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Self Evaluation Learning and Action Plan - Personal Statement Example

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This paper presents an action plan and self-evaluation of learning in order to start a business in Indonesia. The task in an action plan is about what is to be done and who will be responsible for accomplishing the task. Time horizon is about when the task will be accomplished…
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Self Evaluation Learning and Action Plan
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Download file to see previous pages An action plan is a basis for the achievement of the intended objective. Furthermore, it presents a detailed schedule of the required activities which also plays an essential role in the attainment of goals (Bottomlessclosetnyc, 2009, p.11).
However, in the context of the project, an action plan will be formulated in order to draw a pathway for achieving the desired objectives. The action plan will mainly focus on the short term plan that in turn will help to attain the long term objectives. Hence the action plan is of utmost importance.
Currently, I am in Australia, where I am undergoing my masters. I have always wanted to be a successful businessman and earn lots of money. After becoming a successful businessman I want to help the poor people and also want to work for the betterment of society. However, I feel doing business in Australia and becoming successful is a complex task. The Australian business market is highly saturated. Also, huge investments and other resources are required to set up a business in Australia (The World Bank, 2012, p.5-10). Apart from that, there are also other constraints from my side. Hence I intend to become a successful business person in some other country. After comprehensively researching the business environment of various countries, I found Indonesia as the most suitable market for doing business. Hence in the near future, I aim to become a successful businessman in Indonesia. After getting established in the Indonesian market, I also propose to reach the elite position on the list of most successful business persons of Indonesia. The timeline I set for myself is 10 years. Prior to everything I need to choose the type of business I will be doing. With the help of experienced businessmen, market researchers and the internet I propose to commence a business of manufacturing and selling water bottles. Since the investments are low as compared to a product like electronic gadgets, I preferred bottles to be more cost-effective and less uncertain products. Nonetheless, it is the initiation point for me as a businessman, but as soon as I succeed in capturing considerable market share and investors, I will diversify my business to other sectors as well.
Therefore in order to reach that position, I need to plan short term goals which in turn will take me to the desired objective. Also, I need to look after the required skills and resources for the purpose of commencing a new venture in the Indonesian market. Moreover, in order to attain every short term objective, I need to formulate an action or activity. The objectives and required actions are provided below in a tabular format.
Study of the Indonesian market for 6 months and analyze Indonesian External Business Environment: factors such as political, legal, technological, environmental, economic and social. Study of Indonesian bottle making industry: analysis of the players belonging to the bottle making industry. Also investigations about the cost of production and the way others do marketing. Consumer Analysis: a comprehensive analysis of potential consumers. Investigation of Marketing opportunities: analysis of possible ways of marketing and distribution of products. ...Download file to see next pages Read More
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