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Individual Reflection: Blueprint for Professional and Personal Growth: Your Future as a Manager - Assignment Example

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Crucial among these was lesson on aligning stockholder and management interests. This topic impacted on my understanding of financial management concepts by…
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Individual Reflection: Blueprint for Professional and Personal Growth: Your Future as a Manager
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As part of the impact that the course has created, there are several ways that my thinking about the role of the manager has been changed. Initially, as far as the role of the manager is concerned, I did not think much about meeting the interest of other stakeholders. As a result, my thought of the role of the manager was only focused on day-to-day administration of the workplace that ensures that the financial needs of the organization are achieved. Today, my thinking has changed as I have come to know that the role of the manager must not be performed in isolation but must be well aligned with all other stockholder and management interests.

In my own organization therefore, this will support financial management because financial management will now be undertaken as a shared responsibility. Based on this transformed learning that I have personally gained, I am very confident that any other managers with similar knowledge would experience tremendous positive change within their organization. This positive change is expected to come within the organization because the financial management procedures, outcomes and decisions made from them will be such that they will be focused on all stakeholders, therefore avoiding any forms of workplace conflicts that have to do with finances.

Often, some stakeholders within the organization have felt that the financial interests of some other stakeholders have been better served than theirs, leading to workplace conflict (Perrini, Russo, Tencati & Vurro, 2011). Indeed financial management within the organization has a direct influence and bearing on both social responsibility and social change. This is because almost all modalities used in undertaking corporate social responsibility can be identified to be capital intensive. Meanwhile, in the absence of prudent and effective financial management, chances that the organization will be well

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