Thursday, July 25, 2019
Global Warming on Forests Essay Example | Topics and Well Written Essays - 1250 words
Global Warming on Forests - Essay Example This paper talks that the collective rainforests of the world act as a climatic sponge storing much of the worldââ¬â¢s rainwater, of which the Amazon rainforest accounts for more than half. Trees in the rainforest recycle water drawn from the forest ground. This, combined with the moisture that evaporates from the leaves is released into the atmosphere from whence it came. This paper approves that deforestation is the leading reason that soils in the forested areas lose their sustainability. Farming techniques and overgrazing increase soil degradation and erosion. The solution begins with severing the root cause. The voracious consumerism of industrialized nations is depleting the forests but if the people of these nations could come to understand the implications of deforestation and learn the specific companies within their country contributing to it. For example, Kentucky Fried Chicken and McDonalds have recently been reported on the national news as major purchasers of soybeans grown in former rainforest lands. This paper gives a solution automobile emissions may lie in alternative fuels. Promising future alternatives to crude oil, vegetable oil can be substituted for diesel fuel while ethanol is an effective petrol additive. Given the fact that fossil fuels are finite and its emissions are threatening every living thing on earth, why have most nations been slow in efforts to reduce the use of oil in favor of more viable energy sources? The economic consequence of doing nothing is far greater than solving the problem through legislation.
Wednesday, July 24, 2019
The current internationalisation policy with respect to global Essay
The current internationalisation policy with respect to global strategy theories - Essay Example This essay discusses that Marks and Spencer started its operation back in the 19th century with a stall on Kirkgate market in Leeds. The company targeted clients with above average income and provided high quality garments. The company also sells luxury food items. It was the first retailer in Britain to achieve 1 Billion pound pre tax income. The company operates in different countries today but its market share is not as it was before. The companyââ¬â¢s internationalisation process failed drastically which made the company lose its clients. The international operations of Marks and Spencer were contributing a mere 1.25% to the pre tax income of the whole firm by 2000. This shows how Marks and Spencer failed drastically in going global. Marks and Spencer started its formal internationalisation through acquisition in Canada in1973. Therefore Marks and Spencer was not new to internationalisation in 2000 but still the company did this bad. International sales consisted of 25% of com panyââ¬â¢s retail floor but still its contribution to company profits was negligible. This is clear evidence of the failure of internalisation of the company. The company used different modes of entry ranging from acquisition to franchising. Mostly Marks and Spencer attempted to establish its own stores abroad through acquisition but franchising was also used in countries with less population. The policy of controlling everything on its own is deeply engrained in the culture of the company as managers usually like to do something by themselves. This is why acquisition were mainly preferred for both food products and clothing line while franchising was used when market was too small to start operations directly. The main problem of the company was its strict bureaucratic culture. This culture hindered the flow of innovative ideas within the company as senior management was not interested in newer ideas (Case Study Marks and Spencer, 2011). This is what led to the downfall of the c ompany both in the international arena and in UK. The company wanted to grow but its growth strategy was based on traditional mindset of acquisition. They thought they could continue to grow like before if they persisted using their same old business strategy but while doing so they ignored competition and changing business environment. Research suggests that bureaucratic culture lowers innovation and performance of firms (Homburg & Pflesser, 2000). This is one of the reasons why internationalisation went bad for Marks and Spencer. There was also lack of vision when it came to internationalisation within the company. They focused too much on daily activities without taking into account the long term direction the company should take (Case Study Marks and Spencer, 2011). This also had an adverse effect on the global performance of the company because it
Hazard and vulnerability Essay Example | Topics and Well Written Essays - 500 words
Hazard and vulnerability - Essay Example The assumption that 'natural' disasters are inherently and predominantly natural phenomena has tended to exclude the social sciences from consideration in much of the spending that is done in disaster preparedness. This is despite the fact that over the last twenty years a considerable literature on disasters has emerged from human geography, sociology, anthropology and (to a lesser extent) economics. For many years, social science has contributed to policy formation for disasters (especially in the Third World) through the activities of many Non-Government Organisations (NGOs). The initial development of vulnerability analysis is then rooted in social science, and in a sense has constituted a political economy of disasters to the analysis of devastating events that are normally associated with natural hazards. At its most simplistic, vulnerability analysis asserts that for there to be a disaster there has to be not only a natural hazard, but also a vulnerable population. Much of the conventional work on disasters has been dominated by 'hard science', and has been a product of the prominence that natural phenomena have acquired in the disaster causation process. But this 'physicalist' approach is also a result of the social construction of disasters as events that demonstrate the human condition as subordinate to Nature.
