Unit 02 Manage Personal and Professional Development
Added on -2020-11-23
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[Type here] Manage Personal and Professional Development
[Type here] Areas covered: Unit 02 Manage Personal and Professional Development Please answer all the questions: AC1.1: Comparison of sources of in-formation on professional development trends and their validity Number of ways that are crucial can be analysed regarding innovation and new products. Effectiveness of business and its direction are looked as a part of work setting. Firm activities are managed by developed skills efficiently. Being the manager of Tesco, I am an expert in the technological field and have learned many innovative ideas (Sukriket, 2018). I am quite keen and enthusiastic to impart changes in working and professional style of this firm. In order to maintain professional and personal development, effective learning is one of the best process. Various advancements are taking place which are directly affecting working style of professionals. Additionally, these so sources are as described below: 1.Professional bodies: It is a kind of non-profit organization which prefer its interest publicly or in a particular profession. It maintains a legitimate practice of the occupation. For academic disciplines these bodies act as learned societies (Betts, Kapushion and Carey, 2016). Their validity goes with the legal requirement which gain primary formal entry to professional practice with licence. Individuals are provided training with special sessions and have idea of preparing and conveying things properly. They usually prescribe compulsory code of conduct and a discretionary for their members. These bodies practice political power on behalf of their membership. Some professional bodies are British Council, Association of Corporate Treasures etc. 2.Professional Networks: It helps in providing social network to individuals and put major emphasize on relationship and interaction of business nature which also includes non- businessand personal interactions (Axelrod, Naso and Rosenberg, 2018). It is mainly used to maintain professional contacts. Through this, all networks are maintained properly so that they can be in easily touch with their contacts. They help in promoting professional network services and relieve individuals from stress. It has various types of services like integrating media plan, allowing access to all and online usage of professional networks. For example Society for New Communications Research
[Type here] (SNCR) choose correct medium and deliver message to the targeted group properly. 3.Trade Associations: It is type of business, sector association and is also known as industry trade group that formulates specified industry. It is basically focussed on collaboration between the organizations and participates in public activities like education, political donations, advertising and publishing (Blanton and Kegley, 2016). In case of any conflict all issuesoflegalassessmentarecoveredunderCompetitionAct1998.CMA8allows references for investigation or assessment to approach legal powers for trade associations. 4.Organisation employee development: This department works as providing information of employeestoorganisation.Individual'swell-developedtraininghelpinpersonaland professional development. Employees should be taught to own their career development. One-size fits learning program and highly structures sessions should be conducted. They should know to control and self-direct their future (Bjerke and Renger,2017). Learning options should be flexible in nature. They should be highly involved in learning activities and ready to access with people. More creativity and thought process is required to train a segment of workers. 5.Training organisation: It provides training to key personnels in order to achieve goals of organization. 6.Internet:Itisaglobalsourceofspreadinginformationandcommunicatingwith professionals. AC 1.2: Identify developments and trends that affect the need for professional development. Marketing trends of professionals are not supposed to keep on priority by administration rules and regulations. Internet and technology are moving faster. For example Twitter, Facebook, LinkedIn are part of daily life of public relations. Increasing use of electronic devices and their progress has affected professional development. Connection through online solutions has opened up the environment and internet speed has facilitated its development. Due to high speed of internet avenues can be developed professionally (Bolden, 2016). Live streaming demonstrations and high quality videos are able to present and visualize more work in depth. Smoother experience and learning can be made possible through quicker speed of computers. Another factor that has influence Tesco is Market Competition. It occurs when individuals and multiple businesses involve in competing of selling goods and services in marketplace. It can be imperfect or perfect competition. Perfect competitionoccurswhennumberofbusinessorbusinessespossessnopower.Its competitors are indistinguishable to consumers and all services and goods are offered to
[Type here] competitors by sellers. But competition is necessary for successful economy of any country. Here seller goes with price cutting on products andcustomers select cheaper product products. Large number of initiatives taken by government are implemented and causes confusion with this development. Many trends have taken over in marketing industry like direct mail, social media, QR codes,SEOintensifiesneedrequirementofprofessionaldevelopment.Inschool professionaldevelopmentisfundamentalwithextensivevarietyofindividuals. Correspondenceshouldbeproficient,yetagreeableandsolicitationsarethoroughly considered. Law affects professional intelligence. For successful legal business expert guidance is necessary (Burton and Lawrence, 2017). Governments regarding businesses are classified into four categories like international trade, bureaucratic, taxes, employee relation. Up and down in taxes impart positive or negative effect on professional development. It is mainly based on amount of money earned by business. Competition is helpful regarding management of overall working of individuals. Market changes are adopted by Tesco to manage profitability. From competitors to innovations all are covered in market changes and fresh information on customers, market and potential customers can benefit organisation. Information can be acquired through local trade associations, authorities, commercial publishers of market reports and government statistics. Customer relationship should be taken into advantage to increase develop professional development. Existing customers may expand and there could be new arrival of customers which can be considered as useful commodity. Professionals have to be careful and attend them properly so that they may repeat their visit and increase business. New entrantsof competitors can create difficulty to existing firms. Thus, ideas have to be selected to innovate business and understand competitors (David, 2016). Diversifying of business is also included in professional development when demands of products and services shrink and experts advise and technical skills are already available. Niche market could be underserved by alternative strategy. Many strategies can help in increasing sales of products. Allneedsofcustomersshouldbepotentiallyfulfilledbyprofessionalsandproper communication should be maintained between them to gain profit (Getz and Page, 2016). Rise in price can help in increase in profit margin but it may further slow down sales as customers prefer low price products. AC 2.1: Evaluate the advantages of professional and personal development.
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