Accounting Financial Analysis Report Business strategy

Question: Talk about the Essay for Accounting Financial Analysis Report for Business technique. Answer: Presentation:- The job of bookkeepers has changed enormously in the advanced business situation. In prior days, bookkeepers were treated as simple scorekeepers. These days, with the development in bookkeeping frameworks and presentation of new parts of bookkeeping, bookkeepers are currently considered as the wellspring of significant administrative data. Like the promoting and creation offices, accounts divisions are additionally taking dynamic interest in the development of the organizations. Such unrest in the job of bookkeepers has gotten conceivable because of developing significance of different money related data. Presently the achievement of the business firms relies upon its income winning exercises as well as on its market development, stock costs and other non-showcasing exercises. In addition, the business firms likewise use to depend incredibly on different interior outside money related information to quantify its development over the periods, its market position and furthermore the market position of its rivals. All these data and investigation have helped the bookkeepers to changed into one of the significant faculty inside a business association. Job of Accountants in Enhancing Profitability:- As talked about above, with the headways of the bookkeeping strategies, bookkeepers are taking dynamic jobs in upgrading the benefit of the business firms. Aside from the customary accounting exercises, bookkeepers are additionally attempted different other monetary exercises as the aspect of their responsibilities. The significant part of the all out consumption of any business element is utilized to be taken care of by the working expense. Accordingly, bookkeepers use to concentrate on the working exercises to control the working expenses and expanding the net revenue of the element (Ward 2012). Bookkeepers use to evaluate different inner outer hazard variables of the association. Through the hazard evaluation process, they can give a consistent and secure income structure and reduce the degree of different unpredicted and unpredicted misfortunes (Biddle et al. 2015). By examining different monetary and non-money related informations, bookkeepers can direct the administration for building up a reasonable authoritative structure, which can perform all the more adequately and lessen the different unusual expenses (Ah Lay and Jusoh 2014). Bookkeepers additionally help the promoting group to grow better client relationship the board. Bookkeepers use to contemplate the past records and current market situation cautiously for giving direction about how the showcasing can fulfill the clients all the more adequately (Laine et al. 2016). The partners have become especially significant these days for a business association. The business firms consistently focus to fulfill their partners by its monetary and non-budgetary exhibitions (Kim et al. 2013). Bookkeepers assume significant job in satisfying the requirements of the partners. They use to concentrate on the essential needs of various partners and help the association to satisfy those requirements by giving reasonable systems and rules (Elbashir et al. 2013). In these habits, the bookkeepers have changed their jobs and redesigned themselves as one of the key variables of the business association for improving the productivity. Additionally, the new bookkeeping strategies are likewise used to evaluate the productivity of the market speculations. In this manner, numerous bookkeepers have begun to go about as monetary counselors, who use to give exhorts on appropriate venture plans to the individual financial specialists, just as, the corporate houses (Biddle et al. 2013). Acts of neglect for Enhancing Profitability:- It has been seen that numerous associations use to use the bookkeepers for improving the productivity by any mean. The association, however numerous bookkeepers additionally use to focus more on the productivity factor. Because of such over focus on gainfulness, numerous bookkeepers are following exploitative approaches to build the net revenues of the organization (Gilley et al. 2014). Much of the time, the representatives of the associations use to be more worry about the net money installments in contrast with the drawn out advantages, gave by the business. Numerous bookkeepers use to underwrite this circumstance and grow such installment structure for the representatives, which will decrease the drawn out advantages. By this procedure, the general expense for workers uses to get diminished and the organization expands its benefit. It is a typical practice among the bookkeepers to control the fiscal summaries for lessening the assessment sums. Bookkeepers use to set up the fiscal summaries in such a way, that the net gain according to the books would be lower than the real total compensation, earned by the organization. In this way, they help the organization to pay lesser assessment add up to the administration (Imoniana and Silva 2013). At some point, numerous business firms use to take gigantic credits from different money related organizations and the proprietors use to use those assets for their self-improvement. To maintain