Personal and Professional Development: A Comprehensive Rolex Report

This report examines personal and professional development within the context of Rolex, a leading wristwatch manufacturer. It explores various aspects of personal and professional growth, including identifying information sources on industry trends, assessing current and future development needs, and evaluating the benefits of development initiatives. The report delves into the process of creating personal and professional development plans, setting SMART objectives, and executing plans within budget constraints. It also highlights the advantages of utilizing professional bodies for development opportunities and the importance of receiving feedback from various sources. The report provides a comprehensive overview of how individuals and organizations can enhance their performance and achieve their goals through strategic personal and professional development practices.

MANAGE PERSONAL
AND PROFESSIONAL
DEVELOPMENT

Table of Contents
INTRODUCTION ..........................................................................................................................4
Task 1...............................................................................................................................................4
1.1 Different source of information on their trends and their validity........................................4
1.2 Identifying the trends and development................................................................................5
1.3 Evaluate own current and future development needs...........................................................5
Task 2...............................................................................................................................................6
2.1 Evaluate the benefits of personal and professional development.........................................6
2.2 Explain the basis on which development action are transmitted..........................................6
2.3 identifying the current and future likely skills, knowledge and experience.........................7
2.4 Personal and professional development with personal needs and objectives.......................7
2.5 Execute plan within the agreed budget.................................................................................8
2.6 Advantage of the development opportunities by professional bodies .................................8
Task 3...............................................................................................................................................9
3.1 How to set the SMART objective.........................................................................................9
3.2 Performance of range of valid sources..................................................................................9
3.3 Review progress toward personal and professional development......................................10
3.4 Personal and professional development with light on feedback received from other.........10
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12

INTRODUCTION
In this competitive world it is required by firm to manage themselves so that they can
compete with other people in effective way. Personal and professional development is that where
individual and company come together and learn many new things which help to face challenges
which help them to attain their desired goals in effective manner easily (Robertson, 2016).
Report is based on ROLEX, which is a leading company in manufacturing wrist watches. The
report will discuss about, requirement of personal and professional development, and prepare a
personal and professional development plan and apart from all such it is required to maintain the
relevance of the concept in proper manner.
Task 1
1.1 Different source of information on their trends and their validity.
It is examined that there are numerous work setting that are vital situations regarding the
new innovation that can help an individual in the process of developing their professional skills
and expertise (Trorey, 2017). Sources of information on professional development trends in their
own professional and such sources can include publications and other information from:
 Professional bodies
 Professional networks
 Trade associations
 Organisation employee development department
 Training organisation
 Internet
The two sources which is helping in bringing professional development.
Internet: Thus with this the personal and organisation can develop themselves in great
manner as because over here they can find many information to develop themselves in proper
manner. Although million of people taking classes over internet to learn many skills and
knowledge.
Seminars and conferences: Through this many people motivate themselves after
listening the stories of great leaders and learn from them their personality skill and how they

developed themselves in better manner thus getting them and inculcating their experience in
them makes them to perform better and increase their ability.
1.2 Identifying the trends and development.
Information on trends and development in their own profession, industry or the
organisation which could influence the need for professional development(McMillan, McConnell
and O’Sullivan, 2016). This may could include the changes in environment such are as follows:
 Systems or technology.
 Market changes
 Competition
 Legislation
The two trends which impact in bringing professional development.
Technology: In this competitive world the time is changing in great manner and thus it is
being making them to choose the best technology among the available technologies which is
helping the firm to attain their goal and objective in proper manner. Technology should be used
in right direction which brings effectiveness in the performance of the employees. Company
should use new technology to overcome the fear of competition in market.
Market changes: The time changes with good speed which bring changes in satisfaction
level of customers and such has to be met by companies. Thus with this the preferences and
demand of consumers changes accordingly and the level of standard has increased in better
manner and such has impacted to bring to gain personal and professional development which is
helping in to bring effectiveness in performance.
1.3 Evaluate own current and future development needs.
Assess your own execution, as this makes you mindful of what should be enhanced and
how to do as such. You can direct a SWOT examination as this recognizes both inside and outer
elements. Qualities and shortcomings are inside variables that influence advancement from
inside the association (Körkkö, Kyrö-Ämmälä and Turunen, 2016). For instance, the national
career service furnishes the people with data and the expectation of various parts with a scope of
different ventures. In addition to this, instructional classes are generally all around promoted
inside the working environment. As of now qualities has incorporated and having a capacity to
get new abilities rapidly whic arrange time effectively, organizing undertakings appointed inside

