BUSS701: Bachelor of Business
Added on 2021-06-17
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BACHELOROF BUSINESSBUSS701CO-OPERATIVE EDUCATIONIntake 1Semester One,2018PORTFOLIO 2Being a successful professional in a globalised worldStudent Name:Student ID:Major:Your contact no:Workshop Supervisor:Academic Supervisor:CP Organisation :CP Supervisor:
OverviewThe Portfolio ispart of the academic programme of work you are required to complete for Co-operative Education. It is designed to ensure that you are achieving thegoals and objectives youplanned for your Co-operativeEducation Placement.Please note that throughout yourPortfolio you must: apply concepts, models, frameworks, theories and/or technical competencies from your major, and other areas of study use authoritative sourcesprovide in-text references in APA (6th ed.)update your Reference List with the full reference (APA 6th ed.)Throughout Co-operative Education you will be focusing on how you are achieving the BBus Learning Goals set out below:Learning Goal 1:Be self-directed, reflective learnersLearning Goal 2:Be knowledgeable in their major field(s) of studyLearning Goal 3:Be critical enquirers and creative problem solversLearning Goal 4: Be able to make business decisions that take into account social, ethical, environmental and global dimensionsLearning Goal 5:Be able to work effectively with othersLearning Goal 6:Be effective communicators Learning Goal 7: Be connected to businessThePortfolios are the next stage of the assessment programme that culminates in an Oral Brief and FinalReport. In the Co-operative Education assessments you will critically reflect on, analyse and evaluate your development throughout the Co-operative Education Placement and work on and complete a topic of your choice.Instructions for completing this documentYou are required to address all of the pointsin each of thesections. You may either answer each point individually or youmay choose to respond to all points in one discussion using paragraphs withappropriate headings and sub-headings.Note: Do not delete any of the information or instructions from the templatePortfolio 2 Plan ChecklistCompleted each section.APA referencing and in-text citations.Tasks discussed relate to major.Research topic progress discussed.Professional skills development discussedTheories, concepts, frameworks introduced throughout.Media log completedEvidence of work environment providedSpellchecked and proof read document.A.Your Co-operative Education Role:being knowledgeable in your major field of study by demonstrating the application of knowledge from your major(s) to your Co-operative Education role, placement, or industryThe aim of Section A is as follows:To demonstrate how relevant the various theories and concepts from your major have been in the Student Name & ID: __________________________________ Co-operative Education Portfolio 2 – Intake 1, Semester One, 20182
development and completion of your tasks To reflect on the significance of your role and how you have added value to your team and/or organisationIn this section you should explain how knowledge from your major(s) applies to your tasks and discuss the value of your role.For each new, expanded or updated task, explain how theories, concepts, models, frameworks and/or technical competencies, from your major(s) have applied. THE TASKS:1.Discuss theprogressyou have made since the Portfolio 1 submissionandany further key tasks you have undertakenin your placement. You should discuss your updated knowledge and understanding of your tasks, relevant theoryand respond to any feedback given in Portfolio 1 and/or from your Workplace Supervisor.Include in your discussion responses to feedback given in Portfolio 1 and reflect on further progress that you have made. In your discussion you should: a.outline and discuss a comprehensive range of theories, concepts, models, frameworks and/or technical competencies to demonstrate your understanding (Note:You must draw on authoritative sourcesusing in-text reference).b.explain how this knowledge was relevant to and guided you to complete your tasks. 2.Think back on the course content you have covered during your previous studies at level 6 & 7. Discuss and reflect on any gaps and/or differences between your theoretical knowledge from your major(s) and the application in practice throughout your placement. 3.Discuss the significance of your role and the value that you have added to your team and/ororganisation and howthis has developed throughout your placement. 4.Reflect on your performance in the role (with specific workplace evidence and examples).A.THECOMPREHENSIVERANGEOFTHEORIESDuring my job, I have noticed that the organization named Tank Test Laboratories, is dealing with the issues regarding its internal management within the organisation. There were several conflicts in between the employees over various different issues and hence, the culture of the workplace was not at all supporting and favourable. I found that the department which was given the authority to look after the internal management of the workplace was not doing their work role in proper manner and hence, it was resulted in such a bad condition where the employees were de-motivated and their encouragement level was very down. With the same, I also noticed that the production level and the productivity of the employees were also very low. It is although very obvious for an organisation to have low productivity if its working culture and environment is set in such a destructive manner where employees are more engaged in conflicts rather than in increasing productivity. A company where the workers are not working in a collaborative manner is bound to have low success and low production which will ultimately affect the revenue production of the company. In this situation, it has become very important to develop proper HR management practices in the organization in order to increase its organizational revenue. This is because it is the only way in which such condition could be solved and oneness among the employees could be encouraged. To me, collaboration is very important in each and every organisation and i think none could deny this fact that it is one of the biggest factors which contributes to the growth and success of every organisation and its business notwithstanding the fact whether its employees are capable to perform together as a team. In today’s world there is an immense increase in competition and therefore, it has become more important than ever to encourage and promote creativity in the workplace for improving the productivity as well as for promoting an healthy employee relationship. Therefore, in this situation, I have decided to develop ‘Fayol’s six functions of management' theory. It is mainly managerial. As per this theory, the important functions of the organization such as planning, controlling, organizing, forecasting, coordinating and commanding are being managed. According to Foyal, making up a good plan of action is one the toughest of all the five management functions. It requires strong and dynamic participation of the whole organisation. Hence, he has stated that along with implementation and respect for time, the process of planning should relate to and must be coordinated on the various different levels. Furthermore, he has said that any organisation could only function and operation in a better way if it is nicely organised. It means that in every organisation there should be enough staffs, workers, raw material and capital in order to make the organisation run smoothly. It is also very important for making good