The Personal Strategic Plan: A Tool for Career Planning and Advancement

The Personal Strategic Plan (PSP) is a personalized version of a strategic marketing plan. It is a written document that outlines the time-related details for achieving the career expectations of an individual in the context of satisfying the dynamic and strategic human resource needs of the organiz...

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Bibliographic Details
Published in:International journal of management 2004-06, Vol.21 (2), p.144
Main Author: Duffus, Lee R
Format: Article
Language:English
Subjects:
Career development planning
Careers
Competition
Competitive advantage
Employees
Employment
Human resources
Marketing
Objectives
Organizational behavior
Professionals
Resumes
Skills
Strategic planning
Studies
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Summary:The Personal Strategic Plan (PSP) is a personalized version of a strategic marketing plan. It is a written document that outlines the time-related details for achieving the career expectations of an individual in the context of satisfying the dynamic and strategic human resource needs of the organization. This paper discusses the advantages and disadvantages of a PSP, and presents a 6-step outline for creating one. The development of the PSP is a response to the observation by researchers and human resource professionals that the format and content of the traditional resume limits its effectiveness as a presentation format for personal, performance, and career information. Strategic planning is a managerial concept that specifies where the organization is headed and how management intends to achieve the targeted results. The concepts dovetail neatly with marketing, which is about satisfying the needs of consumers.
ISSN:0813-0183