Personal Development Plan

3142 Words13 Pages
Introduction Leadership, a critical management skill, is the ability to motivate a group of people toward a common goal. These items will help you develop your skills as a leader. What is Personal Development Planning PDP is defined as: A structured and supported process undertaken by an individual to reflect upon their own learning, performance and/or achievement and to plan for their personal, educational and career development.( Section 28 Guidelines for HE Progress Files) ‘Development is always self-development. Nothing could be more absurd than for an enterprise to assume responsibility for the development of a person’ (Peter Drucker) What are the benefits of PDP? (Section 34-36, Guidelines for HE Progress Files, 2001). PDP…show more content…
What goods and services does a government want to provide? To what extent does it believe in subsidising firms? What are its priorities in terms of business support? Political decisions can impact on many vital areas for business such as the education of the workforce. Government policies can interfere the professional’s qualification, or in consistency of government can make problems for services sector. Economic factors. These include interest rates, taxation changes, economic growth, inflation and exchange rates. If the economy is not growing and inflation starts to rise, it can effect on individual jobs and companies may be liquidated and a lot of professionals may become redundant. Social factors Changes in social trends can impact on the demand for a firm 's products and the availability and willingness of individuals to work. New clients will not attract in my firm because they are loyal to their consultancy firms. My firm may not provide quality services. Technological factors Technological factors include ecological and environmental aspects, such as R&D activity, automation, technology incentives and the rate of technological change. If any firm fails to implement new technology changes, it will not possible to survive in the market. Individual and firms need to be implemented technological changes so they can utilise to achieve their objectives. 1.2 Establishment of future goals The goals can be established

More about Personal Development Plan

Get Access