Tuesday, July 23, 2019
Essay1 Essay Example | Topics and Well Written Essays - 1000 words - 2
Essay1 - Essay Example The system displays an updated version of available seats and removes the already selected ones (processing). The system generates a bill and ticket copy (output). TPS is based on batch processing or real-time processing. TPS are vital to businesses since it helps owners to meet demands without the need of extra personnel (Davoren). TPS offers four important characteristics to a business, they offer; reliability, response, controlled processing and inflexibility. Rapid Response; customers cannot afford to wait for TPS to respond, the wait time from the input by the customer to output production should be a few seconds. If a TPS fails to have a proper rapid response time, it will lead to huge losses in the business. Reliability; a TPS breakdown will disrupt or stop normal operations of a business. TPS systems must have low failure rates, and if failure occurs, accurate recovery must be a possibility. Reliability enables a company to design backup and recovery procedures. Inflexibility; a good TPS ensures that every transaction is handled in the same manner regardless of the user, time of day or customer. If a TPS is flexible, it means that there are too many opportunities even for non-standard operations. Controlled processing; a good TPS must support the operations within an organization; TPS should maintain and enforce roles and responsibilities. A good TPS should minimize the costs of an organization by bringing down the data handling times and also provides accurate and timely database updates. All these aspects of a TPS are imperative for steady business development and growth. Real-time transaction processing equates to immediate data processing. It requires access to an online database to give instant confirmations. A real-time transaction involves the use of a workstation or terminal to input data and display (output) TPS results. It is made up of a computer
Monday, July 22, 2019
Defined the Three Different Types of Breach of Contract Essay Example for Free
Defined the Three Different Types of Breach of Contract Essay In Contracts there are many terms used that sometimes may get confusing. Other times it is hard to tell which words mean what and how to use them properly in a sentence; the word condition being one of them. There are so many uses for the word and it may be used as a form to explain more in-depth in a contract, so that there is no confusion, or questions asked in what was meant by in a statement. Conditioned is defined in a contact as a future uncertained event that creates or destroys rights and obligations. A condition is a contact clause that modifies the basic agreements between the parties. Conditions can be complexed as ââ¬Å"if you do thisâ⬠¦, Iââ¬â¢ll do thatâ⬠¦Ã¢â¬ . There are different types of conditions, including implied, express, condition precedent and condition subsequent. It is legal and very common for contracts to have conditions. A condition can modify or rescind a contract. Conditions can also be based on certain action either of the parties themselves or some other outside action. A contract with no condition is ââ¬Å"I promise to pay you $2,000 for your carâ⬠. A contract with a condition is ââ¬Å"I promise to pay you $2,000 for your car, if a mechanic certifies it has no major mechanical problems. How can you tell if a contact has a condition you may ask, well its very simple, if the statements requires action to be taken for the contract to be enforced. An implied contract is one that is not stated in the contract and an expressed contract is one that is stated.
