Introductio n •I am currently working as a operations manager but at the same time also aiming to become a plant manager soon. •The role of the operations manager are responsible for the efficient management of the goods and services of the organization (Spurk et.al 2017). •It includes the direct activities that include the different responsibilities that include the interaction among the managers in their specific functional areas that takes place within the organization that can have significant impacts on the functioning of the particular organization (Mäkelä et.al 2019).
Retention of the Lifelong Professionalism Skills •In order to retain the professionalism skills that I have learnt till now are the development of the soft skills. The research and studies state that in the modern world almost around 2000 leaders in the context of the business of a particular organization. •In order to retain the lifelong professionalism skills the other significant attributes that are required are skills for the leadership communication , the strategies for the business collaboration and the time management skills. •The proper knowledge of micro learning skills are also important in retaining the professionalism skills as an operations manager (Nicholas,2018).
Short Term Professional Goals •To state each goal as the positive statement along with the proper execution of the technique. •To be precise while I set up the goals of the organization and should focus more on the setting up of the priorities areas of the organization. •To organize the work station is the most crucial short term professional goal as the operations manager. •To keep my operational goals short, transparent and precise (Barthauer et.al 2019).
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Long Term Professional Goals •To identify the concept of ‘Why’ which refers to the clarification of the causes of the decisions taken for the support of a particular organization. •To figure out ‘How’ will I achieve the proposed goals and the missions for the success of my organization. •Improvement of the networking skills of my organization. •To maintain the required level of patience and consistency with the process of the organizational success (Fullingim, 2018).
Education plans to maintain marketability Year-by-year profit and loss assumptions Year 1Year 2Year 3Year 4Year 5 Annual cumulative price (revenue) increase-2.00%4.00%6.00%8.00% Annualcumulativeinflation(expense) increase-2.00%4.00%6.00%8.00% Interest rate on ending cash balance0.50%0.50%0.50%0.50%0.50% Forecasted Profit and Loss Account
Budget Plan… 1. Year-one revenue expectancy <Product 1><Product 2><Product 3><Product 4> Number of units sold annually5,0007,50010,00015,000 Average sales price per unit$500.00$900.00$700.00$600.00 Annual revenue per product$2,500,000$6,750,000$7,000,000$9,000,000 Total year 1 revenue$25,250,000 2. Year 1 cost of goods sold <Product 1><Product 2><Product 3><Product 4> Expected gross margin per product10.00%15.00%30.00%20.00% Annual cost of goods sold per product$250,000$1,012,500$2,100,000$1,800,000 Total year 1 cost of goods sold$5,162,500 3. Annual maintenance, repair, and overhaul Factor (%) on capital equipment10% 4. Number of years for straight-line depreciation5 5. Annual tax rate30% 6. If long-term debt is being used to finance operations, enter the total loan value. - 7. Account receivable and payable %20%
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References •Spurk, D., Kauffeld, S., Meinecke, A. L., & Ebner, K. (2016). Why do adaptable people feel less insecure? Indirect effects of career adaptability on job and career insecurity via two types of perceived marketability.Journal of Career Assessment,24(2), 289-306. •Fullingim, J. F. (2018). The marketability of higher education aviation graduates as perceived by regional airline pilots.The Collegiate Aviation Review International,29(1). •Mäkelä, L., Suutari, V., Brewster, C., Dickmann, M., & Tornikoski, C. (2016). The impact of career capital on expatriates' perceived marketability.Thunderbird International Business Review,58(1), 29-40.
References… •Nicholas, J. M. (2018). Marketable selves: Making sense of employability as a liberal arts undergraduate.Journal of Vocational Behavior,109, 1-13. •Barthauer, L., Kaucher, P., Spurk, D., & Kauffeld, S. (2019). Burnout and career (un) sustainability: Looking into the Blackbox of burnout triggered career turnover intentions.Journal of Vocational Behavior, 103334. •Vespia, K. M., Freis, S. D., & Arrowood, R. M. (2018). Faculty and career advising: Challenges, opportunities, and outcome assessment.Teaching of Psychology,45(1), 24-31