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Personal Analysis and Career Planning Assignment Sample

Pages Pages: 8

Words Words: 1990

Personal Analysis and Career Planning Assignment Sample

INTRODUCTION

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For each student it is important to develop career plan to make professional life successful after completion of graduation. The job identified as professional career is related to the financial sector organization. To develop future career action plan this is important to perform personal analysis to evaluate current skills and capabilities to identify the skills that are need to be improved and the skills that are need to be considered for the development(Miller, 2017). Personal analysis can be considered as process that can be used to evaluate employability for the identified job in the particular sector. To develop effective career action plan personal analysis will be performed in the report. On the basis of personal analysis process Curriculum Vitae and LinkedIn profile will be developed in report. According to the personal analysis effective career plan will be developed in report to increase employability for the particular job that is identified for professional career after the graduation.

PERSONAL ANALYSIS

Personal analysis process is considered as personal analysis tool. This tools can be used by the individual person to check employability for the particular job in specific organization. Particular sector that I have considered for professional career after the graduation will be financial sector. In this sector I will prefer the organization that are providing financial facility to the clients. Initially I am targeting for junior executive position in company to develop knowledge related to the field and gain more knowledge that is related to the particular sector.For the personal analysis process SWOT analysis can be used to identify personal strengths, weaknesses, opportunities and threats. These factors can be analysed to effectively develop suitable career plan for suitable job in particular sector.

SWOT Analysis

 Swot analysis is considered as most effective process or tool for the personal assessment process. Different business organization and individuals can use this tools to effectively analyse personal capabilities and weaknesses that are need to be addressed to for personal development.

Strengths

 In the SWOT analysis I have identified various skills that are effective and important to get job in finance sector organization. Main strengths that I have identified in the personal assessment process are- I have effective inter personal skills that are useful to develop communication in the work place. The degree that I am pursuing is important to get join in financial sector organization. I am capable of critically analyse different situation and conditions that are important for the finance sector job. I have strong communication skills and language knowledge that is major skill that is important for the professional career. I also have good knowledge of calculative methods that are used in the finance sector. These are some strengths that I have identified in the personal analysis process.

Weaknesses

In the personal assessment process I have also analysed some of weaknesses that are need to be considered in the career plan and personal development plan to mitigate the issues that are result of these weaknesses. Some the weaknesses that I have identified in the personal assessment process are- The major weakness in my profile are- lack of professional experience is major weakness that I have identified in the personal assessment process. Lack of concentration is also major issue that I have identified in the personal analysis. This s is most important in the financial sector job to have strong concentration skill to perform severe calculations as job role. I am also weak at pressure and stress management so sometimes it is difficult for me to handle pressure in the professional job. I so not have any experience or knowledge of the conflict management process in organization. So, it will be difficult for me to handle different type of conflicts in the work place. These are major weaknesses that are need to be focused in the career development plan to get appropriate result in professional career.

Opportunities

The opportunities that I have analysed and evaluated in the personal analysis process are related to the career plan for the financial sector. The major opportunities that I have analysed in the personal assessment process are- I can apply for different internship in different financial sector organization to develop professional experience and it will help me to increase employability in dream organization.Some of technical classes can be considered to learn different tools that are used in the business organization to perform financial calculations and planning. These are major opportunities that are need to be focused to improve the eligibility for particular job.

Threats

In the personal assessment process I have identified some issues that are need to be considered in the career plan to avoid issues in employment process. The main threats that are identified in the process are related to the competition level in the financial sector. There are a lot of graduate are looking for job in financial sector. In can increase the competition level in the interview or selection process. The other issue that is major threat in the employment process is related to the economic stability on the global level. Due to coronavirus many organizations are facing critical issues in financial stability. For this reason many employees has been were layoff in last few months.

 This is how on basis of personal assessment process proper and effective career action plan can be created to achieve success in the future. All the strengths can be considered as capabilities, weaknesses can be considered as skills and factors that are need to be considered for the development.

