Personal & Professional Growth in Business

The assignment emphasizes the significance of personal growth within a business context to effectively utilize resources and achieve objectives. It delves into strategies such as SWOT analysis to identify areas requiring development and highlights the link between personal growth and organizational success. Additionally, it discusses various techniques used in personal development programs for professionals.

MANAGING PERSONAL
AND PROFESSIONAL
DEVELOPMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Compare sources of information on professional development trends...........................1
1.2 Assess trends and development that influences need for professional development.......2
1.3 Evaluate own current and future personal and professional development needs.............2
TASK 2............................................................................................................................................2
2.1 Benefits of professional development..............................................................................2
2.2 Explain the basis on which types of development action are selected.............................3
2.3 Identify future and current likely skills, knowledge and experience needs.....................3
2.4 Agree a personal and professional plan............................................................................3
2.5 Execute the plan within the agreed budget and time scales.............................................4
2.6 Take advantage of development opportunities made available by professional networks4
TASK 3............................................................................................................................................4
3.1 SMART objectives...........................................................................................................4
3.2 Obtain feedback on performance from a range of valid sources......................................5
3.3 Review progress towards personal and professional objectives.......................................5
3.4 Personal and professional development plan in the light of feedback received from others 6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Professional development is the process of gaining of knowledge and skills for personal
development and career growth. It consists various kind of learning opportunities, meetings and
informal learning techniques related with different functional area. This report is about the
several approaches to self managed learning of an individual (The difference between personal
and professional development, 2014). It will also focus on various skills required to achieve
organizational goals and objectives in effective manner. There are numerous methods and
approaches for personal and professional development. It includes ways like coaching,
consultation, mentoring, technical assistance and supervision. Individuals can take admission in
such development programs for the purpose of lifelong learning in order to improve and maintain
professional abilities.
TASK 1
1.1 Compare sources of information on professional development trends
Professional development is very important concept for performing job role in efficient
manner. It is related to the goal setting for learning, identifying the purpose of learning and
different ways to achieve those goals. Self-managed learning is an important opportunities to
people for making their own strategy in learning process. To cope up with the current
professional and personal environment it is important to rely of self-managed learning
approaches.
The different sources of information are given below:
Conferences and seminars –Individuals can gain various learning through the
experience they gain from seminars and conferences as these provide the opportunity to present
their won knowledge to others and also getting from others. It helps in gaining the confidence in
public speaking and presentation skills (Katuu, 2015).
Internet- This is another source of vast knowledge now days. Individuals can access the
different subjects and articles on internet and increase their knowledge. Then they can easily
transfer the acquire knowledge to their work places.
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1.2 Assess trends and development that influences need for professional development
It is important for all employees in any organization to build up their knowledge and
individual qualities all through their occupation. It is essential to effectively seek after
advancement openings, as this guarantees a more fruitful profession.
There are numerous abilities required with a specific end goal to be an effective overseer.
It is fundamental to have the capacity to speak with an extensive variety of individuals,
particularly when working in corporate sector. Communication should be consistent, yet
proficient, and in addition ensuring any directions and solicitations are get and well thoroughly
considered (Albion and et. al., 2015). Also, exercises and courses that occur outside the
associations permit the open door for systems administration with different associations and
businesses. Systems administration is helpful as it means it is less demanding to get some
answers concerning more profession open doors.
1.3 Evaluate own current and future personal and professional development needs
We have already discussed my strengths i.e. my skills and competencies and also my
weaknesses and now its turn to discuss on the opportunities available. A management student has
huge demand in the market. I am good in marketing and human resource management. So there
is huge opportunity of joining reputed organizations in public and private sector. There will be a
great opportunity to implement my theoretical knowledge in the practical world. Working under
experienced leaders teaches us so many things. I will be able to learn time management,
leadership and team player skills. Organizations where we work also provide opportunities to
develop the employees and make them ready for future challenges. I will try to acquire as much
skills and possible to get fit into any field and to be useful for the organization.
TASK 2
2.1 Benefits of professional development
There as several benefits of a professional development plan. Through effective
employee development, employees become more capable, competent, and confident in
themselves and their work. Some of advantages are as follows-
 Demonstrates a commitment to employees and to their individual development leading to
reduced employee turnover as employee see personal growth opportunities with company
(Ramazani and Jergeas, 2015).