a strategic distance from the installment of the loan bosses, the bookkeepers of such firms use to control the monetary information so that the organizations use to be proclaimed as bankrupt by the concerned position and the proprietors would not need to pay any add up to the leasers out of their own reserve. In current days, the vast majority of the organizations proceed with its tasks by either value financing or by obligation financing. To draw in the likely financers or speculators, it is important to keep up an appropriate money related development, particularly for value financing. Bookkeepers use to make this assignment simpler by displaying exaggerated resources and benefits in the fiscal reports (Ghose 2015). The bookkeepers of numerous organization use to grow such complex promoting plans, which is by all accounts increasingly beneficial for clients, yet truly, clients don't get any additional favorable position from such plans. Along these lines, they help the organizations to build the business volume by giving bogus responsibilities to the customers (Devi 2015). The bookkeepers use to get the extent of such acts of neglect because of different reasons. Distinctive bookkeeping standard sheets use to give diverse bookkeeping treatment to same bookkeeping exchanges. Besides, there is an enormous contrast in the overall gain appraisal strategy for tax collection reason and for general revealing reason. The bookkeeping sheets don't give any free direction to some from the bookkeeping methodology, for example, reasonable worth bookkeeping, CSR bookkeeping and so on. As a rule, the partners, for example, representatives, speculators and so on., don't use to be completely mindful and adequately proficient about the bookkeeping and assessment methods. The bookkeepers underwrite these downsides of the bookkeeping framework to expand the benefit for the organization (Imoniana et al. 2013). End:- The bookkeepers are utilized for keep up the budgetary records of the association. In the cutting edge situation, the bookkeepers are relied upon to give more advantages to the organization. They are relied upon to expand the net revenues by the different bookkeeping strategies and money related arranging. Subsequently, the bookkeepers utilize different propelled bookkeeping strategies, for example, the board bookkeeping, client bookkeeping and so on for offering better support to its workers. Alongside the budgetary arranging, they are using their expert information to help the association for different other arranging identified with the non-money related exercises too. By various market examination techniques, they can conjecture the future results of the organization, just as the results of its rivals. They can assist the association with reducing its expenses and uses by legitimate cost arranging and planning. Through these procedures, the organization can likewise appreciate different tax reductions. In this manner, the bookkeepers, these days, assume a significant job in the benefit amplification for the organization. The new job of the bookkeepers has made the additional weight on them to build the benefit for the organization and its proprietors. They are compelled to embrace deceptive systems to make the organization progressively gainful. Now and again they control the budgetary records for lessening the duty costs or pull in more partners. At times, they actualize unscrupulous arranging, which use to deny the purchasers, representatives or the financial specialists. Subsequently, it very well may be expressed that the job of bookkeepers for improving the productivity has caused just positive effect on the general public. It has joined many negative qualities too. In any case, it ought to be noticed that more often than not, the bookkeepers use to use their insight for such deceptive causes according to the guidance of the organization the board. Thus, the bookkeepers can't be accused exclusively for such abuse of expert information. Reference List:- Ok Lay, T. what's more, Jusoh, R., 2014. Business technique, force of rivalry, key job of bookkeepers, vital administration bookkeeping and firm execution. Biddle, G.C., Kim, J.B., Ma, M.L. furthermore, Song, F.M., 2015. Bookkeeping conservatism and insolvency risk.Available at SSRN 1621272 Biddle, G.C., Ma, M.L. furthermore, Song, F.M., 2013. The hazard the executives job of bookkeeping conservatism for working money flows.Available at SSRN 1695629 Devi, R.U., 2015. Innovative bookkeeping rehearses Its Pros Cons: An analysis.International Journal of Management, IT and Engineering,5(1), pp.40-52 Elbashir, M.Z., Collier, P.A., Sutton, S.G., Davern, M.J. also, Leech, S.A., 2013. Improving the business estimation of business insight: The job of shared information and assimilation.Journal of Information Systems,27(2), pp.87-105 Ghose, K.S., 2015. Morals in Managerial Accounting: Today's Challenges in USA.GSTF Journal of Law and Social Sciences (JLSS),4(2), p.85. Gilley, A., Gilley, J.W., Ambort-Clark, K.A. what's more, Marion, D., 2014. Proof of administrative negligence: An experimental study.Journal of Applied Management and Entrepreneurship,19(4), p.24 Imoniana, J.O. what's more, Silva, R.M., 2013. Returning to the ideas of

Impact of FDI on European Economic Development

