Professional Development and Business Communication

Question: Describe about the career planning reflection. Answer: Values can be defined by different people in different ways. To me, values are the guiding principles, which help me to make right choices for my life and enriched my characters. It is true that there are hundreds of values of which I have few that provide rigidity to my decisions and help me to avoid compromising in any circumstances. According to Nadkarni and Herrmann (2010), personal values play a greater role to develop a successful career. The list of values that I hold in high regards may include respect, integrity, loyalty, patient, excellence, and leadership. Identification of my values However, I have to admit that identifying the values were not an easy task and took me many years to define my "true values." In order to identify my values first, I focused to identify my qualities and strengths. With the help of SWOT analysis and 16 personality test, I found that I have a strong personality with a positive mind (Avey, Luthans, and Youssef 2010). Working with the senior managers of ANZ as a trainee helped me extensively to develop my communication skills. Conducting regular meetings with the managers of different levels sharpened my communication knowledge. I played a major role in the XYZ bank as a risk manager and specialized in a consumer mortgage department, which helped me to develop better communication skills. On the other hand, I am habituated to work with a team. While, working with a team I have also enriched my leadership style. Apart from this I have learned to handle critical situations and lead a team while in crisis or tight schedule. Despite my stren gths, I have also managed to identify some of my weaknesses. I was born and brought up in a third world developing country; therefore, initially I found it is difficult to cope up with the Australian culture. Apart from this, initially I experienced a cultural as well as communication gap. However, I took initiatives and overcame my weaknesses. Although it was not easy to overcome my weaknesses, I had some great help from my friend and the professors of the institution. I build an alliance with my colleagues in the workplace and soon keep pace with the changing environment. In this journey, I thoroughly enjoyed my friendship with some valuable friends and the guidelines of the professors that helped me to reach my goal. On the other hand, the working with the managers in the XYZ bank was very helpful to sharpen my communication skill. I always like economics and therefore, I pursued my career in the field of auditing, compliance, and financial risk management. However, my long-term goal is to be an accountant manager of a big company. In order to accomplish my goal, I have to build my character stronger with a sharp brain and good communication skill. Defining my destiny According to Caliendo, Fossen and Kritikos (2014), setting a long-term goal is not only important but also essential as the destiny of a person is determined based on his or long term goals (5-10) years. In order to reach my goal, I have to develop a proper life plan. I found that my earlier studies in school were helpful to enhance my knowledge about finance as my selected subjects were close to the business. The current academic study in the bachelor of business is also helpful to enrich my knowledge about finance and its real-life implementation in the business world. When I reach my destination, I will have a load of responsibilities. Therefore, I am building myself so that I can take care all of my responsibilities. In order to reach my destination, I will need help from different people. In this journey, I found that the help from my friends and class mates were very helpful. The guidelines provided by the professors also helped me to find out my strength and weaknesses, which in turn helped me to develop a unique strategy plan for me to pursue my career and reach my destination. Although I have set up a long-term goal myself, it will be difficult to know when I have arrived at my destination. With the passing year and my acquired skills and knowledge, I will aim for a higher target. However, initially, my destination is to be a successful business associates. According to Freling and Forbes (2013), making the right decision is the key to reaching the destination with target time. We became judicial when we have values to govern our decision-making. I have to align my values and actions in crisis to fulfil my destination. In this context, I found that defining hard skills and Soft skills are extremely helpful. Reference Avey, J.B., Luthans, F. and Youssef, C.M., 2010. The additive value of positive psychological capital in predicting work attitudes and behaviors.Journal of Management,36(2), pp.430-452. Caliendo, M., Fossen, F. and Kritikos, A.S., 2014. Personality characteristics and the decisions to become and stay self-employed.Small Business Economics,42(4), pp.787-814. Carnegie, G.D. and Napier, C.J., 2010. Traditional accountants and business professionals: Portraying the accounting profession after Enron.Accounting, Organizations and Society,35(3), pp.360-376. Collis, J. and Hussey, R., 2013.Business research: A practical guide for undergraduate and postgraduate students. Palgrave macmillan.