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Business models in strategic management
Business models in strategic management

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5.1.3 Who are you and what do you have? Resources

So far in this section you have defined how you add value and what you do in your professional development business model. This is now the time to consider your resources. What do you have? For instance, what are your skills, capabilities, talents, and knowledge that help you to perform your core activities and achieve your goals?

In the post-pandemic era, a new normal has emerged where some skills may become more important. Jones (2020) suggests that to succeed professionally one will need to develop five essential skills:

  1. be able to adapt to the changing world
  2. be creative by bringing in new ideas
  3. be emotionally intelligent (ability to make sense of emotions, feelings and thoughts of other people)
  4. be technologically savvy to be able to use diverse digital products, software and platforms
  5. be able to stand out in the digital space.
A notepad which on it has written #New normal.

Activity 14 Your resources

Timing: Allow around 15 minutes

Think about your answer to the question ‘What do you have?’ and make notes in the box below. It is possible that your answer will include phrases such as ‘I have superior quantitative skills’, ‘I am good at networking’ and ‘I have a capability of multi-tasking’.

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