Impact of Individual Career Planning On Employee Career Development: A Study of Banking Sector of Karachi.

Author(s)

Naima Navaid , Samreen Lohdi ,

Download Full PDF Pages: 99-114 | Views: 324 | Downloads: 113 | DOI: 10.5281/zenodo.3462969

Volume 4 - October 2015 (10)

Abstract

Hyper competition and forthcoming challenges are need of emerging economies. The notion of empowering the human resource capital appears to be the basic requirement of globalizing economies, therefore adequate planning of careers tends to pave a secure path. Moreover, employee career development is equally significant for both the employer and employee. In order to be successful an organization must ensure timely development of its personnel in accordance with timely governed changes. Contemporarily succession planning has resulted as a significant postulate of career developmental practices. This paper enquires the influence of individual career planning on employee career development particularly. The banking sector of Karachi was considered as the target market. SPSS correlational and linear regression analysis was considered to study the statistical characteristics. A sample of 190 participants was brought under consideration which elaborated an insignificant relationship amongst both the variables. Moreover, discussion and testimonials were made in order to advocate the evidence.

Keywords

Career, Career Development, Self-Assessment, Career Mapping, Self-Development, Succession Planning, Career Planning

References

  1. Adekola, B. (2011). CAREER PLANNING AND CAREER MANAGEMENT AS CORRELATES FOR CAREER DEVELOPMENT AND JOB SATISFACTION. Australian Journal of Business and Management Research.
  2. ARTHUR, M. B., KHAPOVA, S. N., and, & WILDEROM, C. P. (2005). Career success in a boundaryless. Journal of Organizational Behavior.
  3. Brundage, & Koziel, &. (2011).
  4. Divya, K. (2013). A Study On Impact Of Financial Inclusion With Reference To Daily Wage Earners. Journal of Business Management & Social Sciences Research, 85-92.
  5. Efobi, U., Beecroft, I., & Osabuohien, E. (2014). Access to and use of bank services in Nigeria: Micro-econometric evidence. Review of Development Finance, 104-114.
  6. Eyadat, M., & Kozak, S. J. (2005). The Role of Information Technology in the Profit and cost Efficiency Improvements of banking sector. Journal of academy of business and economics, 70-76.
  7. Firkola, P. (2005). Career Planning Trends in Japanese Companies. Econ. J. ofHokkaido Univ.
  8. Gresvik, O., & Øwre, G. (2002). Banks’ costs and income in the payment. Economic Bulletin, 125-133.
  9. Grobler, A., & van, M. (2013). An empirical study into the impact of the executive development programme on individual level within a parlimantarian organization. African Journal of Business Management .
  10. Hall, & associates, a. (1986).
  11. Hameed, A., & Waheed, A. (2011). Employee Development and Its Affect on Employee Performance. International Journal of Business and Social Science.
  12. Kaestner, R., & Servon, L. J. (2008). Consumer Financial Literacy and the Impact of Online Banking on the Financial Behavior of Lower-Income Bank Customers. The Journal of Consumer Affairs, 271-305.
  13. Kaya, Ç., & Ceylan, B. (2014). An Empirical Study on the Role of Career Development Programs in Organizations and Organizational Commitment on Job Satisfaction of Employees. American Journal of Business and Management.
  14. Khrawish, H. A., & Al-Sa'di, N. M. (2011). The Impact of E-Banking on Bank Profitability: Evidence form Jordan. Middle Eastern Finance and Economics, 142-158.
  15. Kwenin, D. O. (2013). RELATIONSHIP BETWEEN WORK ENVIRONMENT, CAREER DEVELOPMENT OPPORTUNITIES AND EMPLOYEE RETENTION IN VODAFONE GHANA. European Centre for Research Training and Development UK.
  16. Mago, S., & Chitokwindo, S. (2014). The Impact of Mobile Banking on Financial Inclusion In Zimbabwe: A Case for Masvingo Province . Mediterranean Journal of Social Sciences MCSER Publishing, Rome-Italy Vol 5 No 9 , 221- 230.
  17. Nayak, R. K. (2012). Financial Inclusion through Cooperative. IMJ, vol 3, 9-17.
  18. Odior, E. S., & Banuso, F. B. (2012). Cashless Banking In Nigeria: Challenges, Benefits And Policy Implications. European Scientific Journal, 289-316.
  19. OkurameDavid, D. E. (2014). Individual Factors Influencing Career Growth Prospects in contexts of Radical Growth Changes. Canadian Center of Science and Education.
  20. Osibanjo, Oyewunmi, & Ojo. (2014). Career Development as a Determinant of Organizational Growth. American International Journal of Social Science.
  21. Osman, L. H., & Ismail, A. (2014). AN EMPIRICAL STUDY OF THE RELATIONSHIP BETWEEN CAREER PROGRAM AND EMPLOYEE OUTCOMES. Journal of WEI Business and Economics.
  22. Raman, A. (2012). Financial Inclusion and Growth of Indian Banking System . Journal of Business and Management , 25- 29 .
  23. Rande, S., Rahawarin, Y., Jamaluddin, A., & Zacharias, T. (n.d.). Factors Affecting The Career Development Of Employees In Secretariat Office Of City Samarinda. INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH.
  24. Ross, J. A. (2006). The Reliability, Validity, and Utility of Self-Assessment. peer-reviewed electronic journal.
  25. Siam, A. Z. (2006). Role of the electronic banking services on the profits of Jordanian banks. American Journal of Applied Sciences, 1999-2004.
  26. Siddik, M. N., Sun, G., Yanjuan, C., & Kabiraj, S. (2014). Financial Inclusion through Mobile Banking: A Case of Bangladesh. Journal of Applied Finance & Banking, vol. 4, no. 6, 109-136.
  27. Sosyal, U. (2013). IMPACT OF PERSONAL DEVELOPMENT TRAININGS ON EMPLOYEE MOTIVATION. The Journal of International Social Research. 
  28. Sri, Herald, & Monis. (2011). EMPLOYEE SATISFACTION WITH CAREER DEVELOPMENT. Journal of Arts Science & Commerce.
  29. Wambua, S. M., & Datche, E. (2013). Innovative Factors That Affect Financial Inclusion In Banking Industry. (A Case Study Of Equity Bank Mombasa County, Kenya). . International Journal of Sciences: Basic and Applied Research (IJSBAR) , 37-56.

Cite this Article: