Monetizing My Passion, Part II.docx - Monetizing My Passion Part II Samantha Vigil-Pipkin Principles of Leading Managing |(MGMT-227-04 For the second

Monetizing My Passion, Part II.docx - Monetizing My Passion...

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Monetizing My Passion, Part II Samantha Vigil-Pipkin Principles of Leading & Managing | (MGMT-227-04) October 29 2019 For the second part of the monetizing my passion project I will be doing an
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environmental scanning, self-analysis, and strategic planning based on my passion and career path that will allow me to monetize my passion of helping others. I will perform an external environmental analysis based on the PESTEL model. Political - There are political factors at the federal level that may make it easier for me to pay college loans. Politician Wayne Johnson is trying to start up a plan to make it easier for college students to not be in huge student debt. He wants to raise corporate taxes by 1% to help students pay their loans. Economic - There have been signs of an economic recession coming in 2020. This could affect my future because it can make it harder for me to find a job after school. We do not know how long the recession will last, as in 2008 it lasted 18 months and 43 months in 1929 . There is no way to predict how long the recovery will take, so there is a chance I could get impacted by it. Sociocultural - Society’s mindset seems to be moving towards socialism and wanting to help other people or causes. This change will create opportunities for me to find a job helping people in other countries. The demand of wanting to help any cause will rise. Technological - The change in technology will not take away the job I am looking for. Being in charge of a project and having to manage it cannot be done by artificial intelligence. A person has to overlook certain areas of the project and do critical and fast thinking when making decisions. If anything the advance in technology will be helpful to do certain projects, such as bringing drinking wells to countries that need it. Natural Environmental - The rise of awareness of climate change has gotten is a great opportunity to start any project to make a difference in the world. Organizations will want to get involved to show they support what the people are trying to voice.
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  • Spring '19
  • Brittany Jacobs

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