Career planning is needed for the following reasons:
1. Provides career goals and paths
Career planning is needed to provide career goals and career paths to an employee. It provides a clear future directions in terms of career.
2. Develop competencies
Career planning motivates and encourages an employee to develop competencies for higher level jobs. The competencies can be conceptual, interpersonal and technical.
3. Creativity
Career planning is needed to increase employee creativity. It is needed for innovation in organization. It can be lead to entrepreneurship within the organization.
4. Employee retention
Career planning is needed for retention of qualified employees in the long-term. This is needed to decrease costs of recruitment, selection and training.
5. Motivation
Career planning motivates employees for higher performance. Upward movement in organization is based on the quality and quantity of performance.
