International Business

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watch the following video and go over the attached pdf and edit if there are anything else needed to be edited. The essay is about writing a panel discussion and its key take aways

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Nicky Pham
International Business
Professor Xiao Hua Yang
Monday January 15th 2023
Panel Discussion Summary and Key Takeaways
Introduction
The panel discussion brings together experienced leaders from diverse backgrounds to
delve into the complexities of navigating purpose in leadership roles. The participants addressed
various stages of a career by sharing their insights on the evolving nature of purpose, its
alignment with organizational objectives, and the challenges individuals face in integrating
personal purpose with professional responsibilities
Summary
The panel discussion on leading with purpose provides insights drawn from the collective
experiences of diverse leaders. The conversation delves into the evolving nature of purpose, its
alignment with organizational goals, and the challenges and rewards of leading with purpose.
The central theme revolves around the dynamic character of purpose. It urges individuals to
continuously challenge themselves to evolve in service to clients. The discussion explores the
question of leading with purpose, contemplating whether it should be integrated from the start of
one’s career or naturally developed over the course of time (ForbesWomen, 2021). There is a
consensus that purpose, especially for entry-level employees, should be in line with the core
objectives of individual roles and the broader corporate mission. The integration of purpose and
profit emerges as a critical discussion point. It emphasizes the need for businesses to implant
purpose-driven initiatives into their core models for sustained success.
In the discussion about purpose, personal stories play a crucial role. The panelists share
real-life experiences of having mentors and support networks that help them navigate their
professional journeys. These stories show how mentorship acts like a guide, helping them make
important career decisions and supporting them during tough times. The panel discussion
highlights the idea that finding your purpose involves making trade-offs. It’s about finding a
balance between personal values and professional roles, gradually figuring out what really
matters to you in your career. Purpose goes beyond personal satisfaction; it positively affects the
people the panelists work with. Whether they are dealing with clients directly or spreading
messages through social media, their sense of purpose brings about positive change. The
panelists also share stories of unexpected letters expressing thanks and recognition
(ForbesWomen, 2021). These stories prove how powerful it is to have a sense of purpose and
how it can genuinely make a difference in other people’s lives.
Key Takeaways
The first key takeaway is the dynamic nature of purpose. The discussion starts by
emphasizing the dynamic nature of purpose in a professional journey. The panelists stress the
importance of continuously challenging oneself to evolve in service to clients. Whether offering
new funds or services or leveraging technology to enhance efficiency, the speakers advocate for
an ongoing commitment to improvement. The shared sentiment is that purpose is not a static
element; rather, it evolves in response to the changing landscape of both individual careers and
the organizations they serve.
The second is leading with purpose. The discussion delves into the idea of whether
individuals should embrace purpose as a guiding principle right from the beginning of their
careers or allow it to evolve naturally over time. This central theme prompts an exploration of
the challenges and considerations associated with this decision. The panelists recognize that,
particularly for entry-level employees, there might be conflicting pressures between the
immediate demands of a job and the expectation to lead with a clearly defined purpose. The
advice that emerges from the discussion is a nuanced one. It suggests that the alignment of
personal purpose and career objectives is a gradual process. This gradual alignment is
underscored as essential, emphasizing a need for individuals to comprehend both the
fundamental objectives of their specific roles and the broader mission of the organization. The
panelists advocate for a balanced approach, acknowledging the realities of the early stages of a
career where immediate job responsibilities might take precedence. However, the emphasis
remains on the eventual coming together of personal purpose with professional goals, creating a
cohesive and meaningful trajectory in one’s career journey. This perspective recognizes the
dynamic nature of purpose and the need for a strategic and evolving alignment with career
objectives and the broader corporate mission.
The third is purpose and profit integration. An insightful discussion unfolds around the
integration of purpose and profit. The speakers highlight the need for companies to align their
purpose-driven initiatives with the core business model. Drawing parallels between personal
purpose and company objectives, the panelists stress the importance of finding a balance where
purpose and profit are not mutually exclusive(ForbesWomen, 2021). The conversation suggests
that purpose-driven initiatives, when embedded into the business model, can contribute to
long-term success and sustainability, mitigating potential challenges during economic downturns.
The fourth is mentorship and support networks. The role of mentorship and support
networks in navigating purpose becomes evident through personal anecdotes shared by the
panelists. The importance of mentors in guiding career decisions, especially during challenging
times, is underscored. The participants highlight the significance of having a support system that
fosters professional growth and reinforces the alignment of personal purpose with organizational
goals. Mentorship, as described in real-life scenarios, emerges as a crucial factor in helping
individuals navigate their careers with purpose.
The fifth is trade-offs and realistic considerations. The discussion addresses the trade-offs
individuals may encounter when striving to lead with purpose. While aligning personal values
with professional roles is essential, there is a realistic acknowledgment that individuals may
prioritize financial stability. The panelists advocate for a balanced approach, where the pursuit of
purpose is integrated into career decisions incrementally, recognizing that finding one’s purpose
is a gradual process that may span various career stages.
The sixth key takeaway is the impact beyond personal goals. The discussion transcends the
realm of personal fulfillment to highlight the broader consequences of engaging in
purpose-driven work. The panelists elaborate on how their respective roles, whether involving
direct interaction with clients or influencing through social channels, contribute significantly to
creating a positive influence on individuals. The transformative power of purpose is vividly
portrayed through anecdotes shared by the speakers. They narrate instances of receiving
unexpected letters expressing gratitude and recognition from individuals whose lives have been
positively impacted by their work. These stories serve as powerful illustrations of how
purpose-driven actions, whether in client interactions or through broader social engagement,
have the potential to make a meaningful difference in the lives of others. This key takeaway
emphasizes that the impact of purpose extends well beyond personal career achievements. It
speaks to the profound influence individuals can have on others when they align their work with
a sense of purpose. The stories of recognition and gratitude serve as compelling evidence of the
transformative ripple effect that purpose-driven actions can have, creating a positive and lasting
legacy beyond individual goal.
Conclusion
The panel discussion provides a comprehensive exploration of purpose in leadership, which
entails the dynamic nature of purpose, the interplay between personal and organizational
objectives, and the importance of mentorship and support networks. The insights shared by the
participants offer a valuable guide for individuals navigating their careers with purpose and
organizations striving to integrate purpose into their core strategies. The key takeaways
underscore the transformative potential of purpose, both at a personal and organizational level, in
creating a meaningful and impactful professional journey.
References
ForbesWomen. (2021, May 18). Leading With Purpose Panel | Forbes Women’s Summit.
Retrieved from YouTube: https://www.youtube.com/watch?v=t4f_KbSwSVU

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