This document discusses the challenges faced in marketing a T-shirt, including branding, finance, and operations. It also explores the skills required to overcome these challenges and effectively promote the T-shirt.
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Cw 2E-Portfolio and skills reflection
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try to develop MS excel skills and presentation skills as I lack in them. Also there is need for developing business skills. I am new to this sector and there is need for developing business skillsandmarkettheproductsappropriately(Chen,andLien,2018).Effectivetime management skills are also necessary for managing activities related to marketing of products. There is need for me to have effective and good management skills so that all me work is done in proper manner. I have to make several efforts for developing my skills so that I can manage business operations properly. ACTION PLAN After analysing my skills, it is sure that for doing better business I have to work upon my business skills and MS Excel skills. I can develop business skills and this will help in enhancing financialmanagementskillsand marketingskills.Theknowledgerelatedtofinanceand marketing will help me to invest my money effectively for promoting products and services. I am able to manage my work effectively by learning MS Excel skills. This is required for managing different data bases related to the launch of T-shirt. The financial management skill will help me to properly manage budget required for delivering effective T-shirts to people. I will learn how to manage MS Excel for managing my data. Also I will develop business skill for properly doing work in my business. CONCLUSION Form the above discussion, it is analysed that for completing the project of T-shirt logo there are some skills required by individuals. These are basically related to how to manage the work in effective manner. Also the efforts of mine helped in making a creative and attractive logo that will help in increasing the number of customers of this new logo T- shirt.
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HOTEL CHALLENGE INTRODUCTION A Luxurious hotel is going to be launched by me which is my dream project but as it is a huge investment, I have face ample number of issues which is related with location, promotion as well as budget (Collins, Wear, and Nagel, 2016). Therefore, in the present report, reflection along with the portfolio which is associated with the challenge are going to be discussed as follows. In addition to this, various competencies and skills are gong to be discussed which will assist in facing the challenges. ANALYSIS OF CHALLENGE It is said that in order to launch a Luxurious hotel at the marketplace of UK, various issues and challenges are being faced by me. One of the main challenge which is faced by us while launching the hotel is budget which is quite limited. In order to launch the hotel huge amount of investment is required by the management team which is difficult and risky for a person. Finance is very important for the smooth running of a business organisation at the marketplace which sometimes become a challenge for the management. On the other hand, location play very crucial role as perfect location is not available for the company every time. Location of the hotel is required to be crowd and can easily be accessed by every person. In addition to this, another major challenge is the promotion of products and services in front of customers. There are ample number of customers who consumes the products and service of the company offered by them, and for this promotion of the products are required. There are ample number of promotional tools which might assist in attaining goals but on the other hand, sometimes it might create negative impact on the overall image of the company (Dogra,and Kale,2020). Therefore, it is required by the management team to adopt promotional tools and techniques in an effective manner. DISCUSSION OF SKILLS It is important for various managers to have some skills that will help in doing the work effectively. For running a business some of the skills are mandatory to be present in individual's life.A successful business is reflection of your own skills and abilities. An individual can succeed in life when he possess necessary skills required for strong business. Some of the skills needed by me for running an effective business are communication skills, problem solving skills, 1
team management skills, MS Excel skills, time management skills, etc. All such skills force me to do more effective work and meet my goals. It is important for me to have some skills related to business so that I can easily communicate others how to run effective business and achieve mygoals easily. I also lack in MS Excel as I do not have proper knowledge of how to present data within Excel (Dunlop, Freeman,and Perez,2016). It is my responsibility to manage my work effectively and do my work in an effective manner. ACTION PLAN After analysing my skills, it is concluded that I must be prepared for adopting business skills and problem solving skills. It is important for me to have these skills in order to run my Hotel effectively. Within the Hotel, there are various processes which I have to manage and for this it is essential to have knowledge of MS Excel. I have developed plan for managing my business by developing some essential skills needed for managing my Hotel. Also, I have to develop marketing skills that will help me to promote my hotel services in an effective manner. My main aim is to run a successful hotel and this is achieved by developing managerial abilities and skills. Problem solving skills help me to solve different conflicts and fights that take place within the organisation. CONCLUSION With the help of above mention, it has been analysed that in order to launch a luxurious hotel it is very essential for the management team to examine the challenges faced by the them. There are various challenges faced by me which as a result this will enhance my communication as well as problem solving skills in order to attain ample number of opportunities in an effective manner (Keller, Dekimpe, and Geyskens, 2016). Along with this, by each passing time my MS Excel skill has been improved which help me in analysing the data and information in an effective manner so that I will be able to prepare a budget according to the requirement. 2