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 Fosters a culture that encourages, supports, and invests in the development of their
employees enhancing the company image and increasing morale amongst employees.
2.2 Explain the basis on which types of development action are selected
A training program has a superior shot of accomplishment when its preparation strategies
are deliberately chosen (Coventry, Maslin‐Prothero and Smith, 2015). Selecting proper training
technique is the most essential activity. There are many training techniques, however not these
are similarly reasonable for all points and in all circumstances. Some point are to be considered
while selecting a training strategy: the learning objective, the substance, the students, and the
useful prerequisites.
Permit dynamic support of the learners.
Help the person exchange taking in encounters from preparing to the occupation
circumstance.
Furnish the learners with information of results about their endeavours to move forward.
Give the learners a chance to rehearse and to rehash when required.
Spur the person to enhance their own execution.
Help individual increment their eagerness to change.
2.3 Identify future and current likely skills, knowledge and experience needs
We have already discussed my strengths i.e. my skills and competencies and also my
weaknesses and now its turn to discuss on the opportunities available. A management student has
huge demand in the market. I am good in marketing and human resource management. So there
is huge opportunity of joining reputed organizations in public and private sector. There will be a
great opportunity to implement my theoretical knowledge in the practical world. Working under
experienced leaders teaches us so many things. I will be able to learn time management,
leadership and team player skills. Organizations where we work also provide opportunities to
develop the employees and make them ready for future challenges. I will try to acquire as much
skills and possible to get fit into any field and to be useful for the organization.
2.4 Agree a personal and professional plan
Personal development plan means planning done by any individual like student that what
is his aim in his life and what are the objectives which he has to fulfil after following all
strategies/ planning made by him (Frich and et. al., 2015).
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2.5 Execute the plan within the agreed budget and time scales
An extensive variety of techniques were fused to guarantee the achievement of the first
improvement arrange. While trying to guarantee the accomplishment of expert aptitudes in
administration, understudy openings assumed a basic part separated from the preparation
programs. Through the assistants, I understood my ranges of shortcoming and qualities that
affected my expert mission. The projects offered me the stage for improving my abilities in
different administration positions. The SWOT investigation assumed a vital part. By breaking
down the shortcomings and qualities, more endeavours are made on the preparation projects to
help in enhancing the ranges of shortcoming. The accessible open doors likewise altogether
helped in the improvement of the conceivable components to adequately accomplish the required
advancement arranges. Positive open doors gave stages to enhancing individual and expert
abilities.
2.6 Take advantage of development opportunities made available by professional networks
Organisations with individuals from different social foundations and with various mental
points of view on issues offered a stage for learning and seeing how some of these individual
aptitudes can be achieved, and furthermore how they can be utilized as a part of the expert field.
Having learnt all from the preparation and trained practice and through the examination
gatherings, the improvement arranges I have set up few steps towards helping me in achieving
my objective. The objectives of upgrading relational abilities can be found in the reactions of the
general population that I continually speak with, either through the use of innovation in email
and online networking; verbal or non-verbal correspondence methods.
TASK 3
3.1 SMART objectives
SMART is the acronym used to ensures objectives and targets set utilizing a self-
awareness plan are sensible (Liebowitz and Frank, 2016). This guarantees targets are
straightforward and simple to reach. Normally, it remains for particular, quantifiable, achievable,
practical and time-related, however, varieties incorporate, key, assignable, goal-oriented,
applicable, sensible, time/cost constrained and time-based. The requirements I have
distinguished on my arrangement are all sensible as they identify with my administrator part and
my association (Dent, 2017). A particular explanation behind these objectives is to guarantee I
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am persistently creating professionally, as well as scholastically and actually too. As I am right
now preparing, these necessities will be tended to through the span of my program, and
accordingly there are no particular dates for when they are to be finished. Also, it is hard to
quantify these sorts of targets, be that as it may I will attempt to request verbal criticism from my
line chief in wording how well I am advancing with each and how I could enhance if
fundamental. This input will tell me whether my requirements have been met, and what to do in
the event that they haven't. My objectives are all achievable because of my preparation program.
