career orientation in international business self development plan

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<b>Ton Duc Thang UniversityFaculty of Business Administration</b>

<b>Career Orientation in InternationalBusiness</b>

<b>Group N06Self-Development Plan</b>

<i><b>Student name</b></i> <b>: Lê Trần Thuận</b>

<i><b>Student ID</b></i> <b>: 723K0111</b>

<i>TP HCM, 12 YEARS 2023</i>

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<b>TABLE OF CONTENTS</b>

TABLE OF CONTENTS...i

INTRODUCTION... 1

CHAPTER 1. SELF-ASSESS YOUR OWN ABILITIES...2

1.1. Self-assessment of hobbies, skills, values, and personality...2

CHAPTER 2. SETTING CAREER OBJECTIVES...4

2.1. Establishing long-term and short-term goals...4

2.1.1. Short-Term Career Goals:...4

2.1.2. Long-Term Career Goals...4

2.2. Using the SMART criteria to define career objectives...4

CHAPTER 3. JOB RESEARCH...6

3.1. Jobs that suit your needs, interests and abilities...6

3.2. Job search websites...6

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3.5: Career advancement prospects...8

CHAPTER 4. DECIDE ON YOUR OWN CAREER...10

CHAPTER 5. MAKE AN IMPLEMENTATION PLAN...13

5.1. Identifying crucial knowledge and skills...13

5.2. Study plan for subjects for each semester...14

5.3. Plan to develop soft skills...15

5.4. Future work plan...15

REFERENCES... 18

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Embracing the philosophy that "the boundless joy in a person's life is to live in accordance with their own passion," I have navigated my academic journey with a profound recognition of my enthusiasm for economics, a passion ignited during my high school exploration of Geography. This realization has become the compass directing my personal development in university, steering me towards the pursuit of myfavored field.

In the current era of globalization, our nation treads a path marked by integration, cooperation, and comprehensive development across all facets. The unmistakable forces of regionalization and globalization, shaping the future trajectory of the world, exert their influence over the economic activities of every nation.

The pivotal year of 2015 witnessed Vietnam's commitment to significant economic agreements, including the Trans-Pacific Partnership (TPP), the ASEAN Economic Community (AEC), and the Vietnam-EU Cooperation Agreement. These commitmentstriggered rapid transformations in the professional landscape, altering the dynamics of work environments, career opportunities, salaries, and the pressure of responsibilities. Fueled by both academic inquiry into the field of Economics and a fervent passion, my decision crystallized into a deliberate choice: the pursuit of a major in International Business.

International Business stands as a vanguard in this age of global commercialization,a dynamic field continually adapting to the latest trends in the world economy. This chosen path promises to equip me with invaluable skills—teamwork, negotiation, and strategic approaches to potential foreign markets—essential in navigating the competitive landscape. Beyond the academic realm, it opens doors to a mosaic of experiences with diverse cultures, fostering comprehensive personal development.

This major not only offers insights into international business laws but also extends the boundaries of my knowledge and hones practical living skills. I envision contributing not only to my personal growth but also to the prosperity of my homeland by adding to its foreign currency reserves.

This alignment with my personality—marked by ambition in my career, an outward-looking perspective, a passion for diplomacy, and a readiness for change—positions me not merely as a salaried employee but as a proactive contributor, actively shaping Vietnam's economic landscape.

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<b>CHAPTER 1. SELF-ASSESS YOUR OWN ABILITIES1.1. Personal self-assessment</b>

Self-evaluating through questions about hobbies, skills, values, and personality:

<i><b>1.1.1. Hobbies</b></i>

-Listening to lectures on negotiation and persuasion in business.-Regularly updating knowledge about the global and domestic economic situations, current economic trends.

<i><b>1.1.2. Skills </b></i>

Ability to think strategically and make informed decisions that align with global business objectives and My creativity skills are quite strong, and this will enable thebusiness I am involved in to recognize and capitalize on new opportunities in the international market, especially in the context of rapid changes.

- Hard work and diligence in the job: This helps build personal credibility and establishes a foundation for sustainable and positive business relationships.

<i><b>1.2.2. Weaknesses</b></i>

- Weak communication skills: Poor communication can lead to misunderstandings and inefficiencies in conveying opinions, information, and requests. However, recognizing this weakness is the first step towards improvement.

- Prone to being overlooked: I am easily distracted by the internet, various activities, and sounds in my work environment. This makes it challenging for me to concentrate on my tasks and often leads to me not completing work on schedule.

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<i><b>1.2.3. Opportunities </b></i>

- Increase Productivity Efficiency: Innovation can lead to new work processes, optimize efficiency, and reduce costs

- Networking Opportunities Actively engaging in hard work often opens doors for<i>:</i>

networking opportunities, connecting individuals with influential people in their field.

