This presentation discusses the importance of personal and professional development in improving skills, knowledge, and capabilities to achieve business objectives. It covers topics such as self-assessment, training and development, and attending seminars and workshops. The presentation also includes case studies and references for further reading.
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Professional Development and Practice (PDP)
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INTRODUCTION Personal and professional development is a process which assist to individual in improving their skill, knowledge, ability, capability and strength through which they can attain the business objective in excellent manner. With assistance of this mentioned aspect, organisation and individual can engages in the process of learning to meet the challenges and desire goal.
REFLECTION β’Being a student of the MSc course I have taken the participation in the program of final independent research project. I have attempted course program for 18 months under which various extra curricular activities has been organised fir completing the final independent research project.In the future I want to become successful business practitioner that is why I have selected this MSc management course. With help of this course program I will gain the ability, skill and knowledge about business practices, strategies, tactics and management.
Conti.. Gibbs Reflective cycle is the best method to describe my reflection in more systematic manner. In this reflective cycle, there are six stage such as description, feeling, action plan, conclusion, evaluation, analysis etc. With help of this model, I can effectively describe and define my experience in the MSc course program. Following are systematic my learning experience of this MSc course program- β’Description- β’Feeling β’Evaluation β’Conclusion β’Action
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Gibbs Reflective cycle β’Description- This is first stage which defines that why and where the situation has occurred and who was involved in this situation. What did the person do, what did other people do and what was the result of this situation. As per this stage of the Gibbs Reflective cycle ,Being a student of the MSc course I have taken the participation in the program of final independent research project. β’Feeling- This is another very effective stage under the reflective cycle which defines what did I feel before this situation took place, what did I feel which situation took place, what did you feel after the situation, what do you think about the situation now etc. While this course program was started I was so nervous because that time I was just graduate student who enter into the MSc course program.
Conti.. β’Evaluation- In this stage of the Gibbs' Reflective Cycle, situation and experience can evaluate in positive and negative manner. This stage provides the positive and negative reflection about the situation. Being a student of the MSc course I have attended the MSC course program where I have learnt several skills, knowledge, ability, and idea about the business. β’Conclusion- From the course program of MSc I have learnt several skills, knowledge, ability, and idea about the business. As I have prepared the project on four topics such as operation management and strategic excellence, LBO presentation and coursework, strategy course work, management report.
Conti.. β’Action- From the above discussion I have analysed that I have various advantages and drawbacks from my experience of MSc course program. In order to overcome the weakness or draw back I have to work on in the future. In order to improve my personality and professionalism I will attend training and development program in the future by which I can improve my technical skill.
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PROFESSIONAL DEVELOPMENT PORTFOLIO β’As it has discussed that in the MSc course program, I have prepared four report on the different topic such as operation management and strategic excellence, LBO presentation and coursework, strategy course work, management report. In different project report different concepts and theories has been discussed.
Buisness Strategy β’Business environment consist with internal and external components of environment such as political, economical, social, cultural, technological etc. These all factors of business environment can influence to the business in large manner. In order to survive and sustain within the business environment effectively, corporation have to conduct the analysis of environment and assess the impact of each component upon the business corporation.
Management β’Another report on the Management has been undertaken in the MSc course program which aid to the student in gaining knowledge and understanding about the importance of proper management within the business context. In this report, various kinds of theories and concept of management has been discussed which assist to the business practitioner for carry out their business activities and function in more effective manner. This management report is concerned about finding the performance of the government owned companies after privatisation. With assistance of this report, the interference of government into the business and management has been clearly discussed in this report.
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Operational management and strategic Execellence This project is totally based on human resource development. The report has demonstrated the methods or techniques adopted by marks and Spencer in order to motivate employees. The project has explained the way motivational factor have great impact on employees' performance and ability to work in dynamic environment. It highlights the tools that can be used by individual in order to encourage them to support positive change at workplace. The various strategies have been provided by report that will assist business unit in increasing their sales and profitability. The comparison between two business structure have been made in order support firm in identifying effective structure that will support business unit in achieving success and fostering growth. The various method that has been used by Marks and Spencer are Empowerment, proper participation, effective leadership, financial or non financial incentives, etc. The business entity believes in providing various career or job opportunities to their employees in order to encouraging them for increasing their contribution in achieving enterprise goals.