Effect of FDI on European Economic Development Presentation The working of a market economy under the conditions required by proficiency requests significant monetary assets, whose assignment must be coordinated to those regions which in their turn can produce esteem included and continue the dynamic procedure of making included worth. On the off chance that for an organization the speculation are acknowledged mostly from old style sources, separately the deterioration reserve, benefit or issuance of new offers, yet with the danger of the scattering of the exclusive right on business, to which we can include the financing of bank credits, a genuinely costly answer for an organization looking for action broadening. In light of these contemplations, the need to survey the job and capacity of speculation assets and FDI in the economy, in the reorientation and begining of the venture procedure is one of most extreme significance. Considering the last occasions that denoted the world economy, from which the remote speculation reserves, be they even FDI, to which we can include the stock development were among the fundamental determinants of the way toward interpreting the venture streams. In spite of the fact that speculation assets in the regular, showing as customary speculators, with an articulated old style character, purchasing or selling money related instruments, stocks, securities or other budgetary instruments or growing new creation limits, in their activity they decide a critical effect on the monetary movement sketching out certain highlights of the financial condition inside which they happen. For nations like Romania, for instance, or Serbia, this procedure is genuine, however hard to accomplish on the grounds that it required more than monetary assets. Starting here of view Inadequate advancement in second-age changes gives clarification in variety of FDI inflows. Various observational investigations concentrating on progress economies have validated this finding. Garibaldi et al. (2002) have appeared, that the nature of organizations clarifies the variety in FDI streams to progress economies. [1, p.11] The sustenable monetary advancement requires the presence of a lot of instruments and explicit systems through which the money related assets important to accomplish this objective must be activated yet particularly they should add to an effective redistribution of budgetary assets during the time spent social rearing. The just a single ready to accomplish this necessities are the ventures, which prevail through preparing the accessible cash-flow to restart the mind boggling procedure of creation of plusvalue. Coordinating the money related assets, in the financial strategy, to those monetary targets ready to create in their turn a development of the pace of work of work requires another administration as far as speculations, whose key source ought to be benefit, support devaluation or GDP, at the monetary level. As known, some of the time budgetary assets accessible to the national economy are not adequate to advance gigantic activities, drawing in new money being required, notwithstanding outside capital markets. These finishing ventures, in spite of the fact that they are not exactly normal in a large number of the rising nations, they use them. Then again we are seeing autonomous venture streams, coordinated either to starting new creation limit or redesigning existing ones, advanced by worldwide monetary players that make up the outside speculation streams. As it is expressed in one of the european archives The way that the market has flopped in the money related division doesn't imply that it doesn't work by any stretch of the imagination, however calls attention to the need to stay away from, in particular to address an inappropriate market advancements, through administrative measures and of focused reconnaissance. In this way, the new approach must be based on the establishment of a market economy, which animates and compensates their drives and hazard taking. [10, pct.3.4]. So the budgetary assets pulled in through remote speculations ought to be focused at those regions that present a high conceptive limit, either by the perceived level of creating benefits or by the critical valuable efects that they have on the workforce. FDI ought to guarantee a high level of effectiveness, both for the financial specialist who decides to contribute and should be compensated by high paces of benefit, and for the nation inside which is accomplis hed by expanding the assets prepared through assessment systems, the state spending plan, and the compensation for work engaged with accomplishing the subsequent business. Writing survey The examination of the job of FDI in the economy was made in various significant investigations. From these we notice (Serbu, 2006) which asserts that advancing FDI isn't generally for nations that get these streams, examined in any event as far as capability of business and not add to financial development, so the job of FDI is addressed. Then again ÃÆ'â€ZTÃÆ'Ã…RK, Ilhan (2007) contends the inverse, specifically that the job of FDI in monetary development is major and unequivocal, which is accomplished through various channels, for example, net capital arrangement, innovation move and impacts on human capital. In another study[6], Ben Ferretti (2004) investigates the connection among FDI and profitability development and finishes up, in the wake of making a concise examination of the hypothetical models, as far as game-hypothetical models, this is dictated by the spatiality and the force of FDI streams on economy and financial specialists specifically [4]. Similar thoughts has Damjan Joze et every one of the (2003) which investigates the job of gathering of FDI and R D on innovation move and their impact on economies on the move [3] or Hunya, Gabor (2002) which breaks down financial rebuilding wonders from FDI points of view on assembling industry.