Performance Management Systems and Strategies

IMPORTANCE OF CAREER DEVELOPMENT

Every organization needs to provide career development opportunities to its employees. Indian organizations at present are facing major restructuring problems to keep pace with the economic restructuring programme of the country. Market globalization, technology upgradation, import liberalization, de-licensing, increased competition together have now prompted Indian organizations to restructure their production vis-à-vis the organization. Redeploying the manpower, through proper training, in restructured jobs is one of the important priorities for the organization, particularly for those who are at the lower level. But employees with matching skill and knowledge now find them in better bargaining position for ...