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1. Self-Assessment
Begin by conducting a self-assessment of your current skills and capabilities. Reflect on your strengths and areas where you feel you may have limitations or gaps.
Use the Capability Explorer Deck to guide you through how to do this - can be done individually, in a one-on-one or workshop setting.
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2. Feedback and Evaluation
Seek feedback from your superiors, colleagues, or mentors. They can provide valuable insights into areas where you may need to improve or acquire additional skills. Performance evaluations and discussions can also highlight specific areas for development.
The Capability Explorer Deck can also guide you through how to do this - with peers, mentors or leaders in a one-on-one or workshop setting.
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3. Gap Analysis
Compare the skills required for your desired career path or future job roles with your current skill set. Identify the gaps that need to be addressed to progress in your career.
The Capability Explorer Toolkit has a variety of ways to help identify opportunities for further development. Use the Capability deck, run through scenarios included and check out the Accounting & Finance Roles as a starting point.
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4. Skill Development Plan
Create a skill development plan based on your self-assessment, feedback, and gap analysis. Prioritise the most critical areas for improvement and identify specific actions you can take to develop those skills. This may involve attending training programs, pursuing certifications, taking on new projects, or seeking mentorship.
Once you have identified capabilities you want to strengthen, use the Skill Development Blueprint in the Toolkit to help clarify next steps and how you'll get there!
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5. Continuing Professional Development (CPD)
Engage in continuous learning and professional development opportunities. Attend workshops, seminars, webinars, or conferences focused on accounting and finance topics. Consider obtaining certifications or advanced degrees to enhance your knowledge and skills. -
6. Networking and Mentoring
Connect with professionals in your field through networking events, industry associations, or online platforms. Engage with mentors who can provide guidance on skill development and career progression. -
7. Seek Challenges
Look for opportunities within your current job or through additional projects where you can apply and develop new skills. Take on challenging assignments that push you outside your comfort zone and allow for skill growth. -
8. Regular Assessment
Periodically reassess your skills and capabilities to track your progress. Adjust your development plan as needed and continue seeking opportunities for growth and improvement.
Professional Development Growth Steps
By following the below steps, accounting and finance professionals should be able to gain a better understanding of their capability gaps and take proactive measures to bridge them, ultimately enhancing their skill set and advancing their career opportunities.
= included in the Capability Explorer Toolkit