Sunday, July 21, 2019
Technique Of Video Streaming Using Opnet Tools Computer Science Essay
Technique Of Video Streaming Using Opnet Tools Computer Science Essay With the popularization of mobile technique, many users obtain various multimedia services through heterogeneous internet. Among these services, video streaming application is most challenging. Because of time constraint and VARIABLE BITRATE (VBR) property of a video, the problem of streaming high quality video in insufficient external WAN bandwidth. To solve this problems we are reviewing different technique like OPTIMAL CACHE ALGORITHM, MOSES (mobile streaming for video surveillances) etc. To make the good quality video streaming, we have to work on some different parameters like latency, image quality, video fluidity and frame losses. The mobile technique is most popularized and brought a great revolution in this 21stcentury.There are some terms like mobile video surveillance,video streaming which helps to do the mobile technology more and more advanced. This paper is basically focus on how the video streaming done using OPNET tools. For this we refer to the broad class of emerging real-time video surveillance. In mobile video streaming all the issues related with video garbing, processing, interpretation and dispatching of multimedia data becomes more challenging due to the presence of mobile platforms either in the transmitting or receiving side, wirelessly interconnected. For video streaming Givaldi and Prati proposed a streaming system called MOSES (mobile streaming for video surveillance), that effectively implements the described general purpose architecture for mobile video surveillance. MOSES supports video streaming in different condition, aiming at low-latency transmission over limited bandwidth network. The video stream is provided with a sufficient quality to be correctly analyzed by both human-based and computer-based video surveillance layers. To this aim we propose a optimization of the streaming process with an adaptive control of the streaming parameters. In this paper we also discussed how OPNET can be applied in modern video streaming technique. Network simulation is a major part of this OPNET modeler. It is useful to create the network and for the video streaming process. Basic steps which are used for video streaming technique are following:- Video Compression Principles and practice of video coding Basics behind MPEG compression algorithms Current image video compression standards Video Communication Video Streaming I Video application contexts examples: DVD and Digital TV Challenges in video streaming over the Internet Techniques for overcoming these challenges Video Communication Video Streaming II Video over loss packet network and wireless links à ¢Ã¢â¬ ââ¬â¢Error-resilient video communications Today There are lots of streamed video techniques are available till now. JPEG :- It is a joint photographic experts group, which is basically a single frame image compression. It mainly consists of minimum implementation, which are required to support some specific applications. MPEG:-It is a moving picture experts group. This process will work under the direction of ISO (International Standard Organization). In this basically, the ISO do coding of moving pictures. H.261:-This is one of the best processes found in the field of video compression. This process was completed with the help of algorithm known as motion compression algorithm. The H.261 video technique is use for the communication channel. RELATED WORKS:- In this paper we are reviewing different algorithms which are proposed by some reacher fellows on video streaming technique. They proposed different algorithms to resolve the problems of video streaming. In this paper, we are reviewing the following algorithms which are already proposed in the video streaming field. Cut-off Cache (CC) Algorithm :- This algorithm was proposed by Zhang et al. This algorithm use to handle the video staging process. In cut-off cache algorithm, the frames which are available inside the given video are sequentially compare with given cut-off rate. Cut After Smoothing Algorithm:- This is the next version of CC algorithm which was also proposed by Zhang et al. In this he had given the information about the utilization of WIDE AREA NETWORK bandwidth. This is also used to handle the video staging in more effective way. Optimal Cache (OC) algorithm:- The Optimal cache (OC) algorithm, is basically