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Appendix B

Personal Career Plan

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Personal Career Plan

Developing a personal career plan will help you: 1. Organize and structure the data and information you collect

about job prospects, the overall job market, and your competition.

2. Use this information to better understand your own personal strengths and weaknesses, as well as recognize the opportunities and threats that exist in your career development.

3. Develop goals and objectives that will capitalize on your strengths.

4. Develop a personalized strategy that will give you a competitive advantage.

5. Outline a plan for implementing your personalized strategy.

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Personal Career Plan Outline 1

1. Summary. 2. Situation Analysis.

A. The External Environment.

1. Competition.

a. Who are your major competitors?

b. What are the key strengths and weaknesses of potential employees?

c. What are others doing to promote themselves to employers?

d. Work experience versus advanced degrees.

e. Is your competitive set likely to change in the future?

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Personal Career Plan Outline 2

A. The External Environment Continued.

2. Economic conditions. a. General economic conditions of country/region/state/area.

b. Optimism regarding the economy.

c. Outlook for major job/career categories.

d. Starting salary trends for major job/career categories.

3. Political trends. a. Have elections changed the political landscape?

4. Legal and regulatory factors. a. Proposed changes in laws.

b. Court decisions.

c. Global trade agreements. 4

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Personal Career Plan Outline 3

A. The External Environment Continued.

5. Changes in technology. a. Impact on potential employer needs.

b. Impact on work and competition in future.

c. Impact on marketing yourself to potential employers.

d. Threats to making current skills obsolete.

6. Cultural trends. a. Changing values and demographics.

b. Problems and opportunities created by diversity.

c. General attitude of society regarding your skills, abilities, talents and career/lifestyle choices.

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Personal Career Plan Outline 4

B. The Employer Environment. 1. Who are your potential employers?

a. Identify characteristics.

b. Geographic characteristics.

c. Organizational culture.

d. Person responsible for recruitment and selection.

2. What do your potential employers look for in new employees? a. Basic skills and abilities employers want.

b. Basic skills and abilities you possess.

c. How do your skills and abilities meet employers’ needs?

d. How will employers’ needs change in the future?

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Personal Career Plan Outline 5

B. The Employer Environment Continued.

3. What are the recent hiring practices of your potential employers?

a. Number being hired and combination of skills.

b. Reasons for growth or decline in hiring.

c. Hiring differences between large and small companies.

4. Where and how do your potential employers recruit new employees?

a. Where do employers make contact with potential employees?

b. What impact does experience have on hiring?

5. When do your potential employers recruit new employees?

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Personal Career Plan Outline 6

C. Personal Assessment.

1. Review of personal goals, objectives, and performance.

a. What are your personal goals/objectives?

b. Do your goals/objectives match the realities of the labor market?

c. Are your goals/objective consistent with changes in employer environments?

d. Evaluation of current strategies for success.

e. Evaluation of current performance to that of peers.

f. Actions to ensure performance keeps improving.

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Personal Career Plan Outline 7

C. Personal Assessment Continued.

2. Inventory of personal skills and resources.

a. What are your marketable skills?

b. What skills are you lacking?

c. What are your career-enhancing resources?

d. What important resources are you lacking?

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Personal Career Plan Outline 8

3. S W O T Analysis. A. Personal Strengths.

1. List three key strengths. 2. How do these strengths help potential employers? 3. How do these strengths compare with your peers?

B. Personal Weaknesses.

1. List three key weaknesses.

2. How do these weaknesses limit your value to potential employers?

3. How do these weaknesses compare with your peers?

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Personal Career Plan Outline 9

3. S W O T Analysis Continued.

C. Career Opportunities.

1. List three key career opportunities. 2. How do these opportunities help potential employers? 3. How can you capitalize on these opportunities?

D. Career Threats

1. List three key career threats

2. How do these threats limit your value to potential employers?

3. What actions can be taken to prevent these threats from limiting you?

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Personal Career Plan Outline 10

3. S W O T Analysis Continued.

E. The S W O T Matrix.

F. Matching, Converting, Minimizing, and Avoiding Strategies.

1. How can you match your strengths to your opportunities?

2. How can you convert weaknesses into strengths?

3. How can you convert threats into opportunities?

4. How can you minimize unchangeable weaknesses or threats?

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Personal Career Plan Outline 11

4. Resources.

A. Financial. 1. Do you have the necessary financial resources necessary to

undertake and successfully complete this plan?

B. Human. 1. Are the industries/companies you’re interested in hiring?

C. Experience and Expertise.

1. Do you have experience from other employment?

2. Do you have the required expertise or skills?

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Personal Career Plan Outline 12

5. Strategies. A. Objective(s).

1. Potential employer A and B.

a. Descriptive characteristics.

b. Geographic locations.

c. Culture/values/mission.

d. Basic employee needs.

e. Recruiting/hiring practices.

f. Employee training/compensation.

g. Justification for selections.

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Personal Career Plan Outline 13

5. Strategies Continued.

B. Strategy(ies) for Using Capabilities and Resources. 1. Strategy A (to meet the needs of potential employer A).

2. Strategy B (to meet the needs of potential employer B).

C. Strategy Summary. 1. How does strategy A (B) give you a competitive advantage?

2. Is this competitive advantage sustainable?

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Personal Career Plan Outline 14

6. Financial Projections and Budgets.

A. Do you have a clear idea of budgetary requirements? B. Will your salary/benefits meet these requirements?

7. Controls and Evaluation. A. Performance Standards.

1. What do you have to offer?

2. Are you worth it?

3. Where do you want to go?

4. How will you stand out among the crowd?

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Personal Career Plan Outline 15

7. Controls and Evaluation Continued.

B. Monitoring Procedures.

1. Formal control mechanisms.

a. Are your potential employers hiring?

b. Do you need additional training/education?

c. Have you allocated time for career development?

d. Are your career development investments adequate?

e. Have you done homework on potential employers?

f. Have you had an internship?

g. Have you attended job/career fairs?

h. Are you using career center resources?

i. Are you committed to your career development? 17

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Personal Career Plan Outline 16

8. Controls and Evaluation.

C. Performance Analysis.

1. Number/quality/potential of all job contacts.

2. Number of job/career fairs attended and quality of job leads.

3. Number of résumés distributed.

a. Number of potential employers who responded.

b. Number of negative responses.

4. Number of personal interviews.

5. Number/quality of job offers.

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