CAREER ACTION PLAN

Identification of Career Option

There are different career options are available after he graduation but I have selected financial sector as career. Mai reason for selecting this field is related to personal interest. I am pursuing graduation with subjects like finance and accounting. I have identified that according to my interest and education, job in financial sector will be better option for me.Initially I want to work in multinational financial sector organization that offers jobs to graduate fresher. This is how I have selected the job of junior financial executive manager in financial sector organization.

Prioritization

There are different skills are need to be considered for the development but this is not possible to considered all the skills on immediate basis. For this process this is important to perform prioritization of skills that are need to be developed(Gould, 2017). The skills that are need to be developed in the career plan are- Technical skill, stress management skill, concentration skill and conflict management skill. Among these skills technical skills and conflict management skill will be at high priority. The other skills can be considered after the achievement of high priority skills.

Research

To fulfil career objectives this is important to perform critical research of particular sector and position to get overview of the considerations that are need to be managed in the process of career action plan(McKenzie, Coldwell-Neilson and Palmer, 2017). In year 2019, total 1.1 million people were employed in the financial service sector. It was a decrement as compared to the pre global recession figure. At that time total 1.2 billion candidates were employed in the financial sector organizations. Due to global pandemic situation, a large number of employees have lost employment in past few months. This is most critical time to get employment in financial sector. So, it is important to focus on skills and knowledge to get dream job in particular financial sector organization.

Career Goal

The main goals for the career plan are related to achieve dream job in financial sector organization and develop required skills for growth in the organization.

The main goal of the career plan is to develop skills that are crucial to get job in financial sector organization.

Action Plan

Skill

Strategy

Importance

Way to Measure

Timeline

Technical Skills

Vocational trainings and practical learning can be used to develop technical skills.

This is most important skill to get job in financial sector. Candidate must have technical knowledge.

Quality of work and number of mistakes can be considered to measure this skill

3 to 4 months.

Conflict Management Skill

Learn and understand various skills of conflict management.

This skill is most important to maintain and develop effective environment in work place(Hartung and Vess, 2016).

This skill can be analysed by evaluating the level of understanding between the team members.

2 to 3 months

Stress Management Skill

Various stress management techniques can be implemented to get rid of issues related to stress.

This skill is important to maintain quality of work in process.

This skill can be measured by analysing quality of work in pressure situation and performance of employee.

4 to 5 months.

Concentration skills

By practical training and by taking break in work hours strong concentration skill can be developed.

This skill is important to maintain quality of work and practices in organization(Savickas, 2016).

This skill can be analysed by evaluating the work quality and number of error in various tasks.

3 to 6 months.

This is how various skills can be considered for the career action plan to improve employability to get job in financial sector organization.

CONCLUSION

This report has been providing critical information about personal assessment and analysis process along with career development plan. Effective personal assessment plan has been developed in report with help of SWOT analysis. On basis of this plan various skills has been analysed for development. To achieve these skills to improve employability in specific organization proper career action plan has been developed in study.

REFERENCES

Books and Journals

Gould, J., 2017. Career development: A plan for action. Nature. 548(7668). pp.489-490.

Hartung, P.J. and Vess, L., 2016. Critical moments in career construction counseling. Journal of Vocational Behavior. 97. pp.31-39.

McKenzie, S., Coldwell-Neilson, J. and Palmer, S., 2017. Informing the career development of IT students by understanding their career aspirations and skill development action plans. Australian Journal of Career Development. 26(1). pp.14-23.

Miller, C.L., 2017. CAREER ACTION PLAN: Applying Analytical Thinking Skills in an Online Career Development Course. Career Planning & Adult Development Journal. 33(1).

Savickas, M.L., 2016. Reflection and reflexivity during life-design interventions: Comments on career construction counseling. Journal of Vocational Behavior. 97. pp.84-89.

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