working structures. Furthermore, he has discussed about the importance of commanding by stating that if the employees are given clear work instructions so that they could easily understand what are expected from them to do, the return from the employees would be optimized in case if they are provided with a concrete instructions in context to the activities which should be carried out by them. The fourth is the coordinating. I find it much more relatable with the present condition of the company. It is a known fact that if all the works are coordinated in an organisation then it will surely perform in a better way. Hence, positive influencing of the workers is very in this process. The last but not the least is that of the importance of controlling. The HR team of the organisation must therefore look after and take care of whether the workplace activities are being carried out in accordance with the plan. By developing this theory in the organization, I may get the chance to develop the internal culture of the organization. On the other hand, Leadership theory has been mentioned in this study. This theory is very effective in the case of developing the Student Name & ID: __________________________________ Co-operative Education Portfolio 2 – Intake 1, Semester One, 20183
strong relationship with the employees and employers. This can be said that by developing this model, the organization will get chance to increase employee efficiency in the workplace. I have decided to develop Human resource management practices ore effectively so that that employee engagement can be increased in the company. The effectiveness of knowledge to completing tasks Depending on the experiences, what I have gathered during my job I have noticed that the internal structure of the organization is not favourable for increasing its business growth. Therefore, I have decided to introduce ‘Fayol’s six functions of management’ theory in the organization. This theory has helped me to a great extent. By following this theory, I have got the chance to engage the employees towards their work and one of the major benefits of it that i found was that it is indeed an easy application. While technology and globalization have accelerated the rate of change, creating more uncertainties and less stability, the entrenched values behindFayol's principles remain a stabilizing force in the modern workplace. It has helped me to develop the strong organizational culture so that the coordination capacity of the employees can be increased. On the other hand, I have also noticed that after applying leadership management theory in the workplace, I have given enough space to the employees, so that they can discuss their needs and demands to me. I foster open discussion in the workplace and tried to promote collaborative work. I individually called out for the employees one by one in a separate room and asked about their problems and the difficulties that they might be facing in operating work in the company. I asked them if any of their needs is not met by the organisation and if they are unsatisfied with any of the things that have been implemented in the workplace. I assured them their opinions and sayings wouldbe kept completely hidden and no one would be able to know that who has said what so that they can open up infront of me. I wanted to know their opinions regarding their job and whether they are satisfied with the culture of the company. Lastly after every discussion, I used to ask them to recommend and suggest something for the betterment of the company that they think would be beneficial for the overall business and working process in the workplace. Depending on the demands and needs I have tried to introduce various reward and recognition for motivating the employees. I have also tried to bring some changes in the workplace so that the motivation level of the employees could stay consistent. On the other hand, I have also applied for Human resource management programs. This can be considered as the most effective model applied by me for increasing the rate of productivity. By providing training to my employees, I have motivated them to achieve the goals and objectives of the organization. These types of professional practices have influenced the rate of productivity in the organization.DISCUSSANDREFLECTIONONANYGAPSBETWEENYOURTHEORETICALKNOWLEDGEFROMYOURAPPLICATIONINPRACTICEI have already mentioned in the previous part that in order to deal with the organizational situation, I will focus on managing the entire organizational structure, I had decided to apply Fayol’s six functions of management theory, leadership theory and HR management practices in the organization. However, I have noticed a huge gap between the theoretical knowledge and practical problems in applying these theories. It is not easy to motivate the employees through rewards. I have also realized that money is not only the motivationaltool for the employees. Therefore, I have decided to fulfil the basic needs of them. On the other hand, during applying the leadership theory in the organization, I have noticed that giving instruction to the theoretical way is not easy. In order to develop the proper relationship with them, I need to develop strong relations with my employees. This will be helping me to increase their efficiency. I have also noticed, Human resource management practices, which I have decided to develop in my organization, is also another important for increasing the engagement in the organization. As my job role is to manage the entire operation in the organization. Therefore, if I want to increase the employee engagement, I need to focus on introducing modern technologies and different HR tools. By developing these, I will be able to analyse the performance. Depending on the performance rate I will be able to provide the motivational bonus to the employees. On the other hand, if internal conflicts occur in the organization, in this situation, I will not use this strategy.This has also been identified by me that I need to focus on providing the safe and healthy atmosphere tomy employees. During this period, the experiences which I have gathered, cannot be compared with the bookishknowledge of mine. I have realised that bookish knowledge has helped me to understand the strategies and the practical situation has given me the scope for implementing my knowledge. Therefore, this can be clearly said that through this process, I have learned to use my knowledge depending on the situational needs. It has been identified by me that during supervising, I have got the chance to understand the actual problem in the organization. I have also analysed the gap between the supply chain management and stoke exchange department in this organization. After analysing the Human resource and organizational structure related problems I have decided to provide the facility which will be suitable for employees rather than which facility the management wants to develop. By taking their decisions regarding the development, I have learned to apply my knowledge for organizational development. DISCUSSTHESIGNIFICANCEOFROLEANDTHEVALUEAs I have discussed before that I have joined in this organization named Tank Test Laboratories as office administrative. Hence I have a large number of responsibilities. As an office administrative I need to maintain the work efficiency of my employees. This is the very important responsibility of mine for achieving the Student Name & ID: __________________________________ Co-operative Education Portfolio 2 – Intake 1, Semester One, 20184
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