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Casual Articles - Professional Life - Cycle - Different Phases of Your Professional Life
This segment will explain the essentials of how a bank evaluates the inventory that is offered as collateral for a business loan or an operating line of credit. As explained in the segment on equity, this is not supposed to be a text book course, but explains briefly what you will encounter in the real world of business finance.These comments are not for the retail business; they apply to wholesalers, importers and manufacturers.The amount of money the financial institution will be prepared to lend you will depend a great deal on the amount and ease of realization of the inventory collateral you can offer to cover the loan, in case there is a default in repayment.It is not just the amount of the collateral, but the quality of the collateral, and whether it would realize enough to repay the loan if there was a liquidation of the business.A typical example might be that your
In theory, January should be a spectacular month on your career calendar. You are returning invigorated after the holidays with bubbling enthusiasm, elevated energy levels and purposeful actions around your career. You are impatient to unleash your creativity and feel great about your contribution. Yeah right! It is a far cry from reality where many people head to the office with a sullen look, depleted energy and wobbly actions. Not to mention the financial weight of surviving until pay day and the heavy debt pile from last month.Against this backdrop of going through the same disappointing experience as last year, the ‘old’ year resolutions from the past, such as ‘I want another job’ or ‘I want to start my own business’ come hurtling back with new magnetism. Within weeks of scribbling them down on the to-do list, these well-intended resolutions go from being an irresistible idea in your mind to zero
Broadly speaking, our life can be divided into two parts:
1) Personal, Private or Family Life and
2) Career or Professional Life
Each of the above two can be further divided into different stages. The various stages of Private Life are: Infant, Child, Adolescent, and Adult (Husband / Wife), Parents, Feeder / Earner / Developer and Counselor / Guide / Mentor. Similarly, in a professional life, the different stages that we can have are: Trainee (Learner); 1st Level Executer; 1st Level Administrator / Organizer (Team Leader); Manager; Strategist; Chief Executor (CEO); Chief Administrator (CAO or COO); Corporate / Industry/ Business Leader; Coach; Mentor. In both the situations, it is very difficult to move from one stage (or role) to another; one needs to be mentally, emotionally and psychologically prepared for it. It is only due to the insecurity of an individual, his or her inefficiency to move to another role that we usually see people in the role of Patriarch and BOSS. For the purpose of this article, we will be concentrating only on the different stages of Professional Life.
Different Stages of Your Professional Life
1) Trainee (Learner): This is the beginning of your career. Usually it comprises 2-3 years. During this phase, the individual learns about the expectations of his profession and expected corporate behavior. You learn about the practical aspects and implementation processes of the theory that you have learned in your graduation, post-graduations and during your management studies. This phase also gives
How many people have worked from nine to five for 40 to 50 years and have nothing to show for it? How much is your time really worth? Most of us do not have the money to invest in advertising on the Internet. But, do you have the time? How about one to three years? Many people are drawing 6-figure incomes from the Internet within only a few years. More millionaires have been created on the Internet then in any other way in history. But, you will have to invest your time!There are many proven, free advertising techniques available to anyone who would take the time to learn how to use them.Here is a list of ideas that you can use to advertise online for free. They may be free, but remember that any accomplishment takes persistence and effort.1. Articles. By providing valuable information on a topic that is related to your business can help you build your credibility and drive traffic to your
Different Stages of Your Professional Life
1) Trainee (Learner): This is the beginning of your career. Usually it comprises 2-3 years. During this phase, the individual learns about the expectations of his profession and expected corporate behavior. You learn about the practical aspects and implementation processes of the theory that you have learned in your graduation, post-graduations and during your management studies. This phase also gives
All true winners in life have certain characteristics. If you want to be a winner, you have to develop the same characteristics. These characteristics are the keys to ultimate happiness and success. Here are the two most important keys.I've been writing about how important it is to have high, unconditional self regard. Every winner in life has high self-esteem. High unconditional self regard creates high self-esteem.In the 1950's unconditional self regard was all the rage in the mental health field. Carl Rogers became famous for his form of therapy. The therapist treated a patient with unconditional high regard, hoping that the person would take on this attitude towards himself, and in most cases it worked.You can give yourself unconditional high regard, accept yourself no matter what. Understand that you are doing the best that you can. Be gracious; und
Different Stages of Your Professional Life
1) Trainee (Learner): This is the beginning of your career. Usually it comprises 2-3 years. During this phase, the individual learns about the expectations of his profession and expected corporate behavior. You learn about the practical aspects and implementation processes of the theory that you have learned in your graduation, post-graduations and during your management studies. This phase also gives
Human Resource Management’s role in the company’s success increases each day. In this article I will discuss the reasons for the increasing impact of the HRM and will also talk about HRM in the retail industry.Human Resource Management is a vital function in organizations. It is becoming more important than ever. Line managers are getting involved in HRM, and human resource managers are becoming members of the management team. Also, everyone in the organization can make a contribution to the management of people and the success of the organization at the same time. Human resource management includes a variety of activities, such as the following:What staffing needs to have and whether to use independent contractors or hire employees to fill these needsRecruiting and training the best employees, ensuring they are high performersDealing with performance issues and ensuring its
Different Stages of Your Professional Life
1) Trainee (Learner): This is the beginning of your career. Usually it comprises 2-3 years. During this phase, the individual learns about the expectations of his profession and expected corporate behavior. You learn about the practical aspects and implementation processes of the theory that you have learned in your graduation, post-graduations and during your management studies. This phase also gives
PreambleWhat I am about to share with you is my personal vision of what I am convinced is a workable strategy that can be used to move (especially developing) societies across the world FASTER on the path towards sustainable socio-economic and political development. What I write about here is a strategy which properly implemented can make INDIVIDUALS in many countries worldwide achieve their truly great potentials, and then work together with like-minded others to help their respective countries prosper in ways unprecedented.If on reading the foregoing, you are already skeptical about how workable or realistic my proposed plan is, I urge you to be a little patient and continue reading. Understand that I make these assertions drawing from very deep reflection and extensive personal experience in successfully applying the principles I advocate for adoption in my personal life. AND this, in on
2) 1st Level Executer: To some extant this phase might overlap with your previous phase. In this phase, you get inputs from different sections and you are asked to implement that process and then follow-up. It is like this, your reporting manager or your department head has initiated some policy or process and it is your responsibility to make sure that the policy and process is followed by everyone. You need to follow-up with the people on the floor or at the bottom end. You are also expected to “teach the employees” and make them aware about the processes and procedures, its purpose, impact, regards and punishment. During this phase you need to work very closely with your Reporting Manager and take his inputs and at the same time need to make your own identity. You need to take your decisions through your Reporting Manager. Here, you are process owner. Based on your efficiency, willingness to learn and grow, this phase might last for 2-3 years.
3) 1st Level Administrator / Organizer (Team Leader): Now, that you know the practical aspects of your profession, you have selected a domain with in your selected profession
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