Notes on Strategic Management

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TASK 1: BE ABLE TO ASSESS PERSONAL AND PROFESSIONAL SKILLS REQUIRED TO ACHIEVE STRATEGIC GOALS TASK 1.1: USE APPROPRIATE METHODS TO EVALUATE PERSONAL SKILLS REQUIRED TO ACHIEVE STRATEGIC GOALS To become a person who is capable of thinking strategically and achieving strategic goals firstly we must understand where we stand. Our right now capabilities should first be understood and solved. We as human beings are not born with the skill to think strategically, we have to develop it. Who we are, what we are and are not capable of doing, how we do things, our behavior and attitude towards situations, how we react to things should all be recognized. This is not because we have to do it, it is because we must. In order to be able to think, plan and assess strategically we must first analyze ourselves. Many techniques and tools are available to evaluate one’s skills and abilities. Some of the tools the lecturer recommended and I have used to evaluate myself are: 1. A personal and professional skills test

2. A learning style questionnaire (Honey and Mumford 1936)
3. A VARK test.
4. A Myers Brigg test
5. A Johari Window
6. A personal SWOT analysis
The personal and professional skills test: was done in class with the lecturer and was done in paper. It was a test conducted to identify ones skills personally, professionally and academically. It was a three part test where we had to circle the answer most relevant to ourselves. Each answer had marks and we were scored to the answers we circled. Part one test had a total of 40 marks and I was scored 30 which showed that my personal management skills are halfway there which means I have some skills that needs improvements. Part two test was the teamwork skills test which consisted a score of more than 40 I scored 44 which showed I was a team player. Part three test was done to find out our academic skills and where you are scored 30 or more I had a score of 39 which mentioned I have skills and talents that are valued by employers. (Test done attached with assignment) The learning style questionnaire: this learning style questionnaire was also presented in class by lecturer and was done in paper (also attached with assignment) which helped me find out my learning style and select the type of learning experience that suites my preferred style. This test had 80 questions, answers were not right or wrong we had to tick relevant answer that suites us the most. Scores were a point for each answer we ticked a table was presented to mark answer accordingly. The table consisted four columns, activist, reflector, theorist and pragmatist. Honey and Mumford drew a cycle. This cycle postulated that people preferred different methods of learning depending upon the situation and their experience level thus they move between the four modes of learning, rather than being dominantly locked into one mode. Honey and Mumford's learning cycle says:

* Having an experience
* Reflecting on it
* Drawing their own conclusions (theorizing)
* Putting their theory into practice to see what happens
Based on the result, the learners can then move around the cycle again, jump in any part of the cycle, and then quit when they deem them self as successful (learned the task or material). Their model looks similar to this:

* Reflector - Prefers to learn from activities that allow them to watch, think, and review (time to think things over) what has happened. Likes to use journals and brainstorming. Lectures are helpful if they provide expert explanations and analysis. * Theorist - Prefer to think problems through in a step-by-step manner. Likes lectures, analogies, systems, case studies, models, and readings. Talking with experts is normally not helpful. * Pragmatist - Prefers to apply new learnings to actual practice to see if they work. Likes laboratories, field work, and observations. Likes feedback, coaching, and obvious links between the task-on-hand and a problem. * Activist -...
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