-75%
Solution
| 1. Learning Journal | ||||
| My learning objectives for this period were | I need to:
1. Understand the external and internal contexts of the organisation and its governance, business, and financial acumen to increase profitability and deliver commercial benefits. 2. Enhance my knowledge of how data relating to products, services, and customers can provide insight into people solutions and refine my skills to apply this knowledge to improve organisational effectiveness. 3. Increase my capacity to lead and support change initiatives and effectively manage the associated risks and uncertainties. 4. Know about resilience in the face of uncertainty and setbacks, and maintain a positive outlook when faced with challenges. |
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| My action plan | 1. I read books and articles on business acumen and commercial benefits, to gain an understanding of the concepts and practical applications.
2. I participated in discussions with colleagues and peers about the topics, to gain a better understanding of the concepts and the challenges associated with them. |
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2. Reflections on learning during this period |
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| What I learned | I have learned that business acumen can provide commercial benefits and promote resilience. It helps me to assess the current situation of Almarai, identify opportunities and develop strategies to achieve desired results. It also enables me to identify risks, develop contingency plans and ensure that the organization is well-equipped for any eventuality. With the help of business acumen, I can make informed decisions that can help the organization increase its profits, reduce costs and protect itself from potential risks. Furthermore, I can use business acumen to create a culture of accountability and responsibility in the workplace, enabling the organization to be better prepared for the future. | |||
| Evidence | 1. Developed an understanding of the external and internal contexts of the organisation, including governance, business, and financial acumen. Utilized resources such as books, articles, and business periodicals to gain insight into the industry and Almarai. [July 2022]
2. Gained a better understanding of how data relating to products, services, and customers can provide insight into people solutions for Almarai. [May-July 2022] 3. Enhanced my ability to lead and support change and increase resilience in the face of uncertainty and setbacks. [June-July 2022] 4. Utilized resources such as books, articles, and online courses to learn more about change management, communication, and resilience. [February-May 2022] |
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| Conclusions | Overall, not only have I developed an in-depth understanding of business strategy, but I have also gained valuable insight into the importance of staying informed and up-to-date with the latest industry trends and news. In addition, I have learned how to assess risks, develop strategies to reduce them, and create a culture of resilience both within myself and organisations. Finally, I have gained the skills necessary to effectively assess and measure the commercial benefits of various business initiatives and strategies. All these skills and knowledge will prove invaluable in helping me to achieve success in my current and future business endeavours. | |||
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3. CPD |
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| Key Dates | What did I do? | Why? | What did I learn from this? | How have / will I use this? Further action points. |
| February 2022 – July 2022 | I reviewed Almarai on business and financial acumen. | To learn use of business and financial acumen to drive strategic decisions around talent acquisition, Almarai design, and learning and development initiatives. | I know how important to understand Almarai business and financial aspects. | I will use my knowledge in areas such as analytics and data-driven decision-making for Almarai. |
| Attended meeting with employee satisfaction assurance team in HR for evaluation of current process. | To know how to use employee experience insights to create a more engaging and productive workplace in Almarai. | I am familiar with the latest employee experience trends and best practices, such as employee engagement, diversity and inclusion, and work-life balance. | I will gain skills and knowledge, so I should take advantage of online courses, workshops, and certifications to stay up-to-date on the latest trends and best practices. | |
| Attended meeting with SDG expert for evaluation and read articles and books on sustainable competitive advantage. | To understand how to strategically position Almarai for sustained competitive advantage. | I understand about Almarai’s competitive landscape, market trends, and financial performance. | I will attend conferences and networking events to gain insights from other HR professionals and to stay up-to-date on current strategies so I can bring best practices in Almarai, |
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