Difference Between Career Planning and Succession Planning

Both Career Planning and Succession Planning comprise of an element of transition in their respective fields. Furthermore, the two points discussed above deal with an already organized process that is being followed to make sure that there is no void left between two separate stages. While career planning is in respect to various traits either gathered through education or experience, succession planning has to deal with various practices among them which involves autocracy and tyranny, business among others. The latter will form the rest of the analysis, however, since we will be trying to differentiate between career planning and succession planning.

What is Succession Planning & Career Planning?

Succession planning

It includes knowledgeable novice leaders and then grooming them to take place old leaders. Substitution is necessary as the older leaders peacefully retire due to their age, disabilities, or inability to cope with the expectations of the leadership role. Succession planning ensures that there are always trained and skillful leaders that are ready to take these positions as they become vacant. It is also necessary to keep in mind that alternate planning for special roles is highly important in succession planning. Outstanding succession planning is primarily related with constructing a group of talented individuals that can occupy the positions as they are emptied. This pool of potential talents should be able to produce leaders for the complete chain when requirement crops up.

Career planning

Career planning is achieved by effectively handling the various aspects of your career in a consistent and planned manner/process. It includes gathering facts and knowledge that is pertinent to your chosen career that can guide you in making right decisions about your future education, training and career prospects.

It can assist you to evaluate your skills and abilities in order to find jobs and career paths that are correct for you and the guidance that you want your profession to take. Furthermore, one can also explain career planning as it the constant practice of pondering about your talents, principles, skills as well as your natural abilities; exploring yourself, work and learning options available to you; ensuring that your work is in alignment with your personal circumstances and your future dreams.

Differences

After the defining and differentiating their meanings, below is a further explanation of various entities where these terminologies find themselves in contradiction.The method of career planning is also known as career harnessing.

Stages of Career Growth & Planning:

It involves six major steps which assist you in developing your career and deciding about your future and they are as follows;

  • Self-evaluation – considering the current scenario of your career.
  • Skill Assessment – weighing your current skills, knowledge and personal strengths can assist you match them to jobs you may like to do.
  • Consideration of Options – take in account of your career options and identify possible jobs that align with your skills and interests.
  • Building up your career framework – constructing a framework for career will help you work out your short term career goals and the subsequent plans you shall implement to help you put your career plan int fast-track.
  • Comprehend and alter your career plan – planning your career will increment your chances of achieving your career goals, but it is also pertinent to stay flexible. A career plan prepared for a single stage of your career may no longer be suitable once you have accomplished certain goals.
  • Exploitation – once you are through with easier goals and the main objective, the subsequent step remains to start implementing your plans.
  • Five major stages involved in Succession planning - Companies come up with sophisticated models to explain their succession and development practices. Most reflect a repetitive series of activities which include these points:
  • Identification of key positions for succession or replacement planning.
  • Defining the capacities and motivational reports needed to justify those roles.
  • Examination of  people against these conditions – with a future orientation.
  • Identification of polls of talent that could possibly fill and perform well in important roles.
  • Increasing awareness among employees to be preparing for transfer into key roles – mainly through the proper set of experiences.
Present Research:

The present research and studies on succession planning stipulate that determining the objectives and goals of the leadership position is essential in the effective planning for suitable leaders to take over.

Career planning involves some type of self-evaluation on what you are capable and not capable of doing. You need to discover your transferable skills, plan a career journal, not underrate your soft skills and find a mentor.

These objectives include:
  • identify individuals from the feeder group that have the ability to assume greater roles within the company
  • Create a platform to support these identified individuals in terms of providing them with essential skills, knowledge, and experience.
  • involve the leadership in providing programs that help in the development of highly skilled and talented individuals
  • Build a comprehensive and centralized database , which will prove essential in future staffing decisions
Role of advisors:

Career advisers, who are also known as career counsellors, coaches or practitioners, can help you develop a career plan and find a career that suits your skills and interests. They can help you to;

  • recognize your career objectives
  • assess your current skills and skills you may wish to develop
  • review different career options
  • develop a modified career plan
  • Deal with significant change e.g. moving to a new occupation can be tough and exhausting.

Although you are working in a place you like, or you know where you want to be working, you may still want to seek professional career advice to help achieve your career goals;

  • identifying opportunities to advance your career
  • improving your system of contacts
  • converting to retirement

When it comes to succession planning, one cannot underestimate the part that advisors will play in ensuring that the planning is successful and has the desired output. These advisors play a critical role in succession planning because of the counsel they offer before and during the planning stages of succession endeavors. This process is comparatively long if the successors want to be accepted by all employees. The advisors’ responsibility is to assist these employees reach their full leadership potential.

Benefits and Importance:

Career planning is essential as it guides you on the steps that you should take in order to achieve your career objectives and goals. This type of planning enables you to understand the path that you must take in order to reach your career destination. Planning will help you identify your shortfalls as well as your strengths, to give you an understanding of what you need to work on in order to meet your career goals. It makes you aware of your strength and weaknesses and the skills and knowledge that are required to achieve your goals in future. Most importantly, career planning is beneficial in helping you to deal with change proactively than reactively.

Critical to the succession-management process is a fundamental notion that argues that top talent in the corporation must be managed for enterprise to reap maximum benefits.

Related Article

Comments [0]

Add Comment

Co-Powered by:

College Disha

0 votes - 0%

Login To Vote

Date: 15 Feb 2019

Comments: 0

Views: 380

Trending Articles

Other Articles

scroll-top