Successful Personal and Personnel Professional Development

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Proformative presents Successful Personal & Personnel Professional Development. Special thanks to Ernie Humphrey, Vice President, Proformative.

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Successful Personal and Personnel Professional Development

  1. 1. THE RESOURCE FOR CORPORATE FINANCE, ACCOUNTING AND TREASURY PROFESSIONALS Successful Personal & Personnel Professional Development Ernie Humphrey, CTP
  2. 2. General Themes Personal Development  Do what you love and love what you do  Learn to change what you can and accept what can’t  Enjoy the journey in reaching your goals and see each a goal obtained as an achievement and an opportunity  Embrace change as it breeds opportunities  It is not only about what you want to do, it is about figuring out how to get there,  Share your career vision up and down the corporate ladder and within your professional network 2
  3. 3. Personal Development Looking in the Mirror What is the correlation between your current skill set and the following:  The strategic direction of your company  The skill sets of your direct reports and your boss  The skill sets of your professional peers  The competitive landscape of your organization’s lines of business  The current and future state of your chosen profession  Where you are in terms of your desired career path 3
  4. 4. Personal Development Defining your Skill Set  Technical Skills  Interpersonal Skills  Inside your organization  Outside of your organization  Outside of the work environment  Leadership Skills  Consensus building  Teammate Skills  Playing nice with others  Facilitating cooperation 4
  5. 5. Personal Development Defining your Skill Set- Cont’d  Analytical skills  Turning challenges into opportunities (embracing change)  “It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change”, Charles Darwin  Thinking “outside the box”  Thinking “inside the box” 5
  6. 6. Personal Development Career Path Self-Assessment Are you on the right career path? ??Having trouble answering this question?? Consider the Following: “Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma - which is living with the results of other people's thinking. Don't let the noise of other's opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.” Steve Jobs 6
  7. 7. Personnel Professional Development Setting the Stage for Success How well do you know your team?  What makes each person tick?  Identify factors that affect individual productivity both positively and negatively.  What are the short term and long term career goals of each person?  What is the level of awareness of the necessity of ongoing professional development of each team member? 7
  8. 8. Personnel Professional Development Setting the Stage for Success-Cont’d How well do you know your team?  What level of personal accountability does each person take for his or her professional development?  What does each team members perceive as their greatest assets and obstacles to achieving their desired levels of success?  What are the actual personal assets and obstacles to achieving the desired level of success for each team member? 8
  9. 9. Personnel Professional Development Setting the Stage for Success-Cont’d How well do you know your team? How well does your team work together?  Which members of your team work well together and why?  Which members of your team do not work well together and why? Do the skill sets of your team members compliment each other and your own skill set?  Learning is most effective when it is a two way street. 9
  10. 10. Personnel Professional Development Take inventory of the skill set of each team member and determine how each person’s skill can be enhanced to improve departmental productivity. Do this yourself and also ask each employee to do a self assessment. If they like what they do they will be more productive.  Work with employees and establish personal accountability for professional development.  Ask your employees what they need to be successful and give it to them.  Teach your employees how to build and utilize a professional network.  Encourage involvement in professional associations. 10
  11. 11. Personnel Professional Development Motivation You must be able to motivate your employees thru a myriad of business conditions  In “good times”, keep pushing, don’t let people rest on their laurels or let them take their foot off the accelerator after a successful project.  In “tough times”, engage your team before you see visible signs of anguish and frustration. 11
  12. 12. Personnel Professional Development Motivation- How?  Create a positive atmosphere and look for opportunities to recognize success.  Hold enterprise-wide or cross-functional meetings that include communication by you and your staff.  Convey to each staff member the importance of their individual role in the department’s and your organization’s success.  Communicate the tough news such as any potential layoffs, struggles in sales, etc. Realism and honesty will be appreciated and may help to quell rumors that may be circulating. 12
  13. 13. Personnel Professional Development Motivation- How?-Cont’d  Give your staff more exposure to the CFO or controller and provide them the opportunity to shine to enhance their individual brand equity  Encourage community involvement by your team to boost morale.  Be flexible, given all that you are asking of your employees, allow them to work from home or occasionally leave early for a child’s school or sporting event  Instill a strong sense of ownership for each team member for his or her own work and that of colleagues 13
  14. 14. Personal Development The Bottom Line  Do what you love and love what you do  Actively manage your career in conjunction with your personal and professional skill sets  Create, maintain, and communicate your vision for your career  Recognize the power of self awareness 14
  15. 15. Personnel Development The Bottom Line  Know what makes each person tick  Understand and manage the dynamics of your team  Ask each person what they need to be successful and give it to them  Honest communication mitigates unproductive behavior  Establish personal accountability  Be cognizant of what you are asking of each team member and actively manage morale 15

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