proposed to compute the video caching with linear complexity (O(n) , where n is the number of frames). The concept behind the OC algorithm is same as the CC algorithm but the main advantage is we can also use the concept of WAN bandwidth. Cache Selected After Smoothing Algorithm (CSAS). In this algorithm the researcher integrates two video processors and then combine it with cache selected process. After some years Chang,Ho and Oyang gave some other contribution on this field.They just tried to propose some other algorithms which is helpful for video streaming of high bandwidth. Priority Selected Cache(PSC) algorithm:- PSC algorithm is the modified version of the optimal cache algorithm. In this we have to select the frame data which are having maximum number of high priority. In this we have to replace the low priority frame with the high priority frames. Review Analysis:- In this paper we are basically dealing with the OPNET modeler. The original OPNET simulation model for MPEG-2 streaming was developed in the year 2000 by Srinivas Kandala and Sachin Despande. Theoretical Concepts:- Any video if we will take for an experiment it basically contain certain frames and that frames are having particular size. The following three variables which helps us for video streaming. Scene Length Distribution :-A particular movie or video which we have to compress is having certain scene in it. We have to divide those scenes with particular length. That process is called scene length distribution. Frame Size Distribution :- We know that one particular scene will contain certain frames . Now the frame type or size is essential aspect of model. Each and every frame has certain size. Stream Structure:- When we divide the particular video in certain scene and frame length than we can see that each scene containing certain pictures thats called GOP( group of pictures).This is called the stream structure. Node Model Design:- Now in this paper we are theoretically defining how we can create a node model using OPNET which helpful for us in video streaming technique. There are certain processes in OPNET by the help of that we can create a video streamed model. In OPNET we have to use constant bitrates stream (CBR). When we use CBR, the process model in OPNET is very simple, just use the standard. Simple source module and set the frame size and frame interarrival time to the desired value. When a stream is used scenes with high entropy get more bandwidth resulting in a higher visual quality. Because different streams tend to have high entropy. A scene at different moments in time, a bitrates is divided very efficiently, when several streams are transmitted over a packet switched network. Hence, by the help of this process we can easily make an OPNET model which helps in video streaming. CONCLUSION:- The theoretical concepts of video streaming using OPNET modeler are explained in this paper. An OPNET model was used to program low level process modules. The packet segmentation support allows the model to be used over several underlying protocols. The simulation results shows that it is based on the high level characterized in the time domain, the behavior of streamed video using OPNET models and streamed video using different algorithm is similar. For video streaming we basically have to follow some steps like video compression, video streaming 1, video streaming 2 etc. Current image and video compression standards:- STANDARD APPLICATION BITRATE JPEG Continuous-tone still-image compression Variable H-261 Video telephony and teleconferencing over ISDN P * 64 kb/s MPEG-1 Video on digital storage media (CD-ROM) 1.5 Mb/s MPEG-2 Digital Television 2-20 Mb/s H.263 Video telephony over PSTN 33.6-? Mb/s MPEG-4 Object-based coding, synthetic content, interactivity Variable JPEG-2000 Improved still image compression Variable H.264/MPEG-4 AVC Improved video compression 10s 100s Kb/s After reviewing all the above algorithm which are proposed till today we can conclude that , all the algorithm are used for different purpose in video streaming technique. Like some algorithms are used only for normal streaming but Cache Selected After Smoothing Algorithm (CSAS) and Priority Selected Cache (PSC) algorithm are basically used for the video streaming which are having very good quality with less bandwidth and low latency. The upcoming techniques for video streaming process are peer-to-peer, internet technique, wireless video streaming technique.