[5] The investigation Market Integration from Foreign Direct Investment force point of view Outside direct speculations comprise of noteworthy vectors in accomplishing monetary and social targets, with regards to broadening of society needs in fulfilling the objectives advanced at the macroeconomic level. The requirement for budgetary assets is an ever developing from year to year and the money related assets pulled in from the outside capital market is an answer for accomplish these objectives. From this point of view every state capacity to draw in these assets depends to a high measure on the level of coordination of national markets in the complete venture streams yet in addition on the level of atraction of each state. In this setting the examination of outside direct interest in the network economy is critical. Alluding to GDP make these information to show a high importance through evacuating the national economies measurement laid out by each state. These information are introduced in the table beneath. As observed from the information introduced above, there is a timed advancement of venture streams, both in incorporated economies in the financial space, yet in addition for the individuals who need coordination (Croatia and Turkey) and particularly the most evolved economies (USA and Japan). At the EU level we can see an expansion in the force of FDI during 2004-2007, from 0.9 in 2004 to 3.8 in 2007, which means an increment of 4.2 occasions. This development rate was a timed one which implies that the european economy has been prepared in the huge rush of speculation and capital streams with moderately high level of hazard, which came about that since 2008 this pointer diminished by 1.7 occasions contrasted with a year ago. On account of part nations we can see an alternate advancement. In the event that on account of the last two nations that joined the EU in 2007 we may locate a slight improvement, similar to the instance of Romania, this marker expanded from 3% to 3.5%, a low level contrasted with 2006 when this pointer recorded 4.8% when the enthusiasm of outside financial specialists was a lot higher than the economy, or perhaps they were simply fortifying their speculation positions by buying generators of monetary worth included or Bulgaria, which after participation is developing at 12.6% in 2006 to 15.2% in 2007, the following year it enlists a 10.3 drop. This circumstance can result from the powerlessness to pay on which is hampered the entire bulgarian economy. For the european nations which were old individuals, this marker presents a high unpredictability. After register huge degrees of 6.7% as on account of Germany in 2000 it comes to in 2008 at an estimation of just 2.4%. Such is the situation of France which in 2000 recorded 8.2% and after eight years just 5.2%. These advancements are mostly because of the shaken european financial condition, where the speculators are situating and reorienting the capitals as indicated by high benefit rates than to business security. For Serbia, a non-EU nation resources claimed by outside elements in Serbia are developing in ostensible qualities. Yet, in the event that we take a gander at portion of remote claimed resources altogether money related organizations, we may see that there has been an abatement of 0.2% from 84.3% to 84.1%, in spite of the section of 13 new completely outside possessed foundations during the investigated period. This affirms budgetary foundations possessed by household substances are working surprisingly better than the outside claimed ones. Since we realize that before the rebuilding of the money related area in Serbia most banks and insurance agencies have worked with critical misfortune, we may infer that that staying residential claimed organization have essentially changed their business culture.[8] With respect to U.S., the advancement of this marker for 2000-2006, mirrors the troublesome minutes that this countrys economy has passed. On the off chance that in 2005 this marker recorded the most minimal degree of the period broke down, of just 0.3% (more than up to multiple times contrasted with 2001), after one year to develop by 500%, because of the trust allowed in the financial improvement through FDI. For the Japanese economy the advancement of this marker is running at around 0.4-0.5%, which implies the manageability of speculations bolstered through these instruments, particularly the economy of this nation configuration depended more on capital fares to third coun

Career Counseling What is It and How Can I Use it for Career Progression

