CPD1102 Professional Development and Ethics Assignment 2022

Running head: Management
CPD1102/PROFESSIONAL DEVELOPMENT AND ETHICS
By (Student's Name)
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Management 2
Introduction
Professional development and competency development remain and important aspects of
management that increase the performance in the volatile business situation. The acquiring of
management skill especially interpersonal skills forms core competence in the contemporary
business setting. The current business setting requires managers that are innovative and are
capable of adapting to the changes in the business industry. My skills and competency in
management require the development of better managerial skills that will improve personably
and competitiveness in the market. With more focus on international human resource and
organizational management, the development of intercultural skills is important for business
growth. The following paper is a personal professional development plan with a focus on the
business management profession.
Section1: Self-introduction
My professional background is based on business management and I have postgraduate
qualifications that enable me to understand the management dynamics. I have a management
professional with an interest in human resource management that will enable me to work with
various people within the organization. The development of skills in human resources will enable
me to form part of an organizational problem-solving team that resolves various issues within an
organization. To ensure professional growth, I am still learning management to improve my
competence and understanding of various professional experiences.
Section 2: Megatrend and challenges
There are different types of changes and trends that are currently happening within the
management profession. Firstly, digital transformation is a key field in the management that

Management 3
increasingly attracts the attention of many people within the management. Digital transformation
especially data management and usage is an area that has increasingly been the focus of many
(Griffin & Ebert 2010). Many companies especially the new entrants will focus on data-driven
innovation as the key competitive advantage in the market. Social media and analytics is another
digital transformation area that will shape the management of tomorrow. Secondly, competition
is also on the increasing trend with business devising ways to compete in the market. This has
left many businesses closing down due to intensive competition in the management. Thirdly,
changes in organizational governance are another trend with a lack of governance becoming the
new frontier in business management (Wilson 2011). Many managers in the current business
environment want to remain independent hence reduced governance presence in the
organization. Fourthly, the size of the investment is expected to increase as both the government
and organizations are investing in mega projects. This has also given rise to project management
as a field with high attention. Lastly, climatic and environment focus is another area that is also
trending in management. Many sustainable systems are being integrated into management to
help improve the business environment. Besides, the climatic change that is experienced in the
business today poses a threat to future business and management will have to come up with
strategies to cope up with change (Hill & Jones 2012).
Some challenges are also increasingly becoming a threat to management in the current
business environment. Firstly, scarcity of resources is another area that is affecting much
management as the future managers will have to spend most of the time pooling together
resources. Secondly, the overcrowded planet is expected to pose a challenge to business
management as the population keeps on increasing on the posing risk. Thirdly, insecurity is
another challenge that is also affecting the management profession. Many security risks ranging

Management 4
from terrorism to digital insecurity. Data security is one of the most important insecurity issues
that are affecting many businesses as hacking behavior is becoming a business (Ladkin 2011).
Section 3: Goals
I see myself as an innovative manager that is contributing to the social and economic
development of society. Firstly, innovation is my focus as this will form the main focus of my
management profession. I will explore my creativity and critical thinking to ensure that is
innovating and produce the best management practice. Secondly, giving back to society through
sustainable management and corporate social responsibility will be a critical aspect of my
business management profession. Thirdly, the capital building will also be my focus as I seek to
contribute to the development and economic growth. I will endeavor to build on capital through
investing and managing investments.
Many expectations are placed on my management career by both the business community
and the society in general. Firstly I am expected to bring new changes that will ensure that the
needs of the future business are satisfied. Secondly, society also expects me to lead a sustainable
management practice that will help reduce the impact of business on society. Thirdly, I am
expected to build a business strategy that will see wealth accumulation and improved economic
growth (Yukl 2010).
The employer and clients also have goals that were expected to deliver in the
management. Firstly, the employer expected me to facilitate business growth through effective
management and pooling of wealth. Secondly, clients expect me to handle their interest with the
best service delivery. Customer service delivery that meets the need and wants of the business