BUSI1110 - Skill Development Plan Assignment - Kwantlen Polytechnic University

Assignment Task

Introduction

My name is Shriya Joshi, currently pursuing the degree in business administration at Kwantlen Polytechnic university. My aspiration is to become a CEO of one of the top companies, driving innovation and leading team to success. To reach the school, I plan to gain experience through internships, network with industry professionals, continuously, educate myself on business, trends, and leadership strategies, and demonstrate strong leadership and problems solving skills in every opportunity that arises hard work, dedication and clear vision will be the guiding principle on this journey to success.

Skill Assessment Soft Skill

Management of personnel resources

This ability entails successfully managing and organizing people and resources to meet organizational objective. As a CEO, mastering, this talent is critical for developing and directing high-performing teams, maintaining a great work culture and increasing employee, productivity and engagement. This skill also referred to ability to effectively overseas, coordinate, and empower individual with an organization to achieve common goals. It involves such as recruitment training, performance, evolution, and conflict resolution to optimize employee, productivity, and satisfaction. As my part of upcoming goal, the talent is essential for promoting a happy work, atmosphere, and encouraging, teamwork, and increase organizational efficiency and effectiveness. Effective personnel, resources management increase employee, moral, reduce turnover rates, and ultimately improve organizational performance and success. (SHRM)

Reasoning: Managing person resources is very essential for a CEO for salary reasons. Firstly, your team is your greatest asset and their productivity, motivation, and well-being directly impact the success of your organization. Secondly, as a leader, you are responsible for creating a positive work, culture and environment, where employee can thrive, which ultimate reduced turnover. lastly, managing personal resources involves development and retention, ensuring you have the right people in the right role to achieve the company goals

Written Communication

Written communication is one of the important skills and provides a very crucial role for CEO. As a leader, you need to effectively convey your vision, strategy, and expectations to your team, investors and skate holders. Clear, concise and perfect writing can inspire trust, and alignment and action among your audience, making it an indispensable skill for achieving your goals as a CEO.

Hard Skill

Judgement and decision-making

Judgement and decision making is one of the crucial parts of a company which leads by CEO. Analyzing circumstances, ovulating, possibilities, and making sound decisions based on available information or all components of judgement and decision-making. A CEOs, strong decision, making ability are critical for negotiating, business obstacles, seizing opportunities and driving organizational success. Good decisions make a company strong. It involves analysis, risk, considering implications, and selecting the most appropriate course of action. This skill is very important as a part of company, leaders and executives to navigate complex business environment, making decisions, strategies, and organizational growth. CEO, strong judgement and decision in making abilities enable individual to respond effectively to changing market condition and achieve long-term business objective.” (The art of decision-making’ by Joseph Bikart)

Reasoning: Judgement and decision-making is one of the crucial parts as a role of CEO. By having a experience, I observed that this skill plays a very important role in a company, judgement and decision making skill paramount for a CEO due to critical role they play in shaping the decision and success of organization. This skill helps in risk management, resource, allocation, management and crisis management. This also improve seek diverse perspectives, data informed, decision-making and scenario planning which leads in success of business.

Proposed Action Plan

Management of personal resources

• Gain experience from society, small businesses, indulge in teamwork.
• Attend leadership seminars, focussed on teambuilding and management strategies
• Take a leadership role in student organization are voluntary groups to gain practical experience in managing team
• Looking forward mentorship from experience leaders to receive guidance on effective person management technique
• Interact with experience person and learn about it
• Make a proper plan and then execute

Judgement and decision making

• Use case study to practice, assessing business scenarios and making strategic decision
• Participate in decision, making activities or group, discussion to improve your critical thinking and problems solving ability
• Look for opportunity to help senior executive during decision making process to get inside into their thought process and approaches
• Make a proper deciding scenario and then think about it if it’s right or wrong to implement
• Gain knowledge and know about right or wrong

Expected outcomes

Management of personal resources

• Enhanced capacity to assemble and manage successful teams
• Improved ability to resolve, conflicts, and communicate with the members
• Positive comments regarding the effectiveness of leadership from mentors and peers

I will know when I must improve the skill by having these things done and the improvement, I should be done in future are:

• Communication
• Decision-making
• Leadership
• Delegation

Expectations for improvement includes smoother operation, enhance, team performance, reduced conflicts, and greater efficiency in achieving goals. Regular performance review and feedback from peers and subordinates can also provide valuable insight into progress.

Judgement and decision-making

• Enhanced self – assurance, prompt, and efficient decision-making
• Proven capacity to evaluate, intricate circumstances and rank consulting demands
• Successfully, completion, projects, or business challenges that call for important decision-making

The major points that I must improve the skill by having these things done, and should be good for future goals

• Quality of decisions
• Speed of efficiency
• Feedback
• Risk management

As what I expected in future to make an improvement include more informed decision, reduce decision making paralysis, increased adaptability to change and improve organizational performance. Additionally, I may anticipate better utilization of resources, and enhance innovation because of improved judgement and decision-making skills.

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