Professional Development and Ethics

Professional Development and Ethics
Contents
Self Introduction..........................................................................................................................................2
Mega trend and Analyzes............................................................................................................................2
Macro elements affecting business organization.....................................................................................3
Goals...........................................................................................................................................................6
Ethics and Professional Values....................................................................................................................7
Competency Assessment.............................................................................................................................8
Improvements............................................................................................................................................10
Strengths and Weaknesses.........................................................................................................................11
Strengths................................................................................................................................................11
Weaknesses...........................................................................................................................................12
Bibliography..............................................................................................................................................13
Appendix...................................................................................................................................................15
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Professional Development and Ethics
Self Introduction
 Basic : My name is Kate. I am thinking to make a better position for myself as a leader of
my team. I will make it easy for my subordinates to follow the Leadership and
development plan.
 Educational Background: I have done masters in business management. I have done
graduation in business administration. I have also studied subjects of taxation, business
management, business planning, These are helpful in case of business management plan.
 The next 5 years: As I am working with the last semester of the college. In the upcoming
5 years, I am thinking to join a company of Mr. Karl. I can see myself at the top level of
leadership. I will manage leadership and development plan for business industry. After 5
years, everyone can see me as important personality of y organization.
 Desired Role: The industry may have a great market position in market. I am thinking to
join on my desired position i.e. leadership level of business. I have such patience,
capabilities that must be there in performing the leadership task. I can easily motivate
people for taking new risks and accepting new opportunities. I also have qualities of great
communication sense and ethics. I have enough confidence on my side that I can handle
tasks of management.
 Experience: I have three years experience as a team leader in John’s Company. I started
there as a normal worker and becomes team leader in second year. Now I am applying for
the new job with this experience level.
Mega trend and Analyzes
Business activities: The business I am going to join faces some issues. These issues are required
to analysis for getting solution in business. These issues may be internal or external to the
business. It requires to handle issue of external environment and internal environment. These
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Professional Development and Ethics
factors make it difficult for business to have growth (Chaffney & Ellis-Chadwick, 2012, pp. 16-
18). The persons responsible for these issues are the one who are managing the business. I have
analyzed situation of current business environment. The factors that affect my business are
described and explained in the following paragraphs.
Some challenges are there which can be a problem in success of our business. One of these
challenges are, consumer power. Nowadays, consumers have great power to buy products at low
price. They force the organizations to sell the products of good quality at low rate. It helps them
to access good quality product at profit. The power of suppliers also affects my cloth business.
Suppliers forces to sell their products at high rates. It results in affecting my cloth business. I also
have to face situation of competitive environment. There are many persons in similar business. It
affects the level of company reputation. New entry to new markets also has to go through some
problems. The existing firms decides to not to enter new firms into business. All these sources
are internal challenges of organization. At least we don’t have the factor that we have not tried
our best to enter into market (Jeffs, 2008, pp. 69-72). The issues only cover internal factors,
external factors are described in the following discussion.
Macro elements affecting business organization
There are some factors that affect business organization. These elements need to be addresses.
PESTDN statement also includes some factors that are also art of PESTDN analysis. The
analysis has definition of Political, Economic, social, technological, Demographic and Natural.
Political factor There are some political
factors that affect business
organizations. Government of
a country may change policies
at any time. These policies
may be in favor of a specific
organization or in against of it.
Government policies are
In our business, the problem I
am following is that
government has changed
policy of dealing with some
countries. It affects the
business.
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Professional Development and Ethics
fluctuating. This factor affects
the business at higher level
(Armstrong, 2012, pp. 45-49).
The factors also include tax
payment to government.
Economic Factor It affects the organization at
monetary level and makes
effect of log term. If price of
company get affected or
inflation arises, the factor may
affect the organization at high
level. It affects purchase
power of buyers and make it
difficult to buy products from
them. The factor also affects
FDI of business organization.
The business where I am
going to join as a leader also
get affected by terms of total
amount of money people have
for buying products of our
business.
Social Factors It affects the social market of
organization. It includes
changing trends of social
environment (Kroon, 2013,
pp. 213-214). It includes
change in taste and preference
of people having old products.
The factors that becomes out
of trend may be greater effect
for change
Consumer taste and
preferences changes after
some time, If affects business
organization, Changes in
consumer age or income is the
reason behind this factor.
Demographic factors A country’s demographic
factors are also a great factor
affecting the organization.
Government has changed rule
of tax payment. It create the
situation of paying taxes like
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