Business Simulation: Smart Tech's Vision, Strategy, and Performance

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This report provides an overview of Smart Tech's vision, strategy, and performance in a business simulation. It discusses market share, internal capability, industry trends, and simulation results. Recommendations for future plans are also provided.
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Business simulation
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Student Number (s):
Programme:(e.g. Business
Management)
Module Title: (e.g. Studying for
Business)
Seminar Group
Module Code: Word Count
In submitting this assessment, I confirm that no part of this assessment. except where
clearly quoted and referenced. Has been copied from material belonging to any other
person e.g. from a book. handout, another student. I am aware that it is a breach of
UEL regulations to copy the work of another without clear acknowledgement and that
attempting to do so renders me liable to disciplinary proceedings.
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Table of Contents
ABSTRACT....................................................................................................................................4
INTRODUCTION...........................................................................................................................4
PART A...........................................................................................................................................4
Vision and strategy over 9 years..................................................................................................4
Company performance.................................................................................................................4
Market share................................................................................................................................6
Internal capability........................................................................................................................6
Industry trends.............................................................................................................................6
Simulation performance results...................................................................................................7
Analyse performance...................................................................................................................8
Future plan and recommendations...............................................................................................9
REFERENCES..............................................................................................................................12
Appendix........................................................................................................................................13
PART B PERSONAL AND PROFESSIONAL DEVELOPMENT.............................................14
ABSTRACT..................................................................................................................................14
INTRODUCTION AND IDENTIFIED EVENTS........................................................................14
Application of theory related to leadership, group dynamics and culture.................................15
DISCUSSION................................................................................................................................19
Recommendations..........................................................................................................................19
REFERENCES..............................................................................................................................21
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ABSTRACT
In this report it has been described about entire business plan of Smart Tech, its vision,
culture, values, etc. besides that, it has been discussed about company performance with help of
porter five force model. In addition, market share, internal capability, industry trends, etc. is been
explained as well. Moreover, simulation results of game are discussed in it. At last it has been
discussed about future plans and recommendations that can be followed by Smart Tech.
INTRODUCTION
Business simulation is a real time business game that is played by students. It allows them to
analyse market situation and on basis of that developing strategies and taking decisions. Along
with it, overall environment is evaluated as well in it. With that it becomes easy to compete with
other business in the market. Similarly, Smart Tech is a smart phone company producing various
mobiles. They want to provide affordable mobile phone to all people.
PART A
Vision and strategy over 9 years
The company vision is to end up serious player of respectable size. There are 3 core
values of company that are connecting the world, 7 billion smart phones for 7 billion people and
affordable smart phone for everyone.
The culture of company is good and positive where all employee believes to work in
team and attain goals. Besides that, no discrimination policy is followed and diversified
employees are working. The HR of Smart Tech recruit and hire qualified and talented staff that
are capable to sell smart phones in market. HR provide regular training to them and motivate to
achieve goals. They closely work with management to create a strong network and making more
managers to be available. So, over 9 years 7 managers are developed within firm. An innovative
culture is applied and staff performance has enhanced (Andre, 2016).
Company performance
In order to evaluate company performance simulation game was played. This enabled in
analyzing its market share, competitive advantage, trends, etc. With that effective decisions were
taken and strategy was developed. It is analyzed as below
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Porter five force - The porter 5 force is a framework that is used to analyses competitive
environment. It considers 5 factors that derive business economies and attractiveness within
industry in terms of profitability. So, for Smart Tech its analysis is as below
Threat of substitutes- it refers to power in which it shows threat of substitutes available of
particular product in market. So, if there are a greater number of substitute available then power
of switching to other products is high and vice versa. Here, in smart phones there are no
substitute available. Hence, its power is very low.
Bargaining power of supplier- In this it refers to power of supplier for changing price of
products. It means if there are a greater number of suppliers then less power they possess as
company can easily switch from one supplier to another. But if supplier is less then they possess
more power to influence price. Smart Tech directly sell smart phones in market via its stores.
There are no suppliers involved in it. so, bargaining power is low (Cosenz, and Noto, , 2018)
Bargaining power of buyer- In this it refers to power of buyer for changing price of products. It
means if there are a greater number of buyer then less power they possess as they can easily
switch from one company to another. But if buyer is less then they possess more power to
influence price. In Smart Tech there are lot of buyer so they can easily influence price of
products. The bargaining power of buyer is high.
Threat of new entrant –it means entry of new businesses in this industry. If entry and exit barriers
are strong then it becomes difficult for them to enter but if there are no barriers then new entrants
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can easily enter in it. In smart phone market threat of new entrant is moderate. New companies
can enter but it require long time to gain market share
Competitive rivalry – this means the level of competition which exists within industry. There is
stiff competition in industry. Hence, rivalry power is high.
