...Career Management Guide In the current career environment, individuals with alternatives obtain more challenging and growth-oriented opportunities. Individuals with alternatives need not accept consequences, rather they create opportunities for themselves. Career Management Guide Section 1 Paaggee 11 SECTION 1: CAREERS TODAY Part 1 - The Environment, Career Issues and Trends The Importance of Education and Experience In the current economic environment, education is becoming increasingly critical to career success. While employment rose for Canadians with university and college educations, 651,000 fewer jobs existed for those people without high school qualifications. Unemployment rates in the U.S. exceed 10% for those with less than a high school diploma and approximately 2.5% for college graduates.1 When professional designations (i.e., accounting, engineering) are taken into account, the data on employability and income is skewed in favour of the professional, relative to those who possess only a post secondary educational background. However, in order to maintain a competitive edge, individuals must continue to invest in their development throughout their careers. Specifically, with respect to the future for business and accounting positions, “growth due to the increasing number and complexity of business operations will be offset somewhat by corporate restructuring and downsizing of management, resulting in average growth for executive, administrative and managerial...
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...+8801727343088, E-mail: sunbeams.uttara@gmail.com and the Junior section in Dhanmondi: House No. 51A, Road No. 16 Dhanmondi, Dhaka-1205, Bangladesh. Tel: +88028116311, +88028124484 School Motto At Sunbeams, aim to inculate the following qualities in their students. 1. Knowledge, Skills and Learning 2. Leadership and Initiative 3. Faith and Patriotism 4. Integrity and Honesty 5. Humility and Tolerance 6. Confidence and Self Reliance 7. Commitment The seven beams of the sun in their logo represent these objectives. Vision and Mission of Sunbeams Sunbeams exist to provide the best possible teaching and learning experiences for every individual. The curriculum is designed to prepare students for the General Certificate of Secondary Education, University of London, and for all requirements of higher education while enabling them to learn and excel in areas of individual interest. The school accepts students from a wide range of economic and cultural backgrounds. Candidates for admission are selected on the...
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...also a big benefactor of managing time more efficient and properly. Stress can be reduced and can improve work efficiency of everyday tasks. Learning how to manage time can be very hard for an un-organized individual but with detailed planning and step by step instructions anyone can learn to be more efficient with their time. By using the correct tools and methods to assist with time management, the process can become much smoother and easier to understand and execute. Time is money this is why the common person goes to work every day to make a living. Every person knows this and it’s a valuable item to understand why and what for. According to Mancini (2003), every minute we waste in frustration over something that seems overwhelming is a minute taken away from the time we have made to enjoy our everyday life. Most people waste time because they don’t know how to manage their time properly. By managing time properly, it can reduce stress and lower many of the daily worries. Time management can stop the worrying and meeting the deadline predicament that people are constantly overwhelmed with on a constant basis. Having control of time translates to having control of many aspects of one’s life. Another incentive of outstanding time management is it can provide enhanced production as a worker and as a student. Juggling back and forth from task to task can be far too difficult at times and this can reduce productivity to a student and worker alike. Maintaining a reasonable...
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...LEADERSHIP Leading a team or a group is a real skill that takes time, thought and dedication. Leadership is the most studied aspect of business and organization because it is the one over aching topic that makes the difference between success and failure. At times, it may seem overwhelming complex, but by focusing on some fundamentals you will find that you can lead your team with confidence and skill. Leadership and management are two distinctive and complementary systems of action. Each has its own function and characteristics activities. Both are necessary for success in an increasingly complex and volatile business environment. Strong leadership with weak management is no better, and is sometimes actually worse, than the reverse. The real challenge is to combine strong leadership and strong management and use each to balance the other. Both leadership and management skills are needed for success. At times, “leadership” will need to manage task and projects, and “managers” will need to influence and inspire people. Managers are not confined to management and leaders are not restricted to leadership the critical issue is about getting the right balance for the job you do. Management is generally seen to involve overseeing day to day operations, accomplishing goals and achieving tasks, while leadership spans a wider remit that includes influencing and inspiring others, generating ideas and defining a strategy and vision. GROUP DYNAMICS The term “group dynamics” describe...