Saturday, July 20, 2019
Personal Development Plan Business Essay
Personal Development Plan Business Essay Finance is a career which imposes high requirements on the overall qualities of a person. In this report, I am choosing finance as my career field. First, we will describe a career planning methodology in my personal career planning. There are several steps to the career planning process. These steps are: occupational exploration (know the career opportunity), self exploration (know who you are and what you want), decision making, and plan of action. Second, we will identify several job families in the field of finance and the difference between the different possible career paths. These include hedge fund manager, sales and trading, finance analyst, and etc. Then, we will make a decision, giving my career map and career plan as a finance analyst. Six consecutive jobs will be presented to allow me to progress towards my dream job. We will also reveal the KSAs and personal qualities required at each job. Finally, a personal development plan is given with recommendations for future gra duates on the different career they could have in a given field after they graduate. 1. Introduction Finance is an attracting and challenging area for youngsters. For a new comer into this field, just financial knowledge is not enough. Other qualities, such as team spirits, communication skills, and business intuition are equally important for a successful career. With regard to my career goals, I am determined devote myself into financial area. I have great interest in finance because of its importance in corporate development and economic development. Currently, China is relatively weak in its financial sector. I regard it as a huge challenge as well as a huge opportunity for myself entering this field. 2. Career Planning Theory The career planning process is composed of several steps. First it is the self exploration, which answers the question of who you are and what you want. Second it is the occupational exploration, which deals with the job opportunities. Then it is decision making, in which you make up your mind of your career. Finally, it is the plan of action, in which you will set up your goals and put it into action ( Barbara et al 2003; Brian et al 1988; Robert et al 2009;;Samuel et al 1993). 2.1 Self-Exploration Before any career planning, people should have a clear idea about themselves and their expectations of a career. They should ask the questions, such as where do I like to work, indoors or outdoors? Am I good at dealing with the public? Do I prefer to work as a team or do I like to work alone? The thing is that there are no right or wrong answers to these questions, just personal preference. By rethinking of these questinos, they are able to know more about themselves and match themselves to the right occupation. 2.2 Occupational Exploration Having knowledge of the possible job families is equally important. Details about the work carried out in various occupations can be learnt through a large number of methods that can be used to gather occupational information. Some of the methods are listed below, such as online research, personal observation, interview with employees working in the field, books, posters, and TV programs. Usually people use a combination of methods. In this way, they can also get knowledge of the potential income, working conditions, and employment prospects. 2.3. Decision Making After you get the information about yourself and the occupations, it is time to make a decision. From your personal preferences, you should have a good idea of the things that you want in your life. From the job exploration, the occupatinoal requirement, such as the education as well as the work experience you need, will be clear. You can then choose the occupations that will give you what you want. 2.4. Plan of Action From the above steps, the particular career is determined. Now it is time to set up a plan to help you achieve that goal. First, you should consider the needs and insufficiency of yourself, such as what kind of education and training is necessary; What type of interim jobs are required; Second, you should foresee the obstacles which hinder you to get to your career. And hence you will be able to come up with a plan to overcome these obstacles. All these can be used to form your plan of action. 3. Possible Career Path for Finance 3.1 Hedge fund manager A hedge fund manager will decide how to place the assets in different classes of securities. These include cash, bonds, stocks (domestic versus foreign) and etc. 3.2 Finance Analysts This involves the processing and servicing of a variety of operational, personnel, and financial transactions. Involves developing, interpreting and implementing financial concepts for financial planning, resource planning, and control of organizational budget. May analyze and prepare recommendations for financial plans, including annual resource allocations, future requirements, and operating forecasts. 3.3 Mergers and Acquisitions People doing mergers and acquisitions are similar to finance analysts. Only that their focus is on synergies, cost savings, and coinsurance effects that may result from combing firms in similar or dissimilar industries. 