Instruction to Prepare the Part 2 of Assignment 3 by: a) Applying the first 2 tenets of Conscious Capitalism to your chosen industry b) Reflecting on your 2 top Core Virtues and apply them in your...

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Instruction to Prepare the Part 2 of Assignment 3



by:


a) Applying the first 2 tenets of Conscious


Capitalism to your chosen industry


b) Reflecting on your 2 top Core Virtues and


apply them in your chosen industry



Reflection:


• Choose an industry in which you plan to have a career (for example, IT, finance, hospitality, tourism, health, education or any other industry)


• Based on your experiences with that chosen industry, reflect and refine the industry’s Higher Purpose and Stakeholder Orientation.






Discover Your Core Virtues


· Reflect which 2 of the Core Virtues are your strongest


· Write down how your 2 Core Virtues would help you to accomplish the Higher Purpose and Stakeholder Orientation in your chosen industry.



Write down the reflection answering the question on how your 2 chosen core virtues could help you to contribute to your industry’s (your chosen career path’s) higher purpose and stake holder orientation in order to become part of the solution rather than a part of the problem.




Summary



· We reflected on the first 2 tenets of Conscious Capitalism and our 2 dominant Core Virtues.


· Write down the reflection on how can we apply our core virtues to help our chosen industry (career path) to achieve its higher purpose and stakeholder orientation.



Answered Same DayOct 06, 2021MBA502

Answer To: Instruction to Prepare the Part 2 of Assignment 3 by: a) Applying the first 2 tenets of Conscious...

Abhishek answered on Oct 07 2021
156 Votes
MBA502
EMOTIONAL INTELLIGENCE, CULTURAL INTELLIGENCE AND DIVERSITY
INDIVIDUAL REFLECTIONS

Table of Contents
Reflection    3
Choosing an Industry for a Career    3
Applying Two Tenets of Conscious Capitalism for My Industry    3
Two Core Values and
Applying in Industry    3
Emotional Core Virtues    3
Core Virtues of Justice    4
Core Values and Experience for Industry’s Higher Purpose and Stakeholder Orientation    4
Emotional Core Virtue: Achieving Bravery    4
Emotional Core Virtue: Achieving Zest    4
Core Virtues of Justice: Leadership    4
Core Virtues of Justice: Teamwork    5
Potentiality and Competitive Skill    5
References    6
Reflection
Choosing an Industry for a Career
The application of the emotional and the core figure of justice have been idealised for choosing a field in the hospitality industry, especially to be recruited in the Doubletree Hilton Hotel in Melbourne. With the emotional value, I would be able to deal with the tourists. The core virtue of justice will help in explaining the diversity and culture of the hotel.
Applying Two Tenets of Conscious Capitalism for My Industry
As already mentioned, the two tenets of the conscious capitalism had been a higher purpose and in synchronisation with the stakeholder's orientation. Higher Purpose had been used for the explanation of the value and the profit of the stakeholders of the Doubletree Hotel in Melbourne. Higher Purpose has also been used for the evading the discrimination, which has been previously involved in this Hotel. It aimed to promote a cooperation between the stakeholders so that Doubletree can maintain the diversity in their organisational premises (Fremeaux & Michelson, 2017). Higher Purpose has been even targeted for the management wellbeing of the Doubletree.
Another tenet, stakeholder orientation has been impactful for the Doubletree hotel. With the implication of the stakeholder’s direction, the business of the Doubletree can create a value for the stakeholders. There has been the use of the workforce and workforce in the Doubletree so that their services for the customers and stakeholders can excel (Friedman, Friedman & Adel, 2017). It has been equally used for the eradication of the conflicts and balancing the trade-offs, which have been persistent in the Doubletree hotel. Stakeholder tenet has been used for the creation of harmony among the consumers who have been associated with this industry.
Two Core Values and Applying in Industry
Emotional Core Virtues
I currently...
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