Career Counseling What is It and How Can I Use it for Career Progression Career progression is the aim for most workers, but career development is not something most of us think of regularly. But without proper understanding of what we want from our careers and how we can achieve our goals quicker, we can quickly end up dissatisfied with our jobs.Career counseling is a process that can help you with your career progression. © Shutterstock | Andrey_PopovIn this guide, we will examine what career counseling entails and discover whom to look for if you want to consider trying it. We’ll also discuss who can benefit from the practice and how, before looking closer at how career counseling can be used for career progression.WHAT IS THE DEFINITION OF CAREER COUNSELLING?Career counseling refers to mentoring or coaching on issues, which relate to a person’s career. It generally helps individuals make the right choices in terms of career paths, career development and career change. The overall aim of career counseling is to help the individual maximize the successes they’ll have on their chosen career path.Perhaps one of the simplest ways to understand the essence of career counseling is by examining what it isn’t about. Career counseling is not a process where the person is told what career they should pursue in terms of simply stating the job the person should apply for or the course they should enroll in.  More importantly, career counselors won’t provide you with a job.The focus of career counseling is to provide the tools for you to understand your passion or the so-called ‘true calling’. While it will provide you better awareness of the ways you can improve your job search and help you apply for the right roles regarding your career goals, experiencing career counseling won’t guarantee you with a job.[slideshare id=29544234doc=careerdevelopmenttheory-131228135202-phpapp01w=640h=330]WHO PROVIDES CAREER COUNSELLING?There are a number of options when it comes to receiving career counseling. It can be provided by a therapist, a life coach, or a voluntary business coach. A professional career coach is someone with expertise and academic qualifications in career development theory, counseling techniques, and in administrative and interpretative assessment. In addition, career coach has to have a vast understanding of career information resources.Career counselors typically work in schools and universities. If you are studying, your institution’s website and Career Department are likely to have more information about career counselors.But the popularity of career counseling has also meant many larger organizations now have in-house counselors. It’s a good idea to check with the HR department if you are considering a meeting with a counselor.Furthermore, you can also find private career consultants. You could simply use Google to find a career coach near you. You can type in “career counselor in [your city]” and you should be able to receive plenty of results.You can also try the professional associations of your country’s career counselors. For example, in the US this would mean checking out the National Career Development Association (NCDA).Watch this funny career counseling session with Monty Python. WHO CAN BENEFIT FROM CAREER COUNSELLING?According to some studies, around 70% of Americans are unhappy at work. It’s therefore quite evident most people would benefit from better career planning. Career development is a lifelong process and most people find themselves questioning their career choices later on.Job satisfaction isn’t something to take lightly. It can lead to stress, which can hinder your health and relationships with other people. It isn’t just the feeling of being unhappy at work. A 2014 study in the US showed only a little over 20% of workers are happy with promotion prospects and fewer than 40% were happy with their current compensation.Therefore, whether you are just starting out, in the middle of your career or indeed coming to the end of your career, you can benefit from career counseling, as it can help you gain focus and find the direction you want to steer your career.Career counseling is especially beneficial if you’ve had some of the below thoughts cross your mind:“I don’t know what to do with my life”“I’m not sure which course to choose or which job offer to take”“I am cert ain of what I want to do, but I have no idea how to achieve my career goal”“I don’t know how to best use my current skillset”“I didn’t get the university place or job I wanted”“I want a career with good financial rewards/job security/challenging roles”“I’m not sure whether to move somewhere else in order to find work”A career counselor can help you answer the above questions and find a route to better career satisfaction. The important point to keep in mind is that career counseling isn’t only beneficial when you want to find a new job or get on to the career ladder.The tools you get from a career counselor can help you feel more satisfied in the current job, for instance, through learning how to improve your position either by earning a promotion or a raise.For people with a high interest in career counseling, this compendium is very helpful.