3.4 Sales and Trading Sales and trading encompasses a broad spectrum of jobs within an investment bank. Salespeople generate new business by obtaining clients for the firm. Traders concentrate on developing systems and strategies for executing orders to buy and sell securities. Knowledge of the operations of markets is essential to a good trader. 4. My Career Map During my study as a business graduate, I have taken courses in various business subjects such as macro and micro economics, accounting and math. In my free time, I read publications such as The Wall Street Journal, The Financial Times and The Economist. I browse the financial websites everyday to get a update on the latest business markets. I am good at gathering information. I can understand the financial situation of a specific company from its balance sheet; I can read the economic situation of a country from its macropolicy. Moreover, I receive strict training in interpersonal relationships with others. I have skills in communication. Proposal writing and oral presentations is also my competence. Therefore, I consider myself to be fit for becoming a finance analyst. My career map is in Figure 1. Figure 1 Career Map 5. My Career Plan: Finance Analysts Job Title Assistant Finance Analyst Junior Finance Analyst Finance Analyst Level Entry Junior Experience General Description Entry-level professional; uses professional concepts to resolve problems of limited scope and complexity; works on assignments of limited variety and complexity, requiring limited judgment and decision making. Experienced-level professional who knows how to apply theory and put it into practice with full understanding of the professional field; Challenges Uses basic professional concepts. â⬠¢ Applies campus policies and procedures to resolve routine issues. â⬠¢ Works on problems of limited scope with moderate control and review. Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained. â⬠¢ Cultivates internal and external contacts. â⬠¢ Resolves a wide range of issues in imaginative as well as practical ways. Knowledge and Skills â⬠¢ Basic knowledge of financial or accounting concepts, processes and procedures. â⬠¢ Understanding of regulations and best practices concerning financial accounting and services. â⬠¢ Familiar with department chart of accounts and related business processes. â⬠¢ Effective written and verbal communication skills. â⬠¢ Active listening, critical thinking, attention to detail, organizational skills, good interpersonal skills and the ability to multi-task. Basic knowledge in data collection and analysis techniques. â⬠¢ Service orientation â⬠¢ Leadership skills to provide coaching and mentoring to support staff. â⬠¢ Knowledge of core software programs and systems. â⬠¢ Thorough knowledge of finance policies, practices and systems including campus, state and federal rules and regulations. â⬠¢ Knowledge of financial data management and reporting systems. â⬠¢ Active listening, critical thinking, attention to detail, organizational skills, strong interpersonal skills, and ability to multi-task in a high-volume environment. â⬠¢ Able to independently gather, organize, and perform financial analysis assignments. â⬠¢ Advanced knowledge of software programs and systems. Responsibilities â⬠¢ Analyzes financial and/or resource data; prepares and summarizes information. â⬠¢ With supervision, reconciles, researches and resolves discrepancies in financial data. Monitors workflow and productivity in areas such as Accounts Payable, Accounts Receivable, Collections, Purchasing and/or Cashiering. â⬠¢ Coordinates and monitors operations of assigned functional area(s). â⬠¢ May act as central resource for support staff. â⬠¢ Assists with monitoring productivity with the goal of meeting or exceeding standard expectations for timeliness and quality. Identify systematic problems and propose solutions. â⬠¢ Assesses compliance with regulatory agencies and internal policies. â⬠¢ Triages and addresses customer inquiries as appropriate â⬠¢ Ensures the delivery of quality customer service to various constituencies. â⬠¢ Applies professional concepts to resolve issues and to perform moderate to complex analysis. â⬠¢ Gathers and analyzes, financial and resource plans. (Continue) Job Title Senior Finance Analyst portfolio manager CFO / Partner of Company Level Senior Expert Senior Expert General Description broad job knowledge; deals with problems of diverse scopes Recognized expert. Has significant impact and influence on company policy and program development. assigned high level analytical duties that involve in-depth knowledge and understanding of numerous variables and interrelationships. Regularly leads projects of critical importance which carry substantial consequences of success or failure. Challenges â⬠¢Must have good sense of judgment and have proper techniques for obtaining solutions. â⬠¢ Applies wide-ranging knowledge and understanding of campus objectives to resolve complex issues with campus-wide impact in creative and effective ways. â⬠¢ Works on most complex issues with little or no campus precedent where analysis of situations or data requires an in-depth evaluation of variable factors. â⬠¢ May provide guidance to other personnel or supervise professional or clerical staff; may serve as team lead. â⬠¢ May serve as subject matter expert or project manager. â⬠¢ Internal and external contacts often pertain to broad-reaching plans and objectives. Knowledge and Skills â⬠¢ Sophisticated written and verbal communication skills. â⬠¢ Able to use good