22
Career Plan: Joanne Weddle Joanne Weddle

Business Research Methods - Slides

Embed Size (px)

Citation preview

Page 1: Business Research Methods - Slides

Career Plan: Joanne Weddle

Joanne Weddle

Page 2: Business Research Methods - Slides

Agenda

• Presenter: Joanne Weddle• Project Four Square• Project Overview• Project Scope• Goals/Outcomes• Expected Benefits• Risk/Impact• Performance/Metrics• Conclusion

Page 3: Business Research Methods - Slides

PresenterWho you are

• My name is Joanne Weddle. • Student at Friends University• Semi-retired• Have 27 years experience • Career Transition Stage • Exploring other options for

work.

Presenter• Kansas Air National Guard as a

State of Kansas Employee, however, my job will come to an end on 31 Aug 2013.

• 27 years experience in different capacities with the Government• Federal• Military• State

Employer

• Currently Executive Office Mgr.• Acting Project Manager• Federal Personnel actions• State Personnel actions • Computer Support• Inspection Cycles• Administrative Support

Job Description• I’ve been in my current position

for 3 years, but use all 27 years of prior experience in various capacities

Time

Page 4: Business Research Methods - Slides

Project Four SquareProject Overview

• I will be unemployed as of 31 Aug 2013.

Problem1. Define who I am and what my

needs are.2. Narrow down careers that suit my

personality.3. Compare skill sets to potential

career opportunities.4. Identify an additional requirements

i.e. certifications, degrees etc.. 5. Develop Cost Analysis

What does it need to change to?

• I need a job that best meets my personality and job skills.

What needs to change?1. Have aptitude & skill set to do

many things. 2. Myers Briggs Test to identify my

personality & narrow my options3. Explore each career by skill set

comparison, additional certification requirements, and perform cost analysis before make logical decision.

How to cause the change?

Page 5: Business Research Methods - Slides

Project Overview

Project Overview:

My project changed in the middle of the course because I found out I will be out of work effective 31 Aug 2013.

According to the Myers Briggs Assessment• My results were 92% accurate• Boarder between INTJ & INFJ but tend to lean more toward INFJ. • INFJ represent 1-3% of the population and are very complex• INFJ’s

– gentle, caring, complex and highly intuitive individuals. – Artistic and creative live in a world of hidden meanings & possibilities– Placing great importance on having things orderly and systematic in their outer world. – Put a lot of energy into identifying the best system for getting things done, and constantly

define and re-define the priorities in their lives. – uncanny insight into people and situations allows to operate on a spontaneous intuitive plan.

Often knows things without being able to pinpoint why, & without detailed knowledge of the subject at hand & are usually right. (Psychics)

– put a tremendous amount of faith into their instincts and intuitions. – strong value systems, & need to live their lives in accordance with what they feel is right.– http://www.personalityexplorer.com/Reports.aspx?pp=1&registration=yes&tx=71P98042581210

64U&st=Completed&amt=8%2e95&cc=USD&cm=&item_number=PCDV

• Explore career options for INFJ to identify required skill sets• Compare to my skill sets• Explore any additional requirements & establish a cost analysis for career

change.

Page 6: Business Research Methods - Slides

Project Scope

• The scope of this project is limited to

– My physical, emotional, & financial needs– My INFJ personality traits as an identified by Myers Briggs Inventory.– INFJ recommended careers– My current qualifications & skill sets– INFJs are often happy with the following jobs which tend to match well

with the Confidant/Visionary personality. • Consultant• Designer• Entrepreneur• Educational Consultant • Human Resources• Marketer• Psychologist/Counselor• Psychiatrist• Systems Analyst • Trainer• Teacher/Professor• Writer

Page 7: Business Research Methods - Slides

Goals and Outcomes

Project Milestones, Goals, & Objectives

Develop Career Development Plan: Joanne Weddle

Project Milestone Target Date

(mm/dd/yyyy)

Actual Date

(mm/dd/yyyy)

