Career management in business Essay Example | Topics and Well Written Essays - 2500 words

Career management in business - Essay Example Please identify ONE strength and ONE weakness only, and provide detailed supporting evidence.† 1.1 Career aspirations Short term career aspirations: -I have working skills in sales, supply chain, finance training and effective customer services. - I have certification in human resource management and I am beginning to build my successful career as professional human resource manager in banking services and activities. - I learn constantly; hence I believe that an organization that offers internal and external opportunities will contribute to effective organizational development. -I like interacting with everyone on professional issues; thus I believe that a better career in HRM will offer me this opportunity to explore my skills. Therefore, I will like to recognize all facets including pension services, recruitment process, employee relations and benefits in an organization. Medium: -I will utilize my knowledge or experience and available resources in order to find the innovati ve or creative solutions to business issues. -I will continue improving and expanding my skills in the expertise field through finding the linkages or relationships among various fields. -I will train and mentor the followers in a manner that can enable them to become productive in the organization. -I will learn and understand the cultural beliefs of other people in order to understand the way business activities and use of technology will be impacted by the cultural beliefs. Understanding organizational culture is essential because it will contribute to successful organizational performance. Long term: -I hope in the 4 years from now, I will achieve managerial position and develop a strong team to lead. Therefore, I believe that I can achieve this through hard work and continuous self development with laying a strong emphasis on improving my professional profile. -I will work with the creative and innovative team in the future in order to develop passionate on the way they handle various task in the organization. This is significant because they will enable me to develop effective skills for achieving my career objectives successfully. Singh (2010, p.34) argues that carrying out research and learning innovative or creative ideas is significant. This is because they contribute towards organizational success. - I will develop an action plan for tracking changes in the workplace environment through learning and talent development; thus creating organizational change. Management action plan is significant because it will enable the organization to create transformation and improve organizational performance in the future. 1.2 Skills required/demanded in your chosen occupation/role -Develop experience in Human resource management, training skills, financial management skills, sales management skills and logistics as well as good leadership skills. Bass, Bass and Bass (2008, p. 56) argues that successful HRM should develop effective earning skills and adopt succes sful leadership theories for management. Employing effective leadership skill is effective because it will enable the HRM to meet the organization objectives effectively; thus creating business change or value. - Developing creative strategic leadership skills is required in the organization. There have been extraordinary heave of concern in business leadership activities in the current banking industries. This is specially the effective skills that

Behavioral Analysis Essay Example | Topics and Well Written Essays - 1000 words

Behavioral Analysis - Essay Example It has a PE ratio of 27.9, and there are about 12 stock trade analysts rating Biogen as a Buy neither a sell nor a hold company. Average volume for Biogen has been 2.0 million dollars shares daily for 30 days annually. It has a market cap of 90.8 billion dollars and is a part of the medical sector and drug companies. Biogen stock has a beta of 0.62 and a short float of 1.3 percent with 0.89 days to cover. Biogen shares are up 13.7 percent annually of the close of trading monthly. According to the Street Quant Ratings, Biogen is a rate as a buy and the company’s strength exists in many areas. For example, the solid stock price performance, impressive record of earnings per share growth, and compelling growth net income. Others include robust revenue growth and largely solid financial status with reasonable debt levels by most measures. According to the recent highlight analysis of the Biogen company ratings, influenced by its outstanding earnings growth of 72.77 percent and other vital driving factors. The stock of the company languished by 30.23 percent over the past years outsmarting the performance of the S&P 500 index rating the same time. BIIB irrespective of numerous stock market challenges would maintain despite enjoying fabulous gains in the past year. Biogen Company has recorded significant earnings per share creating improvement in the recent quarter compared to the previous quarter. Company shows a pattern of positive earnings per share growth over a period of two years. In every fiscal year, the company increases its bottom-line profits by the rate of 12.39 dollars compared to 7.82 of the past years. Besides, the market anticipates much increase in the earnings of 16.78 dollars from 12.39 dollars (The Street Wire 2015, p.1). The company depending on the net income growth from the same quarter a year ago significantly outperformed against the S&P 500.The rate exceeded other sectors such as Biotechnology industry average. When compared to the