A gas company owns two refineries, 32 LPG bottling plants, and 367 retail outlets. The company has eight executive grades. The first four grades are classified as a junior. Management, fifth and sixth as middle and seven and eighth as top management. Due to unsystematic career management, the company has landed in the peculiar problem of 70% executive strength getting accumulated in the middle grades. For instance, there are 512 executives in the middle management category against the actual requirement of 84. Further, 245 out of these 512 are due to be promoted to the top management category but vacancies are only 27. Due to this lack of adequate career up gradation opportunities. Many in the middle level are frustrated and lack the motivation to perform. -How do you develop career planning and development in performance management? -Discuss what strategy this company must adopt to overcome this situation?
A gas company owns two refineries, 32 LPG bottling plants, and 367 retail outlets. The company has eight executive grades. The first four grades are classified as a junior. Management, fifth and sixth as middle and seven and eighth as top management. Due to unsystematic career management, the company has landed in the peculiar problem of 70% executive strength getting accumulated in the middle grades. For instance, there are 512 executives in the middle management category against the actual requirement of 84. Further, 245 out of these 512 are due to be promoted to the top management category but vacancies are only 27. Due to this lack of adequate career up gradation opportunities. Many in the middle level are frustrated and lack the motivation to perform.
-How do you develop career planning and development in performance management?
-Discuss what strategy this company must adopt to overcome this situation?
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