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...“disconnects [that] occur in part due to differing view of why one was promoted and other were not.” (Service 2008). This article also proffered a revised formula consisting of 30 factors that, though not dispositive when taken individually, with a totality of the factors, can determine why someone is and is not hired. This article and its authors, also present the idea that the 30 factors, moderates, and other dependent variables can be used in conjunction with the HRM Model in order to produce the best work environment and promoting structure possible. Some of the 30 factors presented by this article are: hygiene factors, mindsets, past job performance, having an influential mentor or sponsor, etc., that are considered independent variables (IV) that are essential to a promotion. In addition to the 30 independent variables, they are moderated by things such as industry, timing, level of position, and location-culture-internal and external. When a manager or person in charge of considering a promotion, by applying the “promotions as a function of formula” principles, both the person being considered and the one considering can put themselves in a better position and understanding of the ability to be promoted by understanding these concepts. In addition, this author believes that the author of the article made an important note that there is no such thing as a magic bullet, or quick fix to being promoted or promoting an individual. Promotion takes understanding of the totality...
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... Abstract Today’s entrepreneurs can learn how to profit and be social responsibility by studying the leading entrepreneurs of the past. In this paper we will learn Jack Welch and Dirk Mueller-Remus leadership style, and major business principles for a profit-oriented entrepreneurial approach in which the primary goal is to provide a product or service to consumers and to make a profit. Also their major business principles for a social-responsibility oriented entrepreneurial approach in which the primary is goal to make a positive impact on society (people, families, ecology, or similar) while providing a product or service to consumers and to make a profit. This paper will also show what three resources or tools available through the Small Business Administration and SCORE would be the most useful. Analyze and describe the founding leader(s), leadership style, and major business principles of a profit-oriented entrepreneurial approach in which the primary goal is to provide a product or service to consumers and to make a profit. The founding profit oriented leader is Jack Welch. He had a successful strategic plan with an aggressive approach to we maximize the opportunity. He will confidently say that the bottom line for most if not all entrepreneurs are to take care of their bottom line – income. Being able to make a residual income from your business makes it that much more enticing to stay...
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...working for other than their paychecks. Organizations should have open discussions, get people involved, and allow them to share their views on how to achieve company goals. The management side will give their own perspectives on how to fulfill the organization’s mission. This display of two-way open communication will eventually break down the hurdle in hierarchical or bureaucratic organizations. Communication promotes trust in day-to-day interactions between co-workers, as well as between employees and supervisors. Employees becomes more united with the organization’s mission in their mind there is mutual respect among all employees, regardless of their official statuses. There has to be some sort of balance between work and personal life. (Schermerhorn 2012) Reports states that “Fewer Americans are satisfied with all aspects of employment, and no age or income group is immune. In fact the youngest cohort of employees express the highest level of dissatisfaction ever recorded by the survey for that age group.” In general, having that sense of balance will improve job satisfaction among employees because they will feel that they’re not overlooking the other areas of their lives that are, if not more, important to them than work. When employees fulfill their various needs and goals in life, such family, friends, spiritual, self-growth, etc., they can then feel more confident...
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...say that a conflict has developed, the usual impression is that there is something frightening. This notion prevails despite the fact that people know there is no organization which is altogether free from conflicts. Even non-profit and service organizations such as educational institutions and hospitals are not devoid of conflicts. Which is inevitably is recognized by an individual only when individual is faced with a conflict situation. In all other cases, one refers to it as bad and avoidable and regards it as a failure of parties in conflict. But productively engaging in conflict is always valuable. Most people are willing and interested in resolving their conflicts; they just need the appropriate skill set and opportunities in which to practice this skill set. Without a conflict skill set, people want to avoid conflict, hoping it will go away or not wanting to make a “big deal out of nothing.” Research and personal experiences show us that, when we avoid conflict, the conflict actually escalates and our thoughts and feelings become more negative. Through conflict self-awareness we can more effectively manage our conflicts and therefore our professional and personal relationships. Furthermore, by...
