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BUS FPX 4993 Assessment 4 Long-Term and Short-Term Plans

Student Name

Capella University

BUS-FPX4993 Business Capstone Project

Prof. Name:

Date

Long-Term and Short-Term Plans

Planning Overview

Planning is a core management function critical for achieving organizational success in both the short and long term. Personal development also relies on effective planning to meet career and life goals (Rossouw, 2022; Greco & Kraimer, 2020). Structured planning allows individuals to set priorities, address challenges proactively, and align efforts with their aspirations.


GoalDetailsAction Steps
Long-Term GoalAttain a managerial position within the current organization and establish a property rental business in the Philippines (Rossouw, 2022).– Complete relevant academic degrees and training programs.
– Develop key managerial and interpersonal skills.
– Research and plan for property investments (Greco & Kraimer, 2020).
Short-Term GoalsEnhance managerial skills and financial stability (Jackson & Tomlinson, 2020).– Enroll in a master’s degree program in business.
– Participate in organizational development programs.
– Focus on debt reduction and strategic investments (Richardson & McKenna, 2020).

Conclusion

Achieving long-term objectives is rooted in well-structured short-term plans. Identifying potential challenges and adopting proactive strategies enable individuals to navigate uncertainties effectively (Rossouw, 2022). Progress towards personal and professional growth depends on adaptability, commitment, and continuous effort to align actions with overarching aspirations.

References

Greco, L. M., & Kraimer, M. L. (2020). Goal-setting in the career management process: An identity theory perspective. Journal of Applied Psychology, 105(1), 40–57. https://doi.org/10.1037/apl0000424

Jackson, D., & Tomlinson, M. (2020). Investigating the relationship between career planning, proactivity, and employability perceptions among higher education students in uncertain labour market conditions. Higher Education, 80(3), 435-455. https://doi.org/10.1007/s10734-019-00490-5

BUS FPX 4993 Assessment 4 Long-Term and Short-Term Plans

Richardson, J., & McKenna, S. (2020). An exploration of career sustainability in and after professional sport. Journal of Vocational Behavior, 117, 103314. https://doi.org/10.1016/j.jvb.2019.06.002

Rossouw, J. (2022). Sustainable development of a researcher’s career trajectory. Perspectives in Education, 40(3), 78-94. https://doi.org/10.18820/2519593X/pie.v40.i3.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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