(Solution) 7C003 Demonstrate curiosity and passion for deep learning
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Description
Solution
Learning Outcome 3: Be able to apply learning to enhance personal effectiveness.
| Assessment criterion | 8 – Demonstrate curiosity and passion for deep learning |
| Starting point |
Initial ability rating: 9
Justification for this rating: In this part, I have rated myself as 9 which means complete knowledge/skill for demonstrating curiosity and passionate for deep learning. The identified areas are evidenced to be improved in regard to being able to appreciate the impact of curiosity and passion for deep learning. Considering my current experience working as a people practice professional, being curious and passionate for deep learning is critical and essential. With the role of people practice professionals evolving, this scopes beyond the people practice professionals but also to the employees and also the followers of a leader. Working as a people practice professional, this is since it always harness an increased understanding, feeling of being appreciated and assisting leadership and management skills development. Additionally, part of this entail ensuring that I issue timely feedback containing details for improvement. This is while being ready to take on risks and embracing innovativeness in the learning culture.
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| Development objectives | To improve my competence within this area I will:
a) Build my skills on the application of modern technologies in improving communication amongst different groups of employees in my organisation specifically for increasing the curiosity and passion for deep learning b) To come up with a clear understanding through attending different workshops which offer me with great insights on accruing passion for deep learning amongst all my employees in my department and organisation c) Understand the different learning areas which I need to be passionate working as a people practice professional
An example: Build my knowledge within the area of business ethics, with specific focus on how HRM professionals contribute to the development of cultures with high standards of ethics.
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- In conclusion, the findings in this report indicate that Woolworths is currently using Ariba and SAP systems. This study covers the annual spend of Woolworths, the portfolio of Woolworths, their Category and Risk Management.
- Based on the study, Woolworths have to reduce their annual costs, and this may be supported by automation of as many processes as possible and this will also improve their efficiency and effectiveness levels.
- Woolworths also has made significant efforts in categorising its products and managing supply and other risks by having a wide pool of suppliers.
- Further, the introduction of online shopping has greatly boosted their market reach and their competitiveness.
- Woolworths also has to consider grouping all its purchases into categories. This will greatly ease the amounts spent on buying individual items since bulk purchases allow for great discounts due to the economies of scale.
- Further, category management will ensure that the entire supply chain is managed effectively and efficiently with minimal instances of supply chain disruptions.
- Woolworths also must prioritise its stakeholders and acknowledge the role that each stakeholder plays and how this contributes significantly to the overall growth of the firm.
- Stakeholders have to be informed and involved when major decisions are to be made as this will enrich the strategies, contributions and suggestions brought forward.
- Stakeholder analysis is also key to maintain the stakeholder relations which improves not only the reputation of Woolworths but also the market share of Woolworths. This gives them a niche in their market.