Reflection on the Course about the Importance of a Budget - Essay Example

This is from the fact that even when administering Incentives to employees, It should be properly budgeted for to avoid straining the company’s resources. Secondly, I have learned the concept of leadership and control, How to lead and the factors that need to be there in order to make a good leader.

I have taken this concept of leadership from the leader of Starbucks where he consults and engages the low level staff before making a decision. Thirdly, and lastly, I have learnt the concept of objectivity and subjectivity in relation to financial management and asset acquisition. This is from the considerations that the Starbucks Company has to consider some aspects of accepting offers. All these concepts that I have learned apply both to my professional and personal life in terms of being an effective resources manager about corporate resources and making personal budgets to avoid spendthrift activities (CheckMate, 2009).

Leadership also applies to both my professional and personal life in that I will engage the junior employees in a company once employed and even in my personal life I will be an effective leader.