and having the capacity to impart well at workplace. If these aptitudes are considered then the
outcome will be in positive way.
Task 2
2.1 Evaluate the benefits of personal and professional development.
It is required by individual and professional people to evaluate that whether the personal
and professional development is providing any benefit to them (Hill and et. al., 2016). The
benefits can be in such a way as those are as follows:
Increment the aggregate information of your group: Urging workers to prepare in
related subjects and applications help them to work effectively, a proper course in a product
program which they utilize in every day. For instance, they can immediately affect efficiency.
Amplify maintenance technique: The specialists need to feel that they are having every
kind of effect and developing. Long lasting learning help the specialists to make new encounters
which keeps them occupied with their work and has the responsibility of completing task on
time.
Lift workers employment fulfilment: At the point when staff individuals can carry out
their occupations adequately, which makes more noteworthy occupation fulfilment and enhanced
worker handling criteria. They should seriously have offering them advancement openings.
2.2 Explain the basis on which development action are transmitted.
A training program has a superior shot of accomplishment when its preparation strategies
are chosen. A preparation technique is that strategy which a mentor uses to convey the substance
to students accomplish the goal. Proper training technique is most essential in preparing action
once the preparation substance are recognized (Cruess, Cruess and Steinert, 2016). The training
technique which is being chose ought for this as:
 Permit dynamic support of the learners.
 Give the learners a chance to have rehearsal when it is required.
 Help learners increment their eagerness to change.
 Furnish the learners with information of results about their endeavours to move forward.
 The learners to enhance their own execution.
Although these technique are those which can be used as base for the development of individual
and professional development in their criteria.

2.3 identifying the current and future likely skills, knowledge and experience.
Building up an skills gap examination regularly includes features the abilities and
learning required to finish an assignment and after that contrasting a man's present level with that
necessity.
Gather information: Make an abilities stock to list the aptitudes and learning to play out
every part in the organization. For instance, make a spreadsheet that run downs one segment and
the aptitudes and information in another. Watch individuals finishing the work to approve your
suppositions.
Recognize business objectives: To stay aggressive, private ventures regularly need to
keep up a talented work. Evaluating the basic abilities required by an association permits the
organization to guarantee present and future workers have the correct aptitudes to empower ideal
business execution (Macià and García, 2016). Set up a venture plan that run downs the present
business needs and key destinations of the association.
2.4 Personal and professional development with personal needs and objectives.
This is an opportunity to examine any issues and how to set up arrangements. The
meeting is recorded and a duplicate is given to the business administrator who signs/consents to
it.
Development Need How this will be
assessed With assistance from Completion date
Taking minutes Attending weekly
meetings to minute RS, HH On-going
Finance training Designated days for
undertaking training RS, EB, JB Training to be start from
Dec 31 2017
First aid training In-house continuous
training RS, SW On-going
Attendance and
administration training
Support from the line
mar and team of
RS, EF, AB On-going

administrator
All such the capacities and working criteria is being used to complete the task in any
manner they can. Although individual and organisation as whole receiving new knowledge and
skill which is helping them to grow further in right prospect.
2.5 Execute plan within the agreed budget.
An extensive variety of techniques were used to have achievement of the first
improvement. While trying to guarantee the accomplishment of expert aptitudes in
administration, understudy openings assumed a basic part separated from the preparation
programs. Certain models of operations has turned out to be instrumental in surveying the
advance made in the accomplishment of the underlying improvement arranges. The SWOT
investigation assumed a vital part (Dias and Cadime, 2016). By breaking down the shortcomings
and qualities, more endeavours are made on the preparation projects to help in enhancing the
ranges of shortcoming.
Although executing everything within the budget help the company to work in within the
time scale in proper manner and this it is also helping in attaining the goal and objective of firm.
2.6 Advantage of the development opportunities by professional bodies
Organisations with individuals from different social foundations and with various mental
points of view on issues offered a stage for learning and seeing how some of these individual
aptitudes can be achieved, and furthermore how they can be utilized as a part of the expert field.
The capacity to get thoughts from individuals of different statuses in associations and clients at
various levels, the technique of persistent practice and examination discussions has assumed a
critical part in improving my shot of getting the opportunity to take in more perplexing matters
on managing individual.
Thus it is required to use the advantage of development criteria which will help the
individual and company to gain advantage of market area.
Task 3
3.1 How to set the SMART objective.
SMART is the acronym used to ensure objectives and goal set utilizing a self-awareness
plan are sensible. This guarantees targets are straightforward and simple to reach. Normally, it

