Request for Professional Development Funds
Professional Development Request Form
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Stanford Leadership Program (Online)
| Topic | Response |
| Date of Request | 19/6/2021 |
| Purpose of Opportunity | · Currently, effective leadership is one of the aspects supporting the growth and continuity of many organizations. Amidst the increasing competition in the business world, there is a need to learn about ethical leadership to ensure that our organization does not suffer from ethical issues that may ruin its reputation and decrease its profitability (Perry, 2018).
· Course competencies include innovative leadership, team development, effective decision-making, and problem-solving. · The course is suitable for all leadership levels, including team leaders. · The course brings together global leaders, thus creating a vibrant community of leaders that can exchange ideas aimed at transforming organizations in the modern business world (Stanford Business School, 2021). · The Stanford Graduate School of Business Professional Certificate is issued upon completion of the course. |
| Funds Requested | · $1,500 per enrolled employee |
| Nonfinancial Requirements | · 5 to 10 hours a week, hence the need for flexible working hours.
· Submission of applications before 4th August 2021 because that is the course application deadline.
|
| Professional Benefits | · Interacting with leaders from different organizations across the world, hence gaining information about different leadership styles that can be used in organizations.
· Brainstorming with other leaders on how to address contemporary leadership issues affecting organizations. · Development of better leadership capabilities to operate in the modern leadership environment. · Acquiring knowledge on how to be a modern leader in different parts of the world based on the experiences shared by other leaders studying the course. |
| Organizational Benefits | · Highly experienced leaders with knowledge of how to address contemporary human resource management issues.
· Better problem-solving in the organization with adherence to ethical principles. This helps the organization avoid legal issues. · The organization will benefit by achieving better effective leadership because our leaders will benchmark with other leaders to get the best leadership practices needed for the success of the organization. |
| Approving Manager | Petey Penmen |
Approval Signature: [Insert name]
Approval Date: [Insert date]
References
Perry, A. (2018). Ethics, leadership, and ethical leadership. Biblical Theology for Ethical Leadership, 23-43. https://doi.org/10.1007/978-3-319-75043-9_2
Stanford Business School. (2021). Stanford GSB executive education – Stanford LEAD. https://stanfordexeced.stanford.edu/lead-brochure-download/?cid=7013l000001dcmzAAA&campaignid=71700000059199127&adgroupid=58700005418275745&adgroup=LDC-NT+-+Leadership+-+Course+(e)&kwid=43700063044746555&matchtype=p&feeditemid=&targetid=kwd-17921392&utm_source=GOOGLE&utm_medium=cpc&utm_campaign=LDC-NT+-+Leadership+(INTL)&utm_term=leadership+course&utm_content=406588991223&loc_physical_ms=1009824&loc_interest_ms=&network=g&adposition=&target=&device=c&devicemodel=&gclid=CjwKCAjwq7aGBhADEiwA6uGZp8JVe8rNLHdEhmIXNqq0M7Tyacz2Q7-MH__VLxFGZqUcVFRC5hd_JBoC_-gQAvD_BwE&gclsrc=aw.ds
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Question 
Overview
An important part of any career is professional development. Professional development can consist of attending conferences, taking additional courses, reading professional texts, or earning industry credentials. Many workplaces not only encourage professional development, but also provide employees with funds to be used for this purpose. Use what you have learned about relevant credentials in your course resources to complete this assignment.
Prompt
Your manager has asked that you submit a request for professional development funds for an industry credential related to sustainability, business ethics, or operations management. Select one of the credentials covered in your course resources or a relevant credential you find online that meets your manager’s requirements. Explore the purpose, requirements, and career benefits of the credential, then complete the request using the Module Eight Assignment Template.
Specifically, you must address the following rubric criteria:
Purpose: Briefly describe the purpose of your selected credential from a business perspective. The following questions can be used to help guide your description:
What knowledge, skills, or expertise does it help recognize?
What fields or industries is it relevant to?
How widely known or recognized is it?
Requirements: Identify the requirements for earning the credential. The following questions can be used to help guide your response:
What is the financial cost of the credential?
What is an estimate of the time required to earn it?
What evidence needs to be provided to earn it, such as a portfolio, paperwork, exams, work experience, and so on?
Does the credential require renewal, and if so, how does one renew the credential?
Career Benefits: Describe the general career benefits for both professionals and organizations related to the credential. The following questions can be used to help guide your response:
How might the credential impact a job application, or what types of jobs could you reasonably apply for?
How might the credential impact your pay or expected salary for a new role?
What specialized knowledge or skills would you gain from earning the credential, and how might they benefit the organization?
Is the credential required or preferred for regulatory requirements your organization must adhere to?