Global Scenario Integrated Business Challenge

Question: Discuss about the Global Scenario for Integrated Business Challenge. Answer: Introduction: The global scenario of business has been emerging very fast and the requirement of highly skilled and professionally focused chartered accountant is also increasing. As a chartered accountant (CA), the career path is not restricted to limited options. With varieties options, there are some compelling factors like the working style is interesting and a qualified CA can work worldwide. Financial security is also important in this regard, and the monetary compensation is standard for the CAs. All industries highly recognize this career option; hence, selecting the profession of the chartered account is valid. A chartered accountant has the in-depth knowledge about the minute details for the critical situations of the business and organization. Application of the critical analyzing power makes the profession of Charted Accountant demanding to different organization. This unit is expected to give a clear account on the different elements those are required to obtain a successful career. As mentioned by, Boud (2013), self-assessment is the primary dimension before selecting any option for the career to understanding what area requires improvement and what areas can help for a successful career-graph. This unit is highly helpful to be acknowledged about the important decision on the upcoming professional path. This unit is the evaluation of the self-assessment; that is why this unit will help me to understand my strong points so that it can be polished further to make my career flawless. Team Formations D- The objective was to make a team that can perform and accomplish the given task together. Teamwork helps to understand the strategies that can be used for the conflict management (Turner 2014). The team was formed randomly so that each of them can interact with others and start to cope with those members whom they were even unknown to before. Team formation is highly praised because it helps in improvement of different aspects like cooperation, communication and collaboration among the team members (Belbin 2012). I: The team was formed selecting the members randomly; however, the exercise of the Team Roles was practiced during the task when each of the members was given a particular role. Practicing of the team roles is helpful as it gives an idea on the context of future professional life. E: "Team Roles" was useful for the purpose of the effective teamwork (Belbin 2012). As there are nine elements in the team roles that were allocated to the team members and all were asked to fulfill their responsibility. Thus, it was helpful to obtain a collective outcome from a team. P: This approach of teamwork will help me in future because in the bigger context of the profession. Teamwork, cooperation, communication, and conflict management all these are highly demanded a successful professional life (Tjosvold 2015). Evaluation of what I have learned during this practice will nurture my knowledge and improve my skill for collective work. CV: Name: Date of birth: Contact details: Education: Additional Qualifications: Languages known: Skills: Career objectives: Working Experiences: Reference List: Belbin, R.M., 2012.Team roles at work. Routledge. Boud, D., 2013.Enhancing learning through self-assessment. Routledge. Tjosvold, D., 2015.Building the Team Organization: How to Open Minds, Resolve Conflict, and Ensure Cooperation. Springer. Turner, M.E., 2014.Groups at work: Theory and research. Psychology Press.