Personal SWOT Analysis

Personal SWOT Analysis Introduction The process of creating my personal development plan (PDP) is a way to gain insight into where I am now and how to position myself to get to where I want to be. Having a PDP is more than having an ideal about a future job or career, it is about goal setting and creating a specific, measurable, realistic and time bound (SMART) road map about how to get there. Understanding the creation and use of PDPs is also, in itself, a useful skill to offer employers as personal development planning and objective setting are mainstays of human resource management in both the public and private sectors in the UK. At this time, my PDP is about getting me on the right track; while in the future achieving the identified objectives may well be necessary to achieve performance related pay and career progression. Commitment to the process of creating a workable PDP is therefore an important task. Where am I now? In terms of my performance on the degree so far, I have realised that I measure performance in a much broader sense than the grades that I have received in my coursework and examinations. Much of what I have learned at university so far has been about learning to manage time and commitments and ensure that I maximize the opportunities available to me. These opportunities include those afforded by my course, the university’s facilities, and also the opportunities that new friendships have brought. I have been pleased with my grades and consider myself to be on-track for a marketable 2:1; I have also received positive and helpful feedback from tutors. More pleasing has been the feeling of increased confidence in group situations with my peers that I have something to contribute and that I have the ability to influence and inspire others. This is particularly important to me as I do not simply aspire to a career in business but to achieve managerial and leadership responsibilitie s early in my career. From my SWOT analysis, the two things that I would identify as being critical to stop doing are spreading myself too thinly across too many interests and rushing onto the next project. The issue of spreading myself too thinly across a diverse range of extra curricular interests is important because, as stated, I have managerial and leadership ambitions. Membership of a wide array of groups and societies shows diversity of interests but it does not show depth and it is also hard to succeed in positions of responsibility within a group if you do not have the time to make a real commitment. The second issue, that of stopping rushing onto the next project is important for two key reasons. The first is that in rushing forward I have realized that I lose time to reflect, and reflection is critical in measuring project success or failure; secondly, in rushing forward, I can give a negative impression to peers that what I am doing now is less important than what I am going on to do[1]. In terms of what I plan to continue to do to maintain my performance, I have identified a good record of attendance at lectures and seminars and managing to keep up with the required reading. The primary reasons why I have identified these as critical factors would appear self-evident: I want to get value for money from my studies and to do this I need to attend lectures and seminars and ensure that I am sufficiently well prepared that I can follow lectures and contribute to seminars and tutorials. There is an additional factor too in that research has shown that attendance and success in coursework and examinations is positively correlated.[2] Brainstorming what I want to start doing brought up several items in my SWOT analysis. From this I have drawn out increasing employability by seeking internship and / or summer placement opportunities and also broadening my reading to develop a greater awareness of current affairs. I have identified the internship or placement as being critical as a successful placement would enable me to further fine tune my career plans in terms of sector sought and which aspects of business to focus on; it will also enhance my CV to future employers by showing that I was focused on my career before my final year. I have also identified broadening my reading as being critical as while I am passionate about business, research indicates that employers are seeking well-rounded candidates who are open minded and have an interest in the world around them[3]. Where am I going? My primary plan for what I hope to be doing within six months of graduating is to have successfully joined an established management training scheme. Having investigated the schemes available, I consider myself well-placed for those aimed at generalists, business specialists (operations / strategy), and also potentially schemes to develop future human resources managers. Given my broad interests in business, I would prefer a scheme that would give me exposure to a range of roles. I am particularly drawn to the MS Scheme, John Lewis Partnership Scheme, HMRC Talent Management Scheme, and also the NHS Graduate Management Training Scheme for these reasons. Given the prevailing economic climate and uncertainty about the health of the job market that I will be graduating into, I propose to a contingency plan of obtaining a place on an MSc Business programme. How do I get there? Action plan outlining three personal objectives for the next 12 months that will help me in my career. References Flannes, SW and G Levin (2005) Essential People Skills for Project Managers. Management Concepts. Stewart, J and V Knowles (2001) Graduate recruitment: implications for business and management courses in higher education. Journal of European Industrial Training, 25, 2-4, 98-108. Appendices Personal SWOT Analysis First Name last Name Contact address: House name, Any town, Postcode E-mail: [emailprotected] Â ¨ Mobile telephone: 00000 00000 Anytown High School Highlights of A/AS and GCSE results WORK Experience Dates Organisation and location Your Role Your Responsibilities and any special projects you were involved in or areas of the business that you found particularly interesting Skills developed during employment: time management skills, giving effective feedback, etc. How this job influenced your application for the type of work you are seeking with this CV. 1 Footnotes [1] Flannes and Levin (2005) highlight the need to show consistent commitment to projects throughout the project cycle rather than focusing on the next stage or next project. [2] See Colby (2004) [3] Stewart and Knowles (2001)

