Introduction This assignment is about analyzing our own personality and behavior and focusing on developing the behavior

which will help in building different characteristics that are needed to become an efficient strategic manager. This will explore personal development as a manager and leader within the Authors role of a senior manager who was recently promoted as CEO of the company. As I use to be as a GM of the subsidiary company within the group, this assignment will bring into focus different skills and traits that will help an individual to build his managerial as well as leadership skills that are important for the success of CEO of the Group of companies. This assignment covers following areas: Section 1 will show the understanding of management and leadership; Section 2 will focus on personal and professional skills which are required to success and personal audit will be carried out to evaluate the strategic skills needed to meet peak level requirements;. Section 3 covers strategy for personal and professional development to achieve personal and work objectives.

Section 1 Understanding of Management and Leadership The key to business largely depends on good leadership and effective management, Leadership is about strategic management and could be defined as activity of thinking, acting and influencing to achieve a common goal. It is the ability the setting so everyone feel empowered to contribute creativity to solving the problems. It involves the following features: Establishing of the vision; Sharing the vision with others, so that they will follow willingly; Providing the information knowledge and methods to realize that vision; Coordinating and balancing the conflicting interest of all members and stakeholders Leader steps up in times of crisis and is able to think and act creatively in difficult situation. Management is a group of individuals taking decisions about how a business is run and also perform some duties like problem solving, decision making, planning, meeting, team management, delegation, and personal development. Despite similarities in the general activities of management, the job roles of individual managers differ widely and the work of manager is varied and fragmented according to business needs and depends on their abilities. - ? Management is the process of getting work done effectively and efficiently with and through other people and choose the best way which is in the best interest of the organization and for the team. 21st century management is not business management. It is particularly important for the growth sector of a developed society and Management is the specific and distinguishing organ of any and all organizations. (Drucker, 1999) Unlike management leadership cannot be taught, although it may be learned and enhanced through coaching and mentoring.

Good managers combine solid direction and strong leadership with objectivity, compassion and the right amount of delegation. Whatever your style, it is important to be consistent and fair.
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Managers tend to be more rational, objective and driven by organizational needs, while leaders are more visionary, emotional and inspirational in nature. Although the ideal for a good manager is to be a good leader as well, it doesnt always work out that way. A great leader has drive and personality in addition to management ability. A great manager may lack those qualities. However, some managers can also become great leaders. While becoming a leader is something strives for, the transformation is never sure thing.
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There is no "magic combination" of characteristics that makes a leader successful, and different characteristics matter in different circumstances. This doesn't mean, however, that we can't learn to be an effective leader. We just need to understand the various approaches to leadership, so that we can use the right approach for our own situation. One way of doing this is to learn about the core leadership theories that provide the backbone of our current understanding of leadership. ? Every leader is different, and no single theory works for all leaders. Allisen Penn in his work Leadership Theory Simplified is speaking about the following leadership theories. Great man Trait Behavioral Contingency Transactional Transformational

Based on the analysis of my person, methodology of management what I use within the company, I think Transformational Theory is most appeal to me. Transformational Theory, also known as Relationship theory says that leadership is a process in which the leader engages others, builds trust and creates a connection that increases the motivation and morality in both the leader and the follower. (Northouse, 2001). A transformational leader focuses on others and their needs in order to help them reach their potential. In many ways, transformational leadership is about a leaders ability to create a vision related to a goal that has meaning for both the leader and follower. Transformational leadership is recognized as the best leadership style to use in business. Transformational leaders show integrity, and they know how to develop a robust and inspiring vision of the future. They motivate people to achieve this vision, they manage its delivery, and they build ever stronger and more successful teams.

However, we'll often need to adapt our style to fit a specific group or situation, and this is why it's useful to gain a thorough understanding of other styles. Analyzing all existing theories, I think that "Transformational leadership," is the most effective style to use in most business situations. However, I can become a more effective leader by learning about these core leadership theories, and understanding the tools and models associated with each one. Transformational leadership was welcomed by John Adair (b.1934) - one of Britain's foremost authorities on leadership in organizations. Before Adair and arguably still today people associated leadership with the so called 'Great Man Theory'. ? Adair approached leadership from a more practical and simple angle; by describing what leaders have to do and the actions they need to take. His model was figuratively based on three overlapping circles representing: Achieve the task. Build and maintain the team Develop the individual.

