Personal and Professional Development: Business Administration Report

This report on personal and professional development in business administration delves into the crucial aspects of individual growth within a professional context. It begins with an introduction to the subject, emphasizing the significance of continuous development for career success. The report covers a range of topics, including comparing sources of information, identifying trends influencing development needs, and evaluating personal and professional requirements. It explores the benefits of personal and professional development, explains the basis for selecting development actions, and highlights the importance of skills gap analysis. Furthermore, the report details the creation and execution of a personal and professional development plan, including budget and timeframe considerations, and emphasizes the value of professional networks. It then explains how to set SMART objectives and obtain feedback from various sources. Finally, the report discusses reviewing progress toward objectives and amending the development plan based on feedback, concluding with a comprehensive overview of the subject matter and a list of references.

Business Administration 2
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Table of Contents
Introduction............................................................................................................................3
Task 1.........................................................................................................................................4
1.1 Compare sources of information on professional development trends and their validity 4
1.3 Evaluate their current and future personal and professional development needs relating
to the role, the team, and the organization..............................................................................5
Task 2.........................................................................................................................................6
2.1 Evaluate the benefits of personal and professional development.....................................6
2.2 Explain the basis on which types of development actions are selected...........................7
2.3 Identify current and future likely skills, knowledge and experience, needs using skills
gap analysis............................................................................................................................7
2.4 Agree a personal and professional development plan that is consistent with business
needs and own objectives.......................................................................................................8
2.5 Execute the plan within the agreed budget and timescale................................................8
2.6 Take advantage of development opportunities made available by professional networks
or professional bodies.............................................................................................................9
Task 3.......................................................................................................................................10
3.1 Explain how to set specific, measurable, achievable, realistic and time-bound
(SMART) objectives............................................................................................................10
3.2 Obtain feedback on performance from a range of valid sources....................................10
3.3 Review progress toward personal and professional objectives......................................11
3.4 Amend the personal and professional development plan in the light of feedback
received from others.............................................................................................................11
Conclusion............................................................................................................................12
Reference list........................................................................................................................13
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Introduction
Personal and professional development is an essential part of every individual to make
a successful career. This study aims to illustrate the benefits of personal growth and selection
of appropriate techniques for improving desire aptitude. It also evaluates the importance of
SWOT analysis gives a brief description of the SMART objective.
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Task 1
1.1 Compare sources of information on professional development trends and their
validity
Sources of information for personal development require gathering knowledge related
to their profession. As opined by Darling-Hammond (2015), it is analyzed, many
organizations which are a crucial situation in innovation can assist an individual for
developing their skills and make them expertise in the specific field. On the other hand, as
mentioned by Schifferes et al. (2014), some other sources mentioned are
 Training organization – Website portal, videos
 Versatile learning – Good educator
 Trading organization- Development department of an organization
 Professional individuals- Professional references and reliable network with them
Figure 1: Sources of information on professional development
(Source: Darling-Hammond 2015)
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videoWebsiteportalProfessionalreferencesreliablenetwDevelopmentdepartmentofanorgGoodeducatorTrainingorganizationProfessionalindividuaTradingorganizationVersatilelearning

1.2 Identify trends and developments that influence the need for professional
development
It is difficult for employees of any organization for building up their individual
quality to enhance new skills and information recognizing their role including the ability to
perform their jobs which need more skills. As opined by Kroll and Dussias (2017), for
influencing the personal development it is essential to understand the changes of certain
aptitude, these are -
 Current market segment
 Laws and legislation
 Process and system of working
 Technology
 Competition
1.3 Evaluate their current and future personal and professional development needs
relating to the role, the team, and the organization
Information which is accumulated from relevant sources should be used to increase
the knowledge of a person. Skills and experiences which are gathered should be related to the
field the person belongs. My information resources of recent and future requirements include
a job description, management skills, business planning, and objective of the team and
organization considering the performance assessment. The evaluation of information consists
of the knowledge, skills, and experiences which may satisfy the future requirements of an
organization.
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Task 2
2.1 Evaluate the benefits of personal and professional development
Numerous benefits are associated with the personal and professional development
plan. Efficient employee development makes the employees capable, confident and smart
towards their work. As stated by Bolden (2016), apparently it helps to increase the
productivity of the organization. Personal development skills also have some benefits, these
areas-
Signifies the employee's development and commitment which reduce the turnover of
employees
 Endorse a culture to enhance the image and morale of the organization
 Assist employees to achieve their desired goal by gaining the required skills
 Motivating the employees to make them more dedicate and responsible towards their
work.
 Making a progression which will be less demanding
Figure 2: Benefits of personal and professional development
(Source: Bolden 2016)
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EndorseacultuAssistemployeMotivatingtheempMakingaprogres

