On identifying goals the plan is supposed to reach, I would focus on the elaboration of methods that can help me to reach the desirable goals. In this regard, training alone may be not enough and I may need sharing experience with other people, who have already got an extensive experience of leadership.
Furthermore, I would focus on the improvement of my skills using training and experience of other people, along with the study of literature dedicated to this problem. First, I would improve my learning skills, which are essential for my professional development and my development as a leader. I should to learn to acquire new knowledge and develop new skills without the assistance of educators and trainers. Instead, I should be able to learn on my own.
For this purpose, I will need to learn to use new technologies, to obtain new information and to develop new skills using the information from diverse sources and my personal experience.
The development of organisational skills should involve my work in organizations and taking the leading position. However, I can focus on the team work, which can help me to develop my organisational skills along with my team work skills. At the same time, I need to learn to distinguish priorities in my personal and professional development. The accurate definition of priorities is crucial for the development of my organisational skills.
In such a way, I will be able to focus on tasks, which are the most important for me at the moment. The development of leadership skills proper will involve the learning of different leadership style as well as the study of my own personality because I need to choose the leadership style that is the most appropriate for me. On the other hand, I should learn to be able to adapt to the changing business environment and to changing situation within the organisation, where I work.
Therefore, I should pay a particular attention to the development of flexibility in my views and openness to changes. The development of communication skills is also very important to meet my leadership requirements because I have to be able to maintain effective communication not only with different people but also to develop communication within the organisation that is much more difficult than routine communication between people.
At this point, the development of tolerance is very important for the development of my communication skills because I still have problems with accepting a standpoint different from my own.
In other words, I have to learn to take into consideration opinion of other people and to negotiate to make my communication really effective. Finally, I will have to learn tolerance for my team work skills because my leadership inclinations lead to the aggressive leadership style, which increases the risk of conflicts in teams, where I work. The success of several organisations and people rely on the outstanding ability to plan, evaluate and materialise arrangement in connection to the achievement of goals.
Organising is the ability of putting similar elements following one or more rules Morgenstern Generally, it includes the specification and distribution of tasks to appropriate components e. It is also the assignment of authority and allocation of resources. The practice of organising is crucial in developing inputs to planning, making planning decisions, and implementing strategy.
To be effective, however, comprehensive management function in the business must be done in a continuous pattern Hornsby and Kuratko ; Roney Yet, it is argued that the organising process that is to be conducted within the firm or among the individual is dependent on the plans that must be implemented. This is highly needed to cope up with the soaring demand of clients and the industry itself. Directing or leading involves the execution of planned and organised activities and interventions for the achievement of predetermined goals Hitt, Ireland, and Hoskisson ; David Also, the development and execution of appropriate leadership style is a vital determinant of effective directing or leading process.
Coordinating is the regulation of all the various elements needed in the achievement of set goals. It is the integrating and establishing of linkages to diverse elements in order to accomplish harmonious operations and execution of plans Hitt, Ireland, and Hoskisson ; David Coordinating includes the effective flow of communication. Communication is the link to successful execution of plans and achievement of objectives because it serves a number of fundamental functions Brown Among these functions include the management of data and information, its flow, and so on.
Surveys focusing on areas of improvement among corporations state that communication usually ranked as key element within the organization Harris Eckhouse suggested that communication serves four major functions within a group or organization including control, motivation, emotional expression, and information. Communication is needed in a stock broker career because of the presence of constant meetings and appointments with different groups and types of people.
Controlling is the task of management in the course of providing positive controls on the efforts of various elements of the organisation such as people and financial resources Witzel It has been demonstrated that the emphasis in successful management lies on the man, not on the work Gilbreth cited in Witzel A stock broker must be able to control the future of every transaction so as to uphold the premeditated individual as well as organisational goals.
Every action is planned, organised, directed, and coordinated towards a general consensus. The future of every business deal is reliant on the ability of the stock broker to minimise potential hazards and increase productivity.
