outside? Is it repetitive, or does it involve varied duties? Is this a "desk job," or is more physical activity involved? Discuss wages, advancement opportunities, and the best and worst parts of the job.

4) Research Your Labor Market:
Sometimes students will earn a degree, only to discover their community is already saturated with qualified workers in their field. For example, if you're thinking of training as a medical assistant, call the school to find out where graduates are placed. Ask local hospitals, clinics and nursing facilities how many medical assistants they employ, their turnover rate, openings anticipated within the next year, and any expected growth or decline.

5) Take Career Tests:
Your school, colleges and private companies offer career guidance testing. Aptitude, interest and personality style tests help you discover which careers would be satisfying for you. 

6) Job Shadow or Volunteer:
Get first-hand knowledge by seeing the job in action. Through "job shadowing," you can spend a day observing someone working in a job you're interested in. Or gain actual work experience through volunteering. Schools, churches, hospitals and many national service organizations like the United Way can always use volunteers. Volunteering looks good on your resume, gives you references, and is often a springboard to a paying job.

I will simply follow the aforementioned steps to become a good HR practitioner.



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My education, skills and personal interest is any industrial and non industrial account department. Because my personal interest in account field then I chouse it and get admission in this department. For improved yourself I am used these techniques.

Company Material:
Some firms provide material to their workers in career planning and development. 

Workshops:
Some firms are conduct workshops two of three days. The main theme is the career development of the company workers.

Planning with educated persons:
This a formal discussion way in which top management is decided what type of planning and development activates is useful.

Software packages: 
Some software package is used career planning and development.

Career planning web sits:
Visit some career planning web sits that provide information about career planning and counseling. 

For career planning I am used this career path.

Lateral skill path:

When we join a firm then I am not an experienced person. For passage of time I will gain experienced in my field. In lateral skill path is a career path in which viewed as moving upward to higher levels of management in the organization. Because I am not like that an individual is work on a same job through out life. So the lateral moves within the firm are take an individual to become revitalized and find new challenges. 

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Career Goal
First I shall decide my career goal what I want to do in my professional life and how can I achieve my desired goal. So I have interest in Accounting and finance. My goal is to become professional in my field.

Strength/weakness balance sheet
A self-evaluation procedure assists people in becoming aware of their strengths and weaknesses. I shall first try to know about my strengths what can I do in future and can I able to achieve my goal

Discussions with Knowledgeable Individuals
For my career planning I shall discuss with knowledgeable individuals who have the best experience in this field. I shall discuss with my teacher’s about my career and with that individual who consults and providing guidance services in this field. I shall meet with professionals for getting information about my career. This can help in my career planning.


Company Material
Different company material can help me in my career planning process. I can get different material related to my qualification and skills form company. This will help me to develop my skills according to qualification field and help me in future planning. I can know the work methods running in that organization like their processing systems, accounting finance systems.

Career Planning Web Sites
There are numerous Web sites available that provide career planning and career counseling as well as career testing and assessment.

Career Path
Adding Value To Retain Present Job—Regardless of the career path pursued, today’s workers need to develop a plan whereby they are viewed as continually adding value to the Organization. If employees cannot add value, the company does not need them, and much of the evolving work environments cannot use them either. Workers must anticipate what tools will be needed for success in the future and obtain these skills. These workers must look across company lines to other organizations to determine what skills are transferable, and then go and get them. Essentially, today’s workers must manage their own careers as never before.

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