Week 11 Discussion 2
Describe three (3) concepts or skills you learned in the course that you can apply in your current or future professional life.
The three (3) concepts or skills I learned in the course that I can apply in my current professional life is. The first one is Written Strategic Planning– Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s.
The Second- Budgeting Process- Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income.
The Third- Trend Analysis– is the rampant practice of collecting information and attempting to spot a pattern.
In my current job I utilize these skills on regular bases, working for a Non-Profit Organization I use all but one of the skills. The budget is set prior to the organization receiving funding for the allotted time frame. Working for the Department of Labor, we look at trends and have to maintain a budget daily, as well as the planning process for the organization. The skills I’ve learned will not only benefit me in my professional life, but also personal life as well.
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