Personal Strategy Plan

For me, five years after graduation is enough time to achieve important goals in life. However, this cannot be achieved without having a well-developed personal strategy plan. Everybody holds the desire of achieving something that is completely different from what they have currently.  Strategy planning mainly entails planning and the organization of the actions of individual’s in the quest of achieving what they have invested their interests in.  For me having a personal strategy plan holds equal significance as having a corporate strategy. This is mainly because the ability to manage personals goals increases the capability of managing corporate objectives more adequately.  My personal strategic plan will work towards achieving personal goals as well as benefits.  This is mainly because the negligence of having a personal strategy that suits my individual life may result in no achievement at the end.  Personal strategy plans based on research  result in success as they  help in setting personal  directions as well as guidance.  My business strategy will be directed mainly by my personal goals as they are directly connected.

Mission Statement

In all working situations,  I will opt on working where my personal integrity cannot get compromised by inspiring, interacting and transforming  individuals life in a positive  way thus making a difference and ensuring that all my actions  are a direct reflection of my existence appreciation.

Vision Statement

            My vision is to utilize innovation to transform the lives many individuals with my capabilities by empowering them to attain effective personalities, career efficiency as well as life success.

I plan on achieving my vision through transformative interactions and becoming a respected and a successful business individual.

Long, Short Term Goals and Career Planning

My short term personal career goals are to own a firm and becoming the way through which individuals achieve business success.  Becoming financially stable and securing security will eventually develop my capability in investing into a business which is my primary goal.  Developing my business and analytical skills a business profession to an expertise level will offer me better grounds for developing beneficial business connections.  Lastly, in acquiring what I need in operating a successful business I will be acquiring intelligence and skills through learning from the successful professions.

Through focusing on the short term goals, I can be completely confident in the context of fulfilling my primary central mission. I am a holder of numerous qualities which makes me a highly attractive worker to the business market potential employers.   My intelligent is well reflected in my engagement as is a person who is full of positive transformations.  The success of the business mainly requires food relations with individuals.  I am an individual who has a professional presentation and adequate social skills that are necessary in developing good relations.  My social skills can make better-structured associations with consumers, employees and the entire relevant individual in my job.

I have a huge passion for serving people and generating transformations in their lives and this will serve my personal goals.  This passion is just beyond my interest in business and this will drive my ability and will of learning more in regard to everything that a business profession is required to know. Learning a firm is a complex task that requires much knowledge, experience as well as skills (May 2010).  My goals are primarily centered on business development and success and my personal strategy cannot exist without business.  It is clear to me that not  all the ventures and goals  that will be a success  and this, therefore, requires good skills  to increase the capability of generating positive results out of  bad circumstances and this  is one of my strength.  I am a quick thinker and a problem solver and these qualities will ensure that better alternatives are taken if my execrations are not met.  Achieving business competitive advantage is one of my long term goals and this requires the application of practical and strategic tools in order to transform this wishes and goals to reality. I am therefore willing to work tirelessly in ensuring that the goals are achieved five years after I graduate from school.

My greatest strength I can describe it as the business success passion. In addition, I have a strong entrepreneurial life-force and am always willing to attempt fresh tactics of achieving things as well as generating money.  The   spirit of running a business has always been an excitement to me since childhood and in the context of the business surrounding   concepts are normally generated easily without much effort.   I have a high ability of easily adapting to situations and generating positive impacts even without expectations or pressure and this is a major strength.  I do not give up or give in to ideas easily without adequate justifications because I believe there is something that cannot be achieved. Innovativeness is highly required in business and my creativity is the greatest innovativeness influence in life. My economic interest is mainly driven by my innovative abilities.

