StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Analysis of Efficiency in Role - Essay Example

Cite this document
Summary
As the particular paper "Analysis of Efficiency in Role" outlines, the young enterprise secretary information sheet pointed only a few roles of the company secretary. The author of the paper will discuss them and compare them to my personal experience…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Analysis of Efficiency in Role
Read Text Preview

Extract of sample "Analysis of Efficiency in Role"

The role of a company secretary is keeping all leader board members and shareholders up to date with company policies and decisions is another crucial role in my opinion as in any lack of communications the workflow can be interrupted and precious time can be wasted. On the other hand, keeping records and communicating with suppliers should be a separate role under a purchases department, that department should analyze marketing information and sales reports to anticipate the future supply needs and compare market prices with offers and freight. Finally, maintaining records of business meetings is an important part of the roles assigned to the secretary. In that regard a continuous follow-up can boost all other functions and remind them of their own deadlines mentioned and approved in the regular meetings, this can make the company leader work in following up with the progress of each department a much easier task, as well as the other roles in an organization.

Analysis of efficiency in role (Own strengths and weaknesses)

Personally, I think my long experience in administrative roles had helped me significantly to cope with the presented tasks. I’ve had a real-life experience as a committee secretary for two years in my 15 years of work experience. In addition to having a recent experience in business setup and managing a new business that helped me anticipate some of the similar progress timeframes I also had a pre-assumption on some facts and regulations that might be of assistance in some cases but an obstacle in others. For example, I knew the time frame it takes for products to be purchased and the difficulty of sales. I also knew the profit percentage of the returns and the running expenses, but in return, I had pre-assumptions that held me from anticipating the free facilities offered by the University

Explanation of personal attempts to overcome problems

Personally, I’ve been faced with some challenges within the specific tasks of my role, and one could be my problem with time management issues. For the past 15 years, I have attended a few seminars and courses related to time management but unfortunately, I keep misjudging my capacity for work volume and information processing. At the same time, I’m not only studying and handling the assignments in my other modules but I also run my own business remotely, as it's only a small business I place my orders and communicate with my workers and their supervisor daily to instruct them and handle the problems that arise. Having to import all my products is another issue that consumes most of my time in communications with suppliers and import regulators in my country. This course not only helped to have a better understanding of the workflow in organizations but also to compare the similarities of business structures and the problems entrepreneurs may face.

Suggestions for improvement

Students, in general, could be lacking in experience and this project is a great start for their pathway, I would suggest separating the roles such as administration from purchases or at least allowing the project group to assign their tasks and duties. As much as the secretary position can be very inspiring, it could be restricted as well. Adding the legal advisory and supply chain management to it is in my own opinion very rewarding in terms of experience but it can also be very restricting to their creativity, I would suggest keeping the tasks susceptible to movement between the company leads to an agreement as well as the rest of the titles and responsibilities.

Appraisal of other group members in their roles

When thinking of other members' roles I can say that our group has cooperated in a great rhythm in my opinion, everyone had a stronghold on their tasks and kept the group running as best they could. Jack as the company leader had insight into the business needs from his personal experience with his project; he even took the communications with the suppliers of my hands since he was more familiar with them and they mainly communicated in his language as well as the booking communications. Annie operation leader assisted me with the selection of available sales dates for our equipment booking on the Roland Levinsky building, at the same time she presented skills in products selecting and organizing the actual sales. We had many issues since we had a late start, even when trying to book equipment and dates for our sales it wasn't a straightforward procedure as we hoped it to be. Eventually, we managed to pull it together with the cooperation of the entire group, we even had a small profit on our project. Steven marketing leader and I cooperated to create the Facebook page since I also took part in IT in our project. Arthur's finance leader was very helpful, and I benefited from his knowledge of the sales we did on the Roland Levinsky Building. Without the cooperation and contribution of the entire team, skills completing my task would've proven a much harder challenge.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Personal reflection - and academic literature to support that Essay”, n.d.)
Retrieved from https://studentshare.org/management/1689229-personal-reflection-and-academic-literature-to-support-that-reflection
(Personal Reflection - and Academic Literature to Support That Essay)
https://studentshare.org/management/1689229-personal-reflection-and-academic-literature-to-support-that-reflection.
“Personal Reflection - and Academic Literature to Support That Essay”, n.d. https://studentshare.org/management/1689229-personal-reflection-and-academic-literature-to-support-that-reflection.
  • Cited: 0 times

