Personal Insight: Evaluating Competencies for the Informers Job Cluster
Verified
Added on 2023/06/10
|14
|2408
|194
AI Summary
This article discusses the evaluation of competencies for the Informers job cluster in the contemporary business environment. It includes an assessment of the author's skills, weaknesses, and opportunities for improvement in the field of accounting.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head: PERSONAL INSIGHT PESONAL INSIGHT Name of the Student: Name of the University: Author note:
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1PERSONAL INSIGHT Abstract Contemporary business environment tends to be dynamical and progressive. Individuals being an integrated part of the overall workforce, efficiently intend to obtain insights and adequate knowledge in order to adapt to the elevating developments pertaining to the modern business domain. Through the explicit understanding from the journal ‘Foundation for Young Adults”, I have acquired a comprehensive idea that there had been a conflicting situation between the task cluster which I perceive to have aimed of being The Informer. However the business environment for the Informers has recently been undergoing certain positive as well as negative changes. This has increased my level of inclination in evaluating the business domain along with its developing transitions. Furthermore, I would be engaged in performing various tests, charts and analysis in order to explore the current level and form of competencies I possess as well as identify the critical areas I lack to develop myself for the prospective days.
2PERSONAL INSIGHT Table of Contents Introduction............................................................................................................................3 My Job Cluster(S)..................................................................................................................3 Industrial Developments and conditions............................................................................5 Considerable areas of expectations and standards for (My Cluster/Sector)......................6 Assessing my areas of competencies.................................................................................7 Conclusion............................................................................................................................10 Appendices...........................................................................................................................11 References............................................................................................................................13
3PERSONAL INSIGHT Introduction Modern organizations are undergoing significant changes and encountering unprecedented demands and requirements for transitions at both strategic as well as operational level. There can bewitnessedageneralreceptionfordevelopmentsthatisrecognizedasaninvariable characteristic of the current organizational domain. Modern business enterprises are intrinsically beinginfluencedbytheelevatingrateofglobalizationoftheeconomy,globalmarket competitiveness, advanced technologies and customer satisfaction and demands.Organizations operating in globalized business environment are distinguished as more complex in comparison to the organizations which have developed in the past two decades. These persistently evolving and dynamic business enterprises need to engage challenging as well as competitive individuals to attain competitive advantages. Thus to acquire improved knowledge and insights I aim to execute some analysis and assessment to evaluate my skills and efficiently distinguish the areas which would require greater degree of improvement. My Job Cluster(S) The New Work Mindset journal has identified 7 important job clusters in Australia namely Generators, the Artisans, The Carers, Technical Experts, Informers, Coordinators and Designers (FYA 2016). As per the criterion provided by the FYA assessment, I have attained the understanding that the competencies which I possess would fit the profile of the Generators which require improved level of interpersonal skills to effectively engage in retail, sales, customerrepresentation,hospitalitysector.However,followingtotheevaluationofthe assessment outcomes I have realized that my competence level can appropriately ensemble the job cluster of the Informers which tend to engaged experts engaged in education or business
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
4PERSONAL INSIGHT domains and also involve individuals who are aiming to excel their career in finance. I have always exhibited greater level of inclination in providing comprehensive knowledge of value to others and with the diminutive proficiency I have attained in the field of accounting I feel that my skills are significantly suitable for this particular job cluster. At this juncture, it is important to observe the varying characteristics of technical skills persisting from cluster to cluster. However, The New Work Mindset reveals that the Generators which tend to shed light on skills such as business or organizational growth, client relationship management, store supervision, trade and stock management. While the Informers section aim to concentrate in areas which necessitate produce greater level of knowledge and services related to business consultation (FYA 2016). However, these forms of abilities draw similarity with certain forms of teaching skills which primarily focus on knowledge assessment, report writing, documentation, along with policy and information development. Several reports reveal the importance of both technical skills and expertise in every job domain whereby the soft skills are observed to shift from one cluster to the other. The comprehensivereportofTheNewWorkstatesthattheclustersofGeneratorprimarily emphasize on expertise which focus on client servicing roles such as improved interpersonal abilities,establishingeffectiveassociations,maintainingtimemanagementandenhanced supervision capabilities (FYA 2016). Furthermore, the domain of the Informer cluster tend to emphasize on soft skills, assessing and evaluation along with other core areas related to knowledge-orientationtalentsuchasdocumentation,investigation,projectmanagement, administration as well as innovation and creativity. This however implies the both the domains of Generators and Informers extensively focus on common ground of competency which gives value of to technological advances, digitalization and effective communication skills which tends
5PERSONAL INSIGHT to eradicate the areas of challenges and complexities and promote adaptation to improve the job clusters. However, it has further been noted that the competences of soft skills are recognized as immensely vital for business enterprises to engage employees who already possess high level of ability of interpersonal communication and proficient enough to bring relevant resolutions during any conflicting situations within the organization. Industrial Developments and conditions Evaluation of Professional skills Being a representative of The Generator job cluster, I further have exhibited my area of interest towards the Informers job domain which primarily comprise of services related to Administrative and Logistics, trained, systematic and mechanical services along with education along with knowledge development and training. My previous diminutive experience in the field of accounting has developed my understanding of the probability of engaging in the Professional Industry sector. However studies explore that the field of Professional Services primarily comprise of industries which aim to provide vital services to the domain of alternative trades and domestic spheres (ABS 2017). These services furthermore, are observed to exemplify areas associatedtosystematicinquiry,methodologicalobservation,architectural,manufacturing, commercial and technical domain along with law and finance and other areas of marketing, advertising research, business consulting as well as alternative proficient services. With an emphasis of this broad range of services, the Professional services sector tend to experience a significant growth of around 1.9% estimated from 2018-2023 (IBISWORLD 2017). The Accounting Services in Australia on the other hand exhibits high level of emphasis on services related to auditing, accounting financial records of organizations, analysing tax
