Week 2 Lecture(1) (1)(1) (1).pptx

What really matters to you? Week 2 Miss Amanda Paananen BU73 Week 1 Review Creating a Strategy •Personal Style •Key Skills •Knowledge Base •Interests •Motivators •Self-Assessment Week 1 Review: Kahoot Use your phones Go to Kahoot.it Enter Code on the screen Winner receives 1% bonus mark added to...

What really matters to you? Week 2 Miss Amanda Paananen BU73 Week 1 Review Creating a Strategy •Personal Style •Key Skills •Knowledge Base •Interests •Motivators •Self-Assessment Week 1 Review: Kahoot Use your phones Go to Kahoot.it Enter Code on the screen Winner receives 1% bonus mark added to FINAL EXAM Table of contents • Factors Influencing Career Choice • Goals and Goal Setting • Consider alternatives to traditional jobs • Common Traits of an Entrepreneur GOALS & GOAL SETTING Goals and Making Lists • Long term goals • Short term goals Life goals (also called core goals, personal striving, personal projects, life tasks, future aspiration) are ways to create direction Add structure and meaning to our daily life, helping us learn how to manage our time. Content and Quality of Life Goals Here we look at the CONTENT of our goals ■ What goals are pursued – for example, personal growth or money? Love or attractiveness ■ Why goals are pursued – for example, because I want to or because I have to? ■ How congruent (IN HARMONY) are one’s activities are with one’s values? For example, value-as-amoderator model. Erich Fromm •Erich Seligman Fromm was a German social psychologist, psychoanalyst, sociologist, humanistic philosopher, and democratic socialist. Born: March 23, 1900, Frankfurt, Germany •Died: •Full March 18, 1980, Muralto, Switzerland name: Erich Seligman Fromm Fromm’s Five Basic Human Needs • Need #1: Relatedness The need to form productive love relationships with other people (Love is an attitude that requires mutual understanding and care). Fromm’s Five Basic Human Needs Need #2: Transcendence Conventionally used in the sense of God’s transcendence. But as a human phenomenon we deal with transcending the ego, leaving the prison of one’s selfishness and separateness. Fromm’s Five Basic Human Needs • Need #3 – Sense of Identity The capacity to know and be aware of ourselves as a separate entity. Fromm’s Five Basic Human Needs Need #4 – Frame of Reference (or Orientation) • The need of a person to develop their major ideas into a consistent view of the world. • A consistent way of seeing. • Refers to goals or destinations Fromm’s Five Basic Human Needs • Need #5 – A Need for Excitement To strive for work or a goal According to Fromm… • Two types of GOALS 1) ‘having orientation’ (having wealth and status) 2) ‘being orientation’ (self-actualization) How to know your life purpose in 5 minutes | Adam Leipzig | TEDxMalibu Mindset s • Mindset is defined as how you perceive basic abilities and qualities such as intelligence, parenting, business, relationships, musicality and creativity. • There are two types of mindsets: the fixed and growth mindset. Fixed Mindsets • The fixed mindset believes that qualities are carved in stone. • They are either present naturally or not at all, therefore you are either good at maths or not; you can play sports or you can’t. • People with a fixed mindset tend to focus more on success as winning and achieving, rather than about developing as a person. Growth Mindsets • People with a growth mindset, on the other hand, believe that with experience, effort and engagement, people can grow! • Thus, our abilities are not carved in stone and, although we may be born differing in talents, these talents can be developed over time Growth Mindset vs. Fixed Mindset Factors Influencin g Career Choice Personal Well-Being Are you satisfied with the vitality of your body, mind, emotions and spirit? Feeling completely balanced with regard to your own wellbeing is elusive. Commitment s Where do you draw the line between the time and energy you put into your own well-being, your work and time devoted to loved ones? Work Life Balance Work Environment and Terms of Employment •In Chapter 5 you analyzed what is important to you in the workplace, looking at the content of the work, relationships, autonomy, responsibility and advancement potential. •There is much more to consider. •Many people willingly trade some aspects of job satisfaction for a more favourable work environment or more suitable terms of employment, such as a shorter commute or flexible hours. Factors That Determine Job Satisfaction Other Factors to Consider •Freedom to make career choices is often limited not only by personal priorities and circumstances, but also by market factors beyond your control. •Markets evolve, governments bring in