Market share
It is found that Smart Tech is able to gain high market share since they entered in
industry. This can be evaluated that company has adopted cost leadership strategy in which they
are providing smart phones at lowest prices. This is done to focus on value of providing
affordable smart phone for everyone. Thus, it is stated that company net profit is 3 million and its
solvency rate is 88%. Along with that, in market it is ranked at 2nd position in terms of lowest
price. Moreover, Smart Tech is at 2nd place in market leader in price segment. Besides that,
average age of inventory is 20 days. Apart from it, there are several competitors as well of Smart
Tech such as Samsung, Oppo, Xiaomi etc. So, these are giving stiff competition to them in
affordable market segment (Gosenpud, 2018).
Internal capability
Smart Tech is having several internal capabilities by which they can gain market share
and competitive advantage. This means that they are having enough resources that can be
utilized in effective way. The organization is having diversified and qualified sales force that can
enable in attaining goals in effective way. Other than this, staff can also be useful in doing
personal selling to attract more customers. The HR of Smart Tech is qualified and experienced
that can results in motivating and training employees. In this way sales can be increased. The
company is having a lot of cash in bank thus it can be invested and utilized in many ways. The
cash be optimized in effective way by management of Smart Tech.
Industry trends
It has been analysed that there may occur certain industry trends I it that can affect on
overall growth and expansion of company. These trends may be related to market or change in
needs. Thus, various trends which has occurred are defined as
Rise in product value- this trend occurred in industry as people started focusing on product value
rather than it price. It is found that people stopped buying product whose rating was 1 and it does
not included value from it. hence, there was decline in buying of low price smart phones in that.
It lead to affect on overall industry trends in it (Lacruz, 2017).
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Invest in R&D- this trend occurred where in order to reduce purchasing cost company started
investing in R&D. due to that firm was not able to sell phone under price of 200 Euros. The main
purpose was to cut cost of phone and increase profit margin on it. Also, with more investment
there was change in product features, design, etc. and also its value increased. Besides that, new
technology was installed within phone to make it more advance.
Emerging of new markets- the small nations emerged as new market such as Africa, Nigeria and
Surinam. Hence, it entirely changed context of industry demand and led to shift in market from
developed to developing countries. It is because in those nations demand of smart phones
increased due to covid 19. Hence, all firms started focusing on small countries from where they
can easily generate revenue from it.
Focus on average inventory days- In this trend firms focused on reducing average age of
inventory days. This means by delivering stock to market within short time period. It
automatically enabled in improving efficiency of company. By reducing inventory days there
was chance of capturing of market quickly (Peng, and Abdullah, 2018).
Thus, these trends occurred in smart phone industry and shifted entire market. Due to that
company have to develop new strategy and plans. The goals were set and formed in new way.
Simulation performance results
By analyzing the simulation results it can be stated that Smart Tech is following cost
leadership strategy. They want to provide affordable phones to all people. Besides that, it is
found that growth strategy followed is market penetration. Also, by analyzing the market it is
interpreted that company exists in various markets such as Germany, Canada, Africa, UK, US,
etc. In all these markets there is sales of smart phones. But the prices and quality vary in it
because of market condition, needs, etc. In UK price is 1200 and quality is 1080. The customer
intimacy is 760. In US price is 1680 and quality is 2240 whereas CI is 1800. Similarly, in
Germany price is 1296 and quality is 1120 and CI is 1056.
It has also been found that India, China, Australia, Brazil, etc are market where customer
intimacy is low along with quality. So, Smart Tech is not able to properly capture or gain market
of these nations. Hence, they are identified as emerging markets. It is observed that in India price
is 5600 and quality is 336 whereas CI is just 88. Likewise, in Netherlands CI is 256, quality is
160 and price is 1200. The market of Surinam, Nigeria and South Africa is not even level to
Canada market (Protopop, 2016. ).
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By analyzing tactics of Smart Tech, it is stated that company did not invest in R&D in
order to reduce cost. Thus, it is difficult to sell phone at low price of 200 Euros. Thus, there is
decline in competition as more value is not offered by firm. Even when a news came where sales
prediction was made that there will be decrease in product of 1-star rating but sales team sold
products. The organization is constructing warehouse in order to fulfill demand. Also, to reduce
average age of inventory but it has been kept low. Due to that they the KPI are not being
attained by them. from simulation it is evaluated that company lost money by entering into
market where they already exist. so, instead they must focus on market where there is vast
opportunity for growth. it will be led to generating more profits from it. But management
assumed that expansion will result in generating profit but it only led to rise in cost. The
company hired a lot of external staff in order to finish work of headquarter. They were expensive
as well as less effective. So, it is evaluated that logistics of Smart Tech is not effective. It is
because they were not able to predict sales forecast properly in market like Belgium. Likewise,
in India where sales decline by 40% so company logistics was interrupted. Due to ineffective
inventory management firm is not able to forecast sales. However, they did not invest a lot of
amount in capital since its operation. Besides that, they did not invested in R&D, land and
properties as well. They are having a surplus of cash and bank. Moreover, investment made was
only in human capital. Furthermore, there was nothing invested in educating staff and motivating
them.
