Can you walk me through the process of creating a career development plan for a team member? How do you ensure it is aligned with both their individual goals and the needs of the team/company?

Interview question asked to Engineering Managers interviewing at Vedantu, Lucid Motors, Indeed.com and others: Can you walk me through the process of creating a career development plan for a team member? How do you ensure it is aligned with both their individual goals and the needs of the team/company?.