What is development plan in SAP LOD-SF-CDP - Career Development Planning?

SAP Term: development plan

• Component: LOD-SF-CDP

• Component Name: Career Development Planning

• Description: An online worksheet that records and tracks development goals for an employee. Employees can create development plans to enhance their career development or to acquire skills needed for job performance.

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• Key Concepts: 
  Development plans are a feature of the SAP SuccessFactors Career Development Planning (CDP) module. They are used to create a plan for an employee’s career development, including goals, objectives, and activities. The plan is created by the employee and their manager, and can be used to track progress and measure success. 
  
  How to use it: 
  To create a development plan, the employee and their manager must first agree on the goals and objectives of the plan. Once these have been established, the employee can create a plan that outlines the activities they will undertake to reach those goals. The manager can then review and approve the plan. Once approved, the employee can track their progress against the plan and make adjustments as needed. 
  
  Tips & Tricks: 
  When creating a development plan, it is important to ensure that it is realistic and achievable. It should also be tailored to the individual’s needs and abilities. Additionally, it is important to review and update the plan regularly to ensure that it remains relevant and up-to-date. 
  
  Related Information: 
  The SAP SuccessFactors CDP module also includes features such as competency assessments, performance reviews, and succession planning. These features can be used in conjunction with development plans to provide a comprehensive view of an employee’s career development.