The Advantages Of Personal Management Skills

The Advantages Of Personal Management SkillsIt is passing important to manage ourselves in post to be a better person and achieve our goals in life. Nobody is always perfect, e rattling wizard has some strengths and some weakness, but we all in all should advert for opportunities to convert our weakness into strength. This portfolio contains ever soy thing about me, starting from scratch till the present and also about the future. While doing this portfolio I came across galore(postnominal) new aptitudes about myself, I went finished many forethought test, EQ test, verbal as wellhead as numerical test etc. condemnation Reflection exercise attached in adjunct- page 1 Refer to appendix- page 1PERSONEL ASPIRATION REVIEWBACKGROUNDMy name is Karan Seth, 20 yrs of age. I am hard departing and sincer. My school principal, where I studied for 9 years also believes that. Refer to appendix- page 2 and believe in myself. I develop never travelled anyplace without my pargonnts un till one day my father deicided that I will be studying in London after my o levels in India.WHY DID YOU CHOOSE TO exact FOR A DEGREEI have been studying in Delhi Public School and had english as the medium of encyclopaedism since my childhood. In India the education form a bit divers(prenominal) from here in UK. The student have to decide if they inclination to go for the science or the commerece stream in their el chargeth standards and only those students who get more than a 70% overall along with honourable marks in science in class 10th are allowed to opt for sicence in 11th. I was hard worker and insufficiencyed to become a engineer in future. I got 70% aggreate marks and I got 75 in science in paricular Refer to appendix page 3, which helped in to opt for science in class 11th. Science was not as pretty as it looked. I did not realize that my apptitude was not the theories and models, instead my interest was in hunch overing the c oncepts and appling in real life. Wh en I did not dress well, the principle gave me an natural selection of choosing commerece, if I promised to work actually hard and live up to the expectations as I will be doing two years of education in one year. I put in all my efforts worked day and night. Finally at the end the result said it all. I got 70% almost same marks as the students studying the same consort for two years in class 12th. Refer to appendix- page 4 And 75 in business studies in particular and 64 in Economics.Therefore, getting into a Bachelors of business administration academic degree was because my admit interst. My father being my inspiration, I decided to do something which the world should be proud of. This degree will provide me with all the skills and knowledge I need in arrangement to become a Marketing/Finance manager. The degree is fast tracked, scotch and well managed.HOW DOES THIS FIT IN YOUR LIFE CAREER PLANSThe bachelors in business administration is basically the first step in the la dder to my goal in life. In order to become a manager in Finance/Marketing I had to go through this degree programm.REVIEWING OPTIONS FOR THE FUTUREFor the future the beside step in the ladder is doing Masters in business administration from London chore School. Persuing masters in LBS is a big deal as it requires a capital of 42,000 Refere appendix- page 5and 2-3 years of working let to get into a good university.PLANNING AHEADIn future I want to go for either Masters in business administration or do Msc in Finance. But before doing any of these courses I have to have a two years of job experince after my bachelors. So, I will apply for graduates jobs in London after my degree and gain the experience in my relevant field.SWOT ANALYSIS ON MYSELFSTRENGTHCan do attitudeoutgoingDeterminationCommon sense WEAKNESSTeamworkPresentations opportunityI can change my weakness to my strength by this degree. Practice makes a man perfect- I will make sure that I work in teams and perform grou p presentations in class. THREATS Not scoring a good mark/degree in the present courseCompetition in the market future industryPolitical issue regarding visa FinancePERSONEL SKILLS REVIEWTo be skilled is to be able to perform a learned activity well and at will(Cotrell S. 2003) RITE MORE MANAGEMENT MODEL According to the solicitude gurus including Henny Fayol , Peter Drucker, Fredrik Taylor, Marry P. Follet, Charles Hndy etc. have a certain things in common that is skills required at workplace. The key skills required at a modern workplace are Planning, time management skills, communication skills, decision qualification skills, IT skills MANAGEMENT SKILLS BY FAYOLWHAT MANAGEMENT SKILLS DO U HAVE In order to find out more about my management skills, I went through discordant managerial test in order to find out my skills.Leadership skills-The test gave out 18 attributes of leadership, which were organised into four main dimensions- Creating the future, Ideas into action, Enthusi ng , ontogenesis and appreciating others and clarifying values.Out of 18 my top six attributes were Visonary, Opportunity awareness, single-mindedness, proactive, enabler and leacy builder.Out of 18, the four lowest scoring attributes were consistent, enthuser, values champion and team builder.Refer to appendix- page 6I had a module of leadership and group working in college in which I secured 72% marks. The study in the module included various management and leadership rolesin the modern workplace. The assesment was on the topic that does a manager requires leadership skills.Refer to appendix- page 7Learning