Thus, controlling and all the other management functions mentioned above are relatively important. I recognised myself as someone who possesses the strength of the task of coordinating particularly on the case of communication. I believed that the previous exposures and experiences that I gained help me acquired this core competency.
Good communication skill was gained from giving presentations at seminars, supplier and customer service transactions e. I am also used at working on team projects particularly during my course. This involved different roles, which have developed my impeccable negotiation and persuasion skills.
Considering the significant role of communication in stock broking, coordinating is among the basic ingredients of my professional success. I also believed to the spill over effects of effective coordinating function like the development of teamwork and successful working relationship. Teamwork is also attributed to the positive effects upon the psychological health and well-being of organisations member Carter and West Through effective communication, people are motivated to work in unity and towards the achievement of individual and organisational goals alike.
I do have the knowledge of a stock broker but I am not a specialist. Secondly, I tend to be little autocratic sometimes.
So, this kind of attitude reflects as my weakness in terms of directing or leading. Leadership is an important aspect of management. As stated by a few authors e. Furthermore, this also helps in creating a sense of commitment and loyalty Hill I presumed that I am the opposite of a favoured leader. I am autocratic which means I tend to be overly manipulative and domineering.
I was engaged in an argument in my previous job placement out of my domineering attitude. This attitude hinders the development of harmonious relationship or esprit de corps among colleagues and most importantly on the part of potential clients.
I recognised the need to learn a leadership style that will be instrumental on the achievement of my intended career role as well as the development of other important values useful in my future as stock broker and person as whole. I have plenty of opportunities in this specific subject. In fact I have the world. The scope of learning here in United Kingdom is better than my home country. I am also active in this business right now and dealing with one of the biggest stock brokerage firm in Europe which I think that is one of the most learning experience I am having in this business ever.
Threats The most common and important threats in this business are the uncertainties, competitors and future world situations. We all know that fact that knowledge is power. So I think that I have to study more and more about the subject to gain more knowledge so that I can handle all the situations happens there in a stock exchange individually. While I recognise my limitation of being an autocratic leader, I learned to lessen my domineering attitude and improved my leadership style.
From the last incident which I had in my last job with one of my subordinate, I considered having a reality check on my leadership skills — from autocratic to democratic or being friendlier. I gradually changed from domineering to accommodating leader. I should have been more lenient to the new employee. With this experience, I learned that autocratic attitude is not actually relevant particularly in working with teams because it hinders the development of teamwork among team mates.
Thus, I needed to reconsider other leadership style as option. Now, I will take all the opportunities whatever comes to my way. As my knowledge is growing day by day regarding this business, I think that I can make the best use of my opportunities.
I hope, I can handle the threats as well.
Introduction. A personal development plan is one of the most effective tools for students and professionals who want to achieve excellence in their respective fields. It uses the concept of reflection to enable one keep track of the steps he has made towards acquiring skills and knowledge. It enables one to monitor the life changes required to be made .
Introduction To Personal Development Plan Personal Development Essay. Print Reference Introduction to Personal Development Plan: Personal Development Plan (PDP) refers to activities that improve self-knowledge and identity, develop talents and potential, build human capital and employability, enhance quality of life and contribute .
- Personal Development Plan This report is a personal development plan that shows an evaluation of current skills and knowledge that includes my strengths and weaknesses. Development is a lifelong of nurturing, shaping and improving an individual's skills, knowledge and interests to ensure my maximum effectiveness and adaptability, and to. The personal development plan for me is a chance to know myself better, I can realize what I want to achieve or where I want to go in the plan, in the short- or long-term, and also identifying the need for skills, knowledge or competence.
Sep 04, · Personal Learning Plan The author has designed the personal learning plan around the diagnosis of his learning needs, statement of specific learning objectives, learning resources and strategies, evidence of accomplishment, how the evidence will be validated, and how the learning will be evaluated. Introduction To Personal Development Plan Personal Development Essay 1. Introduction to Personal Development Plan: Personal Development Plan (PDP) refers to activities that improve self-knowledge and identity, develop talents and potential, build human capital and.