<i><b>1.2.4. Threats </b></i>

- Misunderstanding in work: Poor communication can lead to misunderstandings, resulting in confusion and potential conflicts among individuals or within teams.- Under-appreciation: Constantly being overlooked may lead to a lack of

recognition and appreciation for one's efforts, which can affect job satisfaction and motivation.

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<b>CHAPTER 2. DETERMINE CAREER GOALS</b>

<b>2.1. Identify long-term and short-term career goals at work</b>

<i><b>2.1.1. Short-Term Career Goals:</b></i>

- Complete undergraduate studies within the specified time-frame: Successfully complete my academic journey, actively absorbing knowledge and experiences shared by educators. Enhance communication skills and proficiency in the English language.

- Attend Workshops and Webinars: Participate in workshops and webinars that offer insights into industry trends, career development, and specific skills relevant to the chosen field.

- Build a Professional Online Presence: Create or update LinkedIn profiles, ensuring they reflect academic achievements, skills, and interests. Connect with professionals and join industry-specific groups.

- Skill development: Identify and prioritize specific skills relevant to the desired career path, and work on developing them through coursework, workshops, or online courses.

<i><b>2.1.2. Long-Term Career Goals</b></i>

- Leadership in Multinational Corporation: Aspire to attain a leadership position, such as CEO or executive, in a multinational corporation, leveraging international business expertise.

- Academic or Research Leadership: Pursue a career in academia or research, becoming a thought leader in the field of international business and contributing to its theoretical and practical advancements.

- Global Financial Management: Specialize in global financial management, overseeing financial operations for multinational companies and ensuring compliance with international financial regulations.

<b>2.2. SMART (Specific, Measurable, Achievable, Realistic, Time bound)</b>

Within the next three years, I aim to establish myself as a highly regardedspecialist in Market Analysis, actively contributing to the formulation of strategicinsights for businesses, refining my proficiency in market research, and developinginnovative marketing strategies.

<i><b>2.2.1. Specific</b></i>

Become a reputable Market Research Expert, focusing on providing strategic insights for businesses.

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<b>CHAPTER 3. RESEARCH WORK</b>

<b>3.1. Jobs that suit your needs, interests and abilities</b>

Needs: I will choose a career path that offers stability, high potential for advancement, the opportunity to enhance my personal capabilities, and unlimited development prospects.

Interests: I am passionate about real estate, global trade conditions, business trends, and economic indicators.

Abilities: I am a creative and diligent individual in my work, although not entirely decisive. I possess the ability to stand in front of a crowd, persuade others, and lead teams. I am skilled in organizing events.

Suitable job roles for me could include starting my own business, working in international business, or joining a consulting or sales team

<b>3.2. Job search websites</b>

10 reputable job search websites today:<small>1</small>

1. Tuyendung.TopCV.vn2. Vietnamworks3. CareerBuilder 4. Timviecnhanh5. JobStreet6. Careerlink7. Ybox8. Vieclam24h9. Itviec10. Indeed

Reputable employment platforms act as hubs for communicating the workforce needs of companies and enterprises. They serve as trustworthy destinations for individuals seeking employment opportunities.

In particular, recruiters publish essential details regarding the available positions, such as company location, job descriptions, experience prerequisites, qualifications, salary information, etc., on these reliable job recruitment platforms.

Upon gaining access to job postings, applicants assess their suitability based on qualifications and experience before submitting their resumes for consideration.

These job recruitment websites essentially function as intermediaries connecting employers with potential hires. For companies, these platforms provide a rich and high-quality pool of talent to fill vacant positions. For job seekers, these websites serve as a valuable resource, offering a diverse range of employment opportunities across various industries. Regardless of prior experience, a simple search on these recruitment platforms using desired job titles and positions will yield numerous relevant job listings.

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<b>3.3. Essential tasks for job research</b>

International Financial Planner:-Market Research and Analysis-Financial Advisory and Planning-Financial Risk Management

-Engagement with International Entities-Negotiation and Investment Strategy Building-Continuous Knowledge Update and Training

The role of an International Financial Planner requires flexibility, broad knowledge, and the ability to assess and respond to the dynamics of the global market.

Supply Chain Management:-Supply Chain Planning-Supplier Interaction

-Inventory and Transportation Management-Risk Assessment and Management-Supply Chain Performance Improvement-Dealing with Daily Challenges and Issues

The role of a Supply Chain Management Expert requires multitasking abilities, attention to detail, and strategic thinking to maintain efficiency and adaptability in adynamic and constantly changing business environment.

<b>3.4. Necessary skills for specific jobs</b>

International Financial Planner:-Financial Knowledge

-Global Market Awareness-Communication Skills-Adaptability and Flexibility-Negotiation Skills-Analytical Skills

-Legal and Regulatory Compliance

These skills collectively enable an International Financial Planner to navigate thecomplexities of global financial markets and provide effective financial advice in aninternational context.

