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www.apicollege.edu.au ©. Copyright APIC 2012
CPD1102 Professional Development & Ethics
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www.apicollege.edu.au ©. Copyright APIC 2012
PART 2
SETTING DEVELOPMENT
GOALS & OBJECTIVES
The Future and You
Envisioning the Future and Setting Goals
Step 1 for Learning and Development Plan
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Peer Assessment
L&D Goals
Competencies Possessed
L&D Plan
Competencies Needed
Values & Ethics
Competency Gaps Opportunitiesfor
Development
ProfessionalBenchmarking
Overall Process
BigPicture
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PD Goals & Career Plans
• Mega trends
• Determine target industry sector
• Strategic goals of employer: Entering new markets or improving the performance of existing projects
• Short term goals: Successfully complete your own training and be certified under selected Standard for a role
• Mid term goals: Grow your career to middle or senior management level
• Long term goals: become a recognised authority and acknowledged expert across heavy engineering & complex projects
• Write a statement of your roles and responsibilities while undergoing training
• Define clearly how you see yourself in relation to the future development of your organisation or industry
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Environmental
Scanning
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• Environmental scanning & team experience lead to:
• Identification of issues/concerns
• These are analysed as future trends and events
• Cross impacts are also analysed
• Alternative scenarios developed & evaluated
• Leading to both policy changes and action plans
(After James L. Morrison, University of North Carolina at Chapel Hill, and Thomas V. Mecca, Piedmont Technical College, 1989)
Environmental Scanning / Team Experience
Issues / Concerns
Defined as EventsDefined as Trends
Trend Forecasts Event Forecasts
Cross Impact AnalysisMost Likely
FutureAlternative Scenarios
Policy Analysis
Action Plans
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Perils Of Forecasting The Future
• “We are living in a period of the most wonderful
transitions which tend rapidly to accomplish that
great end to which, indeed, all history points - the
realisation of the unity of mankind”.
Prince Albert in 1851, at the launch of the Great
Exhibition
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The Future Isn’t An Extension Of The Past
• In 1978 100 scientists participated in predicting the future via responding to 20 questions
• As of 1995 only one of the advances predicted has taken shape
• However, many advances that were not covered did take place
• Retro-respectively, the future predictions of the past look quaint & naïve
• Notwithstanding, this the benefits still exceed efforts, (e.g. enhanced learning)
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Environmental Scanning
Seeks to understand the future uncertainty or major discontinuities in the environment and evaluate their impact on self or organisation
• Removal of uncertainty is not the focus
• Making it visible and ultimately factoring it in is
• Likely future states are considered
• Sources of change are also considered
• Relevant megatrends in particular are studied
• Scenarios developed to represent the likely states and discontinuities
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Developing Plausible Scenarios
• Understand what has happened in the immediate past
• Think of all possible developments that can happen in the near future
• Consider the dynamics of the related industries
• Consider the international scene
• What will be in demand and what will not?
• Use group brainstorming/exchange methods
• Develop alternative scenarios
Activity:
Consider the decisions you have made in terms of your career to date in terms of the elements above.
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Trends Forecasting
• Focus on one industry sector (though in the context of the big picture)
• Gather information from all sources; focus on hard data
• Summarise relevant past trends
• Study historical patterns
• Interview experts
• Consider related industries
• Use an appropriate method to forecast trends
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Megatrends
• Megatrends: summary of facts synthesised from the relevant information
• They define how a particular industry sector or national economy is changing in the next 2, 3 or… years
• Define a pattern and show clear developmental trends
• Useful for blue sky thinking
• See sample, i.e. Our Future World: Global megatrends that will change the way we live
http://www.csiro.au/Portals/Partner/Futures/Our-Future-World-report.aspx
Also see: http://www.weforum.org/
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• China needs to build 85,000 Km additional expressways
and 90,000 Km of railways
• Urbanisation will rise from 43% to 60% by 2020
• Massive challenges faced in energy, pollution abatement,
water resources, healthcare, housing etc.
• All of these require competent project, program and
portfolio managers and strategic leaders
• McKinsey Quarterly (No. 4, 2005) makes a compelling case
for competency development of managers in China
Example Of Relevant Industry Trends In China
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Process To Be Followed By Individuals
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• The same process needs to be applied
• First map the future dynamics in your field
• Thoroughly analyse what emerging trends and scenarios are
• Place yourself in the envisioned future
• What roles you would like to play
• Focus on how you can capitalise on the emerging opportunities and militate against threats
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90% of white collar jobs will be gone within 10 – 15 years
Assumption: smart systems (software robots) will replace
and accurately outperform white collar workers (in my
opinion it mainly refers to some repetitive low level tasks)
In 1970 it took 540 man-days to unload a ship. After
containerisation it dropped to 8 (a 98.5% reduction!!)
The Predictions (Tom Peters, 2000)
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1. The competitive pressure by new e-enterprises
2. Automation of white collar jobs
3. Global outsourcing
4. B2B will link/integrate supply chains: Fast procurement
globally
5. Fast pace of innovation: It took 37 years for radio to get to
50 million homes. The Web 4 years!
