ARTD3047 PROFESSIONAL PLANNING - Words: 1057 - the fmm showcase
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Contents INTRODUCTION 3 PERSONAL ANALYSIS 4-10 CHALLENGES/PESTLE 13 INDUSTRY REQUIRMENTS 11-15 BIBLIOGRAPHY 16 APPENDIX 17-21
INTRODUCTION This personal development plan reflects my potential as an em- ployee working in the fashion industry. The strategy has been developed using current skills, highlighting opportunities for further development, to achieve my goals and gain a position as a buyer. Academic tools have been used to support this analysis.
SKILLS The skills developed throughout this university experience have prepared me for a future career in the fashion industry. I believe that the most important skills that I have acquired during my time at university are the ability to work under pressure, com- munication and organizational skills. According to Target Jobs (2020), these are also listed as the top ten skills that potential employers are interested in. I also had the opportunity to gain paid experience in retail as a customer assistant, for the last three years. This is extremely beneficial as ‘some large retailers offer training schemes in general store management with the option of specialising in buying after completing the general programme. This way, trainees are allowed to gain skills and experience in all aspects of retail before specialising.‘ (Prospects, 2020) this previous experience could potentially help with securing this type of position after graduation. Working in retail also pre- pared me to work with a team that is constantly changing and adapt to any new challenges – crucial skills to break into the fashion industry.
PERSONALITY Regarding my personality, I believe that I am open-minded, honest and an agile communicator. Based on the Belbin‘s Team roles [Appendix1 ] I found out that I am a team worker meaning that as an individual I am willing to co-operate and work for the good of the team but also avoid conflicts and in turn not always voice my opinion – and a Specialist and Co-ordinator who is single-minded and dedicated to what they do but also will work only on one task and forget to look outside the box and expand (Belbin, 2020). According to Myers-Briggs theory that is an adaptation of the theory of psychological types produced by Carl Gustav Jung. It is based on 16 personality types, which Jung viewed as stereotypes (Jung 1921, p. 405). They act as useful reference points to understand your unique personality (Jung 1957, p. 304). According to the personality assessment, my personality type matches to the Architect and the Inventor types [Appendix]. Appendix 1: Belbin Team Roles
This means that I am an energized by the challenge and are often inspired by a problem that others perceive as impossible to solve and I will often jump into a new situation and trust that I will adapt as I go [Appendix 2-5]. These personality types perfectly align with my selected career as I thrive on cooperation and wo rk best in a harmonious environment where I can support other people and encourage their growth. Appndix 2: Myers Briggs Personality Types
5 year plan 1 Year Develop more industry experience, especially buying, merchandising and fashion journalism, by looking for a paid internship or entry-level position and acquiring training, hopefully gaining knowledge about buying and potentially merchandising as it would be extremely beneficial for the future. 2/3 years Progress or change roles to utilize newly acquired skills, hopefully, an assistant buyer role that would allow for further development of knowledge and understanding of the demands and ex- pectations of a fashion buyer. 5 years My long term goal is to acquire a role as a fashion buyer. According to Aileen Yu (2019), a buyer is solely responsible for selecting and ordering what is sold in stores to ensure maximum profit. This role demands focus on trend forecasting, business perspectives and communication skills. Making sure to consciously develop leadership skills would be beneficial to achieve a position as a head buyer.
Life after university is not easy as there is a significant number of new educated poten- tial employees who all have similar opportunities. Challenges also include the changing cost of living – London is significantly more expensive than Winchester. There is also a lot of variables in the role of a buyer as according to Sutherland, E., (2018) CHALLENGES Buyers are faced with the almost Herculean task of pleasing an increasingly demanding and fickle shopper. Faced with a buffet of choice from a variety of retailers and brands, today’s shopper is trend hungry, price-conscious and armed with more information than ever before. To be a great buyer in the digital age communication and collaboration is key as it is important to know not only what is going on in the industry but also be aware of cultural and economic trends.