Absorption and Variable Costing

CHAPTER 8 ABSORPTION AND VARIABLE COSTING Learning Objectives 1. Explain the accounting treatment of fixed manufacturing overhead under absorption and variable costing. 2. Prepare an income statement under absorption costing. 3. Prepare an income statement under variable costing. 4. Reconcile reported income under absorption and variable costing. 5. Explain the implications of absorption and variable costing for cost-volume-profit analysis. 6. Evaluate absorption and variable costing. 7. Explain the rationale behind throughput costing. . Prepare an income statement under throughput costing. Chapter Overview I. Product Cost and Fixed Manufacturing Overhead A. Absorption-costing income statements B. Variable-costing income statements II. Reconciliation of Absorption- and Variable-Costing Income A. No change in inventory levels B. Increase in inventory levels C. Decrease in inventory levels III. Overall Evaluation of Absorption and Variable Costing IV. Throughput Costing Key Lecture Concepts 1. PRODUCT COST AND FIXED MANUFACTURING OVERHEAD Product, or manufacturing, costs are comprised of direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. The basic difference between absorption and variable costing is the treatment of fixed manufacturing overhead. * With absorption (full) costing, all costs related to the manufacture of a good are product costs. Therefore, fixed manufacturing overhead attaches to the units being made and is carried in inventory until the product is sold. * Absorption costing results in the preparation of a traditional income statement. Absorption costing is considered GAAP and is acceptable for tax reporting. * Under variable costing, product cost is comprised solely of variable manufacturing costs. Fixed manufacturing overhead is viewed as a cost of being ready to produce, not an actual production cost (i. e. , the cost will remain constant no matter how many units are manufactured). * Fixed manufacturing overhead is treated as a period cost and expensed immediately. * The income statement highlights cost behavior and is presented in a contribution margin format. Variable costing is useful to managers, as it dovetails nicely with cost-volume-profit analysis. 2. RECONCILIATION OF ABSORPTION- AND VARIABLE-COSTING INCOME * The difference between the two approaches is the timing of when fixed manufacturing overhead is shown on the income statement: when the product is sold under absorption costing and when incurred under variable costing. * The two methods will usually produce different income figures. * No change in inventory: production = sales * Under variable costing, all fixed manufacturing overhead is expensed.With absorption costing, the period's fixed overhead flows through to cost of goods sold. * Absorption-costing net income equals variable-costing net income. * Increase in inventory: production ; sales * Under variable costing, all fixed manufacturing overhead is expensed. With absorption costing, a portion of the period's fixed overhead flows through to cost of goods sold and a portion remains on the balance sheet in inventory. * Absorption-costing net income is greater than variable-costing net income. * Decrease in inventory: sales > production Under variable costing, all fixed manufact uring overhead is expensed. With absorption costing, as units manufactured in a prior period are sold, an amount greater than the current period's fixed overhead flows through to cost of goods sold. * Absorption-costing net income is less than variable-costing net income. * The difference between absorption- and variable-costing income figures can be reconciled as follows: Income difference = Inventory change in units x Fixed overhead per unit The difference is likely to be very small over a lengthy time period.3. OVERALL EVALUATION OF ABSORPTION AND VARIABLE COSTING* Pricing decisions * Absorption-cost proponents argue that fixed manufacturing overhead is a necessary production cost. Excluding this element from the inventoried cost of a product will understate the good's cost, which is troublesome for companies that use cost-based pricing techniques. * Variable-cost proponents argue that variable cost is better for pricing decisions. Any price above a good's variable cost results i n a positive contribution margin for the company. Many firms use variable costing for internal-reporting purposes. Given that absorption costing must be employed for external financial reporting, companies can use both methods by making several simple end-of-period adjustments. 1 If a company operates in a just-in-time environment, inventories are kept very low and there will be little change in inventory from period to period. Thus, the income differences between absorption and variable costing will normally be insignificant.4. THROUGHPUT COSTING Throughput costing assigns only the unit-level spending for direct costs as the cost of products or services. * A unit-level cost is incurred every time that a unit of product is manufactured. * All costs other than the throughput cost are considered to be operating expenses of the period. * Proponents of throughput costing argue that this procedure eliminates the incentive to produce excess inventory because all non-throughput costs are e xpensed regardless of manufacturing volume.