PRESENTATION CHALLENGE INTRODUCTION ThechallengewhichisdiscussedherebywithinthisreflectiveportfolioisThe Presentation Challenge. This is the challenge that required me to create a presentation on one of the supermarkets of UK. In this relation, the supermarket retail firm that was selected by me to undergo this challenge was TESCO. This is ascertained to be the biggest retail firm of United Kingdom in terms of revenues as well as market share. A brief description of this challenge as well as the skills applied for doing this challenge in an effective manner is given below. ANALYSIS OF CHALLENGE The Presentation Challenge was quite a difficult one as it required me to work in a team and prepare a power point presentation of 10 minutes. This presentation was required to cover a number of aspects related to the market leading supermarket chain of United Kingdom named TESCO. The presentation was supposed to firstly include the different types of trends pertaining to the supermarket sector at present time. For this, the group was required to conduct a thorough research during the week. Secondly, the presentation had to take into account the performance of TESCO since the month of October of 2015. Yet another requirement of this presentation was the inclusion of current financial performance of biggest rivals of TESCO, namely, ALDI and LIDL. The business environmental analysis of the respective retailer was presented with the assistance of 2 important strategic management models named SWOT and PESTLE analysis. Lastly, the hurdle in preparation of presentation was that it had to present the suggestions with the help of which the retailer can regain the market share and enhance its existing level of profit performance. DISCUSSION OF SKILLS The primary focus of this challenge was upon the application of a number of skills by the group in order to effectively collect information about TESCO from a number of sources such as MINTEL reports, researches, books, journals, articles and organisational website. In this regard, one of the most important skill that was required to do this challenge wasresearching skill (Lim, 2018). With respect to this, I noticed that my researching skills were quite strong during the whole task and provided aid to me in gathering relevant and current data about TESCO, its rival firms and its financial performance. This further gave a competitive edge to our group as with 3
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the help of my effective researching skills, the team was able to collect some important facts and findings related to the financial performance and market statistics of TESCO, ALDI and LIDL. Yet another skill which was quite handy in accomplishing the requirements of this challenge was communication. In this relation, I noticed that my strongcommunication skillsrendered me assistance in setting networking with the other members of the group and thereby asking or telling them what to do in order to complete the challenge within the given course of time. Although the before mentioned skills contributed to mine and the group performance in terms of collecting valid and reliable information as well as setting a communication with team mates, I also possessed certain shortcomings. These acted as the hurdles or constraints in the process of completion of task in a timely manner. One of the biggest challenge in this relation wasdata interpretation skills. I noticed that I faced severe difficulty in dealing with wide array of financial information presented within the MINTEL reports, organisational website and online articles. The main issue in this regard was to analyse the graphs and take meaningful conclusions out of them. Yet another shortcoming was myineffectivepresentation skillswhich resulted in my inability to deal with presentation softwareso as to effectively present the information in front of the audience. ACTION PLAN It is important for an individual to constantly enhance one's skills and competencies in order to undergo personal and professional development in an effective manner. In this regard, I have decided that I will develop my presentation and data interpretation skills by undertaking training sessions from my mentors. This would provide assistance to me in inflating my existent level of skills and thereby making my personality aligned with the personal and professional requirements in the future course of time. By undergoing such training sessions and thereby executing the action plan, I will be able to complete the same challenge in an enhanced manner in upcoming time. CONCLUSION On the basis of above portfolio, it can be said that presentation challenge is an effective task which provides assistance to individuals in applying a number of skills and thereby accomplishing it within stipulated course of time. Further, it is inferred that action plan helps personnel in developing the skills in which they have shortcoming to make them compatible for undergoing tasks in future time period. 4
DEBATE CHALLENGE INTRODUCTION Debate Challenge is considered to be one of the most prominent tasks that shape the identity of an individual as it requires the application of a number of skills in order to effectively accomplish the task within due course of time. Thus, this reflective portfolio is based upon the subject matter of Corporate Social Responsibility (CSR). It is regarded to be a crucial element for each and every enterprise operating within the confines of an economy. ANALYSIS OF CHALLENGE It is important for an organisation to duly undertake Corporate Social Responsibility as to effectively satisfy each and every aspect those who are related to entity. Further with the help of this company can effectively able to fulfil benefits of stakeholders as well as community in well defined manner. In addition to this, by undertaking CSR activities into consideration organisation can duly able to satisfy every related individual of company in effective manner and can further able to make significant increase in overall performance of entity. DISCUSSION OF SKILLS This has been duly evaluated that certain number of skills in challenge include meeting skillsand communicationskills.Both of theseskillsareprominentpersonalalong with professional skill. In addition to this, it has been determined that these skills. By undertaking these skills individuals can effectively able to perform their objectives in well defined manner. Along with this, it is essential for individuals to considerboth of these skills are to present viewpoints in front of other in well defined manner. It has been identified that my meeting skills are quite effective along with this I am quite effective to present my views to other in well defined manner. Along with this, I am having respectful nature to every individual during the process of debate.Thus, with the help of these skills I can effectively able to ensure more growth and development in my career. Apart from that, it has been identified that I am having weak communication skill as I am a active listener. It has been analysed by me that I believe that with the help of CSR organisation can gain significant advancements. As with the help of this marketing tool entity can ensure more successful growth. Further it has been defined that I possessed hesitant nature that restrain 5
me to keep my point in front of audience. Apart from that it has been determined by me that I an quite confident to debate on a topic. ACTION PLAN It is crucial for me to constantly identify and analyse my shortcomings in order to develop them in the short run. This will ensure that such shortcomings do not pose a threat to my future. In this relation, I have analysed that there is a dire need to enhance my communication skills, exclusively the verbal skills so that I can interact with people as per the requirements of task. To facilitate this, I would be undertaking several debate classes from my assessors which would require me to apply my critical thinking skills and thereby enhance my existent level of competency in terms of this skill. As a result, my speech skill, self confidence and the relevancy of content that I am presenting in front of people would automatically get enhanced. CONCLUSION On the basis of above discussion, it can be said that Debate Challenge is quite effective in facilitating the growth and development of competencies of an individual. Also, it has been inferred that better and effective insight into the practices of CSR would tend to inflate the existent operations as well as working of an organisation. 6
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