Creating charismatic 'Great Man' leaders is difficult and cannot be relied on. You cannot guarantee that such a person can be developed and, once developed, that they will be reliable. Adair's theory is more practical and shows that leadership can be taught and that it is a transferable skill. The three circles in Adair's model overlap because: 1. The task needs a team because one person alone cannot accomplish it. 2. If the team needs are not met the task will suffer and the individuals will not be satisfied. 3. If the individual needs are not met the team will suffer and performance of the task will be impaired. ?

Section 2 Assessing and Planning for professional Development Companies face various drivers that influence the quality and availability of expertise in their operations: ageing workforce, employee mobility, hand-over in projects and programs, transfer of knowledge within their network. When not managed in a systematic and professional way attrition of critical Knowledge and experiences might expose companies to vulnerability and risks in business continuity and operational readiness. ? To remain competitive in todays dynamic environment, organizations must have employees who maintain and assess their knowledge and skills. One quick and efficient means of assessing knowledge is the use of Self-assessment - how much we know or have learned about a particular domain.

Company CEO is required to successfully communicate with impact at all levels of the organization, along with setting expectations and boundaries with senior level managers. As I am a existing General director of a company with 10 + years of professional experience of Business Planning, Sales Management, Crisis Management, Risk Management, Financial Analysis in Banking and Industry, I would like identify areas of critical knowledge and skills required to perform at peak level in new position, listing the essential traits of a good CEO: Select the best people - Gives a better chance to succeed by picking the best people from the start. Be a motivator - people do good work for the pay, or the prestige, or the recognition. They work really hard because they want to impress someone. To motivate people better, necessary to figure out what they want and how I can give that to them for doing what you want them to do. Build Your Team - It is not enough that people are motivated to succeed at work. They have to work together as a team to accomplish the group's objective. Be a Leader, Not Only a Manager - Motivating a team is worthless unless we provide direction; unless we turn that motivation toward a goal and lead the team to it. It is the ability to lead others that truly sets a manager apart from their peers Improve as a Communicator - Communication may be the single most important skill of a manager. I can't be a leader if I can't communicate my vision. I can't motivate people if they can't understand what I want. Get Better At Managing Money - To stay in business, a company has to make money. That means bringing money in the door and it means spending less than we bring in. I can help company, employees and myself be getting better at managing the company's money. Get Better at Managing Time - The one thing I will probably have less of at work than money is time. The better I get at managing time, mine and others, the more effective I will be as a manager. Improve Yourself - Don't focus so hard on my people that forget about myself. Identify the areas in which I am weak and improve them. Practice Ethical Management - ethics is important in business. We have has an obligation to all of our stakeholders, not just our shareholders, and these obligations should be met Our decisions should not be wrong and should not involve any illegal activities. Take a Break - we are less effective as a manager if we are over-stressed. we are less tolerant. we snap at people more. No one wants to be anywhere near us. And it is necessary to take a break, to have a chance to relax and recharge our batteries. Our increased productivity when we return will more than make up for the time we take off. And as Murray Raphel says in his Art Business News, Successful Business People: Constantly set higher goals, Avoid "comfort zones", Driven by accomplishments, not money, Solve problems rather than place blame, Look at the worst possible scenario and Rehearse the future as they see it. Recently very interesting training was taken by me at Management Academy, Tbilisi (Modern Methodology of Management, Trainer: Alexander Jejelava). Main purpose to take this training was to evaluate my management methodology, to learn where am I and what kind of manager I am, to find out the gaps and deficiencies, suppress of which would help me to improve my management quality.

This training identified that the management style I am directing is right, but to make it more effectively I need better understanding of myself and my management abilities with evaluating personal and professional skills. Personal skills are very important for an individual and they guide an individual toward professional success. Most important personal skill is the time management. In my point of view time management holds the key for personal success and also professional success. Time management skill is very essential for anyone who has the desire to be at the top. Improving time management skill learns how to do things properly, more efficiently in less time. The US President Dwight D. Eisenhower supposedly once said: The most urgent decisions are rarely the most important ones. Eisenhower was considered a master of time management, i.e. he had the ability to do everything as and when it needed to be done. With the Eisenhower method learns to distinguish between what is important and what is urgent and make work better prioritized.

My job, my family and my studies are most important part of my life at the moment and it needs proper analysis to understand our time robbers: who or what steals our time.