2.2 Explain the basis on which types of development actions are selected
The efficient development process is needed to be identified as this will contribute to
achieving the goal of an individual. As opined by Wang et al. (2014), a competent coach is
essential for selecting proper training process. However, the training techniques must be
chosen depending on the establishment of the learner's accomplishment-
 Increase willingness of learners
 Give adequate time to the leaner for revising and rehearsing the skills which they have
learned
 Provide information of result to the learners or their attempts
 The authorization of dynamic support for the learners
The development of an individual includes different methods, these are-
 Reading
 Lectures
 Computer-based training
 Mentoring
 Team building exercise
2.3 Identify current and future likely skills, knowledge and experience, needs using
skills gap analysis
Gap analysis is essential for every study to evaluate the limitation of the study. This
will helps to rectify the mistakes and gap for future review.
 Identify the objective of organizational business- Analysing the primary
capabilities and needed by the organization helps the workers to stay positive towards
the work and maintain the right attitude (Lin and Gerber 2014).
 Gathering information- Sometimes due to the negligence in information collection
can be a cause of extreme loss for the organization. So it needs to keep all the
information related to the organization for further assistance.
 Decrypt information and making suggestions- are also essential for making
collaboration with the moving process f company for increasing business.
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2.4 Agree a personal and professional development plan that is consistent with business
needs and own objectives
Development required Assessment process Timeframe
Financial training Taking training from a
financial advisor
Starts from 5th December
2018
Administration training Taking support from
administrating a team
Perusing
Technological training Taking help from the
technical advisor and
watching online videos
Perusing
First aid training In-house practicing Perusing
Taking minutes Attending weekly meeting Perusing
Table 1: Professional development plan
(Source: Lin and Gerber 2014)
2.5 Execute the plan within the agreed budget and timescale
Various kinds of effective techniques can be implemented to achieve the personal and
professional development. It is necessary to apply adequate skills related to administration
and demonstrates the objective of the organization. As opined by Macià and García (2016),
SWOT analysis is an essential part of developing the required skills. Organizational
shortcoming can be reduced by breaking down the short time investment and enhancing the
quality of the learners and work process. Positive and expert advice and techniques improve
individual ability.
Development required Assessment process Timeframe Budget
Financial training Taking training from
a financial advisor
Starts from 5th
December 2018
$150
Administration
training
Taking support from
administrating a team
Perusing $125
Technological
training
Taking help from the
technical advisor and
Perusing $150
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watching online
videos
First aid training In-house practicing Perusing $90
2.6 Take advantage of development opportunities made available by professional
networks or professional bodies
The ability to get many views from different sources and clients at various levels
helps to accumulate the full range of knowledge. Most of the cases, organizational hierarchy
invites speakers to deliver some motivation and technical speech which will be beneficial for
the organization as well the employees. As opined by Sundstrom et al. (2016), sometimes
they are providing some excellent opportunities to ask questions which help the learner get
the advance knowledge on their specific field. On the other hand, the professional hierarchy
meets with each other and provides excellent opportunities for enhancing their business.
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Task 3
3.1 Explain how to set specific, measurable, achievable, realistic and time-bound
(SMART) objectives
Specific  Clear about the objective
 Transparency about the goal
Measurable  A process to achieve the goal
 How will the success be measured?
Achievable  Possibility to measure the objective
 Requirements to make the specific
objective attainable
Realistic  Considering the appropriateness
 Priorities of the goal
 Worth of the process and objective
time-bound  When will require goal be
achieved?
Table 2: SMART objective
(Source: Cottrell 2015)
3.2 Obtain feedback on performance from a range of valid sources
 Clients – are an indispensable source of getting inputs and which helps to analyze the
further requirements which needed to be implemented in future.
 Group leaders and supervisors- known the efficiency of individual team member an
essential part of giving feedback so that learners can able rectify their mistakes and
improve their skills.
Different type of feedback helps to assess the weakness and strength of the learners.
 Valuable criticism- perception towards of the objective, data specific
 Negative inputs – helps to rectify the process and give the conformity not to rehearse
in future as it is not useful.
 Positive inputs- considering the record and make the process mark as effective
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3.3 Review progress toward personal and professional objectives
When the objective of the administration has been fixed he the execution of the
worker is taking into consideration. As mentioned by Cottrell (2015), the successful
implementation of administration helps to make the administration for assessing and
measuring the profitability of the organization, such as-
 Producing documentation
 Applying laws and legislation
 Providing a representative to analyze the efficiency of every individual
 Build up a department of experts who will help to develop the skills of the learners
and provide the guideline for enhancing the bossiness of the organization.
Figure 3: progress toward personal and professional objectives
(Source: Cottrell 2015)
3.4 Amend the personal and professional development plan in the light of feedback
received from others
Criticism and feedbacks help to build up a robust moral strength which will help to
gather required skills and knowledge. It also helps to identify the weaknesses of a learner
which assist him/her to analyze the right way to achieve desired skills and goal. Proper
implementation of strategies is also can be furnished. Positive and negative bit feedback is
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necessary to make keep maintain a positive attitude and self-confidence. The amended
personal development plan can be depicted as follow:
Development required Assessment process Timeframe
Interactive Communicational
Training
Join communication training
class
Interact with people and
understand the level of
importance
5/4/19
Management Training In collaboration with
management teams or
supervisors of businesses
10/7/19
Technological Training Understand the growth of
technology and work
accordingly
10/7/19
Conclusion
This study concludes the personal and professional development of learners helps the
organization to achieve their target. It also demonstrated the effectiveness of a different kind
of feedback and criticism on the employees’ mindset. This study describes the opportunities
of learners as well the professionals for enhancing their skills and organizational business.
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