LCBS5028 Faculty of Business and Law Assignment Sample

PDP

Table 1: Personal Development Plan

(Source: Created by the Author)

The table given above represents the major and expected goals that may be essential for personal as well as professional development. The table reflects that it may be critical for me to boost my emotional intelligence through substantial interactions with others. As per the opinion of Ali and Mehreen (2022), a substantial increase in communication with the employees and observance may contribute to a substantial beneficial impact in boosting confidence and in attaining emotional intelligence. The study reflects that keeping a growth mindset and reflecting upon the situations through a positive perspective may be critical for the attainment of a growth curve. The Humanistic theory by Rogers may act as a motivational factor for self-actualization. It may therefore contribute to the achievement of a high degree of potential and success in business endeavours.

The humanistic theory emphasizes majorly on three elements that include self-image, self-worth, and ideal self. Hence, the theory may contribute to a substantial achievement of the unique potential of the individual. As per the opinion of Herman and Gabriel (2022), pursuing growth and an unconditional positive attitude may lead to greater congruence. Hence, I think it may be critical for my professional growth and may help me in growing my business. The SMART framework may be highly critical for the development of strategies for personal and professional development. As per the opinion of Jumelet et al. (2022), SMART goals contribute to the development of a positive mindset and contribute to sticking efficiently to the action plan. I feel that SMART goals may help me in visualizing my goals and in breaking down my major goals into smaller segments.

The SMART framework may be critical for growth and for refining the decision-making process that may have a critical influence on the performance of the business endeavours. As per the opinion of Lejeune et al. (2021), SMART goals may contribute to the exposure of personal weaknesses and may help in developing strategies for professional development. Thus, the personal development plan may be implemented for professional growth through the application of these theories and frameworks that may support professional growth and success in the competitive environment. The Personal development plan, therefore, is an effective method for the attainment of personal as well as professional goals within a specific period of time. Hence, The personal development plan may help me in achieving my target efficiently and in sharpening my technical knowledge and skills. Hence, working according to the personal development plan may help me in the attainment of my short-term as well as long-term goals.

Personal reflection

It needs to be noted that I have been introspective into the skills and weaknesses and this has enriched my understanding of where I need to improve as well as I have described an understanding of where I can overlook in terms of developing skills to attain career success. Further needs to mention that I understood that I have weak communication skills which are required in terms of enhancing sales for the organization in which I will participate. As per the understanding of Ali and Mehreen (2022 P. 346), it needs to note that various communication training centres are available that can help in enhancing the ways in which communication enhances the skills which can attend more and more customers and ensure better sales figures.

The strengths I have in terms of operation under the business is that I have proper knowledge of the business world that is growing competitive day by day. I also have a proper understanding that innovation and creativity are the only means through which I can stand out from the competition and ensure better sales figures. As per the views of Beausaert et al. (2022 P. 249), the access and development of technology also help in standing high in terms of maximizing sales and profitability of a firm in which I decide to participate. In terms of developing technical skills, learning various hardware and software can be fruitful. I also came to an understanding that the development of a proper “personal development plan” helps in segmenting the tasks and developing skills that need to be developed within a certain period in order to derive the best result.

I also need to learn some leadership skills in order to lead and manage a team. Proper time management is essential in terms of attaining competitive business. Proper leadership helps with leading the stakeholders to ensure the proper supply of resources so as to ensure that the production process continues in a proper manner. As commented by Herman and Gabriel (2022 P. 818), it further needs to mention that the development of leadership skills helps in ensuring business profitability by boosting sales in the long run. There are various forms of leadership styles which I need to learn as various leadership styles are effective depending on varied situations.

As per the views of Jumeletet al. (2022 P.404), proper communication helps in ensuring the issues faced by a firm in terms of its operation and also helps in maintaining harmonica relationships among the stakeholders. Therefore I think communication is the key skill necessary for the successful operation of a business. Therefore I must focus deliberately on developing my communication skills. I think that the technical knowledge that I owe will help me in driving sales figures and registering a highly profitable business. Furthermore, it needs mention that I have understood that theories like the “developmental theory of self-authorship” may help in developing skills for managing the operation of an organization and boosting its sales (Lejeune et al. 2021 P. 1086). I need to develop my professionalism and must ensure that the employees within a firm must operate to achieve a common goal.