skills- I performed two learning activities, one from the Kolb learning cps and other one from Bells learning model.Kolbs learning cycle has Activist, Reflector, Theorist and pragmatist. After performing the activity, I came to know that I am a activist.Refer to appendix- page 8IT skills-I had a module named IT skills in the college and I secured the gameest marks in the cla ss. It skills module included ..IT is important in all fields. People can not even signify of spending one day without IT and its applications. For a student, a laptop is his best friend as it allows him to be in touch with the world. Therefore, in order to do MBA, I have to give various online test and in my workplace as well dealing with information technology is unavoidale .Refer to appendix- page 9 designation and execution In order to identify the problem, one has to be very critical in his approach and analyse the data and present it in various graphs forms to have a better idea. I had a test of Data collection and interpretation in my degree in which I secured 79% which is extremely good as it will help me in case of analysing the companies financial conditions.Refer to appendix- page 10PERSONAL PERCEPTION AND VALUESI have a high values and morales. I believe that every one should strive and work to be the best but sometimes I do feel that contention should not be there in the society as it tends to become a burden for student who has pressure form his family and friends to do his best and m the others, passel forget that only one person can be the winner and everybody does not have the same way of thinking and cannot be best at everything as some might be good in reading, some might be good in writing.I often think about myself and future, my current skills and the ones which I need to develop. I did a few self-evaluation activities which gave me a better picture of myself, answering my current skills and qualities Refer to appendix- page 11. My other highly-developed skills required in the future arePlanning- planning is deciding in advance what to do how to do and for whom is to do. It bridges the gap between where we are and we wish to be. It is required at all levels of management it is an on going answer through out our lives, which is very important from the point of view of achieving the desired goals. I makes plans even for small things l ike spending the vacations with friends, planning makes me feel comfortable and relaxed. During college days I use to submit all my assignments on time. This will really help me in the workplace.Refer appendix- Page 12 Decision making- it is the process leading to the selection of a course of action among alternatives. Every decision making produces a utmost choice. It can be an action or an opinion. It begins when we need to do something but we do not know what therefore, decision making is a reasoning process which can be rational or irrational.Writing skills- In context to communication skill, the other developed skill which I have is writing skills, I can really express my self better in the written part of speech, I have subjectn part in various study writing competitions and won the first and sometimes second prize as well. I can pen down my emotions and feeling on the paper very slow, basically while writing I can really go into the depth of the topic.Team worker- He is t he person who is most aware of the needs of the team, the contact and the needs of the members. I do not feel comfortable working in groups as I feel every person has a different approach towards life and have a different set of ideas, so I do not think they are able to solve a particular problem or can reach to a final conclusion for a problem. Thus I need to develop my negative skill to positive and hence I need to develop this skill of mine.Some of my developed skills are from my school days where I used to have my day-by-day time table table for my day to day activity, this in return helped me to become punctual and I understud the importance of time and I understood that once time passes it never comes back, therefore every second of our life is very precious.Where as regarding my decision making skill, I developed at my work place, when ever I have been given more work to do at one time, the I have to set my own priorities of work, which means I had to take decisions on my o wn as to which work should I do first keeping in mind their importance and dead line.As far as writing skills are concerned I can really express my self better in the written part of speech, I have interpreted part in various essay writing competitions and won prizes. I can pen down my emotions and feeling on the paper very easily and I can write along with thinking about it.CARRER PLANNINGVocational qualificationsIn future, I need some more knowledge and education in order to apply for Masters in Finance, I need to do a course apart from my Business degree, some courses like ACCA and in case of Marketing I might have to do CIM- Charted institute of Marketing. Both are flexible courses and are well recognised in their own fields all over the world.CIM- It is Europes leading provider of marketing ans gross revenue courses. The aim of CIM is to develop individuals marketing and sales skills through distance learning courses. It is the worlds largest marketing body working with the mar keting profession, government and industry to develop Intertheme business.ACCA- It is a world class body of knowledge, in every 8 minutes someone registers as an ACCA student in the world. ACCA has been established for more than 100 years now and gain a