2. Career Management
• A career is the occupational positions a person has had over a period of time
•Acc . To Michael Armstrong- “ Career mgt. is concerned with providing opportunities for
people to progress & develop their careers & ensuring that the org. has the flow of talent
it needs. The elements of career management are the provision of learning &
development opp. Career planning & management succession planning.”
Objectives & Importance of Career management
• Provides guidance
•Provides Learning & Experience
•Ensures employee loyalty
•Careers are reinvented
•Development Focus
•Solves career related issues
•Enhancing diversity
•Toughest Function
•A New link in Performance Appraisal
3. Process Of Career Management
•Career Management Policies
•Talent audits
•Performance & potential assessments
•Demand & Supply forecasts
•Succession planning
•Career planning
Roles in career management
•Individual
•Manager
•Organization
4. Human Resource in Mergers & Acquisitions
Objectives of mergers & Acquisitions
• To gain market share
•To achieve competitive size
•To improve access to markets
•To reduce costs
•To survive in changing business envt.
•To achieve quality & excellence
•To get business wheel move more speedily
•To grow & expand through deals
•To retain key talents
•To integrate various cultures
5. HR initiatives in the stages of Mergers & Acquisition
1. Pre- Union
2. In- Process Union
3. Post Union
Skills & Competencies of HR Professionals
• Good Knowledge
• Effective Comm. & negotiation skills
• Motivating skills
• Planning & monitoring skills to bring changes
• Good Mediator
• Anticipatory Skills
• Visioning
• Analytical Ability
• Organizing skill & effective in selecting & retaining people
• Effective trainer , developer, & Facilitator
• Good Leader
• Entrepreneurial competencies
• Operational Leader
• Skill to generate trust, team work & commitment
6. •Inspiring confidence through performance & involvement
•Skill to create positive culture , norms &values
•Skill of integration & transition mgt.
•Behavioral excellence & skill to retain & use human capital
•Professional & ethical considerations in HRM
•Skill to develop& implement HR strategies, options & choice
•Skills of performance, reward & career mgt.