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7CO03 Personal effectiveness, ethics and business acumen

January 6, 2023
Posted by: Fletcher Samuel
Category: CIPD Level 7

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The fundamentals of human resource management will be covered in this course, and you’ll learn why it’s important for encouraging inclusion, influencing others through ethical business practices, and honing your own set of skills.

In the workplace, it’s frequently stressed how important it is to be a successful employee. But what does it mean to be “successful”? How can you tell whether your coworkers believe they are accomplishing their objectives or not? We’ll learn in this course! We begin by taking a closer look at foundational theories and ideas from various disciplines. These include texts on management theory that specifically address leadership roles as well as organizational behaviour literature on motivation and incentives. By studying these, one can develop the business acumen skill sets necessary in today’s cutthroat marketplace where there are numerous ways that decisions can negatively affect stakeholders if made incorrectly.

Personal effectiveness and ethics are crucial in the modern business world. This course serves as an introduction to how you can improve your decision-making in both your personal and professional lives. Along with these subjects, we also talk about other crucial abilities like leadership growth or financial literacy that are essential for any contemporary entrepreneur.

The Personal Effectiveness, Ethics, and Business Acumen skill sets are crucial because they enable me to accomplish goals while remaining professional, which improves relationships within the team and creates positive first impressions during interviews or presentations.

In any business, acting ethically and making thoughtful decisions are essential. People who possess these qualities should be developed early in their careers because they can only be acquired through experience; otherwise, they may never achieve them.

You will be well-prepared for your future professional journey with this excellent understanding of personal effectiveness, ethics, and business acumen!

Learning outcomes

By the end of the unit, students should be well-versed in the following learning outcomes:

Be able to set the bar high for inclusion principles and values in your workplace.
able to achieve and maintain business outcomes for the organization’s workers.
possess the capacity to learn more effectively to increase one’s efficiency.
being able to persuade others while making decisions and acting with courage and conviction.

Task 1

In order to uphold high standards, ethical behaviour must acknowledge the boundaries and bounds of that ethical practice. The standard requirement for upholding a high level of competence is that ethical practice promotes well-being for all and respects diversity and personal realities. Fair and just procedures that adhere to moral precepts like “do no harm,” “make wise decisions,” and “respect others” are frequently used in the process.

The people doing the practising may have similar views on the overall course of action, but their choices will vary because they draw on various skills, gather information in various ways, or come from research areas or institutions with particular biases. Respectful disagreements are necessary among all of us because they force us to consider the underlying premises of our beliefs. Additionally, it moves us one step closer to achieving consensus.

Task 2

The importance of workplace well-being has increased as mental health problems are becoming more prevalent. It can be challenging for employees to find a company where they feel like their needs will be met because there are so many different businesses in the world; however, this does not imply that there is no space in every nook and cranny. Things will only continue to get better everywhere as long as businesses begin to consider how to best match employee interests with what matters most through strategic planning or even just practical projects.

When it comes to employee well-being, businesses must adopt a comprehensive strategy. Innovative businesses that encourage teamwork and the development of personal integrity stand out as industry leaders, while those that only focus on the internal or external will go extinct within this century due to a lack of innovation from employees who don’t care about what’s going on in the world around them.

There are numerous ways to enhance a business. Promoting health, justice, and personal integrity within organizations is one way to do this. Another is to assess the advantages of collaborative methods both internally and externally across a variety of boundaries for their company’s operations.

Task 3

To accomplish the project or organizational goals, business management includes the elements of financial, marketing, and strategic management. It is crucial to plan and conduct a self-analysis for continuous improvement to maintain challenging business outcomes because all aspects of your work-life need equal attention.

By putting various strategies into practice, business management assists companies in meeting their needs and generating a profit margin that supports profitable expansion. The key ideas in executive leadership can also help you develop personally so that you can become a successful businessperson who combines self-awareness and development with achieving difficult business results.

Consultative coaching enables one to gain this understanding of business expansion. Although consulting is our profession, it’s also a deeply personal endeavour for us. As a result, we give our clients expectations that they cannot meet on their own.

We support the idea of feedback loops for all parties involved and ongoing improvement. It can be difficult to view yourself objectively, so we are here to help you become aware of your biases through doable steps you can take right away.

Finding the right job and standing out from the competition can be challenging for those with little to no practical corporate experience. The good news is that you can start honing your skills and getting ready for the future by using a variety of approaches and strategies.

Task 4

Critical reasoning based on evidence is as important as teamwork or leadership abilities. It is the capacity to comprehend various viewpoints, assess objective evidence, and reach a defensible conclusion.

People need to keep their passion for learning alive because those who don’t will eventually fall behind in an increasingly connected world where many job sites only accept online applications.

Professional growth is essential for careers in fields like engineering and science. A thorough understanding of how things operate offers not only financial advantages but also peace of mind regarding decisions made regarding the changing environment. When arguing for changes in domestic policy or law or social justice, one must stand based on evidence-based critical thinking.

Additionally, learning keeps the brain active. The mind is a muscle, and like muscle tissue, it benefits from exercise for better performance. We can avoid dogma and narrow thinking patterns that might have unintended effects on team dynamics by reading, listening to, or watching materials that are critical of our current opinions or beliefs. Last but not least, by reading various points of view, we can see areas of grey where there can be varying degrees of opinion regarding what is right and wrong, with objectivity serving as the primary criterion for determining what is true or false rather than individual preferences or self-interests.

Task 5

It is crucial to consider our actions as existing on a continuum, meaning that they will change depending on the situation. One might, for instance, err on the side of caution in some situations and be more forceful and assertive in others. Where you want to go with your extremes is entirely up to you.

This question may seem challenging if you are discussing decision-making because it is all too easy for us to persuade ourselves that we are correct even when we are not. Although it may not be done consciously, many psychologists think there are good reasons to save money rather than spend it.

It’s never too late to learn; it’s a lifelong process. Finding a mentor who has a significant impact on your decisions is crucial. They should be able to explain to you how they handle knowledge acquisition, data collection, information analysis and processing, and decision-making based on personal values, professional values, and other values pertinent to achieving goals affecting the task at hand. Understanding personal tendencies toward flexibility when presented with an ethical conundrum is one aspect of effective persuasion. To assess what is best based on all available evidence and avoid blindly adhering to beliefs or presumptions, critical thinking must be combined with appropriate evaluation.