Difference between revisions of "Career Effort Portfolios"

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[[Career Strategies]] (hereinafter, the ''Lectio'') is the second [[lectio|lesson part]] of the '''[[Career Essentials]]''' [[lesson]] that introduces its participants to [[career]]s and related topics.
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[[Career Effort Portfolios]] (hereinafter, the ''Lectio'') is the second [[lectio|lesson part]] of the '''[[Career Essentials]]''' [[lesson]] that introduces its participants to [[career]]s and related topics.
  
[[File:Educaship-pipeline.png|400px|thumb|[[WorldOpp Pipeline]]]]This ''lesson'' belongs to the [[Introduction to Careers]] session of the [[CNM Cyber Orientation]]. The ''Orientation'' is the second stage of the [[WorldOpp Pipeline]].
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[[File:Educaship-pipeline.png|400px|thumb|[[WorldOpp Pipeline]]]]This ''lesson'' belongs to the [[Introduction to Careers]] session of [[EmployableU Concepts]].
  
  
 
==Content==
 
==Content==
The predecessor [[lectio]] is [[Career Levels]].
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The predecessor [[lectio]] is [[Career Changes]].
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[[File:Bcg-matrix.png|400px|thumb|right|[[BCG matrix]]]]
  
===Key terms===
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===Script===
:[[File:Bcg-matrix.png|400px|thumb|right|[[BCG matrix]]]]'''[[]]'''.<div style="background-color:#efefef; padding: 5px; margin: 15px;">
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:Every human being needs butter and bread; often, it is hard to find both at the same place. Undertaking different [[career endeavor]]s sounds like a smarter principle than putting all the eggs into the same basket at today's workspace.
</div>
 
  
===Script===
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:A [[career effort portfolio]] is a combination of [[career endeavor]]s, each of which shall have its separate plan of actions.  
:A [[career strategy]] is a high-level plan to achieve one or more career goals under conditions of uncertainty. Every ''strategy'' depends on what one's [[career goal]]s are.
 
  
:No unified ''strategy'' exists; however, the diversification principle looks like the closest to the universal.
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:The [[BCG matrix]] is a tool that [[c-level executive]]s use to formulate their portfolios in the corporate world. With regard to [[career administration]], this ''matrix'' may help in resource allocation decisions on the basis of the [[worker]]'s competitiveness and goal attaining potential of various ''career endeavors''. ''Strong business'' refers to high competitiveness and vice versa.
  
:Every human being needs butter and bread; often, it is hard to find both at the same place. So, it makes sense to undertake at least two different [[career endeavor]]s instead of putting all the eggs into the same basket.  
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:The ''BCG matrix'' positions all the endeavors in one of four quadrants. The matrix creators called weak-business low-potentials ''dogs''; they should be allowed going out. Strong-business low-potentials are ''cash cows''; they should be kept. Weak-business high-potentials are ''question marks''; they might be considered being moved to ''stars'' if ''stars'' are needed. Strong-business high-potentials are ''stars''; they should be nourished.
  
:The [[BCG matrix]] is the leading tool that [[c-level executive]]s use to formulate the strategy. With regard to [[career administration]], this ''matrix'' may help in resource allocation decisions on the basis of the [[worker]]'s competitiveness and goal attaining potential of various career endeavors. ''Strong business'' refers to high competitiveness and vice versa.
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:How does the ''matrix'' work? Let's imagine a public school [[teacher]], who loves teaching, but looks for more professional flexibility. She says that she has her bread, but also needs some butter.
  
:The ''BCG matrix'' positions all the endeavors in one of four quadrants. The matrix creators called weak-business low-potentials ''dogs''; they should be allowed going out. Strong-business low-potentials are ''cash cows''; they should be kept. Weak-business high-potentials are ''question marks''; they might be considered being moved to ''stars'' if ''stars'' are needed. Strong-business high-potentials are ''stars''; they should be nourished.
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:Under these circumstances, the current job would fit the ''cash cow''. If this teacher launches her own teaching business, that endeavor may fit a ''question mark''. Even if that ''business'' doesn't succeed financially, she would still enjoy doing whatever she wants to do. If the own business is not the best option, this teacher can also try to find appropriate volunteering or a part-time job that would allow more flexibility. At any rate, she would need to revisit her portfolio periodically to adjust it.
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===Key terms===
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:[[Career effort portfolio]]
  
:How does the ''matrix'' work? Let's imagine a [[teacher]], who loves teaching, is satisfied with the current ''compensation'', but would like to have more professional flexibility because she is limited at her current job.
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===Closing===
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:Is the [[concept]] of [[career effort portfolio]] explained well? --Yes/No/I'm not sure
  
:Under these circumstances, the current job would fit the ''cash cow''. If this teacher launches her own teaching business, that endeavor may fit a ''question mark''. If that ''business'' doesn't succeed financially, she would still enjoy doing whatever she wants to do. If her ''business'' moves to the financial ''stars'', she may consider quitting her current job.
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'''[[What Employability Is]]''' is the successor [[lectio]].
  
'''[[Career Tactics]]''' is the successor [[lectio]].
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==Questions==
  
==Quiz==
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===Placement entrance exam===

Latest revision as of 21:40, 29 October 2023

Career Effort Portfolios (hereinafter, the Lectio) is the second lesson part of the Career Essentials lesson that introduces its participants to careers and related topics.

This lesson belongs to the Introduction to Careers session of EmployableU Concepts.


Content

The predecessor lectio is Career Changes.

Script

Every human being needs butter and bread; often, it is hard to find both at the same place. Undertaking different career endeavors sounds like a smarter principle than putting all the eggs into the same basket at today's workspace.
A career effort portfolio is a combination of career endeavors, each of which shall have its separate plan of actions.
The BCG matrix is a tool that c-level executives use to formulate their portfolios in the corporate world. With regard to career administration, this matrix may help in resource allocation decisions on the basis of the worker's competitiveness and goal attaining potential of various career endeavors. Strong business refers to high competitiveness and vice versa.
The BCG matrix positions all the endeavors in one of four quadrants. The matrix creators called weak-business low-potentials dogs; they should be allowed going out. Strong-business low-potentials are cash cows; they should be kept. Weak-business high-potentials are question marks; they might be considered being moved to stars if stars are needed. Strong-business high-potentials are stars; they should be nourished.
How does the matrix work? Let's imagine a public school teacher, who loves teaching, but looks for more professional flexibility. She says that she has her bread, but also needs some butter.
Under these circumstances, the current job would fit the cash cow. If this teacher launches her own teaching business, that endeavor may fit a question mark. Even if that business doesn't succeed financially, she would still enjoy doing whatever she wants to do. If the own business is not the best option, this teacher can also try to find appropriate volunteering or a part-time job that would allow more flexibility. At any rate, she would need to revisit her portfolio periodically to adjust it.

Key terms

Career effort portfolio

Closing

Is the concept of career effort portfolio explained well? --Yes/No/I'm not sure

What Employability Is is the successor lectio.

Questions

Placement entrance exam