Expanding on the ‘technical skills’ category of managerial skills, discuss the areas in this category of managerial skills that Jenna should develop, as well as the technical skills that Jenna already has.
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Question 1.2
Jenna Fourie has a bachelor’s degree and has worked as a computer programmer and project leader for an international organisation. In five short years she has more new software programs to her credit that anyone else in the department. She is highly creative and widely respected for her programming skills. However, Jenna is impulsive and has little tolerance for those whose work is less creative. Jenna is slow to cooperate with other departments and supervisors are unhappy with her approach. Jenna prefers to work alone and is focussed on completing her master’s degree. She has little interest in developing her team or setting goals and objective for the team to meet certain targets. Jenna has not been considered for a promotion to senior manager.
Expanding on the ‘technical skills’ category of managerial skills, discuss the areas in this category of managerial skills that Jenna should develop, as well as the technical skills that Jenna already has.
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