Strengths Ability to work under pressure. I often had to S train new members of staff and lead a team in various situations. I could practise my skills in constantly shifting retail landscape and adapt to the situation to achieve success. During my time at university, I have developed a wide range of communication skills through various presentations and digital projects. I have developed a strength in being able to conduct my independent research, select and truly develop an issue and demonstrate my ability to give a project a personal direction yet apply industry knowledge to further illustrate the points that are being made. Weaknesses W I lack confidence in my digital skills – something that I am extremely focused on improving as these skills are crucial in the modern fashion landscape. I have no buying experience and limited contacts in the industry. Lack of internships – I had to work to support my- self through my time at university Opportunities Exprole various roles in the industry to develop a skill set that is applied to various roles (e.g., O merchandising) Build leadership experience by working with var- ious teams Exciting new ideas such as customization will provide new opportunities for a buyer; job role will change Degree in Fashion Marketing and Management from a Russel group university will open many doors Threats Graduates and people with more experience competing for the same job roles T Lack of training opportunities in an entry-level position Lack of economic development co uld pose a significant threat
INDUSTRY
REQUIREMENTS Employers all around the world are looking for graduates who are good critical thinkers – who can bring an open mind, be self-reflective, able to manipulate multiple perspectives and challenge the conventional ways of thinking (Cotrell, S.,2017). The role of a buyer is one of the most desirable ones in the fashion industry. This role combines the knowledge of fashion and business – trend forecasting and quantitative and analytical skills – it is where art meets science, where knowl- edge of trends and the ability to use Excel are equally important. [Appendix 6] ‘One minute the buyer could be talent scouting the latest brands, the next minute he/she could be presenting to the board why the buying decision has been made to purchase a budding designer’s collection based on consumer in- sight.‘ (Yu, A., 2019). To succeed in this career buyers need to have the foresight and develop skills in people man- agement and time management. It is rare to find someone with an equal balance between these qualities and skills and many buyers will excel in some while being only adequate in others. Enthusiasm and self-motivation are possibly the most important elements as they cannot be taught; they are the main qualities that, together with experience or qualifications willh elp the buyer to obtain that all-important first job.
CHALLENGE/ PESTLE The rapid spread of Coronavirus is causing a major economic and social disrup- tion on a global scale as: • Major retailers may need to close stores longer than the initial two weeks many suggested, with layoffs expected across the industry. • Burberry warns of a dire sales slump, projecting a decline of 70 to 80 per cent over the coming weeks. • Goldman Sachs and Bain & Company expect activist investors and private equi- ty firms to take advantage of low valuations to buy companies in trouble at a bargain — which could include almost any major player in retail right now. • The digital influencer community has begun to post recommendations and confessional content related to the novel coronavirus outbreak (BOF, 2020). The coronavirus has caused the quarantine of more than 50 million people in China, alongside travel and visa restrictions to more than 70 countries. Investment bank Jef- feries estimates that Chinese buyers accounted for 40 per cent of the 281 billion euros ($305 billion) spent on luxury goods globally last year. Chinese consumers are the fastest-growing luxury shopper demographic in the world, driving 80 per cent of the past year’s sales growth in the luxury sector alone (High snobiety, 2020). Trend forecaster Li Edelkoort told Dezeen, “Not many people understand what is hap- pening to our world and economy right now. Often in companies, up to 90 per cent of all goods are made in China from oil-derived substances such as plastic and polyester. We will soon see shelves empty of shoes, phones, clothes and even toothpaste. We will have a shortage of medical supplies and will see a stop in the endless production of ugly souvenirs and useless goody bags. We already know that the design processes for fall/winter products are not happening as they should be.”(High snobiety, 2020). Coronavirus will have a damaging effect on the industry as a whole – a supply chain has already been majorly disturbed, a global industry cannot function properly while the borders are closed. This will cost the industry millions if not billions of pounds and there will be a major loss of entry-level positions and opportunities for upcoming graduates. [Appendix 7].