Development of understanding about personal strengths and weaknesses is an important condition that helps to estimate future action necessary. In the opinion of Cripe and Burleigh (2022, p.223), leadership skill is an important condition that ultimately determines the success of an individual on the professional front. I have identified that I did not possess leadership skills that can ultimately help me in surviving the competition. I possess good knowledge about the changing direction of the market. I have good expertise in terms of application of software in relevant work. However, I lack communication skills. This is one crucial weakness of mine which I find as a factor that is influencing my growth in my work. I attended many virtual classes to improve my technical knowledge which helps me in improving my work capabilities. Since I study business, it is important to possess good quality knowledge about the changing orientation of the market.

One important element of advantage in marketing studies is it helps in gaining insights into the changing situation. Developmental Theory of Self-authorship reflects the collection and interpretation of necessary information from one’s own perspectives to evaluate personal strengths and weaknesses. I have identified that one important weakness of mine is my poor communication skill. I lack the eloquence that can help me in pursuing people to listen to my words or opinions. Evans (2022, p. 14) views that leadership skills as an important aspect that ultimately determines the future perspective of a work process. I think I need to work on my communication skills and participate in different group discussions. It helps me to improve my word selection and thus improve my overall speech. Interpretation and analysis of necessary information help in focusing on identifying weaknesses that I need to work on. I need to evaluate my leadership skills to make myself presentable in group activities and many more.

Leadership skills and communication skills are important elements to determine success of a person in the professional world. In the opinion of Jenell Lynn-Senter Wittmer et al. (2022, p.15), lack of leadership skills plays an impartial role in hampering the overall working process. I believe that I need to work on my communication skills by participating in more and more debates or other meetings. This may help me in understanding where I am lacking and thus improve in the identified attributes. This is an important aspect that can help in improving the overall personality as well.

Communication and leadership skills are two important traits of an individual that ultimately determines the performance rate of an individual. As elaborated by Rainey and Monaghan, (2022, p.34), the development of leadership skills helps in improving the overall job-related perspective. I am planning to work on my communication skills by participating in more and more market-related group discussions. Parking in group discussions where I can share my knowledge about the market can help in improving my confidence level as well. Ginning confidence is an important aspect in the improvement of the communication skill process (Santos et al. 2022, p.789). The process of self-reflection is about development of deep insight into the personal development process.

Based on the strengths and weaknesses as it has been mentioned above, it becomes necessary to follow a proper personal development plan. It has been observed in the literature that the personal development of an individual has been classified into seven essential dimensions of self-improvement and progress as well. These seven dimensions of personal development have included personal growth, personal skills, personal power, personal improvement, personal empowerment, personal analysis and personal objectives. In respect of personal assessment of my strengths and weaknesses, it has been observed that in order to excel myself within the contemporary business environment as one of the successful entrepreneurs, it becomes essential to increase my skills and develop my future connection as well. Developing personal objectives forms a crucial role in case of developing a personal development plan. The development of the objectives also assists in accomplishing future goals and ambitions as well.

Based on my aim for becoming a successful business entrepreneur, my objectives have included increasing collaboration with my fellow employees and team members, manifesting empathy towards them even during the moment of critical complication, increase my managerial and leadership skills so that in future scenarios I can become efficient at handling the conflict of interests and other organisational complications as well.

In addition, in order to establish myself as a successful business person it also becomes essential to develop my leadership skills further. As a part of developing leadership skills, it becomes essential for me to take various sports of responsibility within my current position, especially during group projects. On the other hand, in order to establish myself as an efficient business leader, my objective therefore also needs to include prominence and expertise over soft skills as well. As observed during the analysis of my strengths and weaknesses above, it has been observed that I manifest a certain lack of communication skills. Now, it has been observed in literature as clear communication with fellow employees or team members has been a crucial aspect of motivating employees (Kharouf et al. 2018, p.375). In addition, fulfilling the objective of enhancing my further communication skill would also help to increase the positive engagement of the team members towards the organisational goals. In addition, as per Sandroto, C.W. and Fransiska (2021, p.321) it is also to be noted that communication has also been essential for increasing clarity in work performance and work quality. Hence, it is to be noted that by enhancing my skills of communication I can be able to associate my fellow team members with the organisation’s skills and goals as well.