remains for particular, quantifiable, achievable, practical and time-related, however, varieties
incorporate, key, assignable, goal-oriented, applicable, sensible, time/cost constrained and time-
based (Kennedy, 2016). The requirements have distinguished on arrangement are all sensible as
they identify with administrator part and association.
A particular explanation behind these objectives is to guarantee persistently creating
professionally, as well as scholastically and actually too. These necessities will be tended to
through the span of program, and accordingly there are no particular dates for when they are to
be finished/accomplished. All such are achievable as people of company will work with the full
capacities.
3.2 Performance of range of valid sources.
Therefore receiving feedback from various sources help firm to improve the working
criteria in proper manner and such are as follows:
Clients: Clients can be the most essential source of input. Organizations ought to request
input from clients about individual, group, gathering and administration execution.
Target information: KPIs and constant information ought to all be utilized to give target
feedback to a worker. These can be the most target source of feedback, however can likewise be
deceiving.
Peers: Associates performing comparative employments can have a superior
comprehension of their companions execution than administrators and upper administration.
They can likewise give an alternate point of view to the input procedure. They should
comprehend the contrasts between the three primary sorts of criticism:
 Valuable criticism – Data particular, issue-engaged and in light of perceptions. There are
four sorts of helpful input:
 Negative input – Restorative remarks about past conduct. Concentrates on conduct that
wasn't effective and shouldn't be rehashed.
3.3 Review progress toward personal and professional development.
When execution administration is specified, individuals think about the worker execution
evaluation or audit. Execution administration, nonetheless, includes quite a lot more.
Legitimately built evaluations ought to speak to an outline of a continuous, year-round exchange.
Concentrating just on a yearly evaluation shape prompts to misconception and under energy
about the advantages of execution administration:

 Adjusting individual representatives everyday activities with vital business goals.
 Giving perceptibility and illuminating responsibility identified with execution desires.
 Reporting singular execution to bolster pay and profession arranging choices.
3.4 Personal and professional development with light on feedback received from other.
In view of the criticism given to fund preparing, keep on using the best of capacities to do
back errands, and in addition request help and direction when essential from the fund chairmen
and my line supervisor (Dorozhkin, Zaitseva and Tatarskikh, 2016). It will keep on following the
school's strategies when putting requests and handling solicitations; these are expressed in the
approaches "Budgetary Procedures" and "Monetary Regulations" which are both accessible on
the staff share.
Although this the thing which can be done in right time. Feedback received from other
help them to get what things are there which requires hard work to improve.
CONCLUSION
From the above report, it has come out that personal and professional development is
required for competing in this world. Professional development is a remarkably accurate
barometer of a school's educational health. It also has a profoundly positive effect upon the
amorphous beast we call "staff morale". The above report has included like identifying the
personal and professional development which also helped in developing the plan to execute such
in effective manner. The main thing is too maintain development for longer period with
relevance to personal and professional development.

REFERENCES
Books and Journals
Cruess, R. L., Cruess, S. R. and Steinert, Y., 2016. Amending Miller’s pyramid to include
professional identity formation. Academic Medicine. 91(2). pp.180-185.
Dias, P. C. and Cadime, I., 2016. Effects of personal and professional factors on teachers’
attitudes towards inclusion in preschool. European Journal of Special Needs Education.
31(1). pp.111-123.
Dorozhkin, E. M., Zaitseva, E. V. and Tatarskikh, B. Y., 2016. Impact of Student Government
Bodies on Students' Professional Development. IEJME-Mathematics Education. 11 (7).
pp.2666-2677.
Hill, K. and et. al., 2016. Using the repertory grid technique to examine trainee clinical
psychologists' construal of their personal and professional development. Clinical
psychology & psychotherapy. 23(5). pp.425-437.
Kennedy, M. M., 2016. How does professional development improve teaching?. Review of
Educational Research. 86(4). pp.945-980.
Körkkö, M., Kyrö-Ämmälä, O. and Turunen, T., 2016. Professional development through
reflection in teacher education. Teaching and Teacher Education. 55. pp.198-206.
Macià, M. and García, I., 2016. Informal online communities and networks as a source of teacher
professional development: A review. Teaching and Teacher Education. 55. pp.291-307.
McMillan, D. J., McConnell, B. and O’Sullivan, H., 2016. Continuing professional
development–why bother? Perceptions and motivations of teachers in Ireland.
Professional development in education. 42(1). pp.150-167.
Robertson, J., 2016. Coaching leadership: Building educational leadership capacity through
partnership. New Zealand Council for Educational Research. PO Box 3237, Wellington
6140 New Zealand.
Trorey, G., 2017. Professional development and institutional needs. Taylor & Francis.
Online:
The difference between personal and professional development. [Online]. Available through
<http://brayleinolearning.co.uk/blog/2014/october/09/what-is-the-difference-between-
personal-and-professional-development/>.