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Undergraduate Competency Development part 2

Hala Al Qasab

Sheridan College

Annette Pepenella

February 5th, 2023

Undergraduate Competency Development part 2

Introduction

My U.G.C. Development Project is focused on developing the competency of the Initiative. The Initiative is the ability to act without being prompted and to take the lead in a situation (Ralston & Blackhurst, 2020). I need to develop this competency to be more proactive in my everyday life, both professionally and personally. This essay will discuss the SMART goal I have established, the measures of success, the approach and plan I will use to reach my goal, and the role of other people in my development.

Competency and specific behaviour:

The competency being developed in this project is Initiative, and the specific behaviour actively seeks ways to improve oneself or things. The project focuses on improving the financial aspect of life by saving a portion of the income and learning the best ways to save effectively.

Final SMART Goal

My final SMART goal for the competency development project is to improve the financial aspect of life by saving a portion of the income and learning the best ways to save effectively. save between 5-10% of my income biweekly and build a budget while researching the best practices for saving and keeping track of my spending. The goal is Specific, Measurable, Achievable, Relevant, and Time-bound. Setting a specific amount of money to be saved becomes measurable, and choosing a manageable percentage becomes achievable (Roy & Gupta, 2020). The goal is relevant to financial development and has a time-bound aspect as the employee share plan has a time limit of 4 months for a withdrawal.

Success and Evidence

Success in this project will look like being able to save a portion of my biweekly salary in a savings account and developing a budget that I can stick to and will have researched the best practices for savings and will be able to demonstrate my understanding of how to save effectively.

Recording and Measuring Progres

The progress of this project will be recorded and measured by creating a budget and monitoring spending. A weekly plan will be established to keep track of the progress, including eight weeks of planning. The plan will include the expected progress, resources, and notes for each week.

How to Measure Progress

I will measure my progress by breaking down my plan into eight weeks of activities and goals. During these eight weeks, I will be taking the following steps.

Obstacles

The Horne-Ostberg Morning-Eveningness Questionnaire will be completed to understand the circadian rhythm type and its impact on the project. One obstacle that may arise is the temptation to spend the saved money, which can be overcome by setting a budget and tracking spending regularly.

Reflection:

In this project, support and guidance from others will play a crucial role in achieving the final goal. The support will help overcome obstacles and provide the necessary guidance to achieve the final goal (Dirani et al., 2020). The support can come from a financial advisor or a friend who has experience in budgeting and saving.

Conclusion

In conclusion, my competency development project focuses on developing my initiative competency by attempting to save a portion of my biweekly salary in a savings account, researching the best savings practices, and keeping track of my spending. By following this plan, I can develop my initiative competency, and I am confident that I will be able to achieve my goal successfully. I am prepared to face any obstacles that may arise and look forward to other people's support during the project.

References

Dirani, K. M., Abadi, M., Alizadeh, A., Barhate, B., Garza, R. C., Gunasekara, N., Ibrahim, G., & Majzun, Z. (2020). Leadership competencies and the essential role of human resource development in times of crisis: A response to COVID-19 pandemic. Human Resource Development International, 23(4), 380–394. Tandfonline. https://doi.org/10.1080/13678868.2020.1780078

Ralston, P., & Blackhurst, J. (2020). Industry 4.0 and resilience in the supply chain: a driver of capability enhancement or loss? International Journal of Production Research, 58(16), 5006–5019. https://doi.org/10.1080/00207543.2020.1736724

Roy, S., & Gupta, A. (2020). Safety investment optimization in the process industry: A risk-based approach. Journal of Loss Prevention in the Process Industries, 63, 104022. https://doi.org/10.1016/j.jlp.2019.104022

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2 – UGC Development – Plan (4%) completed and attached for reference

· Complete Horne-Ostberg Morning-Eveningness Questionnaire to understand you circadian rhythm type.

· What did you learn about yourself from that assessment that will impact your UGC Development project?

6. From your research questions in post #1, provide 2 references you have used in research for this project (APA format)

7. A reflection about the role that you would like other people to have in your project (example: support, guidance, coaching…)

Rubric

3 – UGC Development – Update (4%)

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