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Supply Chain Management:-Analytical Skills

-Cross-Functional Collaboration skills-Forecasting and Planning

-Risk Management-Vendor Management

-Environmental and Ethical Awareness

Combining these skills enables Supply Chain Management professionals to navigate the complexities of modern supply chains and contribute to the overall success of the business.

<b>3.5. Career advancement prospects</b>

Choosing this profession allows me to develop specific professional skills and explore more about myself. With business trips to various places, I not only refine and absorb numerous job-related skills but also learn about different work approaches and professional styles. The dynamic nature of the job and the willingness to travel imply an expansion of knowledge and skills in a unique way.

With genuine capabilities, there is a pathway for career advancement and the opportunity to build a reputation in the industry. My competence and personal brandwill become widely recognized, laying the foundation for success and positive influence within the professional community.

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<b>CHAPTER 4. DECIDE ON YOUR OWN CAREERTypes of jobs in the international business</b>

- Shipping and Airfreight Rate Specialist: Responsible for managing and analyzingshipping and airfreight rates for the transportation of goods

Values: 7/10Benefits: 9/10Personality: 7/10Skills: 8/10

- International Financial Planner: Specializes in providing comprehensive financialplanning services for individuals, families, or businesses with international financial interests. Their role goes beyond standard financial planning to address the complexities and considerations associated with global financial

management.Values: 10/10Benefits: 8/10Personality: 9/10Skills: 9/10

- Supply chain manager: Responsible for managing the entire supply chain, from sourcing to manufacturing and delivery.

Values: 9/10Benefits: 8/10Personality: 8/10Skills: 7/10

- A Market Research Expert:Specializes in gathering, analyzing, and interpreting data related to market conditions, consumer behavior, and industry trends. Their role is crucial for businesses and organizations seeking to make informed decisions, develop effective strategies, and stay competitive in the marketplace.Values: 8/10

Benefits: 7/10Personality: 8/10Skills: 9/10

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- An International Marketing Expert: Specializes in developing and implementing marketing strategies for businesses seeking to expand their operations globally. This role involves navigating the complexities of international markets, understanding diverse cultures, and tailoring marketing campaigns to reach a global audience.

Values: 9/10Benefits: 9/10Personality: 8/10Skills: 9/10

- An International Trade Law Consultant is a legal professional specializing in advising businesses, organizations, or individuals on matters related to international trade laws and regulations. This role involves navigating the complex legal landscape of global commerce, ensuring compliance with international trade agreements, resolving disputes, and providing legal guidance on cross-border transactions.

Values: 8/10Benefits: 10/10Personality: 9/10Skills: 7/10

- A Trade Promotion Specialist: Responsible for developing and implementing strategies to promote and expand international trade for businesses, industries, or governmental organizations. Their role involves creating initiatives to boost exports, enhance market presence, and foster economic growth through trade-related activities.

Values: 7/10Benefits: 7/10Personality: 9/10Skills: 7/10

- International legal counsel: Provides legal advice on international issues and ensures that transactions comply with legal regulations.

Values: 9/10Benefits: 9/10Personality: 8/10Skills: 9/10

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- An International Investment Consultant: Specializes in providing advice and guidance to individuals, businesses, or institutions seeking to make strategic investments on a global scale. Their role involves assessing investment opportunities, managing portfolios, and offering insights into international markets to optimize financial returns.

Values: 10/10Benefits: 9/10Personality: 9/10Skills: 7/10

- A banker: works in the banking industry and is involved in various financial services and transactions. The role of a banker can vary depending on the specificposition within a bank.

Values: 7/10Benefits: 7/10Personality: 8/10Skills: 7/10

After self-assessment, I realize that the International Marketing Expert positionaligns well with my interests and skills. In the ever-evolving landscape of globalbusiness, the role of an International Marketing Expert beckons to me with itspromise of dynamic challenges, continuous learning, and the opportunity to make asignificant impact on the world of commerce. As I embark on the journey tobecome an expert in international marketing, several compelling reasons fuel mychoice.

Firstly, the allure of working across borders and engaging with diverse culturesexcites me. International marketing transcends geographical boundaries, presentingan opportunity to understand and navigate the nuances of different markets. Thisaspect aligns seamlessly with my passion for cultural exploration and my belief inthe trans-formative power of connecting businesses on a global scale.

Moreover, the ever-changing nature of global markets demands adaptability anda keen strategic mindset, qualities I am eager to cultivate. The challenges posed byvarying economic conditions, consumer behaviors, and regulatory frameworksprovide a stimulating environment where I can continuously learn and applyinnovative marketing strategies. I see these challenges not as obstacles but asstepping stones for personal and professional growth.

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