CHECK THESE SAMPLES OF Analysis of Efficiency in Role

Stock Market Efficiency

The overall discussion and analysis of the report has come under summarization with a conclusion that made obvious and apparent that the UK stock market has made itself one of the well-known capital markets universally.... The country and its trading environment play a substantial role in defining whether the capital market is gaining or decreasing.... Furthermore, according to the capital markets analysis “The London Stock Exchange Group is Europe's leading exchange group in cash equities, fixed income and post trade services”....
33 Pages (8250 words) Dissertation

Market efficiency

Investors play a significant role in bringing efficiency in private markets considering their diverse reaction to available information.... Private market efficiency refers to the measure of access to information that market players can use to maximize their gains on investment at a minimum transaction cost.... arket efficiency widely known as the Efficient market Hypothesis and introduced by Eugene Fama in 1970 stresses that market prices is a reflection of all the available information … According to Fama‘s interpretation of an efficient market is a situation were no individual investor has an advantage over others in predicting excess returns on securities above the existing market price (Jayasuriya, 2008)....
8 Pages (2000 words) Assignment

Forms of Market Efficiency

In this form of efficiency fundamental and technical analysis cannot be applied to achieve better profits for the investor.... MARKET efficiency Name of Institution Forms of Market efficiency Market efficiency as put forth by Fama (1970; p.... hellip; therefore according to the efficiency market hypothesis, there is no investor who has any form of advantage in foretelling the expected return on the security prices since there is no investor who has access to the public information or private information that is not yet available to any other investor....
10 Pages (2500 words) Essay

Based on recent events, discuss whether the stock markets are efficient according to the EMH

The central bank plays an appropriate role in the intervention in the financial markets with the objective of stabilising the asset prices.... Based on Recent Events, Discuss Whether the Stock Markets Are Efficient According to the EMH Contents Introduction 3 Discussion 3 Conclusion 5 References 7 Introduction Market efficiency is an important concern for the optimal allocation of resources with the objective of achieving the most productive purposes and, in turn, contributing to economic growth of a country....
4 Pages (1000 words) Essay

Definition of Efficient Market Hypothesis

Further studies, on the other hand, pointed out that markets that provide efficient information are not required to provide productive efficiency in the economy.... There is a natural relationship between markets that efficiently provide available information to their role in efficient market distribution (Stiglitz, 1981).... Although financial markets are hard to grasp, there are suggestions that such markets function with efficiency.... efficiency, when referred to the market, pertains to the changes in price and exchange between buyers and sellers....
21 Pages (5250 words) Literature review

Efficiency in Economics

The paper "efficiency in Economics" carefully explains what economists mean by efficiency, and in the process also tries to understand why economists consider monopolies to be inefficient.... nbsp;it is essential to remember that as in other spheres of our life efficiency in its economic application is also a relative term.... In economics, the notion of efficiency is equally very important.... nbsp;efficiency can never be complete, and it always needs to be measured in relation to certain criteria....
7 Pages (1750 words) Essay

Measuring UAE Bank Efficiency

In the following report “Measuring UAE Bank efficiency” the author focuses on the way efficiency bank can transform their inputs into diverse financial services in simple strategic terms of how efficiency banks perform their functions.... Varied economic indicators simply substantiate the efficiency and progression of the present UAE economy....
25 Pages (6250 words) Dissertation

The impact of privatisation on port efficiency

8 Pages (2000 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us