Leadership and Employability Essay

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Leadership and Employability

Report on Accounting and need of Strategic Leadership

Accountants at the management levels can be depended upon to have technical accounting expertise to give organizations the financial knowhow they need to fulfill statutory reporting requirements. However, management accounting also entails supporting the enterprise. Management accountants can combine analysis and accounting skills with their business understanding, making them able to give reliable performance metrics and forward looking, evidence-based management information. Management accounting skills are very much in demand. We are aware of many others who are not fortunate in this context. About 75 million young people are not employed, whilst employers still cannot find individuals with the right skills to grow their businesses (CGMA Report, 2014). This report aims to inform and make young accounting graduates aware of ways to become effective accounting department team members and to eventually grow into future finance directors within businesses. A firm can acquire several benefits by employing qualified accounting graduates, such as (GRB Team, 2015):

Tested or proven return on investments

The ideas and skills of accounting graduates can make significant impacts on a firm's basic finances. Graduates add about £1 billion of value to the British economy on a yearly basis, based on research done by the Association of Graduate Recruiters (AGR).

Ready to mould

Organizations have the opportunity to shape these graduates to their requirements, so that they become part of the culture. Modern accounting graduates have developed a habit of learning constantly, so even in employment situations they will seek to acquire updated knowledge. They are frequently seen as a "blank canvas," fully open to new ways of working, ideas, and experiences.

Robust business skills

Studying assists students to develop basic transferable skills such as oral and written communication, presentation, problem-solving, data analysis and organization. Technical graduates also have the latest technical and specialist skills gained in the learning process. Many will also have the experience of applying academic knowledge gained through work placements and internships maybe whilst at competitor companies.

New viewpoints/perspectives

Graduates contribute new ideas and apply up-to-date thinking skills from academia. Recruiting graduates can also increase a work team's diversity.

Speed to value

Graduates have the potential to learn more quickly and to provide more immediate financial returns.

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They are often more willing and enthusiastic to take on challenges. Graduates do understand and have the ability to adapt to change.

In summary, recent college students and graduates definitely have the capacity to absorb, comprehend and implement new training and instructions at much faster rates than older employees. And, because they are fast learners and many with the ability to multitask, students have proven to be better hiring options for a wide range of businesses. They are often ready, eager and looking to quickly prove their worth to their superiors, offering organizations the willingness to do quite a number of odd types office jobs. Moreover, current students and recent graduates are often more willing to assist their co-workers when needed (McLean, 2015).

I recommend that, of the many benefits of hiring a recent graduate, his or her readiness and eagerness to learn should definitely be considered. After several years of study, graduates are usually very excited to join the world of work and to learn new practical skills in a different environment. These students will absorb anything that one teaches them like a sponge and will be able to execute tasks with the kind of energy that might be lacking in more experienced professionals. It will be better to hire an individual who is ready and willing to learn, who will put their best foot forward and work hard in every task, than hire a highly knowledgeable and experienced person who is work shy. A fresh graduate will also have a greater potential of work flexibility. With experience comes a lot of stubbornness. A worker who has been employed for many years on a job will think there is only one way of doing a job and may not be willing to try out any new methods. Every business executive is aware that to succeed in business, an enterprise cannot be static. A fresh graduate has the flexibility to move forward with your business as it tries new ideas (Little, 2014).

Table of Contents

Introduction 6

Accounting and critical understanding of associated leadership and employability issues 7

Positive Impact of strategic leadership on strategic and financial management decision-making 8

Traits to be an effective team member 10

Research.....

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