standard reputation in the field of professional education.Fee structure of CIM as per courseCOURSESINTERNATINAL APPICATIONUK APPLICANTION Intro Certificate in Marketing85120Prof Certificate in Marketing85120Prof Diploma in Marketing125160Prof Postgradz Diploma165200In ACCA, the course length depends upon the candidate and the fee depends on the length of the course and the exams taken.THE WORLD OF WORKJOB MARKET ANALYSIS In future I would either gofor RETAIL INDUSTRY. Marketing or pay.Since, I have been working as a sales advisor in Marks Spenser from more than two year and people know me as well. The management is happy with my performance as I has a pay raise. Sometimes when there is no supervisor, I also perform the role of a s upervisor in their absence. In my near future I would like to get into Retail industry with either finance or Marketing sector.Refer appendix pagge 13 Paradigm Shift for Retail Focus Over the at long last decade or so, retailers world over have centre their resources to create efficiencies in their sourcing, supply chains and store operations with the purpose of reducing the operating costs and maintaining a hold on their thin margins. http//www.dmreview.com/dmdirect/20060707/1057744-1.html The list of the biggest retailers in the world is dominated by the grocersWal-Mart (USA)Carrefour (France) The Home Depot (USA) METRO Group (Germany) Tesco (UK)SWOT STRENGTHRetal is the second-largest industry both in get along of employees as well as number of establishments in US. The industry generates $3.8 trillion in retail sales annual.The largest retailer in the world is Wal-Mart with more than $312 one million million million sales per year. Wal-Mart employees 400,000 employees all ov er the world, including 1.3 milion in US itself.WEAKNESSOPPORTUNITY The retail market in the UK is considered to be mature so it is unlikely to fulfill the large expansion that occurred in the 1980s. Large retailers are likely to remain the dominant players while trying to increase their market share through mergers and acquisitions. gift operators such as John Lewis, Waitrose and Marks Spencer, with their focus on high-value, high-quality, diversified product range and customer service, will also continue their strong commerce performance.New systems will enable retailers to find out how shoppers choose goods. Cameras catch the customers gaze and determine the effect of particular colours, special offers and placing, as well as how many brands are considered and for how long.THREATS meshing shopping soared by 50% in the ten weeks leading up to Christmas 2005 and shoppers spent 4.9billion online in the same. Consumers are expanding their horizons in legal injury of the product s theyre willing to shop for online, with clothes, health and beauty, books and CDs being the main drivers.Safety and security is a concern for retailers and consumers. Secure browsers and sophisticated websites will alleviate these fears in the future.Internet shopping will not, however, spell the end for shops. People will continue to see shopping in stores as an enjoyable social event.FACTS FIGURES http//www.statistics.gov.uk/ According to the national Statistics, done in June 2005 the rtail industry has employed 2.9 million people which is 1 in every 9 or 11% of the working UK population. UK retail sales were approximately 260billion in 2005. 11% of all VAT-registered businesses in the UK are retailers, with the total number currently at 180,875.UK retail sales were 265 billion in 2007, larger than the combined economies of Denmark and Portugal.Retail sales account for 1/5 of the UK economy.The retail sector generates almost 8% of the Gross Domestic Product of the UK.More than a third of consumer spending goes through shops.Sales over the internet account for less than 4% of total retail sales, despitestrong growth in recent years.The retail industry employed over 3.0 million people as at the end of December 2007.This equates to 11% of the total UK workforce.Over the last five years, employment in retailing has grown by 50,402CHANGING WORKPLACECARRER PATHSCURRENT AND FUTURE WORK PATTERNSPERSONAL DEVELOPMENT PLAN five dollar bill AREAS TO DEVELOP N SET S.M.A.R.T TARGETA personal development plan helps a student to Improve their general skills for study and career development. change state more effective independent and confident self-directed learners. Encourage continous / lifelong learning and take self responsibility. Identify their strength and weaknesses. Area of skill demeanor you would like to develop further.Why it is important to you in relation to your ambitions.How you will work on this development. Who or what can help or support you in this respect.Numerical skillsRefer to appendix page 14 Refer to appendix page 15 class teachers boli good tha .Verbal skillsRefer to appendix page 16 Want to work as a finance/marketing manager. I need good communicational skills and good command over my vocabulary in order to communicate with my clients at workplace.The inter-personal skills mainly develops by practice, the more we communicate with people, more effect we will have in our language, so I will start giving presentations, taking part in all kinds of debate competition as well.I can only help Myself to improve over my less developed inter-personal skills. As nobody else know me better than myself. Refer to appendix page 14 Time managementRefer to appendix page 17, 18 . sSSRefer to appendix page 19Refer to appendix page 20 Team-work skilsRefer to appendix page 6SSSPSYCHOMETRIC TESTThe types of psychometric test areAbility