[slideshare id=45790496doc=gumwos5tpwyhoodbc6lc-signature-d7e26b028bc99f1930f6387558b77ecfdefec07f182af218380d8ac881 a37021-poli-150313043709-conversion-gate01type=dw=640h=330]WHAT ARE THE ADVANTAGES OF SEEING A CAREER COUNSELLOR?As the above highlighted, career counseling can help people in different stages of their careers.The common advantages you can enjoy with career counseling are:Identifying the different options and choices available for you in terms of your career.Helping you clarify your career goals in order for you to achieve more in your career.Supporting you during the job search through the provision of resources and feedback.Ensuring you obtain a better understanding of your individual strengths and weaknesses.Providing you with educational support and guidance, whether you are starting your studies or wanting to improve your current skills.Let’s examine the above benefits through case studies. Both of the below examples are available in more detail on the Skill Scan website.The first case study looked at Claire, who is at the start of her career. She had completed her studies at university, with a degree in Business Administration and Conservation Studies, but had no clue what to do. Through her visit to a career counselor, she learned more about her skills and values.The different tests and discussions helped her reveal an interest towards organizational and managerial positions. She began focusing on applying for these types of positions in PR and landed a job quickly.In Claire’s case, the career counseling helped identify the kind of jobs she would most like to perform, as well as the ones suited for her specific talents. She identified different options and created a path towards a career she liked.The second case study focused on Andrew, who was transitioning from one job to another. He had been laid off from a law firm and he wanted to re-evaluate the direction his career was heading.Andrew’s problem was that he hadn’t previously planned a career in law, but had just taken on the opportunity as a young man. Yet, he was worried about the difficu lties in changing a career. Through the assessment and discussion with a career counselor, Andrew noticed he was drawn to being creative and solving problems. He considered a number of different career paths that would fit his skills and values, and eventually went on to complete a Financial Planning certificate.In Andrew’s case, the career counseling helped him understand what his actual interest are and the different options he has available, without it causing him financial problems. He learned about different study routes and options to continue in the legal field, while gaining skills in another subject.The two examples highlighted the benefits of career counseling in different situations. The practice can empower you to better understand your own preferences, but also receive real life tips on how to achieve those goals.In addition to the above, career counseling can also provide specific social and economic benefits. A 2003 report titled, The Educational, Social and Economi c Value of Informed and Considered Career Decisions, found career counseling being able to provide benefits such as:Increase your job satisfaction. You can learn strategies that can help you solve issues at your current position, such as negotiating a promotion. On the other hand, you can simply find your true calling, ensuring you aren’t stuck in a career you don’t like.Lower work-related stress and depression. Unhappiness at work has been shown to lower your ability to make healthier life choices. Thus, you can suffer from more stress and even depression. By ensuring you’re happy at work, you can reduce these harmful effects.Shorten your unemployment periods. You’ll receive tools for a more effective job search and networking, which can ensure you aren’t unemployed for long.HOW CAN CAREER COUNSELLING HELP WITH JOB PROGRESSION?To fully comprehend the ways career counseling can boost your job progression, you should understand the process behind it. All career counseling f ocuses on similar tactics, although the methods they use might vary slightly.Identifying your strengths and skillsFirst, a career counselor typically starts by helping you define the strengths and weaknesses you have in terms of personality. This is often done through both self-assessment and different personality tests.There are a number of different personality tests and different counselors might use different assessment methods. One of the major analysis options used for career analysis purposes is the Myers-Briggs Type Indicator test.This test looks at the four personality dichotomies: extraversion/introversion, sensing/intuition, thinking/feeling, and judging/perceiving. The test will show the traits that are the most dominant in you, all of which can be used to understand the kind of roles most suited for your personality.Watch the below to find out more about Myers-Briggs method: Furthermore, the counselor will also help you examine your skill set. This can involve skill-bas ed tests, such as an IQ test. The aim is not to find out how smart you are, but rather where your strengths lie. In addition, your skills are also analyzed through the education you have and the work or other experience you’ve gained.The above will then be used to better understand the roles and positions, most suited for you and your career. This can help you identify the direction you want to take if you are starting out or re-direct your career path to a different direction.The more understanding you have