Self evaluation learning and action plan Essay Example | Topics and Well Written Essays - 1500 words

Self evaluation learning and action plan - Essay Example This section will offer the progress report which will be only limited to the first three capabilities. The first three capabilities are communication, team work and problem solving. Hence the identification and evaluation process will be confined to these segments only. In the first segment, I have tried to enhance my communication skills, skills required for successful team work and also expertise required for solving various problems. Now in order to develop the aforementioned factors, I believe that elements such as listening & understanding, clear speaking and sharing information, working across different ages, identification of the strengths of the team members and offering creative and innovative solutions for various problems are important as well as essential. I have developed the skills mainly by following my teachers and the persons whom I admire. Apart from those, specialized trainings also facilitated learning for me and enhanced my skills. Moreover, feedback from the tu tors has helped to serve the purpose. I also feel that my communication skills, problem solving skills and team work skills have indeed developed. In order to cite an example, a few months back, when I took admission for the masters, I used to feel the nervousness when events such as individual presentations took place. However these days I feel confident and do not undergo any kind of nervousness. A few days back I was to give a presentation on ‘stakeholder’s role on developing a brand value’ and did not sense any nervousness within myself. This demonstrates that my communication skills have developed. As an example of successful team work I will share my experience about the market survey project. I was in a group of 5 people where there were students from USA, Australia and also from Asia. I get along with them very well, irrespective of the cultural differences and we worked as a team and formulated a successful project report. Finally regarding my skills as a problem solver, I have been praised by my friends a number of times. Recently, there was an incident that took place where our college assigned us a project of market survey, which requires substantial amount of money. Being students we could not afford to spend a significant sum of money, still we had to complete the assignments for securing good grades. I took the matter to the higher authority and they provided us the money required to conduct the project. This is how I solved the problem. However I also feel development is a continuous process and it should run as a chain. In future I would like to develop these skills by applying them in professional fields. In the aforementioned categories I believe my communication needs further development in the form of establishing and using networks, independent reading and writing exactly according to the requirement of the topic. Furthermore to enhance my skills I need to interact with the teachers frequently. Hence on the basis of th e skills and expertise, I intend to become a successful businessman in the near future. I believe that using communication skill, I can interact efficiently with my clients and employees. This will also help me in the long run. Also my problem solving skills will hugely assist me in the process of

Growth Rate - Consumer Price Index for Qatar Assignment

Growth Rate - Consumer Price Index for Qatar - Assignment Example with prev. year (a) Prev. year (b) (a / b)100 2001 1.2 82.7 1.45% inflation 2002 0.2 83.9 0.24% inflation 2003 1.9 84.1 2.26% inflation 2004 5.9 86.0 6.86% inflation 2005 8.1 91.9 8.81% inflation 2006 11.8 100.0 11.8% inflation 2007 15.4 111.8 13.77% inflation 2008 19.2 127.2 15.09% inflation 2009 -7.1 146.4 4.85% deflation 2010 -3.4 139.3 2.44% deflation 2011 2.6 135.9 1.91% inflation ( The World Bank, 2012) Qatar’s economic progress was impressive from 2005 to 2009 in spite of the global recession in the later part of the period. There was a 9 percent real overall GDP (Gross Domestic Product) growth. In the year 2008, GDP growth was 16 percent. This was because of increase in the production level of liquefied natural gas (LNG) and condensates. Also, there was a good development in the nonhydrocarbon sector. All these factors led to continuous price inflation from 2005 to 2009 (IMF Executive Board Concludes 2009 Article IV Consultation with Qatar, 2010). Inflation reached the peak in 2008 with 15 percent. This was the highest inflation rate among all the GCC countries and Qatar which is the wealthiest Arab nation experience such a huge jump in inflation rate because of weakening US dollar. The inflation was also due to other factors like increase in domestic rents, rise in food prices and heavy domestic demand of oil. According to a study conducted by Qatari National Bank (QNB), there was a three-fold increase in consumer prices in Qatar during the years between 2005 and 2009 resulting in average of 8.9 percent. This figure is very high compared to the average during 2000-2004 which was 2.5 percent. The consistent rise of housing costs was the main reason behind the growing inflation from 2005 till 2008 (Kawach, 2010). However, in 2009 Qatar’s economy witnessed a sharp deflation of 4.85 percent. This was due to a sharp decline in the domestic house rents. This decline in domestic house rent occurred in all Gulf Cooperation Council (GCC) countries , but Qatar witnessed the maximum decline. Economic growth was mostly encouraged by the fiscal policy through consistent spending in development sector. However, for this few projects of government were given greater priority. Because of the increase in prices of oil and gas the external current account was approximated a large surplus with almost 15.7 percent of GDP. The gross reserve of central bank was further strengthened to around 5 months of imports of goods and services (IMF Executive Board Concludes 2009 Article IV Consultation with Qatar, 2010). Qatar which is the leading LNG exported in the world faced deflation for the second consecutive year in 2010 with rents declining more than the previous year. According to Saudi American Bank Group (SAMBA) Qatar was deeply entrenched in deflation for two fiscal years although there was speculation of heavy growth in the economy due to increasing LNG exports, rising oil prices and large scale public spending. During the last quarter of 2010, oil and non-oil sectors were speculated for upward trends while construction and real estate industries remained unchanged. SAMBA said â€Å"excess supply in the real estate sector continues to put pressure on rents which is being reflected in