3.2 Obtain feedback on performance from a range of valid sources
There are 5 primary sources of input in organizations which are discussed below:
 Clients – It is the most essential source of input. Organizations ought to request input
from clients about individual, group, gathering and administration execution.
 Target information - Factual measures, KPIs and constant information ought to all be
utilized to give target feedback to a worker (Klingner, Nalbandian and Llorens, 2015).
These can be the most target source of feedback, however can likewise be deceiving.
 Chiefs, supervisors and group pioneers - They are experienced and have particular
learning of the assignments their subordinates are performing. Hence, they likely have an
exhaustive comprehension of the representatives execution. Pioneers are an essential part
of the feedback procedure and ought to get sufficient preparing to obtain important data
for the input procedure.
3.3 Review progress towards personal and professional objectives
When execution administration is specified, individuals think about the worker execution
evaluation or audit (Megginson and Whitaker, 2017). Execution administration, nonetheless,
includes quite a lot more. Legitimately built evaluations ought to speak to an outline of a
continuous, year-round exchange. A successful execution administration prepares empowers
administrators to assess and measure singular execution and streamline profitability by:
 Adjusting individual representatives everyday activities with vital business goals
 Giving perceptibility and illuminating responsibility identified with execution desires
 Reporting singular execution to bolster pay and profession arranging choices
 Building up centre for expertise advancement and learning movement decisions
 Making documentation for lawful purposes, to bolster choices and decrease question.
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3.4 Personal and professional development plan in the light of feedback received from others
I will keep on following the school`s strategies when putting requests and handling
solicitations; these are expressed in the approaches "Budgetary Procedures" and "Monetary
Regulations" which are both accessible on the staff share (Campbell, Jardine and McGlynn,
2016). With respect to my advancement arrange and in light of my survey from my line director,
my emergency treatment preparing is on-going, and I will keep on adhering to the pertinent
approaches; "Organization of Medicine" and "Emergency treatment". I am positive about
regulating and controlling pharmaceutical to understudies, and reporting the right information in
the reasonable document in accordance with school methodology.
CONCLUSION
From the above report this has been summarised that in order to achieve the goals and
objectives of business it is required that personal growth is done as this way the resources of firm
are better utilised. For same there are different techniques like swot analysis as it provides
knowledge about the areas in which need development.
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REFERENCES
Books and Journals
Campbell, J. D., Jardine, A. K. and McGlynn, J. eds., 2016. Asset management excellence:
optimizing equipment life-cycle decisions. CRC Press.
Megginson, D. and Whitaker, V., 2017. Continuing professional development. Kogan Page
Publishers.
Klingner, D., Nalbandian, J. and Llorens, J. J., 2015. Public personnel management. Routledge.
Liebowitz, J. and Frank, M. eds., 2016. Knowledge management and e-learning. CRC press.
Frich, J. C. and et. al., 2015. Leadership development programs for physicians: a systematic
review. Journal of general internal medicine. 30(5). pp.656-674.
Coventry, T. H., Maslin‐Prothero, S. E. and Smith, G., 2015. Organizational impact of nurse
supply and workload on nurses continuing professional development opportunities: an
integrative review. Journal of advanced nursing. 71(12). pp.2715-2727.
Ramazani, J. and Jergeas, G., 2015. Project managers and the journey from good to great: The
benefits of investment in project management training and education. International
Journal of Project Management. 33(1). pp.41-52.
Katuu, S., 2015. The development of archives and records management education and training in
Africa–challenges and opportunities. Archives and Manuscripts. 43(2). pp.96-119.
Albion, P. R., and et. al., 2015. Teachers’ professional development for ICT integration:
Towards a reciprocal relationship between research and practice. Education and
Information Technologies. 20(4). pp.655-673.
Dent, S., 2017. Introduction. In Collaboration, Communities and Competition. pp.93-106.
SensePublishers, Rotterdam.
Online
The difference between personal and professional development.2014. [Online]. Available
through:<https://brayleinolearning.co.uk/blog/2014/october/09/what-is-the-difference-
between-personal-and-professional-development/>.
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