1. Complete MBT Personality Test 08/26/2013 8/26/2013

2. Identify Skill Sets – MBT Personality, MBT Careers, Resume Skill Sets 08/26/2013 8/26/2013

3. Define & Explore Top 3 Matching Requirements 09/10/2013 09/15/2013

4. Identify Cost of Training, Certification, additional requirements 09/15/2013 10/20/2013

5. Identify potential Salary 09/20/2013 10/20/2013

6. Conduct Cost Benefit Analysis 09/25/2013 10/25/2013

7. Identify Funding Sources 09/30/2013 10/25/2013

8. Complete Final IDP Report 10/05/2013 10/27/2013

9. Complete Final Presentation 10/10/2013 10/31/2013

Page 8: Business Research Methods - Slides

Expected Benefits

• Decrease overall cost of hiring, training, and turnover replacement due to hiring a person whose is incompatible with the positions needs.

Benefits to Company

• Employee finds a job that meets both aptitude, qualifications, and personality traits that is a comfortable job fit. Leads to happy employees who are satisfies with their jobs. In my case, I find a job

Benefits to Customers

• Employees finds a job that meets both aptitude, qualifications, and personality traits that is a comfortable job fit. Leads to happy employees who are satisfies with their jobs.

Benefits to Employees

• Information from this study can assist others in the pursuit of employment.

• Provide valuable resources to explore and costs to consider

Benefits to Others

Page 9: Business Research Methods - Slides

Risks and Impact

• The risk of this project is minimal if projected steps and limitations are followed. Failure to address applicable strengths and weaknesses could result in an improper job fit and could be costly to both company and the employee.

Risks• Focusing on predominate INFJ

personality traits and current skill sets should result in successful career development plan, eventual successful hiring and long term job success that meets the mutual needs of both employee and employer.

Bottom Line Impact

Page 10: Business Research Methods - Slides

Performance/Metrics

• What metrics are currently in place that define current success or failure

Current Metrics• Identify & increase awareness of

personality traits strength & weakness in the work place

• Select a career development plan that best meets the needs of subject based upon their career skill set.

New Behavior/Performance

• How does the system or people behave or perform based upon feedback from the metrics that are currently measured

Current Behavior/Performance• After you have clearly defined how

you want the system or people to behave or perform, clearly define how you would measure that performance

• How will you know that the changes are successful

New Metrics

Page 11: Business Research Methods - Slides

Conclusion

• Please input your conclusion

Page 12: Business Research Methods - Slides

Individual Development Plan (IDP)Status Report

Joanne M. Weddle

Friends University

OML 497 – Special Project

31 October 2013

Page 13: Business Research Methods - Slides

Project Status - Where were we 29 August 2013?

• Last Meeting 29 August 2013 – Individual Development Plan• During that meeting our project was in the early stages.

– Myer’s Briggs Test Personality Profile was completed.• Test Subject = INFJ • Rare Type 1-3% of the population

– 170+ college credits. • 3 Associates Degrees• Almost completed Bachelors degree – Organizational Management

& Leadership

– 27 years experience working for the military • in a variety of professional positions with highly desired skills• Federal, State, Active Duty Military.• Strong Leadership Skills

Page 14: Business Research Methods - Slides

Project Status - Where are we today?

• Project is 95% completed– Management Analyst requires further research – Does not affect final result or IDP product as it is not in the Top 4

• Skill Set Analysis is Completed

• Top 3 (4) Career Exploration– Tie for 3rd place ranking– General Manager & Operations Manager – requires further research to refine & define– Sometimes used synonymously treated as one

• Gap Analysis is Completed

• Certification Review Completed – except Management Analyst

• Cost Benefit Analysis

• IDP Completed

Page 15: Business Research Methods - Slides

Project Status - Where are we today?