Effective communication helps to achieve personal targets not only in personal life but in professional life as well. It gives more chances to learn fast and provides to achieve most of thing. in the business world nothing can be achieved without of effectively communicating with employers, employees, clients, suppliers and customers. this skill can be practiced and learned. Communication is the art and process of creating and sharing ideas. Effective communication depends on the richness of those ideas. Due to the limited market capacities the companies like mine struggling to get deals, but through the communication skills I have and coaching to my colleagues, we are achieving plans we have set and increasing market share. Being involved in the business, we have to deal with lot customers which require good understand and listening skills, I have been able to deal with this quite well. Good communication skills give me better understand of my job and through my questioning skills I can get more knowledge about my job and customer dealing.

Level D - Directors

Individuals at this level must have a thorough understanding of the theoretical and practical application of the principles of their profession. They generally work to broad goals for their area of responsibility They have significant latitude for making decisions for their operational or functional units People skills are essential Typically 8-10 years relevant experience is required at this level.

Level E - Vice President

Individuals at this level are seasoned professionals in their field of expertise They give strategic to the units under their control They develop and direct short and near term goals for their units Their decision making is only to direction from top management People skills are essential, including the ability to develop subordinates, are critical. More than 10 years relevant experience is required at this level.

My personal career mission is to become the CEO of a leading Company wherein I can leverage customer relationship building skills combined with five years of sales experience and promote publishing works of writers who are talented and struggling to get a place in the media. Owning a publishing house has been my dream for the past 6 years and now after considerable experience as a publishing house manager, I wish to open an independent one." My dedication, management skills and coaching expertise in the

CYZ field can be utilized in this direction for being one of the top performers of the organization To obtain a significant and challenging position as a financial analyst advisor wherein I will learn and excel in finance operation processes. A job that provides me a scope for growth in the finance vertical.

Our mission is to grow the company providing the customers with innovative solutions and high quality sercvice and goods.
By gaining experience, applying flexible policies and through cooperation with the worlds's leading companies, we try to be reliable and trust-worthy partner to our clients and assure them that by cooperating with us, they can get the best goods and services right when and where they are needed.

Mission statement: To make the most of my potential and discover new horizons in the field of acting. To utilize my perfect blend of 10 years active experience and creativity, those enable me to perform in the best possible way for many years."
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To obtain a significant and challenging position as a financial analyst advisor wherein I will learn and excel in finance operation processes. A job that provides me a scope for growth in the finance vertical.

2. My personal career mission is to become a world-class aeronautical engineer in the commercial aviation industry. 3. My personal career mission is to gain experience in the public accounting field toward earning my CPA designation. 4. My personal career mission is to master the leading Web development tools and become a best-inclass Web Developer.

My career purpose is to find meaningful employment where I can apply my proven skill sets to establish/maintain golf course quality within an ever tightening fiscal environment in a manner that will continue to ensure player/member participation levels, as well as sufficient cash flow to comfortably sustain club/course operations.
Personal Mission Examples: Example 1 I am loving, kindhearted, and trustworthy. I care about the poor and keep my promises. I aim to motivate and inspire people to reach their potential. I believe that success comes from within and that my attitude determines how successful I will be. I am open to new ideas. I confront challenges head on and don't shy away from taking responsibility for my actions.

Example 2 I am trustworthy and empathetic towards others. I strive to build trust based on performance. I am committed to growth in my personal and work relationships.

Example 3 I aspire to gain the respect and admiration of others by being open, honest, fair and reliable. I will treat all people with the respect I want and will expect little, but will give a lot. I will keep to my word and will finish what I have started. Career Statement Examples Example 1 My career mission is to develop into an outstanding person in my work and to contribute to the understanding of left-handedness in education. Example 2 My career mission is to become the first women CEO of Software Engineering Inc. and to build a network of companies related to this field, which will contribute to the development and wide spread usage of the company's software packages. Example 3 My career mission is to develop a product that will revolutionize the way that windscreens are repaired.

http://www.mindtools.com/pages/article/leadership-theories.htm Allisen Penn Leadership Theory Simplified Best Practices: Managing People Personal Development Workbook / www.mindtools.com The Themes and Theory of Leadership: James MacGregor Burns and the Philosophy of Leadership Matthew R. Fairnholm, January 2001 Theories of Leadership Adair; Management Styles The 21 challenges of Leadership Ten Things To Do Today To Be A Better Manager By F. John Reh, About.com Guide http://management.about.com/od/careerdevelopment/a/TenThingsToDo.htm Advanced communication skills 2012 MTD Training & bookboon.com (Ventus publishing ApS) Life is an ongoing process. Over the years, our circumstances will change. our priorities will change. Our goals and dreams will change. And thats okay - because change means growth. As we grow,

transform, and broaden our horizons, allow ourselves the freedom to expand and refine our mission statement.