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Sample Assignment on Business plan

   

Added on  2021-04-21

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Running head: REFLECTIVE ESSAY Reflective EssayName of the StudentName of the UniversityAuthor note
Sample Assignment on Business plan_1

REFLECTIVE ESSAY1Introduction The assignment helps in analysing the personal experience faced by me during theproject work that was done by me along with the team members. The assignment will help inproviding outline the different challenges that were faced by me during the business plan andthe different reasons has to be outlined that will help me in future for contributing towards theachievement in an effectual manner. The main focus has to be provided on the differententrepreneurship theories as this will help in improving my concept on entrepreneurship. Thedifferent analysis is required to be done on the potential entrepreneur as this will help me ingaining knowledge in an effectual manner. Biggest Challenge faced by me in (business plan) team work While working, there were different kind of challenges that were faced by me in teamwith other individuals. When I was working as a team with others, there were issues relatedto uneven communication and mistrust among the different team members and this createdchaos in the completion of the project. When I was made the leader in the team, I tried toallocate the work among different employees in an unbiased manner. I tried to understand thestrong points in different members as this helped me in allocating the tasks accordingly. In the preparation of the business plan, there were different kind of factors that isrequired to be considered in an effective manner. The main focus was to developunderstanding among the team members that was surrounding the growth and development ofthe small and medium kind of businesses growth and survival. At first, the engagementbetween the team members were effective and they tried to perform the tasks in an effectualmanner as well. However, later on there were different issues that cropped up wherein therewere power issues and personality clashes among different team members. I tried to make the members understand the entire business plan by providing them atraining on how to work effectively. I trained them and organized on the job training practiceand coaching for the members who worked with me in the team. I tried to convey theimportance of the different issues that may arise in the preparation of the business plan of thecompany. As a leader, I tried to make the members understand the different theories onentrepreneurship as this helped me and the team members to perform the tasks in an effectivemanner.
Sample Assignment on Business plan_2

REFLECTIVE ESSAY2While the training was over, I provided the different members with tasks that has tobe performed by them, it was seen by me that there were few members who were facingdifferent kind of personality clashes and this caused huge issues and the work were notgetting completed on time as well. The biggest issue faced by me in engaging in team workwas I did not take care of the all the concerns of the team members in an equal manner. Themembers were performing well, however the guidance that was required to be provided byme was not sufficient in nature I felt that as a leader, I could have tried to analyse the different issues and difficultiesfaced by the members in a more effective manner. However, I failed to perform the same andit was due to my lack of knowledge. In the future, I want to be cautious as this will help me inunderstanding the different issues of the team members as this will help me in becoming agreat and successful leader. The main aspect that I require to consider is the delegation oftasks among different team members in an effective manner. As an entrepreneur, I require tohave the skills to communicate properly as this will help me and my team members to workin the team in an effectual manner. There are few other aspects that has to be considered in an effective manner thatincludes that I need to be fair and kind with all the team members. As an entrepreneur Irequire to be more confident in nature as this will help me in managing the different tasks inmore effectual manner. I have to be decisive in nature as this will help me in understandingthe issues of the team in an effective manner. These aspects have to be considered in aneffective manner as this will help me in succeeding in becoming a successful entrepreneur.As an entrepreneur, I need to understand that the entrepreneurs occupy a central kind ofposition in the economy of the market. I need to take up risks in development of newproducts and services. I need to generate innovate ideas as this will help me and my companyto succeed in the entire competitive market. I feel that the team work is essential in nature in the different kind of business as thiswill help me and my team members to provide the different kind of necessities that will helpus in gaining competitive advantage. With the implementation of the different kind ofentrepreneurship theories, I require to understand the issues that can be faced by the businessin different kind of business environment. I need to inbuilt different characteristics of anentrepreneur that includes the confidence in dividing the tasks among the different team
Sample Assignment on Business plan_3

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