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...The past several years has brought upon what many would consider a soured economy. Job outlook is scarce and many businesses have had to engage in hefty layoffs and even close their doors. This is problematic because there are many more individuals looking for jobs and far less companies hiring. With so many people applying for fewer positions, employers have a great opportunity to select the best candidate for their position. The question, then, is how does one stand out and be recognized by a potential employer rather than simply getting lost in the mix? Many people turn to furthering their education by obtaining a Master of Business Administration (MBA) to give them an advantage over their peers. Although a person is furthering their education and refining their skills, the decision of obtaining an MBA is met with opposing views. One of the most debated aspects of an MBA program is its ability to set a person up for financial success. Many wonder if the benefits of the degree are worth investing in if it may limit options and create debt. In an article from CBS Money Watch, author Trunk (2011) comments that the amount of time one invests in getting an MBA could be applied to on-the-job experience instead. The author argues that experience will equip them as equally as investing that time in education only without having student loans. On-the-job experience is important, but continuing education and refining communication skills will help to broaden a student’s...
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...05/06/2016 BSBWOR501 Manage Personal Work Priorities and Professional Development | | Short Answer Questions Question 1 - Build downtime into your schedule. When you plan your week, make it a point to schedule time with your family and friends, and activities that help you recharge. - Get moving. It's hard to make time for exercise when you have a jam-packed schedule, but it may ultimately help you get more done by boosting your energy level and ability to concentrate. - Remember that a little relaxation goes a long way. Don't assume that you need to make big changes to bring more balance to your life. Brooks recommends setting realistic goals, like leaving the office earlier 1 night per week. Question 2 - Organize & Prioritize Create a daily schedule and follow it. Identify the top three or four critical projects that need to be completed. Ensure your task list is manageable, adds value, and benefits your firm. - Stop Multitasking Guilty as charged! In the past I’ve been a master multitasker, or so I thought. I could answer a phone call, respond to an email, and dabble on a project simultaneously. I was satisfied that I could work on several projects at once. In reality, the quality of my work was compromised. Multitasking lowers IQ, lowers EQ (emotional intelligence), slows you down, increases stress levels, and causes mistakes. Master unitasking instead. - Avoid Distractions Did you know that focus is a fundamental quality of productive people...
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...and contribute your thoughts. * Express your positive attitude towards providing the solution. | Xcez said: (Wed, Dec 3, 2014 04:06:18 PM) | | | | Management takes a dual process of both art and science, when PLANNING, he/she need some statistical data to enhance him/her project in to the future, procuring data has to do with science. When COORDINATING his/her work force (employees) , he/she needs that human relation skills, to be able to achieve the planned goals and objectives, and this has to do with art. Conducting a feasibility study or market research need science technique and the ability to implement and sustained this result, the management needs art techniques. | Rate this: +0 -0 | Nagaraju said: (Sat, Nov 22, 2014 10:55:57 PM) | | | | I think management has elements of both art and science. It may not be proper to term it as pure science or pure art. In fact, it is a science as well as an art because science and art are both complementary to each other. As cossa has said, "science requires art, art requires science, each being complementary to each other". It may be concluded that there is no hard and fast line between art and science of management. The former(science) will have to solve problems and establish principles which might be applied with benefit to the latter(art). The present ratio is about 90% art and 10% science. Though a very great deal of developments are presently increasing that proportion which can properly be called...
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...domain, offering non-proprietorial best practice guidance on project management. PRINCE2 is a registered trademark of OGC. The key features of PRINCE2 are: • Its focus on business justification • A defined organisation structure for the project management team • Its product-based planning approach • Its emphasis on dividing the project into manageable and controllable stages • Its flexibility to be applied at a level appropriate to the project. PRINCE was established in 1989 by CCTA (the Central Computer and Telecommunications Agency), since renamed the OGC (the Office of Government Commerce). PRINCE was originally based on PROMPT, a project management method created by Simpact Systems Ltd in 1975. PROMPT was adopted by CCTA in 1979 as the standard to be used for all Government information system projects. When PRINCE was launched in 1989, it effectively superseded PROMPT within Government projects. PRINCE remains in the public domain and copyright is retained by the Crown. PRINCE is a registered trademark of OGC. PRINCE2 was published in 1996, having been contributed to by a consortium of some 150 European organisations. There are two PRINCE2 qualification levels: PRINCE2 Foundation and PRINCE2 Practitioner. PRINCE2 Foundation level is for those with a requirement to learn the basics and terminology of PRINCE2. PRINCE2 Practitioner is the highest level qualification and is suitable for those with the need to manage projects within a PRINCE2 environment...
