1. Career Planning is a process by which one selects career goals and the path to these goals. It is not an event or end in itself, but a continuous process of developing Human Resources for achieving optimum results. The importance of Carrier Planning in and for the industry are:
i. It helps the company and the industry to grow on the whole in a very controlled and stabilized manner. ii. It attracts and retains talent by offering carriers and not jobs to the employees in the industry iii. The proper use of human resource is done effectively and achievement of greater opportunities. iv. It reduces employee turnover.
v. It does improves employee morale and motivation. vi. To meet the immediate and future human resource needs of the organization on a timely basis. vii. The major focus of the carrier planning is on helping the employee address the optimum blend of personal goals and opportunities that are served in the organization.
2. The following can be categorized as the features of HRM:
i. Pervasive force. ii. Action oriented. iii. Individually oriented. iv. People oriented
v. Future oriented.
vi. Development oriented. vii. Integration mechanism. viii. Compressive function. ix. Auxiliary service.
x. Inter-disciplinary function.
3. Performance appraisal is a method of evaluating the behavior of employees in the workspot, normally including both the quantitative and qualitative aspects of job performance. It is a systematic ad objective way of evaluating both work-related behavior and potential of employees. It could be taken either for evaluating the performance of the employees or for developing them. The evaluation is of two types: telling the employees where they stand and using the data for personnel decisions concerning pay, promotions, etc. The development objectives focus on finding individual and organizational strengths