Business Performance: How to Manage and Improve Your Performance

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Added on  2023/06/18

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This report explores key characteristics essential for success in a business environment, including adaptability, resilience, assertiveness, honesty, respect, and resourcefulness. It details how to demonstrate these characteristics through various management and leadership techniques, focusing on adaptability through motivation, resilience via flexible strategies, and assertiveness by establishing effective communication. Furthermore, the report emphasizes the importance of creating a supportive business environment to foster workplace stability, promote employee motivation, and achieve optimal outputs. It highlights how managers and leaders can dedicate their efforts to building an environment where employees support each other, leading to a more productive and harmonious workplace. This document is available on Desklib, where students can find a wide range of study resources.
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Manage and Improve own
Performance in a
Business Environment
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Table of Contents
1.1 Characteristics in business.....................................................................................................3
1.2 Demonstration of:..................................................................................................................3
1.3 Importance to help and support others in business environment...........................................4
References........................................................................................................................................6
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1.1 Characteristics in business
Adaptability: This is an aspect which relates to reacting effectively when there is an
unexpected changes in business environment. Through this characteristic business can
regulate complexities and ensure its long term running in uncertain or unpredictable
market situation.
Resilience: The term resilience in business relates to business continuity or crisis
management. In the process being ability of an organisation to adopt or respond to
risk factors which also determines productivity of the firm represents the true
characteristic of resilience of a business firm.
Assertiveness: The given characteristic in business refers to have ability for
communicating message between its stakeholders in a confident manner without
being aggressive.
Honesty: Being honest in workplace promote feeling of trust among stakeholders of
the business. This characteristic of business ensures good working environment and
develops understandings over clear aims and objectives of the business.
Respect: For being respectful is another characteristic of business under which basic
need of an employee working in the operational firm is being taken care. Under this
business ensures providing of flexible working environment in which each employee
irrespective of their profile are being respected.
Resourcefulness: The given characteristic is a useful leadership techniques through
which promote or quick decisions can be made. This develops as ability of the
business firm to reflect on its pre-decided goals and objectives and ensures effective
goodwill of the corporate firm (Sharma, 2019).
1.2 Demonstration of:
Adaptability: Demonstration of adaptability in business context, includes pushing
individual's ability to work outside of their comfort zones. this can be done through
enabling effective motivation techniques in the business firm.
Resilience: Through implementation of management and leadership tools in business,
resilience can be ensured. Under the given technique plans and strategies of business
firm will be made flexible for being responsive towards several risk factors in the
operational market.
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Assertiveness: Demonstration of the given element in business could be presented
through, establishment of effective communication techniques. This will enable firm
to communicate their objectives and plans and ensure long term existence through
avoiding wastages of resources and increasing profit margins.
Honesty: For the given element being honest can be represented by adapting to
organisational rules and regulations. Further, it can be said that an individual
performing well as per given standard of business without using any bad practices can
be concluded under demonstration of honesty in the given organisational firm.
Respect: Developing professionalism in the workplace includes potential for a
business firm being respectful. The manner in which course of actions in the
corporate firm are being defined displays true feeling of having a respectful
organisational structure.
Resourcefulness: Proper management of resource by managers and leaders of the
firm can determine firm's resourcefulness. Risk or uncertain market situations can be
tackled by a business firm when being resourcefulness (Santos, Murmura and Bravi,
2019).
1.3 Importance to help and support others in business environment
Over the period of time switching towards traditional to modern business, there is a
greater importance of being supportive in organisation is being determined. Managers and
leaders of the corporate firm ensures their good interest is being dedicated towards presenting an
effective business environment in the organisational firm. Establishment of supportive
environment in the business firm in which every individual employee is eager to help other
individual irrespective of their personal interest. Following are the importance to help and
support others in business environment; Workplace stability: By establishment of supportive business environment stability of a
workplace can be ensured. For the reason being, it leads to happy working environment
which aids towards creating stress free and improved attitudes of individuals working in
the business organisation. Promotes motivation: Through establishment of supportive business environment, it
contributes towards motivational factor in the given business firm. A motivated
environment in the business contributes towards effective operational working in given
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operational market. Furthermore, managers can implement effective business strategies
and changes as per requirements of changing market conditions in which operational
work of the business firm is governed.
Best output: Through developing supportive business environment, best output of results
can be derived through investment of rational amount of resources in business working
(Huang and Song, 2021).
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References
Books and Journals
Huang, W.L. and Song, B., 2021. How do college musicians self-manage musical performance
anxiety: Strategies through time periods and types of performance. International Journal
of Music Education, 39(2), pp.95-118.
Santos, G., Murmura, F. and Bravi, L., 2019. Developing a model of vendor rating to manage
quality in the supply chain. International Journal of Quality and Service Sciences.
Sharma, E., 2019. A review of corporate social responsibility in developed and developing
nations. Corporate Social Responsibility and Environmental Management, 26(4),
pp.712-720.
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