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...THE UNOFFICIAL GUIDE TO BANKING What career options are available? Are the myths about the hours or salary really true? And how do you get a foot in the door? This straightforward, no-nonsense guide has info on most divisions and roles plus tips on getting hired. What’s more, it’s all been written with the help of recent graduates working at Deutsche Bank who were in your shoes not that long ago. Your career in banking starts here. OVERVIEW OF BANKING Banks are large, complex organizations, but what do they do exactly? 01 There are four broad categories of banking: Put simply, they provide services for those who want to borrow, lend and invest. Their clients range from individuals and institutions, all the way up to the governments and central banks of entire countries. Retail Banking – dealing directly with small businesses and individuals Banks must be ready to act on changes in the market triggered by anything from movements in the political climate, the financial climate or even the weather. So it’s vital that you’re able to adapt to change, whatever your role or the area you work in. Commercial or Corporate Banking – offering banking facilities to medium-to-large businesses Private Banking – a one-to-one service for rich individuals Investment Banking – generally related to helping clients raise capital, often by investing in the financial markets. Banking offers a vast range of career options. We’ve grouped them...
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...Generational Differences Chart Traditionalists Baby Boomers Generation X Millennials Birth Years 1900-1945 1946-1964 1965-1980 Current Age Famous People # 63-86 Bob Dole, Elizabeth Taylor 44-62 Bill Clinton, Meryl Streep 28-43 Barak Obama, Jennifer Lopez (1977-1994) 1981-2000 8-27 Ashton Kutcher, Serena Williams 51 Million Gen X, Xers, The Doer, Post Boomers, 13th Generation Civil Rights, Vietnam War, Sexual Revolution, Cold War/Russia, Space Travel Highest divorce rate and 2nd marriages in history. Watergate, Energy Crisis, Dual Income families and single parents, First Generation of Latchkey Kids, Y2K, Energy Crisis, Activism, Corp. Downsizing, End of Cold War, Mom’s work, Increase divorce rate. Experienced hard times while growing up which were followed by times of prosperity. Influencers 80 Million “Me” Generation, Moral Authority Raised by parents that just survived the Great Depression. Other Names Veterans, Silent, Moral Authority, Radio Babies, The Forgotten Generation WWII, Korean War, Great Depression, New Deal, Rise on Corporations, Space Age, Post War Babies who grew up to be radicals of the 70’s and yuppies of the 80’s. “The American Dream” was promised to them as children and they pursue it. As a result they are seen as being greedy, materialistic and ambitious. Their perceptions are shaped by growing up having to take care of themselves early and watching...
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...Online education vs traditional education is the same education, except one you are sitting in a classroom and the other you are doing work from your computer. I have learned a lot from doing online classes. In high school, I didn't learn as much as I am learning now. I believe the long-term results and the value of completing a degree in higher education is standard. A higher education can successfully help you improve as an individual. As an adult, there are a lot of rules and regulations of having an higher education and making more money as well. Having a higher education can be move money that you can make such as, having a high school diploma you will have a job pay no more than $10.00 an hour. With an associate degree or higher you will make between $14 to $25 an hour. For my personal plan for my academic and career future, is to give all the potential I have. There is going to be some challenges ahead, but what if you don’t take the risk; you aren’t ready for any future challenges ahead. Completing a degree in a higher education will help you academically and professionally. Academically, you will find yourself becoming more educated than ever. Professionally, you can see yourself having more financial offers as for employers willing to hire you. If you have enough knowledge, you would know when going on a job interview you should have a resume` present. The three reflections that I really enjoyed throughout the nine weeks of this course are: critical thinking, goal...
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