10-1 Discussion: Review and Reflection

***See attached word doc for the two peer review responses1. Imagine you are in a job interview and you want to highlight some of your professional skills. Discuss two skills that you feel have been developed in this course and how you would present those skills to a potential employer. 2. In response to two of your peers, comment on the skills that they chose to present and how you would perceive them as an employer.
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•
Imagine you are in a job interview and you want to highlight some of your
professional skills. Discuss two skills that you feel have been developed in this course
and how you would present those skills to a potential employer.
•
In response to your peers, comment on the skills that they chose to present and how
you would perceive them as an employer.
Peer Review #1
Joy Lowe posted Apr 15, 2018 10:44 PM
While on the path to receiving my Masters degree in Organizational Leadership at SNHU, I
was able to sharpen my finance skills during a Math and Statistics course I attended. I can
help you with forecasting and budgeting for the company. I developed an amortization chart
using Excel, giving me a deeper understanding of interest rates. This leads to being able to
make better decisions about business loans, if the need arises. I will also be able to help you to
make decisions about new investments by giving you a projection of cash flow based on past
trends and current factors. These pieces of data are a vital puzzle piece to making major
financial decisions on how to keep the business profitable (Dahl, 2013).
I understand you had an event last month that you were trying to raise money for unemployed
veterans. If you had told me that your goal was to raise $100,000 by selling tickets to the
event, I can calculate for you how many tickets you would have to sell at a particular price or
multiple prices. I can provide this for you with confidence that your cost for the event will be
covered and you will be able to meet your fundraising goals. I will also be able to provide this
for you with the new manufacturing division in the company. If you need to know how many
pieces need to be sold, I will be able to analyze and report for you the data you need to make
your profit goals. I will also be able to analyze the costs of the parts that make up your
product. For example, if you told me you were about to finalize a deal to get 5 units of a
component, I could tell you how many products we can manufacture using those components.
Being able to analyze costs of production, interest and future projections are beneficial for
your Senior Strategic Officer to possess. The person in this position should be able to provide
data to you accurately and timely in order to make decisions for the company. My background
experience in Finance along with my recent education make me confident in providing this for
you.
Resource
Dahl, D. (May 23, 2013). Why forecasting leads to success in your business. Forbes.
Retrieved from: https://www.forbes.com/sites
Peer Review #2
Stephanie Hoskins posted Apr 15, 2018 3:18 PM
Through my coursework at SNHU, I have had the opportunity to fine-tune my Microsoft
Excel skills. I now better understand how the program can be used to interpret mathematical
and financial data. I can now use different sets of data to create graphs. These graphs can be
used to present historical operational information to colleagues in a visual way and can
provide a general overview of the impact that the changes have on the organization or on a
specific project. Visual representations are incredibly helpful in teaching different groups of
people about operational initiatives in an approachable and easy to understand way. This will
allow me to better communicate with different teams across the organization and have the
informational arsenal necessary to best explain different aspects of the overall business plan.
I’ve learned that it is best to prepare information in ways that multiple perspectives can easily
understand instead of just expecting individuals to think exactly as I do.
Beyond Microsoft Excel, I now also have a better understanding of financial modeling which
will allow me to better project manage different initiatives within any organization. I am able
to assess the current status of a project’s budget (by using cost analysis and profit functions)
and use derivatives to forecast changes that may impact the budget in the future (Lial,
Hungerford, Holcomb, & Mullins, 2018). Say a project is completely dependent on the
company being in a healthy market position but three months into the project, there is a drop
in the overall market. This would cause the company’s position to be negatively impacted and
the project may be in jeopardy. By using derivatives, I would be able to predict financial
scenarios and provide an analysis regarding the thresholds for which the project would be
sustainable versus insupportable. With possession of the skills to look at the overall picture, I
am more prepared, as an employee, to help operations teams adjust to changes and work on
projects under a more defined budget.
Reference
Lial, M. L., Hungerford, T. W., Holcomb, J. P., & Mullins, B. (2018). Mathematics with
applications: in the management, natural, and social sciences / Margaret L. Lial. Boston:
Pearson Education.

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