decisions, political influences shift and economic conditions change. •Many roles require specific professional credentials. Graduate-level education is a prerequisite for advancement to senior roles in some organizations. Age and gender can be unofficial, but real barriers. Let’s face it, the law protects you, but you can’t become a ballerina or make the NHL at age 56. •It is crucial to be realistic about these factors. •Direct your energy toward choices that have no barriers for you CONSIDER ALTERNATIV ES TO TRADITIONA L JOBS Traditional Job You trade your skills and knowledge for paycheck, title and status, development opportunities, and job security NonTraditional Your Product Job Knowledge or and Skills Service • One employer, s one contract • Multiple employers, • Start a business • Buy a Contract Work • Involves joining a company for a short time • Contract work is related to a project or a peak in an organization’s business • Can be a few weeks, to months, to years • Full-time or Part-time Consulting • The process of offering information and recommendations at a strategic level to the managers of an organization or to an individual. • Implementation is left to the client. Entrepreneurshi p • The act of creating a business or businesses while building and scaling it to generate a profit. Entrepreneur • someone who starts their own business, especially when this involves seeing a new opportunity Role of Small Business in Canadian society They create jobs. They improve local They fuel innovation. communities. They can grow. They make up a significant portion of the gross 41.9% domestic product in Canada’s economy (2016). Common Traits of an Entreprene ur #1 Vision •Successful entrepreneurs have a clear vision of what their business will be and can concisely articulate its purpose, goals and market position. They have identified (and can succinctly describe) the who, what, where, when and why of their business. #2 Passion •A successful entrepreneur is passionate about their business. It is hard work, • and putting in long hours will be tough if you don’t love what you are doing. •People with passion know what it is that drives them to keep working to •achieve their vision. #3 Tenacity • Entrepreneurs remain tough when the going gets rough. They don’t give up • easily. They can accept rejection and are willing to learn from their mistakes. • They are willing and able to adapt and modify their plan in order to be • successful the next time around. #4 Willingness to work hard •Being an entrepreneur is harder than being an employee. To be successful, the entrepreneur must be willing to put in the time and effort required, often for little or no pay at the beginning. Successful entrepreneurs recognize the risk and necessary work that achieving their goals will entail. #5 Confidence •Successful entrepreneurs have confidence in themselves and in their business. They must believe in their ability and in their idea. Every entrepreneur will face rejection along the way and successful entrepreneurs are those with the confidence to keep going and bounce back after a setback. #6 Flexibility •Things do not always go as planned. A successful entrepreneur is flexible. They •learn from their mistakes and are willing to adapt and change as they go along. •They take advice from others and are open to trying new approaches #7 Can Sell •An entrepreneur must be comfortable selling. Even with a sales team, the leader must be an expert at networking and be able to promote themselves and their business to bankers, customers, suppliers and staff. #8 Prudent with money •Successful entrepreneurs are good money managers. They prudently invest in overhead and always keep track of the money and manage their cash flow. #9 Willing to ask for and accept help • An entrepreneur needs to be a jack of all trades but the most successful •entrepreneurs know their limitations, realize they can’t do everything and are willing to delegate to others. They are willing to ask for help. They seek out and pay for expert advice when needed. #10 Resilience •No matter how successful your business, there will be bumps along the road. A successful entrepreneur is resilient and can bounce back from a setback. They use setbacks as an opportunity to learn and grow. They understand that failure is part of the game. Required Readings •Textbook: It’s your move. A guide to Career Transition and Job Search for Canadian Managers. 4th Edition. ISBN 9781443409070 •Chapter 6 &7 References/Resources Images: https://pixabay.com/ wikipedia.com psychologytoday.com References: : It’s your move. A guide to Career Transition and Job Search for Canadian Managers. 4th Edition. ISBN 9781443409070 Resources: Teacherspayteachers.com