Reflection Paper 1
This semester, I have learned quite a lot from all my lecturers as they have provided me with the knowledge that I did not have before. To be precise, this course has increased my understanding and knowledge on succession planning as well as the impact that has on a firm’s productivity. I am now aware that succession planning ensures that an organization can successfully plan for its future as well as the present. This means that suitable employees need to be chosen in advance so that they can be prepared for key positions. In turn, if the organization is faced with a crisis, the employee who is in the succession plan can easily and effortlessly take over their new position. Therefore, the productivity of a firm increases because the employees are motivated and this increases their productivity; ultimately, this has a positive impact on the overall productivity of a firm.
The assignment that was given in this course was to be done in groups and this had quite a positive outcome. The individual members of my group all contributed informative ideas during the process of brainstorming. Furthermore, during group meetings, all the members were punctual and a great sense of teamwork was always present. A group leader was chosen and he delegated the different tasks to each member; hence, we did the assigned tasks as required of us. Once everyone had completed the work, we all met and discussed our findings and then compiled it in a report. I believe that after working in a group, I have gained skills that will assist me in the future, even in the workplace once I graduate.
The topic did not have many difficulties except for an issue that rose during the actual research. It was quite difficult to acquire information from some of the respondents in the bank. They had strict rules on confidentiality, but upon talking with them and explaining the purpose of the research, they were quite helpful. I am glad that I took this course as the assignment has made an impact in my educational endeavors.
Reflection Paper 2
The group project on ‘The impact of succession planning on the productivity of a firm’ has made me know more about organizations. At first, I did not have a lot knowledge and information regarding this topic, but this has now changed. I am extremely confident about this assignment to the point whereby I can give a presentation about it to an audience. I am now aware that most of the world’s successful companies such as McDonalds and Boeing, among others, have successful succession plans. These plans are usually introduced early enough so that employees become accustomed to future job positions. This means that employees can be able to plan for their career as a road map has already been established. In the future, I want to work for a company that has a succession plan for its employees so that I achieve the highest job title available.
The work we did as a group is of the highest academic standards as we ensured that we used relevant research needed to complete the assignment. Personally, I researched various academic journals, books, and the internet in order to obtain information regarding the project. As a result of working in a group, I learnt a lot about the importance of team work. I even made new friends and we made plans to form a discussion group.
The topic proved to be one that could be researched as the economy of Saudi Arabia can benefit from such research. This was the justification as to why we decided to research about the banking industry. However, it is unfortunate that not many of the banks have succession plans. This means that some of the information provided by the respondents was not helpful. Luckily, we were invited by some of the banks to come up with a presentation about succession planning. This assignment has made me fully informed about succession planning and its impact on the productivity of a firm.
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