Quinton Hariis and Till
New York
Brief summary of the presentation
The presenters introduced a topic on credit management. The lending and borrowing of funds is guided by given set of rules and standards relating to the type of credit under discussion. The credit managers have to determine the credit score, which measures the credit worthiness of the prospective borrower. The terms and conditions controlling the issue of credit funds is set by the credit department of the organization or institution offering the loan or credit funds. The credit score is the analysis of the past credit records of the borrower relating to normal operational situations and analysis, for instance, the time the borrower takes to refund the money to friends at time that he borrows. The prospective borrower should be assessed based on his history as well as the use of valid collaterals in order to secure the loan borrowed. The credit score helps in determining the amount of loan that can be offered to an individual.
The professional roles and responsibilities of the speakers cover a wide scope both in the areas of credit management as well as financial management in in the organizational and individual level. The speaker plays the role in controlling the lending and borrowing in an organization. They give advisory services in relation to lending and borrowing, for instance, the best ways to use the loan. The terms relating to credit management depends on the nature of loan, for example, the conditions for mortgage loan are more stringent compared to those governing student loans. The professionals therefore play an important role in credit management as well advising the borrowers on the productive projects to invest in.
Leadership skills, traits and abilities of the presenters:
The presenters portrayed several skills and traits of leadership as depicted in the presentation. They showed the ability to control the finances due to their expansive knowledge in the field of credit management. The presenters displayed managerial skills of organizing and coordinating the activities of the organization. The presenters also showed a lot confidence in presentation and public speaking skills. They have the skills to motivate and inspire the crowd. The presenters had good public speaking skills, for instance, they kept on asking questions throughout the lecture.
The presenters showed professional expertise in the field of credit management and the financial sector in general. They demonstrated the ability to tackles that may arise as emergencies. During the presentation, the courage of the presenters to handle questions without hesitation and worry .They also emphasized on important issues in credit management like medical insurance and the bankruptcy effects on their credit score. They also emphasized on important issues in credit management like medical insurance and the bankruptcy effects on their credit score.
The presenters also showed the ability to plan things according to their significance. They emphasized on giving priority to the most important issue in the organization.
Personal Impact:
The information presented is of great essence in developing leadership skills as well as improving the abilities in managing and controlling financial roles and duties. The information from the presenters was relevant in gaining planning skills which enables be to plan for evens and situations within time limits in order to my goals in the organization.
The information will help me to take the necessary precautions in determining the credibility of the prospective borrowers depending on their credit score. I will therefore be able to curb the risks and uncertainties in the credit management department of the organization or institution. I will be able to analyze the credibility of customers based on factors like bankruptcy and collaterals to support their credit worthiness.
The presentation has enlightened me on the ability to attract public attention in order by asking questions during the lecture as well as maintaining the confidence and courage during the presentation. This ability of proper communication will help me channel information to all departments in an effective and efficient manner. It has also helped me in exercising greater care in handling the credit transactions.