CV Egle Brandisauskaite Adress: Erasmus park, Easton Lane,Winnall Winchester England SO23 7XA Phone (Mobile): +4407708308683 E-mail address: egle.brandisauskaite1998@gmail.com Linkedin.com: egle-brandisauskaite-6a7869150 Ambitious and knowledgeable Fashion Marketing and Management graduate with a passion for product devel- opment and distribution looking for a position in the fashion industry. Education: Graduated from Krekenavos Mykolo Antanaicio gimnazija 2017/07/14 locat- ed in Krekenava, Lithuania with an grade average of 8.6. IELTS score of 8 out of 9. 2005-2017 Student at the University of Southampton Fashion Marketing/Management course starting in September 2017. 2017-2020 Skills: Communication • Able to clearly and articulately contribute to group discussions during tutorials at university • Strong written skills are shown through coursework and written reports • Strong presentation skills showcased at university IT • Proficient IT user, competent with Word, Excel and PowerPoint • Developing skills in Adobe Creative suite Industry knowledge • Management and Marketing strategy understanding showcased in university projects • Knowledge and understanding of the key areas of fashion management and branding Interpersonal skills • Ability to work as part of a team in a leadership role, organizing group projects at university • Ability to work under pressure and adapt to various situations • Ability to solve problems and resolve conflicts Pre-employment experience/Interests: Help in organizing events in my local community; Participation in regional academic contests evolving around history and English. These experiences in my local community allowed me to develop better communication skills and develop a more creative side. Languages: Lithuanian, English Experience: Tesco Customer Assistant 2017-2020 Working as a customer assistant at Tesco has taught me a lot of valuable skills such as time management, ability to work under pressure and the importance of teamwork. During my time there I had the opportunity to work in various departments including a role in merchandising on the shop floor. I had the opportunity to see how a retail business operates and learn leadership and organizational skills.
COVER LETTER Egle Brandisauskaite Winchester Phone (Mobile): +4407708308683 E-mail address: egle.brandisauskaite1998@gmail.com Linkedin.com: egle-brandisauskaite-6a7869150 Ms Nadine Tippin Managing consultant Ladies young fashion Manchester 20th March 2020 NT-5000552 Re: Junior buyer Dear Ms Tippin, I am writing to apply for the junior buyer position at the Ladies Young Fashion boutique. Please find my CV attached. I will graduate this summer from the University of Southampton with a BA Hons degree in Fashion Marketing and Management (Management is my main speciality). I have been developing research on a buying role and been looking for a new exciting opportunity to progress and I have experience in the retail sector that would prove beneficial for this position. My time at the Unversity of Southampton has let me develop extensive knowledge of product development and distribution in the fast-paced reactive business. I regard myself as an enthusiastic worker and enjoy working in a team, which I have done in my previous jobs as well as during project work and seminar presentations on my course. I am interested in this position, as I believe it will enable me to utilise the skills I have developed through my course and work experience to date. My previous part-time job with Tesco has provided me with extensive experience of delivering strong customer service as well as the sale and merchandising skills. Having practised English since school, I have excellent language and communication skills and achieved a high score (8 out of 9) for my IELTS (International English Testing System). As you can see from my CV, I have developed a range of skills and experience which will enable me to tackle any issues with determination. I have demonstrated the hard work, time-management and flexibility which I believe are essential to success in a career in buying. Thank you for taking the time to consider my application. I hope that you will be persuaded that I have the enthusiasm and commitment, as well as the necessary skills and experience, to make a positive contribution to your business. I am available for interview at any time and look forward to hearing from you. Yours sincerely, Egle Brandisauskaite
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APPENDIX The Nine Belbin Team Roles
Myers Briggs Personality Types
APPENDIX 6: SKILLS + PAST PROJECTS (JUSTIFICATION)
Appendix 7: Ecocominc cures for the Coronavirus
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