Individual Career Development Plan: Joanne Weddle

Project Milestone Target Date Actual Date

1. Complete MBT Personality Test 08/26/2013 8/26/2013

2. Identify Skill Sets – MBT Personality, MBT Careers, Resume Skill Sets 08/26/2013 8/26/2013

3. Define & Explore Top 3 Matching Requirements 09/10/2013 09/15/2013

4. Identify Cost of Training, Certification, additional requirements 09/15/2013 10/20/2013

5. Identify potential Salary 09/20/2013 10/20/2013

6. Conduct Cost Benefit Analysis 09/25/2013 10/25/2013

7. Identify Funding Sources 09/30/2013 10/25/2013

8. Complete Final Report & Recommendations 10/05/2013 10/27/2013

9. Complete Final Presentation 10/10/2013 10/31/2013

Page 16: Business Research Methods - Slides

Summary Budget – List component project costs

Project Component Estimated

Component Cost

Actual

Component Cost

1. Internet access to complete research $60.00 $90.00

2. Cost of research and development – Personnel

$16.43 X 49.75 = $817.50 Estimated

$16.43 X 57.75 hours = $900 Actual

$817.50 $900.00

3. Cost of MBT Assessment $9.00 $9.00

Total $886.50 $999.00

Project Status - Where are we today?

Page 17: Business Research Methods - Slides

Master Skill Set Analysis MBT –INFJ

ResumeMBT /

ResumeStrategic Planner

Consulting

Human Resources

General Manager

Operations Mgmt.

Mgmt. Analysts

Training Dev. Mgr.

Ability to Synthesize 0 1 1 1 1   1 1    

Adaptable 1 1 2 1     1 1   1Analytical Skills 0 1 1 1 1 1       1

Assertive 1 1 2             1Business Judgment 0 1 1 1     1 1    

Communication Skills 0 1 1 1 1 1 1 1    Computer skills 0 1 1   1 1 1 1    Conscientious 1 1 2              

Consulting Skills 0 1 1           1 1Creative 1 1 2   1 1       1

Decisiveness 0 1 1 1     1 1   1Diplomatic Communication 1 1 2              

Empathetic 1 1 2              Energy Level 0 1 1 1     1 1    

Honesty and Integrity 0 1 1 1     1 1   1Independent 1 1 2              

Initiative 0 1 1 1 1 1 1 1   1Integrity 0 1 1     1       1

Leadership Ability 1 1 2 1   1 1 1   1Listening Skills 0 1 1 1         1  

Negotiator 0 1 1             1Organizational Skills 1 1 2              

Patient 0 1 1             1People skills 1 1 2   1 1       1

Problem Solving Ability 0 1 1 1     1 1   1Rational 1 1 2              

Research Skills 0 1 1 1            Resourceful 1 1 2              Role Model 0 1 1             1

Sales Ability/Persuade 0 1 1   1 1     1 1Self Confidence 0 1 1 1     1 1    

Strategic Thinker/Visionary 1 1 2             1Supervision 0 1 1           1  Unbiased 0 1 1             1

Verbal Presentation Skills 0 1 1           1  Work Ethic 0 1 1 1     1 1    

Writing Ability 0 1 1 1   1     1  

Page 18: Business Research Methods - Slides

Master Skill SetMBT - INFJ

Ind. Skill Set

TotalStrategic Planner

ConsultingHuman

ResourcesGeneral

Mgr.Operations

Mgmt.Mgmt.

AnalystsTraining Dev. Mgr.

Totals 13 37 50 16 8 10 13 13 6 18

Combined Percentage       32% 16% 20% 26% 26% 12% 36%

MBT Score       2 2 3 2 2 0 6

MBT Percentage       15% 15% 23% 15% 15% 0% 46%

Work Experience       16 8 10 13 13 6 17

Experience Percentage       43% 22% 27% 35% 35% 16% 46%

MBT + Experience %       59% 37% 50% 51% 51% 16% 92%

Ranking       2 6 5 3 & 4 3 & 4 7 1

Average Salary Per Indeed.Com as of 10/20/2013       $ 102,000.00 $ 105,000.00 $ 40,000.00 $ 53,000.00 $ 63,000.00 $ 69,000.00 $ 98,000.00

Results - Skill Set Rankings & Salary Review

Page 19: Business Research Methods - Slides

Results - Gap Analysis, Funding Sources & Cost Assessments

Employment Requirements Strategic Planner Consulting Human Resources General Manager Operations Mgmt. Mgt. Analysts Training Dev.

