Having witnessed the deplorable condition my father’s business was, I volunteered to help in the strategic planning so as to reinstate the business back to where it was. The stunt growth of the firm depicted that something was going wrong in the operations and having been a business student, I believed I had the knowledge and was ready to apply them where needed. Some of the strategic planning entailed; conducting a research in other financial service firms to establish the findings and then come up with the conclusion of what needed to be done. Other plans could be reduction of the credit interests so as to take advantage of the situation by attracting more creditors. The public image of the firm ought to be enhanced to win the customers loyalty. Being involved in planning and conducting of the research, the activities consumed most of my time that I would have used in my studies. To help the business stand on its feet, it required total commitment. Little or no time available for my studies contributed greatly to the drop in my academic performance.
I was some sought of a savior of the family business. I was forced into the situation to prove to people that a student could run a business and at the same time study. The family business was in my heart as I cared a lot for my family. Being the bread winner of the family, my father had financially strained for so long that the extreme would have affected his health. As a way of preventing the stress and depression taking toll on my father, I had to sacrifice myself. It was ethically right to help those in problems. No one seemed to care about the business but I was the fortunate one to have at least some business knowledge. The other family members lacked both the skills and knowledge together with the monetary help. The family members demanded so much from me that I had to help the business at the expense of my school performance. Their attention and demands retracted me from my books.
They needed to specifically source for my help I would not let go of the vision my father had in the business. Outsourcing the professional help would add an extra financial burden to the stagnant business thereby; negatively affecting it more. My contribution to the business would serve as attachment that would also be an added advantage in my academic qualifications in terms of application of skills. The experience I bring in the table is to show them to analyze the current market prices to be able to price their services and products. They should also watch their competitors to know where there is a chance of competitive advantage on their business. Their failure to hire a professional led to my drop in the performance in school as my mind was always occupied with the business ideas to be embarked on.
The way to convince the company to let me get involved in its revival would be to showcase my expertise. For instance I would outline the recommendations discussed earlier since they would contribute to the growth of the business. Explaining to the expenses they would have to incur in case they wanted to outsource a professional is considerable enough to convince them to have me in the involvement of the process. The business course taken in school would be an added advantage s I had the necessary information in relation to financial businesses.
Good Brief Explanation Of My Performance In The College Or Standardized Test Scores Essay Example
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WowEssays. (2020, March, 17) Good Brief Explanation Of My Performance In The College Or Standardized Test Scores Essay Example. Retrieved December 22, 2024, from https://www.wowessays.com/free-samples/good-brief-explanation-of-my-performance-in-the-college-or-standardized-test-scores-essay-example/
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Good Brief Explanation Of My Performance In The College Or Standardized Test Scores Essay Example. Free Essay Examples - WowEssays.com. https://www.wowessays.com/free-samples/good-brief-explanation-of-my-performance-in-the-college-or-standardized-test-scores-essay-example/. Published Mar 17, 2020. Accessed December 22, 2024.
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