Friday, February 28, 2020

Personal Development Plan for Strategic Managers Essay

Personal Development Plan for Strategic Managers - Essay Example The paper tells that SWOT analysis was developed by Albert Humphrey during the 60’s and the 70’s a result of a project aimed at identifying the causes behind planning failure of corporations. SWOT analysis is defined as â€Å"a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats involved n a project or in a business venture†. SWOT analysis help in identifying both, internal and external, factors influencing the performance of the organization and had proved to be quite helpful for many organizations in scenario planning. Moreover, it provides an overview of the present situation and where the organization stands in the market, which is very useful in the decision making process. That being said, SWOT analysis is also used to perform self-analysis in order to obtain a better understanding of oneself with reference to career. It does not only help in identifying ones strengths and weaknesses but also points out the talents of a person on the basis of which decisions related to career can be made. A personal SWOT analysis is performed in exactly the same manner as the one performed for business except that the person, whom the analysis concerns, must perform it him or herself and honestly provide all the information. It is more of an introspective report that allows a person to look deeper in self. Keeping all these points in mind, the researcher performed the SWOT analysis on himself. ... It is more of an introspective report that allows a person to look deeper in self. Keeping all these points in mind, I performed the SWOT analysis on myself and following are the results: Strengths Double Bachelors – The two most desired degrees in computer science are of BSc (Hons): Computer Science and BCS (Bachelors of Computer Science. Often students are confused about which degree to get of the two. I have both these degrees, which give me an edge over most graduates of computer science. Moreover, I am also a Microsoft Certified System Administrator. All these skills have equipped me with the skills required to survive in the industry of computer science. Multiple Work Experience – I have work experience in different industries like food, banking, and healthcare. I have been involved in customer services for a while for different companies and so I have extensive experience in the field. Moreover, I have worked in different regions like Abuja, Nigeria, and differen t parts of England which has given me knowledge of different cultures, increasing my ability to understand difference in customer behavior. I also have experience in the field of marketing. Leadership and Communication Skills – I have worked as a leader of many different teams in the past and have also played the role of a motivator in the teams. I have supervised employees at different place, which has improved my leadership and communications skills. I do not only have leadership skills but also know how to work under someone else’s leadership for which I have been rewarded with the award for best team member at BLOSSOM. Ambitious, Motivated, and Multi-interested – I have always been very ambitious which is why I have double bachelors. I’m eager to learn new things and have a

Wednesday, February 12, 2020

Final Case Study Analysis Assignment Example | Topics and Well Written Essays - 1250 words

Final Case Study Analysis - Assignment Example The case of â€Å"You’ve Got Mail†¦And You’re Fired! The Case of RadioShack† can be regarded as an important case linked with the aspect of human resource (HR) which concerns about firing or terminating huge figure of employees from their respective jobs (Thinkstock, n.d.). With this concern, this paper intends to evaluate as well as to explain the issues or problems that pertained in the aforesaid case relating to RadioShack. Moreover, a set of proposed solutions would also be provided to the management of RadioShack for the purpose of dealing with the identified issues in future. Evaluation and Explanation of the Issue Relating to the Case In the year 2006, the management team of RadioShack took the decision of terminating a certain portion of its employees owing to the reason of its extreme financial turmoil condition. In this regard, it has been apparently observed that a figure of 400 personnel attached with the company received an ultimate message thro ugh e-mail which was "The work force reduction notification is currently in progress. Unfortunately, your position is one that has been eliminated." The unofficial translation: "You're fired." (Forbes.com LLC., 2013). The major issue of the case can be viewed to be the procedure which the management of RadioShack followed to terminate or to lay off its employees. ... Once viewed to be a giant in the electronic market, RadioShack was experiencing tough competitions from its chief business market contenders like Best Buy and CompUSA among others. Majority of the stores of RadioShack that were located in Canada have been viewed to shut down due to heavy net loss faced by the company. It is worth mentioning that changes in the economy can also affected RadioShack vastly resulting in low consumer spending on electronic products. Failure to adopt as well as to execute effectual business strategies in complying with customers’ demand also contributed in financial loss that suffered by the company. It has been viewed that the company was experiencing from turmoil condition and thus failed to compete with its major competitors by a considerable level (RadioShack Corporation, 2006). Thus, it can be affirmed that the aforementioned aspects were the main causes that eventually made the company to lay off or terminate its employees by a considerable le vel. In order to conclude the issue of the case concerning the process of terminating employees, it has been apparently observed that the management of the company adopted as well as executed the method of e-mail for terminating its employees. In this similar concern, 400 personnel belonging to RadioShack have been viewed to receive an e-mail in which the following message had been portrayed. The message was "The work force reduction notification is currently in progress. Unfortunately, your position is one that has been eliminated." The unofficial translation: "You're fired." (Forbes.com LLC., 2013). This particular message via e-mail relating to the procedure of terminating the employees can be regarded as the major issue of the case. The termination procedure which