I am a very interactive person and I normally take interactions on personal status which help in understanding individual’s expectations and needs. Given the interaction aspect, I have the capability of developing business as I can easily connect with consumers and develop fresh relationships easily.  Understanding market trends, consumer’s needs, and expectations is a huge influence in attaining business efficiency.  However my above mentioned strengthen cannot be effectively utilized in business without an adequate understanding of my weaknesses. I am not an exclusively meditative individual and therefore reflecting and writing my strategic strengths as well as the fault is normally a complex thing.  I fight this weakness through utilizing the comments and observations of those individuals that surround me. Through their views, I am fully able to understand myself and work on developing my faults for better gains.

My additional weakness that I understand clearly is the lack of adequate working experience and business knowledge that is required in the 21st century which is characterized rapid technological and innovative changes.  Currently, I am fighting this weakness through increased research on the current business trends and operations. In addition to learning am fully able to learn and gain both conceptual and practical skills through different activities.

Personal Analysis

My financial goals are as follows,   revenue and earnings growth,    widen the profit margin, increase the flow of cash, generate higher returns on investment, develop a diversified   ground for revenues as well as attract sustainability.  My  market  objectives are mainly grounded  on attaining  an excellent consumer base and a wider market  through  consumer  satisfaction achievement in all operations.

An evaluation of my firm assets is not very complex as it is based on a business that is aimed at providing consumer services and innovative solutions.  My assets evaluation I indicated by a cash flow of approximately 80,000 dollars which is an inclusion of market cash and bank savings.  Brokerage account current evaluation approximation evaluation is 300,000 dollars.  The business cannot operate without liabilities and in starting a business a bank loan will be required of 300,000 dollars and after a two-year operation, the balance of the debt will be approximately 50, 000 dollars.  Annual insurance of the business operation may total to 80,000 dollars and the gross generation approximation is around 180,000 dollars, basic utilities will be subtracted from the general income that will be generated on annual basis by the business.

Strategic Opportunities

I am an individual with enormous chances that grows continuously with time. I am a lucky person because I established my passion during childhood as have been interested in business conduct for a long period. The world is currently characterized by changes which mean that consumers require more innovative assistance. I have the opportunity of offering the assistance to an increased number of individual because globally is rapidly occurring thus reducing geographic barriers. My workplace has provided me a better chance of growing my professionalism which I will highly require in achieving my strategic goals.

The possible threats to achieving my personal goals are several.  First, the business world is currently characterized by high competition that this, therefore, implies that I need to establish a suitable market which is challenging.  Increased competition reduces market segment for the fresh firms and this is a major threat (Wittmann, & Reuter, 2008).  Moreover, the financial constraint is an additional threat since business operation requires many funds which may result in corporate debts.

With my abilities and huge knowledge in conducting business am certain that I can make a good amount of money. This is mainly because the business world is the sector that is generating many finances currently.  With innovation am certain that I will be able to help more individuals and be able to maintain by long-term goal of business execution.  The fear of what I do not know yet can prove to be a great disadvantage and   therefore in order to achieve m dreams I have to be fully committed to what I do without fail.  Five years after my graduation I can  see  numerous opportunities  as I   can  begin from where I  am  and develop  my skills to get to where I want in a short while.  With the versatility of skills and  adequate  business  knowledge attained from learning,  I  can be able to get to a much higher position in business  and having  done a god research  of the  available jobs in the market currently in I understand clearly that  I can make good out of these ideas.

The business working industry does not only provide an individual with a good earning but a great opportunity of growing skills (Simerson, 2011).  With this aspect, the industry will expose me to innovativeness which will require me to work with the given pace in order to attain effectiveness. In order to be a firm’s executive, I will require taking management jobs which will work to ensure that my capabilities to lead are developed. In addition, I am necessitated to take accounting and marketing training to ensure that my business stays on the success track.

 

 

 

            References

May, G. L., & Business Expert Press. (2010). Strategic planning: Fundamentals for small business. New York: Business Expert Press.

Simerson, B. K. (2011). Strategic planning: A practical guide to strategy formulation and execution. Santa Barbara, Calif: Praeger.

Wittmann, R. G., & Reuter, M. P. (2008). Strategic planning: How to deliver maximum value through effective business strategy. Philadelphia: Kogan Page Ltd.