judgment and decisionmaking and to solve problems. â⬠¢ Leadership skills to provide coaching and mentoring to professional and support staff. â⬠¢ Expert knowledge of campus and systemwide financial processes, policies and procedures, as well as related accounting and regulatory compliance requirements. â⬠¢ Analytical skills sufficient to assess, advise development, and implement financial data management and reporting systems. â⬠¢ Able to communicate complex findings and recommendations â⬠¢ Able to identify, analyze, and report on complex data. â⬠¢ Sophisticated service orientation and ability to lead a team to deliver excellent customer service. â⬠¢ Strong inter-personal skills and ability to work effectively across the organization at all levels. â⬠¢ Skills in project management, leadership, and process re-design. â⬠¢ Ability to multi-task effectively in a varied, high volume environment. â⬠¢ Sound judgment, decision-making, critical thinking, and creative problem solving. â⬠¢ Understands and anticipates different perspectives. â⬠¢ Leadership ability both inside and outside of the department. â⬠¢ Advanced knowledge of software programs and systems and the ability to use them strategically to achieve results. Responsibilities â⬠¢ Ensures that financial processing functions are performed with accuracy and that daily operations run smoothly. â⬠¢ May act as team leader for support and lower level professional staff. Train staff and create effective teamwork environment. â⬠¢ May review, process, and approve financial data and transactions. Documents procedures for financial activities. â⬠¢ Participates in internal audits and processes. â⬠¢ Reads professional literature and attends seminars to keeps abreast of regulations and best practices. â⬠¢ May serve as a project work leader, project manager or subject matter expert. â⬠¢ Interprets policies and advises campus departments accordingly. â⬠¢ Directs the initiation of and/or designs summary reports and background materials regarding a wide variety of internal and external policies and regulations to address a range of issues and the organized implementation of new services, procedures and/or policies. â⬠¢ Coordinates the gathering of budgetary and resource information during planning stages. â⬠¢ Independently performs highly complex financial or resource research and studies for both internal department and external constituents and makes recommendations to maximize financial or other resource outcomes â⬠¢Analyzes and prepares recommendations for new services, systems or processes that have an impact outside of the school or department. â⬠¢ Participates in audits of internal records and processes. â⬠¢ Develops and implements financial transaction processes and procedures; may train campus staff on financial activities. â⬠¢ Regularly leads analyses of industry approaches, trends and best practices. Develops and implements improvements and/or new approaches and services. â⬠¢ Ensures timely and accurate financial activity capture and reporting. 6. My Personal Development Plan Following my career plan, I am going to present my personal development plan in order to prepare to the first job after graduation I need to begin with to reach my dream job. Floodgate and Nixon (1994) described a form of personal development plan with SMART goals. I will apply their format here. Focus Area Current State Desire State Activities Resource Timeline Language Skills English reading and listening is fair; weak in writing and speaking Sophisticated written and spoken skills Taking English courses; Practise English writing and speaking Online English Learning website; English mp3; English learning books 3 months Communication Skills Basic Communication Skills Active listening, critical thinking, organizational skills, good interpersonal skills Work with others; build up team spirit and team working Books on Communication and team work. 1 months Financial Knowledge Prepare for CFA Passing CFA Level 1 Taking CFA courses; CFA books and exercises 9 months Accounting Knowledge Prepare for ACCA Passing ACCA Part 1 Taking ACCA courses; ACCA books and exercises 6 months Data handling techniques elimentry knowledge in Excel Familiar with minitab, advanced Excel Practise data collecting and processing; Software(Excel/ Minitab); Online tutorial 1 month 7. Conclusion and Recommendation This report is about my personal development plan as a finance analyst. I follow the framework of career planning in developing my personal development plan. In career planning, we must identify our likes, dislikes, assets, and weaknesses. This helps us know what we want and who we are. Then we should identifying potential career opportunities. Finishing these steps, we will be able to choosing a career path. After making a decision, we should define targets and an action plan to achieve our goals. As new graduates, everyone wants to find his/ her perfect match job. Always remember, learning and building up your knowledge will provide you the opportunity to the dream job. On the other hand, youll need to develop the necessary knowledge to understand the working environment, tasks, and responsibilities. All these combined will prepare you for your career. But no matter what career path you are on, for your plan to work out, you must work hard and continuously learn more so that you can do more.
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