StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Careers Management in Business - Essay Example

Cite this document
Summary
The impact of the new information revolution together with rapid globalisation trend in many countries has seen the emergency of what is normally referred to as a boundaryless career in many aspects (Nelson, 2002). However, unemployment remains a chief concern in the formal sector but there is still room in the fast growing informal sector for the innovative entrepreneur…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
Careers Management in Business
Read Text Preview

Extract of sample "Careers Management in Business"

Download file to see previous pages

It also seeks to analyse how graduates aim to get over some of the challenges going to be discussed below. An analysis of the volatile economy will also be undertaken and the last part of the paper sums up the main points discussed. Basically, a career can be defined as a pattern of work and work related to activities that people develop throughout a lifetime (World Book Encyclopedia, 2008). It includes a job or a series of jobs a person has until retirement. In most cases, it can be observed that careers vary greatly in the type of work involved and in the ways they influence a person’s life.

Many careers are based on work for pay and they usually shape the type of lifestyle a person can lead. Of notable concern is the fact that tertiary qualifications usually obtained by graduates often shape their lifetime careers. However, it may not be very easy for the graduates to easily get their dream jobs as they often face numerous challenges during their studies like failing to get places to do their internship or to secure permanent employment after completion of their respective degrees.

In as far as the aspects of internship and employment are concerned, it can be noted that the employer plays a significant role in creating the opportunity and climate for full development of the student such that his or her capabilities are optimally utilised (Nelson, 2002). The main advantage of this aspect of internship or in-service training is that the student is given the opportunity to experience the actual environment of their chosen careers before entering into them. This allows for a realistic assessment of the expectations and understanding of the employer’s requirements.

It can be noted that the volatility of the economy has a bearing on the students’ endeavours to pursue their careers as a result of different factors going to be analysed below. Due to the emergence of the borderless economy as a result of globalisation, it can be observed that trends in the global economy have a bearing on the performance of economies of different countries as well as the respective organizations operating in such environments. Over the past two decades, it can be noted that the size of the global village has rapidly shrunk as a result of the massive advances in information and technology (Venter, 2003).

Investors are often seen moving to developing countries given that globalisation sought to liberalise trade and investment opportunities in different countries by various multinational companies as a result of the emergency of the borderless economies. However, the extent of employment creation through globalisation strongly hinges on the competitive edge of the economic policies of the host countries. If these are not in tandem with the dictates of globalization, the host country can fail to attract investors which results in limited chances of employment creation for new graduates.

Given such a scenario, competition among the graduates can be seen to lead to shortages of employment as well as internship vacancies for these people. The volatility of the global economy can also pose serious challenges to organizations which may be forced to retrench rather that employ new workers. For instance, the global economic crisis that recently gripped the world resulted in many multinational com

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Careers Management in Business Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Careers Management in Business Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1435126-careers-management-in-business
(Careers Management in Business Essay Example | Topics and Well Written Essays - 1000 Words)
Careers Management in Business Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1435126-careers-management-in-business.
“Careers Management in Business Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1435126-careers-management-in-business.
  • Cited: 0 times

CHECK THESE SAMPLES OF Careers Management in Business

Career Management in Business: Personal Development Plan

Furthermore, the document "Career management in business: Personal Development Plan" presents a reflection of the process of skill development and further action plan.... The writer of the statement seeks to outline personal skills and aspirations for developing a career in business.... There has been extraordinary heave of concern in business leadership activities in the current banking industries.... 3) argues effective communication is one way that will enable one to become a champion in business....
11 Pages (2750 words) Personal Statement

Career management in business

Career management in business Insert Name Insert Grade Course Insert 2nd November 2012 Career management in business In organisations, there are models of the mind for processing experience and employment relationship information by each employee.... Understanding intrapersonal and interpersonal relationships in organizations affects the means through which career management can be understood.... It will influence individual career management and organizational career management (Kase and Zupan, 2007, 16-17; Gorton and Pennachi, 1988, 1-3)....
3 Pages (750 words) Essay

Career management in business

Career management in business Name: Institution: Introduction Organizations have debated the use of career management concepts for many years now.... The passive strategies, on the other hand, involve organizational practices such as performance indicators and reviews (Arnold, 1997) Although many organizations put a lot of effort in the facilitation of career management through passive activities, a few of them have incorporated both active and passive strategies into their business operations....
4 Pages (1000 words) Essay

Career management in business

Secondly, through the career management practices, managers in many business organizations are able to learn how to support and reward employee efforts through becoming familiar with their career assessment and planning process hence practicing vital techniques of career planning.... Date Outline Career management practices I.... The Career management Practices in use today III.... Why organizations should implement supportive career management practices IV....
4 Pages (1000 words) Essay

Business Management as a career

The acceptable qualifications, to judge candidates on a common ground, may be masters in business administration.... business management, as a career, is a tricky business as managing business in today's dynamic and competitive environment and culture may become difficult.... s for business management, there are risks involved in your career.... Managing business also depends on the size and nature of business....
4 Pages (1000 words) Essay

Career Management in Business

This essay “Career management in business ” investigate current career aspirations.... nbsp;What I learnt from this experience is that business decisions must not be made with emotional viewpoints and rational evaluations need to be made in order to get to the right decision....
14 Pages (3500 words) Essay

Career management in business

areer management in today's time has become an important field.... Effective career management comprises of choosing a career which best qualifies for the sake of an individual and that takes him forward on a consistent basis.... It suggests for his understanding that he can earn a decent career if he works hard and more than that plans to good There is evidence available in the form of research which suggests that career management and planning is something serious with professionals now than ever before....
4 Pages (1000 words) Essay

Career management in business

This a common practice that has gained favor in the 21st century, with many people opting to pursue their careers in such a manner (Inkson & King 2010, pg 37-57).... he new careers have a difference in operation from the traditional careers.... In addition, the new careers have an increased mobility that surrounds the organizational boundaries.... From studies, the new careers mainly lay emphasis on the permeability aspects of the organizational boundaries....
4 Pages (1000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us