Identification Of Two SparkPath Challenges
The two challenges: Ending extreme poverty and Distribute the wealth
1. Ending extreme poverty
Ending extreme poverty is always the ultimate goal for human society, but how we achieve this goal is crucial. The challenge inspired me to positively impact the world and contribute to a more equitable and sustainable future. This goal is necessary and relating my real life because it can help individuals work towards creating a fairer and more equitable society where everyone has access to necessities and equal opportunities for success.
Furthermore, I believe that solving this challenge can have positive ripple effects on other global issues, such as promoting environmental sustainability and reducing conflict and violence. When people are not struggling to survive day-to-day, they can focus on long-term planning, improving their communities and the world around them.
My suggested career focus areas for this challenge:
Economist, Communications Officer, Policy and Advocacy Advisers.
Card alignment with my top strengths:
Perspective----Being very careful of have I behave to people I'm helping with, to defend their emotions and self dignity.
Kindness----Doing the best to help people and take care of them
Humility----Being humble to one and other, Only analysis the facts of those population facing with, and analysis how much resources need to be " input".
“Overcoming poverty is not a gesture of charity. It is an act of justice. It is the protection of a fundamental human right, the right to dignity and a decent life.”-----Key Statements & Speeches by Nelson Mandela (1961 — 2008)
2. Distribute the wealth
The challenge of distributing wealth is to create a more equitable and just society by ensuring that resources and opportunities are shared fairly among all members of a community. I am interested in the goal of distributing wealth because economic inequality can have negative consequences for individuals and society as a whole, when a small percentage of the population controls a large share of the wealth, it can lead to political and economic instability, as well as social unrest. Additionally, unequal access to resources and opportunities can perpetuate cycles of poverty and limit social mobility, making it harder for individuals to achieve their full potential. Although, I saw the link with my challenge 1 "Ending the extreme poverty" sharing the same goal that is inspired people to create a more equitable and inclusive world.
My suggested career focus areas for this challenge:
Community Organizer, Asset, portfolio or wealth managers, Investment advisor, Venture capitalist, Private equity funds.
Card alignment with my top strengths:
Prudence----Being careful with potential risks, if the risk can not be avoid it
Judgment----Seeing thing in different perspective.
Love of learning---- love to figure out how Scandinavian country's Governments mange their taxs, that create the society which close to every citizens have equal rights and great welfares
"We must work together to ensure the equitable distribution of wealth, opportunity and power in our society." by Nelson Mandela (1961 — 2008)
My Personality Type
I have an INTJ (introverted, intuitive, thinking, and judging) personality according to Carl Jung’s and Isabel Briggs Myers’ personality type theory (Humanmetrics, 2023). Furthermore, according to my Portrait Values Questionnaire Test results (Schwartz, 2023), My top 3 value is Self-direction (5), Achievement (4.25), and Security (4.2).The portrait values can be clustered into overarching traits. My scores are as follows:Openness to change (4.17),Self-Transcendence (3.59), Self-Enhancement: (3.7), Conservatism (3.73).
Based on the parameters of my preferences, I am aware that I am introverted and feel at ease when working independently and have very good ability on self control and self direction. Furthermore, when I make business decision making i care more about the facts and what I see and left the personal feeling on behind. I see myself as an over thinker, On one hand, overthinking can leads me to careful analysis and planning, which may result in better decision-making and problem-solving. On the other hand, excessive overthinking can cause my anxiety, stress, and mental exhaustion, leading me to indecision and difficulty taking action. Therefore, it is important for me to find a balance between analyzing situations thoroughly and not getting caught up in overthinking. It can be helpful to practice mindfulness, seek support from others, and challenge negative thoughts to manage overthinking tendencies.
Although, I see myself as vey independent over-thinker in work place, but I also stay with loneliness, enjoy it and suffer from it.
According to my 2 values is Achievement and Security. I wish people see my knowledge that I have learn, what have I achieve and my "inside", therefore, I tend to overthink and feel insecure about sharing my accomplishments. I think feeling lonely while experiencing this can be difficult and challenging, but it is important to recognize that it is okay to have these emotions and to seek support from others. Sometimes talking about our thoughts and feelings with someone we trust can help alleviate anxiety and provide a sense of comfort and connection.
in conclusion, finding a balance between introspection and socialization may help me feel more fulfilled and supported in their personal and professional lives, therefore, understanding myself still have long way to go, but I can addresses som areas that need improvement according to what I have learned.
Drawing upon the career options provided by my SparkPath, I am going to investigate 2 roles: ESG investment project officer and Investment banking divison specialist.
My top 5-character strengths (According to the VIA survey):
- Courage – Honesty (1).
- Wisdom – Judgement (3), Love of learning (4).
- Transcendence – Prudence (2), Humility (5).
I did not have the virtue category of 'Humanity' and 'Justice" in my top 5. This virtue appeared in my top 8. but the closet is:
- Humanity – Social Intelligence (7), Kindness (8)
- Justice – Leadership (11)
My top strengths demonstrate that I possess a natural inclination towards careful and thorough consideration of all aspects of a situation, which indicates my intrinsic motivation for acquiring new knowledge. When considering the application of my strengths against my 2 chosen challenges, what I find most appealing is the ability to make sound resource allocation decisions, as both of my current challenges demand it. In my line of work, where resources, finances, and personnel are often scarce, meticulous allocation is crucial in order to approach problems from a variety of angles and manage potential risks based on factual information.