test-Ability test beak a persons potential, for shell to learn the skills needed for a new jobor to co pe up with the demands of a training course. Test is divded into four main sections- numerical ability, verbal ability, non-verbal ability and spatial ability.An example of ability test would be GAT- General Ability Test.Aptitude test- An aptitude test os more job specific. These test tend to be job related and have names that include jo title such as the programmers Aptitude Series (SHL). Refer to appendix page 16 Personality test-Some people have distunguish features from others, which maked them unique MBTI TEST Refer appendix- page 21 EMOTIONAL INTELLIGENCE or EQ220Emotional Intelligent as defined by Thorndike, is the ability to rede and relate to people. Daniel Goleman (1996) says the capacity for recognising our own feeling and those of others, for motivating ourselves and for managing emotions well in ourself and in others.Now, EQ is totally different from the cognitive intelligence, i.e. IQ. IQ is a measure of an individuals personalinformation bank- ones memory, vocabulary and visual motor co-ordination.Emotional Intelligence involvesKnowing the appropiate feeling for the circumstances.Experiancing the appropiate feeling for the circumstancesExpressing feeling apprpiate to the circumstances. Making opportunities to express feelings Refer to appendix page 22(S. Cottrell, 2003)CVAPPENDIXCurriculum VitaeKARAN SETH30,GURNEY ROAD, STRATFORD, LONDON. E15 1SH PHONE 07930464295EMAIL emailprotected NATIONALITY IndianDATE OF BIRTH 13/10/1987EDUCATIONAL QUALIFICATIONSYearQualificationsSchool/College/University2006-2008BA (HONS) Business Management University of Wales, Lampeter2006Higher Secondary Examinations (10+2)Delhi Public School, Kanpur2004Secondary Examinations (year 10)Delhi Public School, KanpurWORK EXPERIENCE March 2007, Marks Spenser, London, UKTeam Leader / Sales Advisor Ensures run provided by the department are always carried out to defined standard with the utmost efficiency, consistency and courtesy as detailed in the department running(a) ma nual. To handle all customer complaints and inquiries in a courteous and efficient manner, following through to make sure problems are resolved satisfactorily.To ensure that all employees in the outlet deliver the brand promise and provide exceptional guest service at all times.To assist in the inventory management and ongoing maintenance of stocks and inventory taking as required.Training of new joinees according to the standards laid down by Marks Spenser.Maintaining positive guest and mate interaction with good working relationships. Monitoring operating supplies and reduce spoilage and wastage.Ensures the place of work surrounding area is hygienic and organized at all times.Motivating and leading a team of committed professionals to achieve 100% in customer service.Worked part-time as a Food and Beverage benefactor at Landmark, Kanpur, India, 2005ACHIEVEMENTSSecured 1ST class in the college in BBA in the present term. Secured above 70% in aggregate all through the educationa l tenure.Served as the President of the Student Union in the year 2004 -2006 at Delhi Public School, India. Won many Inter-school Sports and debate competitions in India. PERSONAL ATTRIBUTESExcellent communication skills, good Inter-personal skills and a proactive problem solver.Value teamwork, have good team building skills and can communicate effectively with all levels of employees.Customer-oriented, friendly, honest, fair and approachable.Have a positive can do attitude, highly motivated, innovative, passionate and seeking opportunity to be multi-skilled and trained.Established leadership skills cultivated through intensive training as a Management Trainee.Ability to adapt to changing environment and desire to work on new projects.High degree of integrity.Possess the ability to perform best under pressure.DOCUMENTS ATTACHEDSHL verbal testEmotional IntelligenceNumerical testMBTI- myers -brigsReflection exerciseTime managementSelf evaluation- current skilllsInventory profile for management skillsLearning styles inventorySchool documentMarksheet class 12Marketsheet class 10Reference letters- teacher and principle assignment feedback sheetsStress diaryPay raise letter with pay slipuseful linksCottrell Stella (1999). The study skills handbook. published by Palgrave Macmillan. in New York . US.Cottrell Stella (2003). Skills for success. Published by Palgrave Macmillian. New York , US.http//www.ucc.vt.edu/stdyhlp.html TIME N STUDY SKILLShttp//www.quintcareers.com/career_assessment.html COLLECTION OF MANY TEST . GOOD ONE http//careerplanning.about.com/od/careertests/Free_Self_Assessment_Tools_Online.htm OK OKTEST LINKZhttp//www.inspiredleadership.org.uk/ NUMERICAL N VERBALhttp//www.myskillsprofile.com/ LEADERSHIP, EMOTIONAL INTELL, TEAM ROLES, PERSONALITY PROFILE, HAVE TO PAYhttp//retailindustry.about.com/gi/dynamic/offsite.htm?zi=1/XJsdn=retailindustrycdn=moneytm=1108gps=182_807_868_568f=21su=p554.2.150.ip_tt=11bt=1bts=1zu=http%3A//www.brc.org.uk/latestdata.a sp%3FiCat%3D52%26sCat%3DRETAIL%2bKEY+FACTS facts n fingureshttp//www.dmreview.com/dmdirect/20060707/1057744-1.html http//retailindustry.about.com/od/abouttheretailindustry/p/retail_industry.htm http//www.shoppertrak.com/index.phphttp//www.ca.courses-careers.com/retail.htm http//www.prospects.ac.uk/cms/ShowPage/Home_page/Explore_job_sectors/Retail/overview/pegiLLL http//www.personalitypathways.com/dom-ni.htmlhttp//www.personalitypathways.com/ http//www.ucc.vt.edu/stdyhlp.html IMAGE FROM LINKmanagement model Fayols 14 principles