about your own capabilities and values, the more able you are to look for the roles that you want and which help you progress.For instance, you might work in the service industry and through the above assessment realize your true strength lies in the sales sector. This can help you focus on searching for sales in the service industry, rather than customer service aspect of the industry, for example.Examining factors which influence career developmentThe second point that helps your career progression is the focus on factors influencing your current career development. The counselor will help you identify the different issues that can have an impact on your career progression. These include:Personal factors â€" If you have a family to support, career counselor will help identify career goals with you, which align with your family’s needs. For instance, if you can’t afford to stop working while changing careers, the counselor can help identify ways to obtain skills while working.Value-based factors â€" These include not only things you want from your job, but also specific values that might influence your job satisfaction. For example, you might want to find a role that focuses on social justice.Educational factors â€" What are the skills you have and how can you continue to learn more about your chosen industry? Career counselor will help map out the educational landscape, both in terms of the past and the future.Ability-based factors â€" You’ll als o examine the ability-based things influencing your career progression. This is a combination of examining your experience and finding different ways to increase the experience. For example, internships might be a suitable option for you or you should consider pursuing your new career as a hobby first.Understanding how each of the above factors are influencing your career progression, both in terms of hindering it or boosting it, you can focus your efforts in strategies that work the best.For instance, you might notice your education is slowing down your chosen career progression and keeping you from promotions. With the help of a career counselor, you can start looking into ways to educate and train yourself further.Focusing on the right strategiesCareer counseling will also help you focus on the right strategies in terms of career progression. The assessment and tips provided by the counselor will help you understand how to land a job of your dreams and where to put your energies when it comes to re-focusing your career.Some of the strategies you can learn from a career counselor include:Networkingâ€"Career counselor can help you understand how networking can help your career and teach you more about the best practices regarding the process.Use of social media â€" Social media’s role in finding a job is growing and career counselors can help you understand how to take advantage of it. If you are wholly unaware of its use, you could even get help in creating profiles in platforms like LinkedIn.Finding training opportunities â€" Career counseling can help you find resources for training your skills. If you are at university, you can discuss the different course options and any additional studies you should take. For workers, career counseling can help identify adult learning opportunities, both in full- and part-time education.Creating personal development goalsâ€" Finally, you’ll also learn strategies in terms of personal development. The enhanced awarene ss of your personality can help you improve the weaker aspect and learn more about using your best traits.Together with the career counselor, you are able to identify the resources you need in terms of career information, opportunity and development. Furthermore, you can better understand how to use these resources, which can guarantee you more access to better job opportunities.For instance, strategies, such as networking, can be crucial for guaranteeing faster career progression, as it connects you with influential people within the industries you are passionate about.As mentioned above, the strategies are not only useful for people looking to get on the career ladder or seeking a new direction with their career. Career counseling provides you more tools to ensure your current work situation improves. Training or better focus on personal development can give you the resources you need to seek for a promotion or ask for a salary increase. Career progression doesn’t necessarily me an changing jobs, as simply improving your status or financial incentive, can ensure you go forward in your career.CONCLUSIONCareer counseling can be a highly beneficial practice in terms of career progression. The process isn’t just for people at the start of their career. Whilst the process isn’t about telling you what to do and landing a job on your plate, career counseling can help you better understand what you truly want from your career.In terms of career progression, career counseling guarantees you don’t stall in your career development. It does this by helping you identify your ideal career goals and the routes you need to take to achieve them. It’s also crucial for strengthening your abilities in order to march forward. It can do so either by improving your skills through training or by boosting your ability to use different resources and strategies to your advantage.