Abstract
Local organizations in Pakistan are generally seen giving adequate consideration to
human resource related activities such as recruitment and selection, performance
evaluation, compensation and rewards administration; however, they do not give ample
attention to the otherwise core HR function of career management and development. As
a consequence, employees of these organizations generally assume primary
responsibility for their career planning and management themselves. These
organizations astoundingly overlook this fact that the greatest competitive advantage of
an enterprise lies in its ability to have and retain the competent workforce with themand career management and development has traditionally been an effective tool of
employee growth and retention. Accordingly, this study examined the career building
measures of local banks and identified how to ascertain the future talent and steer it to
fill the future leadership positions. For this purpose, qualitative research was conducted
through in depth interviews and questionnaires along the middle hierarchical levels in
the local banks. The analysis revealed that very few employees were aware of the career
management system of their banks. The most important career development activities of
the banks were building team skills, task rotations and individual competency trainings.
Study showed that all employees were not aware of the term succession planning and
were not sure if succession management exists in their banks. Formal assessment is
undertaken by most banks to determine the developmental needs of the employees as
compared to informal or self-assessment. This study will also be useful for these banks
to acknowledge the need for career management and development as an effective tool of
human resource development for the future.
Zehra Roofi Budhwani1, Farooq-E-Azam Cheema, Khalil-ur-Rehman Bhatti. (2013) CAREER MANAGEMENT AND DEVELOPMENT FOR LEADERSHIP: A CASE OF LOCAL BANKS IN PAKISTAN, Journal of Social Science and Humanities, Volume 52, Issue 2.
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