Blog #2

In my business class of august 27^th I learned quite a few things, and in this post I am going to do a summary of what I learned.

The first topic that my teacher Christopher talked about was the “development of managerial competences”.  This topic talked about how important it is to create and stimulate our leadership skills if we want to enter the business industry, this is because in this industry you will have to interact and talk to people you do not know, sometimes you will even have to purse them so that they listen to you. You will have a group of “followers” that will look up to you and you will have to guide so they can achieve their goals.

The next topic talks about “administration”. My teacher took the definition from google and copy pasted it into the presentation but I am not going to do that, I am going to explain it more toughly. There are a lot of aspects to administration, you can administrate your homework, your time, your business, etc. But basically administrating is planning, organizing and controlling the the resources you have at your disposition so you can achieve your goals in an efficient and effective way. Now, you may be wondering what is the difference between efficient and effective, well, that was precisely the next topic. When you are effective it is that you achieve every goal you set to yourself no matter the resources or the time it takes you to achieve it. When you are efficient you achieve those same goals but with the least amount of time and resources. For example, if you have an exam and you study eight hours and get a 10 you are being effective, but if you study one hour and still get a ten that is being efficient.