Conti. The another style that has been suggested to Steve is autocratic leadership styles as this style is significant leader centred styles. This style will help leader in making effective as well as suitable decisions. It will also provide Steve an opportunity to identify effective as well as innovative solution to various business problems. The features of innovative as well as effective organisational structure has been highlighted by project which will aid management in identifying the area of improvement. Some form of business structure are functional, geographical divisions, team, product based divisions etc. The designing of structure in very important in order to ensure smooth flow of information at workplace. Appropriate organisational structure will allow enterprise in minimising the negative effect of various external forces on its business operations and effective communication will enable firm in reducing the cost of production. It will also allow business unit to make effective as well as efficient utilisation of resources. Structure also provide business entity an opportunity to attract more number of customers and investors. It helps manager in developing and maintaining healthy and safe working environment of employees. Structure also provide firm a chance to identify effective ways for achieving their goals and objectives. Hence it has been identified from the report that operational management is also important part of business activities without which the company can not achieve its purpose. Operational activities have great impact on sales and profit..
LBO presentation and coursework In operational management, concept and meaning of operational management has been defined in context of Zumbar coffee and tea house. Operational management is referred to as the procedures of planning, organising, directing and controlling operational activities in order to achieve business goals and objectives. It has been clear from the report that operational management is the significant part of management procedure. It is the important aspect of various business activities. This is the essential source through which organisation generates revenue and earn profit. Operational management techniques help firm in reducing cost of production and minimising waste. It has been identified from the report that operational management is highly advantageous for business unit management and assist organisation in achieving their goals and objectives. It also enabled enterprise in gaining effective response from market. The study has assisted individual in recognising the importance of structure and establishing business objectives.
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This activity will also aid management in managing operation activities in effective as well as systematic manner. Analysis technique will allow firm to identify current marketing situation and Panning suitable tactics that will help business entity in achieving desired outcome. It is important for marketing manager to identifying the needs and demand of customers as this activity will help employees in maintaining balance between demand and supply. Hence minimising wastage of resources, reducing operational cost and increasing profit margins. It also provides enterprise a chance to offer or deliver goods and services at reasonable price to customers. Operational management provide organisation an opportunity to maintain their performance and achieve success. The areas or field that are to be improved by Zumbar coffee and tea house are highlighted in the report.
Supply chain management is another important aspect of management that support firm in obtaining various products and services that are required for providing satisfaction to customers. Effective Supply chain management aid business entity in increase their level of production and improving quality of goods as well as services. It is required by organisation to emphasizes on developing wide range of products as this will enable them to reduce the negative effect of various environmental forces on business operations. Zumbar coffee and tea house is able to gain high popularity and recognition in market as it served variety of products and services. It has been identified that outsourcing is effective method that can be used to fulfil the need of organisation. In sourcing is another techniques in which enterprise used its own resources in order to complete specific task.
CONCLUSION β’From this entire discussion it has been analysed that personal and professional development of individual is very important by which they can attain the business objective in excellent manner. It has been concluded that self assessment, self practices, training and development, attend seminar, workshop, conference etc can assist to the individual in improving their existing knowledge, skill, ability and capability by which individual can become successful business practitioner in the future.
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References β’Hopkinson, C., 2014. Personal and professional development. Becoming a Nurse: A Textbook for Professional Practice. pp.383. β’Calderhead, J., 2012. The contribution of research on teachers' thinking to the professional development of teachers. Research on teacher thinking: understanding professional development. London. pp.11-18. β’Zepeda, S.J., 2012. Professional development: What works. Eye on education. β’Buxton, E.C., Burns, E.C. and De Muth, J.E., 2012. Professional development webinars for pharmacists. American journal of pharmaceutical education. 76(8 ). p.155. β’StβJean, E., 2012. Mentoring as professional development for novice entrepreneurs: maximizing the learning1. International Journal of Training and Development. 16(3 ). pp.200-216.