6PERSONAL INSIGHT revenues and offering other clerical services (IBISWORLD 2017). However, in most of the cases, the payroll access, invoice, purchase statement services are expelled from most of the business operations. The accounting service industry reportedly experiences a growth of around 20 Billion that further reveals a gross increase of 1.5% from the year 2013 to the current year along with an exceptional growth of 1.8% from the current year till 2023 (Australian Financial Review 2017). Employment reports further indicate the development of over 15% of accountant services whereby almost 189,100 accountants have been employed since last year in the Big Four corporations namely Deloitte, PricewaterhouseCoopers (PwC), KPMG and Ernst and Young (Knapp 2018). This growth has led the accounting sector undergo improved technological transformations resulting repetitive and clerical based roles develop into mechanized systematic jobs further introducing a broader role of accounting in fields of finance, trade and management. Considerable areas of expectations and standards for (My Cluster/Sector) Reports revealed by the Australian Service Sector signify the increasing growth of selective and competitive emphasis on highly digitally proficient applicants in order to enhance the level of employment of data analytics in field of auditing and finance. This demand by the accounting sector implies the need of accounting graduates to develop technical proficiency in Ms Excel and Xero in order to get employed in the sector (ABS 2017). It has further been noted that certain areas of complexities whereby accounting business corporations are off shoring core accounting roles executed by graduates resulting to certain graduates to offer high end jobs which often leads to exploitation of management information. Though modern organizations tend to assess employee soft skills of efficiently planning, adaptability, decision making and problem solving ability, they further reveal high level of importance on proficient roles of
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
7PERSONAL INSIGHT Chartered Accountants (CA) or roles of Certified Management Accountant (CMA) (ABS, Labour Force 2017). Assessing my areas of competencies Academic Credentials-Having attained a Bachelors Degree in Commerce and doing a Masters in Accounting, I always possessed a greater degree of curiosity and inclination in addressingcomplexareasoffinanceandaccountingduringmyleisuretimeand successfully accomplished in solving the queries and generating accurate results. These inquiries have further aided me to excel in this field and attain a HD average degree and execute some diminutive accounting roles. However, there are certain alternative subject areas where I have struggled in order to identify finance techniques related to accounting.
8PERSONAL INSIGHT Individual Abilities-Following to the successful evaluation of 16 personality tests, I identified that my skills are primarily associated to the Logistics whereby individuals takes accountability of their own actions. However, it has been observed that Logisticians aim to execute tasks with utmost precision, accuracy and persistence. With my ability of being observant, perceptive and execute effective problem solving abilities, I consider that I could efficiently integrate myself in the Accounting domain with the role of Chartered Accountant. MyShapes Assessment-Generating the results of the SHAPES Chart, even though I have attained the knowledge that I have developed in approximately all areas but further needtoenhancecertainareasinordersurpasstheincreasingrateofdigital competitiveness in the field of accountancy ((Cottrell 2015). Furthermore, it has come to my realization that proficiency and knowledge are the factors which I need to improve as globalized business enterprises are highly acknowledging prior professional expertise of employees rather than focusing on educational degree. Current Areas of Expertise-Currently pursuing a Master’s degree in Accounting, I do not posses any professional experience or practical knowledge. However, being born in a family of finance where my father is an Accountant of a reputed firm, I have always been associated with field of book keeping, ledger, tax revenues, budgeting. It was during these situations when I attained the realization of my capabilities of sharing knowledge with others related to the field of accounting.
9PERSONAL INSIGHT SWOT and gap analysis of my Skills Evaluating the aspects of Professional Services, I like to drive my desire of developing my abilities in the field of professional accountancy which aims to incorporate a wide range of soft skills and technical abilities. I would further like to enhance the areas of digital utilization of Ms Excel and at the same time emphasize on the soft skills related to problem solving and interpersonal skills along with advanced evaluation techniques (Accountants Daily 2016). It is important to observe, the way modern business enterprises significantly have been acknowledging professional expertise rather than solely being reliant on academic credibility. Thus to adapt this highly competitive business domain and employ myself in one of the most reputed organizations along with an area of expertise in management other than areas of budgeting, taxation and forecasting. As I efficiently desire to enhance my abilities and further develop my areas of expertise in attaining a role of Chartered Accountant in one of the big four
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
10PERSONAL INSIGHT companies, I further believe that attaining analytical skills are not significantly adequate to be involved in globalized business enterprises. Acquiring managerial abilities and proficiencies are equally vital for contemporary business firms. Swot Analysis StrengthsWeaknesses Adaptability Problem-Solving Skills Leadership Ability Positive Behaviour Dedication Strategizing Ability Lack of Time Management Self-Assurance Reserved Inabilitytoestablisheffective communication with strangers High level of distraction OpportunitiesThreats Areas of Developing new and enhanced abilities Adaptability of technological advances Accomplishing immensely proficient accountants Automation of accounting work Increasing level of competition Cyber Crime Conclusion Thus, through the evaluation I have attained the insights of being highly suitable to be employed in the job sector of the Informers which incorporates the utilization of both technical as well as soft skills. However, the sector where I have exhibited my inclination into the field of accounting needs high level of analytical expertise in order to achieve success. Thus, I need to develop the areas of technical and soft skills such as communication, decision making abilities in order to excel my career in the future.
11PERSONAL INSIGHT Appendices Appendix 1: 16personalities test Appendix 2: SHAPES test
12PERSONAL INSIGHT Weaker AreasStronger Areas Very WeakWeakMinor Improvements OkGoodGreat Skillsx Habitsx Attitudex Preferencesx xExperience Strategiesx
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.