Another major objective that requires focus in further future includes the improvement of my emotional intelligence. As it has been observed emotional intelligence has been another major component for the development of reducing the stress of fellow workers, communicating with them during their hour of need and helping them in overcoming challenges as well (Luque-Reca et al. 2018, p.120). Through the assessment of personal strengths and weaknesses, I have realised that my objective needs to focus on further enhancement of associating with people during the moment of conflict and managing their emotions during hours of stress.

Action Plan

Table 1: Action Plan

(Source: Self-developed)

Analysis

Analysis of the Action Plan

In order to enhance my effectiveness as a business student it is necessary to develop multiple analytical skills. On the other hand, it is also important to develop problem-solving skills as a student reading business courses. In my opinion, it is worth mentioning that developing analytical skills helps students to establish solutions to multiple problems. Thus, a student like me can make any kind of concrete decision easily. In addition to this, developing an action plan can help in developing required solutions (Frommelt et al. 2019). It helps in the development of critical thinking ability as well. Apart from this, it helped me to manage necessary roles as a student pursuing a business-related course.

One of the major advantages provided by the development of problem-solving skills is building confidence. It helped me to take challenges by using fresh and new perspectives. Therefore, it helped me to understand the importance of calculated risk factors. It can develop a sense of consistency in humans. It helped me to develop both social awareness and situational awareness. This works in the favor of time management procedures for a student like me. As per my understanding, it can develop a better sense of patience. In addition to this context, this skill helped me to manage a proper relationship with others during the entire learning procedure. According to me, it can motivate creativity in the mindset of a human being (Wulandari et al. 2018). It acts as a key factor that helps a person achieve success in future.

Analysis of Personal Development Plan

The above Personal Development Plan table exhibits different aspects like major and expected goals, actions taken, success criteria, theory application as well as time. In terms of emotional intelligence as a major goal and boosting presentation skills as the expected goal, different actions have been taken such as recognizing the expectations, my feedback and communication with human resources. It has been incorporated into different frameworks containing one developed by emotional intelligence. Apart from these, different success criteria have been identified regarding the EQ as the major objectives are an acknowledgement of small success and accomplishment, challenging conditions, and taking liability for the feelings (Khoiriyah and Husamah,2018). Humanistic theory can be applied to these major objectives within eight months.

It can be identified that time management is another major objective based on the above PDP table. Leadership skills are the anticipated objective for the major goal. Different actions have also been taken for these major goals which are transformational leadership style, positive attitude and involvement in open communication. Apart from these, success criteria such as continuous learning and software update, critical decision-making as per the condition and monitoring and tracking routine. As humans, emotions are affected by the filters through which the world can be seen. Therefore, it may occur consciously, but more significantly through the “unconscious mind” to develop a personal development plan for the condition (Rahman, 2019). It results in the behaviors, emotional state and outcomes that people get. SMART framework for personal development theory is applicable for time management within five months of its initiation. s

The communication skills are one of the major leadership parameters required for the development as a leader. In case of professional aspects it helps in increasing transparency and balancing the work environment effectively (Cetindamar et al. 2022, p. 22). Communicating freely with the associates develop a trust and dependency on the leaders. In this regard, employees get motivation in conducting their responsibilities and structure the organisation gets better. Another important skill to become an influential leader is incorporation of the agility (Guerola-Navarro et al. 2019, p. 296). Maintaining the strategies to retain personal agility as well as focusing on the organisational values is the core aspects of a person to take into account.

Agility refers to adaptation of changes as per the requirements and failing to do so cannot allow a person along with the organisation to change and stay head with the market demands (Abdurrahman and Dewi, 2022, p. 756). Leadership skills include management capabilities, inclusion of the technical abilities, problem solving abilities and ready to move with the scenario alongside communication. Therefore, in order to become an inflectional leader and develop management qualities it is important to adhere to these parameters.

Reference list

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