Managing Financial Roles

   

Added on  2022-03-16

28 Pages8687 Words334 Views
Name: Chiedza Antonatte Marime
Student id: GBE-1900945

Company name: Botswana Accountancy College

Module name: Understanding and Managing Financial Roles

Due date: 13 Friday 2020, 3:00pm (12:00 hours)
Managing Financial Roles_1
Table of Contents
PRINCIPLES OF RESPONSIBILITY MANAGEMENT EDUCATION- SELF MAPPING .............. 3

MY PREFERRED WORK REGION
................................................................................................................... 7
GROUP CRITIQUE OF THE HARDVARD MODEL OF HRM
............................................................................. 9
TEAM WHATSAPP PARTICIPATION............................................................................................................ 16

I AM MISUNDERSTOOD CORRECTION OF MISCONCEPTION .................................................................... 18

MY PREFERRED INTERVENTIONS ............................................................................................................... 20

CLASS DEBATE PARTICIPATION ON EFFECTIVE STRESS MANAGEMENT................................................... 20
Managing Financial Roles_2
PRINCIPLES OF RESPONSIBILITY MANAGEMENT EDUCATION- SELF MAPPING
Looking at the principles of responsibility management theory, it is proving to be an
effective framework that fosters change at the school level and beyond as communicated
by (Adombent & Godemann, 2014). Moreover, It has been the motivating force for leading
the entire faculty towards responsible management education and has provided a better
understanding for the need of integrating triple bottom line issues in functional
management areas as asserted by (Marcinkowska, 2011). I am going to reflect on these
principles of responsible management education that are purpose, values, method, research,
partnership, and dialog. The mission of this reflective is to learn from past events and
ensure if it is necessary for BAC to apply these principles.

According to (Escadero, 2012), purpose is whereby my capabilities are being developed
to be a future generator of sustainable value for business and society at large. BAC has
helped me to discover and to develop my purpose. Before I came to BAC, I was an
introvert student, I never talk or know how to express my feelings. After learning financial
analysis, I discovered that my purpose was to lead and guide people especially in decision
making and to help people that struggle with mathematics problems. This will enable me
to help BAC with my leadership style to help the first years in making decisions. Looking
on how my life was impacted by this principle it shows that it is feasible, and it resonate
with my personal development. In order to help the students to continue developing their
capabilities, BAC lecturers must continue in diversifying in terms of doing both in class
and outreach that is learning connected to the outside world as indicated by (Steiner,
2013). More so, BAC must promote community service and civic engagement. Lastly BAC
lecturers are supposed to serve as our mentors and do self-awareness programs so that
we can discover our purpose.

Moving on to values, this incorporate into academic activities and curricula activities as
portrayed in international initiatives such as the united nations global compact (Walton,
2010).This principle focuses on explicitly adopting the values of global social
responsibility into the educational organization and learning experience. In my own views
this is a feasible principle because it generates awareness of ethical assessments,
Managing Financial Roles_3
perspectives, and conflicts or instill values within and through educational activity. As I
was growing, values were something that was so insignificant in my culture and we never
valued them. When I came to BAC, I came across a certain module called professional
accountant. In the process of doing that module I learned about values and their
important. Although it was a tough process to try to adjust from what you used to do
shifting to what is right. At the end of semester, I was someone different, I became
discipline, obedience and my understanding were even more. In the future this will help
me to educate others on the importance of values to promote sustainable development.
BAC lecturers have managed to instill this in all the students especially those who wanted
to change. And I hoped that I will be able to help BAC by following those values weather
at home, market, or workplace. For BAC lecturers to continue instilling values in us, they
must set as an example so that we learn from them. As well said by Shribery, (2013) that
examples and experiences are the best teachers. Most time we find out that what we
teach is not what we live, hence BAC lecturers must try to avoid that and set as examples
to students.

On Method, it will create educational frameworks, materials, processes, and
environments that enable effective learning experiences for responsible leadership. In my
own views, to become professionals and managers that act more responsibly, it is
essential for us students to be taught effective methods with which to use this knowledge
in the business world (Shribery, 2003). Looking at where the world is going, only those
who are familiar with education framework will survive as well said by (Verbos, 2016).
Few months ago, there was lockdown in the whole world, and no one could move from
place to place. All institutions where closed. This means that we were now behind time,
instead of closing May, we end up closing school around July. This was a whole two
months being wasted. If only BAC has introduced and implement E learning before we
would not have waste the time. Hence, I found this principle feasible and it resonate with
my personal development. It is worth noting that, BAC is supposed to continue with the
process of E learning regarding the circumstances. And I will make sure I attend the
lessons even online as my contribution to help BAC lecturers in stilling the method.
Managing Financial Roles_4
Looking at research, it helps me engaging in conceptual and empirical research that
advances my understanding about the role, dynamics, and impact of corporations in the
creation of sustainable social, environmental, and economic value (Kostera, 2005).
Exploring on feasible, researchers are involved in various projects dealing with aspects
of a sustainable and future-oriented society, therefore, this principle is feasible, and it also
resonate with the current study I am doing accounting and finance. In terms of research,
BAC lecturers have tried all what they can to implement this principle. Moreover, they
have even provided the necessary equipment needed in researching such as computers
and data bundles. And it is worth noting that, it is important for lecturers to continue in
providing us with assignments that need research, to gain the complete understanding to
impact the corporations with my knowledge. As a second-year student, I am going to help
BAC in terms of providing my colleagues with the research techniques without charging
them.

Exploring on partnership,
it is whereby there will be an interaction between managers of
business corporations and schools to extend their knowledge of challenges in meeting
social and environmental responsibilities and to explore jointly effective approaches to
meet these challenges
(Adombent & Godemann, 2014). BAC lecturers are supposed to
contribute to this principle by
hosting alumni events with relevant themes and speakers.
Moreover, they are supposed to do student business plan competitions with relevant
theme and prizes, and give support for Enactus to enable sustainable future (Escadero,
2012). In addition, BAC should do collaboration with various companies and sector bodies
to address relevant critical issues as supported by (Kostera, 2005). Lastly, do partnership
with companies to provide tailored programmers and modules for the students and
engaging in joint research on sustainability issues (Shribery, 2003).
As a result, I will help
BAC with my support and engaging in all the activities that will be taking place.

Lastly but not least dialog, it facilitates and support dialog and debate among educators,
students, business and other interested groups and stakeholders on critical issues related
to global social responsibility and sustainability. Like what I have said under purpose that
I was an introvert but due to participation in class I became an extrovert. Hence, this
principle is feasible as it boosts confidents in students. In responses to this principle
Managing Financial Roles_5
lecturers must include relevant industry seminars, lectures series open to community and
wider public as supported by (Verbos, 2016). For example, Institute of Business Ethics
(Walton, 2010), and international exchanges by faculty and students with PRME
signatories. As a result, I will be a part of all these seminars to support BAC lecturers.

In conclusion all the above principles are feasible and therefore, they all resonate with my
personal development. Hence, BAC lecturers are supposed to help us to instill them in
us.
Managing Financial Roles_6

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