Personal Values
Focusing on the balance then success in balance.
Personal Interest
In enjoy reading, painting, gravel cycling, skiing, jungle running, writing poems and Chinese calligraphies. One thing I like the most is fiction and non-fiction reading, My recommendation of books: The Temple of the Golden Pavilion by Yukio Mishima, The sane society by Erich Fromm.
I am graduating with a Bachelor of Business, majoring in finance and minoring in Blockchain and Economics. While my degree encompasses a diverse range of disciplines, I believe that these areas complement each other, here is potential benefit:
- Wide range of career options: This combination of majors and minors can open up a wide range of career options in finance, banking, investment, consulting, and technology sectors. I could pursue roles such as financial analyst, investment banker, consultant, blockchain developer or economist
- Knowledge of emerging technologies: By minoring in Blockchain, i can gain expertise in one of the most innovative and rapidly growing technologies in the world. This knowledge could be valuable in industries such as banking, finance, healthcare, logistics, and more.
- Strong analytical skills: Studying these can provide me with a strong foundation in analytical and quantitative skills, which are highly valued in many industries. You can learn how to analyze financial statements, forecast economic trends, and make sound investment decisions.
After graduating, I am seeking a career path where I can apply the knowledge I have acquired in Finance and economic related project. and I also would like to take a master degree to explore and promote more about what I have learned. Furthermore, the capability ‘Finance Technology’ and 'ESG Investment" are of interest to me as it aligns with my personal values, strengths and skills, as well as my degree. Because I aspire to utilise my existing knowledge to address the increasing crises and contradictions present in human society, such as water scarcity, poverty, conflict, and climate change. Additionally, I aim to expand my horizons and witness the historical sites and diverse landscapes of various countries, including those impacted by war, by leveraging the knowledge I have acquired to generate wealth.
I have identified areas for improvement and devised plans to achieve them. Additionally, I have taken the RMIT Career Edge+ assessment, which revealed my areas of weakness, as shown in the results below,
- Further studying: Take a master degree, helps me gain a deeper understanding of financial theories and practices, and learn how to apply them to real-world scenarios.
- Teamworking: Focus on building positive relationships with me teammates by being honest, dependable, and respectful.
- Career option: Reach out to professionals in RMIT Job shop that interest me and request an informational interview.
- Set specific and realistic goals: help me stay motivated and focused and aovid the procrastination
- Overthinking: I don't view overthinking as a weakness; rather, I see it as a gift that allows me to channel my energy and feel less lonely.
ESG Investment Officer
What I have study in finance with ESG investing gaining prominence in the finance industry, having a background in finance and an understanding of ESG factors can provide a competitive advantage in the job market. Use my stengeth" judgement", I can see ESG investing can have a positive impact on future society and the environment, which can be a fulfilling aspect of the job for those who prioritize social responsibility and this as new industry could have huge poetical to enrich myself mentally and physcially.
Furthermore, Working in ESG investing requires me a diverse skill sets that includes financial analysis, research, and sustainability expertise, these skill sets will help me boost my 'love of learning' and helps my to my journey to success.
Ending the extreme poverty : As running the whole project, it can be takes into account a company's social impact, including its labor practices, human rights record, and community involvement. By investing in companies with strong social policies and practices, ESG investors can help support businesses that are working to address poverty in their communities, such as access to education and healthcare, which can also contribute to reducing poverty.
Distribute the wealth: ESG investing can promote the growth of industries that are focused on addressing social and environmental issues, such as renewable energy, sustainable agriculture, and affordable housing. These industries have the potential to create jobs and economic opportunities for a wider range of people, which can contribute to a more equitable distribution of wealth.
Investment banking division specialist
Working in IBD was always be my dream job, Because work in IBD it can provide me exposure to complex financial transactions such as mergers and acquisitions, initial public offerings, and debt and equity offerings. This can be intellectually stimulating and provide opportunities to develop advanced financial modeling and analytical skills. Also these skills and experience gained from working in IBD can be transferable to other areas of finance and business. This can provide a broad range of career options beyond IBD.
Ending the extreme poverty : IBD helps companies raise capital through debt and equity offerings, which can help these companies grow and create jobs. This, in turn, can help reduce unemployment and improve people's standard of living
Distribute the wealth: IBD does not directly contribute to distributing the wealth. IBD is a specialized area of finance that focuses on providing financial advisory services and executing transactions for corporations, governments, and other institutions. However, IBD can indirectly contribute to wealth distribution in several ways. For example: 1. The fees generated from IBD transactions can contribute to tax revenue, which can be used to fund public goods and services that benefit society as a whole. 2.IBD professionals provide financial advice to clients, which can help them make more informed financial decisions and ultimately manage their wealth more effectively..
Credits:
NJ - "Soweto town" • Margaret M Stewart - "black & white photo of the word wealth" • bravissimos - "abstract background, white and black mineral oil paint on water" • UMB-O - "trees in the fog - black and white photo" • Gabriel Trujillo - "Young multiracial demonstrators protesting for climate change while wearing safety masks outdoor in the city - Focus on african man face" • Elenathewise - "bank building"