Whats Truly Going on with Ubc 2017 Personal Profile Essay Samples

What's Truly Going on with Ubc 2017 Personal Profile Essay Samples Want to Know More About Ubc 2017 Personal Profile Essay Samples? Example III I'm a hard-working and dynamic expert waitress seeking the part of a customer service or catering which will expand my expertise and techniques. To sum up, this profile shows recruiters each of the vital abilities and knowledge a very good administrator should have and it will get the message across very quickly with no cliches. An excellent mixture of the abilities and goals you have without the overuse of Ican help to create your private profile wind up being a good one. Think about a couple of adjectives which best describe you. This profile becomes right to the point by giving a summary of the candidate's in-demand executive assistant skills like office management, and secretarial skills it also highlights the scope of industries they've gained experience in. To learn if your degree needs a Personal Profile, start the on-line app lication procedure and stick to the directions. Understanding of the area and the chosen career will allow you to formulate strong questions and observations. See our digital advertising and marketing CV example. If You Read Nothing Else Today, Read This Report on Ubc 2017 Personal Profile Essay Samples What you wish to share with everyone else on the web depends upon your preference and the social networking platform that you're going to compose a personal profile. I choose to get an easy way of life and consecrate my spare time to my favourite pursuits. Weather proved to be a big element in the tournament. These days, almost everyone is on social networking. There is an enormous lost opportunity cost as it would decrease access to UBC, he explained. List the date you expect to get the degree for the program you are at present in. The purpose is to raise funds so as to help the fire release in Alberta. Don't just supply a list of accomplishments without taking the oppor tunity to reflect on what you've learned from them, and what you would like to keep on learning at UBC. The Most Popular Ubc 2017 Personal Profile Essay Samples As for me, I think responsibility is vital in my life. It also allows you to highlight the essential regions of your experience, achievements and qualifications your employer is probably going to be interested in. If you wish to possess the identical topic just be sure you're not just reiterating what you said in prior questions, but actually applying that experience specifically to what's being asked. Example II I'm a self motivated and conscientious person who has good determination and enthusiasm to be successful. Becoming in a position to be called state champions was one of the greatest feelings on earth. Schedule an interview with somebody in the career field you're studying. It should additionally have a headline sentence at the beginning that sums up the essential abilities and experiences of the author and their career program. In case you be have a rough time condensing your abilities and experiences in 46 lines, write your private profile last. The War Against Ubc 2017 Personal Profile Essay Samples If you discover that it's tough to finish your personal profile, it probably means you are on the appropriate track. A personal profile is essentially an overview of the abilities and experiences you have. Basically, it should pick the experience aspects that are relevant to the target role that relates to the application. Your CV personal profile is just one of the main portions of your CV. New Ideas Into Ubc 2017 Personal Profile Essay Samples Never Before Revealed An essay outl ine is a set of ideas and ideas applicable to the subject issue. It must be composed of an introduction, a body, and a conclusion. Writing an essay about your own personal profile is very simple. Certainly no longer than 1 page. For the time being, let's just concentrate on revamping this essay. Essay writing skills is a tough and time-consuming endeavor.

16 Inspirational Christmas Quotes

We wait a year to celebrate Christmas. Yet when we plan our celebration, we tend to forget those who serve us unfailingly. We gather around the Christmas tree with friends and family. But we forget to invite those who are alone in this world. This Christmas, bring joy to others with an act of kindness. Use these inspirational Christmas quotes to teach you the real meaning of giving. George Matthew Adams, The Christmas Heart: Let us remember that the Christmas heart is a giving heart, a wide open heart that thinks of others first. The birth of the baby Jesus stands as the most significant event in all history, because it has meant the pouring into a sick world the healing medicine of love which has transformed all manner of hearts for almost two thousand years... Underneath all the bulging bundles is this beating Christmas heart. Taylor Caldwell: I am not alone at all, I thought. I was never alone at all. And that, of course, is the message of Christmas. We are never alone. Not when the night is darkest, the wind coldest, the world seemingly most indifferent. For this is still the time God chooses. Ann Schultz: Let us keep Christmas beautiful without a thought of greed, that it might live forevermore to fill our every need, that it shall not be just a day, but last a lifetime through, the miracle of Christmas time that brings God close to you. Helen Keller: The only real blind person at Christmas-time is he who has not Christmas in his heart. Charles Dickens: It was always said of him, that he knew how to keep Christmas well, if any man alive possessed the knowledge. May that be truly said of us, and all of us! And so, as Tiny Tim observed, God Bless Us, Every One! Dale Evans Rogers: Christmas, my child, is love in action. Every time we love, every time we give, its Christmas. Bess Streeter Aldrich: Christmas Eve was a night of song that wrapped itself about you like a shawl. But it warmed more than your body. It warmed your heart... filled it, too, with melody that would last forever. Alexander Smith: Christmas is the day that holds all time together. Wendy Cope: Bloody Christmas, here again, let us raise a loving cup, peace on earth, goodwill to men, and make them do the washing up. Louisa May Alcott: The rooms were very still while the pages were softly turned and the winter sunshine crept in to touch the bright heads and serious faces with a Christmas greeting. Alfred, Lord Tennyson: The time draws near the birth of Christ: The moon is hid; the night is still; the Christmas bells from hill to hill answer each other in the mist. Mother Teresa: It is Christmas every time you let God love others through you... yes, it is Christmas every time you smile at your brother and offer him your hand. Orson Welles: Now Im an old Christmas tree, the roots of which have died. They just come along and while the little needles fall off me replace them with medallions. Ruth Carter Stapleton: Christmas is most truly Christmas when we celebrate it by giving the light of love to those who need it most. W. C. Jones: The joy of brightening other lives, bearing each others burdens, easing others loads and supplanting empty hearts and lives with generous gifts becomes for us the magic of Christmas. Bob Hope: My idea of Christmas, whether old-fashioned or modern, is very simple: loving others. Come to think of it, why do we have to wait for Christmas to do that?