Tom Peter’s 5 Drivers for Change
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• Committed to self-designed, do-it-from-anywhere,
with-anybody “career” path
• Works on numerous assignments and jobs in different
capacities often for short burst of times
• Relieved by white collar robots of 95% drudge work
• Adding value through high level intellectual inputs
The Life of a Professional, 2010 (Peters)
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• Leaving her financial planning to her software robot
• Relies on her robotic agent (personalised software) for
promotion and next assignments through the Internet
• Develops her potential through the Net too,
• Delivers her inputs via a far flung virtual teammates
most of whom she has never met
The Life of a Professional, 2010 (Peters)
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Ten Tec-enabled Business Trends to Watch
• Distributed co-creation moves into the mainstream
• Making the network the organization
• Collaboration at scale
• The growing ‘Internet of Things’
• Experimentation and big data
• Wiring for a sustainable world
• Imagining anything as a service
• The age of the multisided business model
• Innovating from the bottom of the pyramid
• Producing public good on the grid
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McKinsey Quarterly e-Newsletter, August 2010
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THE TOP 10 EMERGING TECHNOLOGIES FOR
2013
• On-Line Electric Vehicles (OLEV)
• 3-D printing and remote manufacturing
• Self-healing materials
• Energy-efficient water purification
• Carbon dioxide (CO2) conversion and use
• Enhanced nutrition to drive health at the molecular level
• Remote sensing
• Precise drug delivery through nanoscale engineering
• Organic electronics and photovoltaics
• Fourth-generation reactors and nuclear-waste recycling
By: David King, cited Feb 14th 2013, http://forumblog.org/2013/02/top-10-emerging-technologies-for-2013/
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More Technology Trends
• Mobile Device Battles
– In 2013, mobile devices passed PCs to be most common
Web access tools. By 2015, over 80% of handsets in
mature markets will be smart phones.
• Personal Cloud
– The cloud will be centre of digital lives, for apps, content
and preferences. Sync across devices. Services become
more important; devices become less important.
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More Technology Trends
• Enterprise App Stores
– By 2014, there will be more than 70 billion mobile app downloads from app stores every year. Also by 2014, most organizations will deliver mobile apps to workers via private application stores.
• Internet of Things
– Over 50% of Internet connections are things. In 2011, there were over 15 billion things on the Web, with 50 billion+ intermittent connections. By 2020, there will be over 30 billion connected things, with over 200 billion with intermittent connections. Key technologies here include embedded sensors, image recognition and NFC.
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Will a Masters Degree Improve Your
Employment Prospects?
Growing demand for MBA graduates and other Business Masters
• According to the annual Corporate Recruitment Survey for 2013 from the Graduate Management Admission Council (GMAC), which surveyed employers in 50 countries around the world, 75% of surveyed employers intend to hire MBA graduates this year, an increase on the 71% who hired MBA graduates the previous year.
• Another 2013 GMAC survey of MBA and other Business Masters students in 33 countries worldwide found that a majority of 60% had already received a job offer before graduating. This percentage has been growing steadily over the last five years in almost all Business Masters programs. The highest percentage of job offers was found in China (75%), and the lowest in Europe (55%), but even the European figure shows a clear majority.
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• Main challenges in managing uniqueness, working
creatively, handling major discontinuities and
participating in the global world of trade,
entertainment and leisure
• Managerial competencies needed by individuals
alongside base discipline and socio-cultural skills
• These trends are already with us but will
accelerate
What it means in terms of management
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• The evidence presented suggests that professionals
must undertake:⁻ A proper professional development program in leadership and
management early in their careers to develop themselves
systematically
⁻ This is best studied as a postgraduate degree or diploma
⁻ Provided it is not normative learning
⁻ They also need to engage in life long learning
• Professional competencies are a professional’s main
assets
• Need to be maintained & upgraded continuously
• In case of a change of career one needs to acquire new
sets of perspective, knowledge, skills,…
What Should Be The Goals?
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Future Readings (if interested):
• Managing Uncertainty: Environmental Analysis /
Forecasting in Academic Planning
• James L. Morrison University of North Carolina at Chapel
Hill, and Thomas V. Mecca, Piedmont Technical College
• This article was published in: John C. Smart, (ed). (1989).
Higher Education: Handbook of Theory and Research
(Vol. 5, pp. 334 - 382). New York: Agathon Press.
http://horizon.unc.edu/courses/papers/Mang.asp
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Further Readings
• "Megatrends", John Naisbitt, Macdonald & Co.,
London, 1984 (ISBN 0 7088 2508 7)
• "Profiles of the Future", Arthur C. Clarke, (Revised
1973), Victor Gollancz Ltd., London, (ISBN 0 330 23619
9)
• "Prophecy and Progress", Krishnan Kumar, Allen Lane,
London, 1978 (ISBN 0 7139 1146 8)
• "The Third Wave", Alvin Toffler, William Collins Sons &
Co., London, 1980 (ISBN 0 330 26337 4)
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