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(PDF) RESEARCH FOR PERSONALITY DEVELOPMENT

   

Added on  2021-04-17

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Running head: COMPETENCY PERSONALITY DEVELOPMENTCompetency Personality DevelopmentName of the Student:Name of the University:Author note:

1COMPETENCY PERSONALITY DEVELOPMENT1Self-introduction-As I am an engineering student I have done the Bachelor of Civil Engineering and Icame to Australia to pursue further studies, as I was doing Master in civil engineering but thereason which get me into the MBPM is the content and the knowledge which they weregiving me were as the same as bachelor of civil Eng. So, I decided to quit the engineering andto do MBPM. As my goal is to be successful in life and as per the present case after fiveyears I can see myself as a supervisor or a manager in Coles supermarket. It is because I amworking in Coles for 2 years and I love my work and as I enjoy it and just now I am just theteam member (Fresh produce department) in Coles supermarket but as further I believe that ifI keep on doing good and fast work then definitely I will be the manager. And, in my field theplace where I have been working they have introduced aColes graduated program and IfIsucceed in this than I can become the duty manager or the store support manager. And therequirement for this program is Master’s in management and good thing is I am pursuingMaster in business and project management which will be finishing soon and I can apply forthis program. By these I can achieve my goal.2Mega Trends and ChallengesIn current days, there are four mega trends for retailing industry that every employeeshould take into consideration and they include influencers and consumer changing demands;launch failure, seasonal workers, and rise of private networks. The main challenges for retailindustry in present days are collaborative economy, ongoing digital world along withconsumer-centricity.

2COMPETENCY PERSONALITY DEVELOPMENTMACRO -ELEMENTCitationsPoliticalThe overnment regulations against themarket nature (duopolistic)(Baines, 2014)EconomicUrbanization, recessions and globalization. Shifting of economic power to other parts ofthe world(Bertacchini,Liuzza &Meskell,2017)SocialWith globalization, there is a Change inconsumer preferences(Wiese & Leon,2017)TechnologyDevelopment of digital technologyEmergence of e-commerce(Westerman,Bonnet &McAfee,2014)DemographicDiversity in the national and culturalbackgroundIncrease in the flow of migrationAging population has created a greatchallenge in the field of retention and drawing theattentions of the young employees towards theindustry.(Bruce, 2014)(Harper, 2014)Naturalclimate change Running out of natural resources(Solow, 2016)Summary of Table:The political drifts, which have been influencing and are possible to influence theretail industries in the future as well are the government regulations and their policies whilethe economic challenges that it is facing are Urbanization, recessions, globalizationand shifting in the economic power. The cornrstone of the international development andgrowth is rapidly shifting to Asia (Hawthorne, 2016). Apparently, the demographic changesare increase in the flow of migration, rapidly aging population and diversity in the nationaland cultural background that are attenuation the entire workforce as one share of totalpopulation. In turn, this will be making the governments to fall beneath large pressure for

3COMPETENCY PERSONALITY DEVELOPMENTlifting up the taxes in order to maintain the social programs in future. The changes in thelongevity might influence the business model of Coles, the pension costs and the talent goals.Apparently, the social trends are the consistent variation in consumer preferences.Furthermore, there are strong competitions for talents in today’s employees. Severalenvironmental challenges that are being faced by the retail industry in modern days includethe shortage of natural resources and climate change that are affecting the industry as well asthe labour market. It is noticed in some retail sectors because of extreme weather conditions,the working condition is being deteriorating. These have posed grave defies for this particularsector (Hatfield-Dodds, 2015). Therefore, the leaders must embed sustainable cultures. Onthe other side, the technological convergence shall generate a large array of new productmarkets, which could make the rest of the existing market obsolete. 3.Goalsfollowing a specific goal till it is achieved cannot an easy task. It needs unparalleleddedication as well as meticulous planning from a person to achieve. Five of my professionalgoals are:scheming a career round my own desire, get promotions, culturing newer skills, making myself as an improved networkerReducing my work hours without compromising my productivity.I have set a short-term, a mid-term and a long-term goal for my future. Speaking ofmy short-term work goal- is to acquire the position of a duty manager or a store support

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