Mgr.GI Bill

EligibleStudent

Loan Pay Plan Tuition Repayment

Grants (Not Fully Explored)

Ranking 2 6 5 3 & 4 3 & 4 7 1    

Training Requirements

Master's Degree Optional Optional Optional Optional Optional NC Preferred X X X ? X

Bachelor's Degree X X Optional Optional Optional NC X X X X ? X

High School Diploma X X X X X NC X NA NA NA NA NA

Certification X X Optional Optional Optional NC X X X X ? X

Experience 1-5 years NA X X Optional Optional NC X NA NA NA NA NA

Experience 6-10 years Optional Preferred Optional Optional Optional NC Preferred NA NA NA NA NA

Experience 11-15 years Preferred Optional Optional Optional Optional NC X NA NA NA NA NA

Investment Costs

Development Plan $ 990.00 $ 990.00 $ 990.00 $ 990.00 $ 990.00 $ 990.00 $ 990.00

Application/Member Fee $ 150.00 NA $ 75.00 NA NC NC $ 199.00

Certification $ 400.00 $ 550.00 $ 350.00 $ 750.00 NC NC $ 999.00

Total Investment $ 1,540.00 $ 1,540.00 $ 1,415.00 $ 1,740.00 NC NC $ 2,188.00

Program Benefits (Net Salary)

Projected Annual Salary $ 102,000.00 $ 105,000.00 $ 40,000.00 $ 53,000.00 $ 63,000.00 $ 69,000.00 $ 98,000.00

Previous Annual Salary $ 30,000.00 $ 30,000.00 $ 30,000.00 $ 30,000.00 $ 30,000.00 $ 30,000.00 $ 30,000.00

Net Salary Increase $ 72,000.00 $ 75,000.00 $ 10,000.00 $ 23,000.00 $ 33,000.00 $ 39,000.00 $ 68,000.00

ROI's

Program Benefits (Net Salary) divided by $ 72,000.00 $ 75,000.00 $ 10,000.00 $ 23,000.00 $ 33,000.00 $ 39,000.00 $ 68,000.00

Program Cost (Investment) $ 1,540.00 $ 1,540.00 $ 1,415.00 $ 1,740.00 NC NC $ 2,188.00

Equals Benefits Cost Ratio (BCR) $ 46.75 $ 48.70 $ 7.07 $ 13.22 #VALUE! #VALUE! $ 31.08  

Net Benefits = Net Salary - Invested $ 70,460.00 $ 73,460.00 $ 8,585.00 $ 21,260.00 #VALUE! #VALUE! $ 65,812.00

ROI % = (Net Benefit / Net Investment) X 100 486551.72 507241.38 65471.70 129393.94 #VALUE! #VALUE! 314118.21

NC = Not CompleteNA = Not Applicable

Page 20: Business Research Methods - Slides

Project’s Future

• Repeat the process for other personality types• Increases Master Skills Set Data • Increases Myers Briggs Test Personality Skill Set

Data • Increases Career Exploration Data• Increases Career Requirements Data• Test the Process to Verify Repeated Success• Repeating the Process Allows Opportunity to

Reduce Processing Time• Explore Commercial Applications & Development

Page 21: Business Research Methods - Slides

Individual’s Future

• 6-12 Months Downtime to Focus on ME!!!!!– Focus on Health, & Wellness– EOC Complaint – Finish Bachelor's Degree – Organizational Management Leadership –NLT March 2013

• Pursue Certification with Lean Six Sigma – Black Belt– Investment less than $2000 – Annual Salary - $93,000– Highly Marketable in the Employment Market

• Pursue Certification with American Society of Training Development– Investment Less than $2000 – Annual Salary - $92,000

• Explore Master’s Degree Program – Would like to but significant Cost yet 16 Months GI Bill left

• Explore Career / Employment

Page 22: Business Research Methods - Slides

Question’s

?????????