Analyse performance
Marketing- it is necessary for Smart Tech to market and promote products in such a way that it
attract a lot of customers. An effective marketing enables in creating awareness about products
and generating sales and revenue. As Smart Tech is smart phone manufacture firm thus it
requires to do attractive marketing. Therefore, it is analysed that company has done applied
digital marketing. they are doing it on various social media platforms such as Facebook, Twitter,
you tube, etc. So, it has led to generating more leads and attracting customers. Other than this,
offers and discounts are also being given to customer for buying mobile phones. So, Smart Tech
is investing a lot of amount on marketing. They are mainly focusing on personal selling so that is
why they have hired more staff. The company is doing PS rather than any other form of
promotion (Täuscher, and Abdelkafi, 2018).
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HR- It has been evaluated that in Smart Tech investing in education and motivating staff is
expensive task. Thus, it is not inclined with cost leadership strategy. The cost is rising due to
increase in staff in headquarter and in sales executive. So, due to this management of Smart Tech
is emphasizing on increasing network and developing more managers. This is done for getting
experienced managers. But company did not do this and rather stayed with same manager.
Hence, the goals formulated was not attained. The employees were not able to perform in
effective way.
Logistics- For smart phone firm there is need to have a strong network of supply chain. This is
because it enables in fulfilling market demand by delivering products in time. So, it is evaluated
that logistics of Smart Tech is not effective. It is because they were not able to predict sales
forecast properly in market like Belgium. Likewise, in India where sales decline by 40% so
company logistics was interrupted. Due to ineffective inventory management firm is not able to
forecast sales. Thus, it is impacting on logistics and result in loss of revenue.
Finance- this is most important component for every company. So, in Smart Tech it is analysed
company financial performance is good and stable. However, they did not invest a lot of amount
in capital since its operation. Besides that, they did not invested in R&D, land and properties as
well. They are having a surplus of cash and bank. Moreover, investment made was only in
human capital. Furthermore, there was nothing invested in educating staff and motivating them
(Yasin,. and Hafeez, 2018).
Product development – Smart Tech is basically dealing in mobile phone products. They are
developing affordable smart phones that consists of advance technology and features. However,
it is analysed that firm has not developed any other new product. they are only focusing on
mobile phones. The product developed is of low cost and then it is sold at low prices in market.
Future plan and recommendations
It is required for Smart Tech to develop future plans along with long term goals. This will
enable in taking effective long term decisions. In future there will be change in current strategy
based on performance of firm. Also, it requires company to expand in different market so that
more revenue is generated. For future plan Ansoff matrix can be applied by them. It consists of
different strategies that can be adopted by firm in their growth. It is discussed as
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Market penetration here, organization focus on existing business sector with their current
products. This implies they attempt to increase sales of products in current market. The goal is to
increase revenue and increment income from it.
Market development - in this organization expand in different business sectors with their current
products. For that they recognize potential new market where development opportunity exists. It
is a risky strategy as target new market can lead to failure (Yasin,. and Hafeez, 2018).
Product development - this strategy is followed when business grow new products in existing
business sectors. This is done to attract in more clients and satisfy their requirements. Generally,
development is done in product or new features are added into it.
diversification – it is a methodology wherein business enter into new market with new products.
The target market is distinguished and afterward product is created. This contains high risk as
organization go into those market where they don't have any insight about trends, needs, etc.
Alongside, there is potential market growth that lies in front of Smart Tech in this
industry. Here, company can opt for growth opportunities that is internationalization,
diversification and acquisition. They are explained as
Internationalization- This is a strategy in which Smart Tech can expand at global level. They can
identify target market and emerging economies such as India, China, Brazil, Mexico, where all
large number of people can be attracted for affordable smart phones. Hence, they can gain
market share easily by expanding at global level.
Diversification- this growth strategy is one Smart Tech can diversify in various markets. They
can provide new products in new market. In this way they will be able to attract more people and
increase sales and profits. However, the strategy is highly risky as it firm need to identify market
trends, competitors, needs, etc. therefore, they are high chances of occurring of failure in it. the
main ways are related to what changes are done in it.
Acquisition- It is also a useful strategy that can be followed by Smart Tech. In this they can
acquire small firms who are already engaged in mobile phone industry. Furthermore, in order to
enter into new market Smart Tech can do this by acquiring it with other businesses. This is more
effective strategy as compared to above ones. Here, firm can gain market insight by doing
acquisition and is also easy to compete with other companies in effective way (Yasin,. and
Hafeez, 2018).
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Thus, these are some strategic recommendations that can be developed by Smart Tech in
future. They can follow market development strategy to enter in new market and also follow
internationalization strategy. This can enable company to expand at global level and develop new
products as well. With that firm presence will be increased as well.
It can be summarized that Smart Tech manufacture mobile and sell it at low cost in
market. The value of firm is to provide affordable mobile to all. The competition is highly stiff in
market and firm is having capability to invest more in R&D. Besides that, there are several
trends that has occurred such as new market, average age of inventory, etc. the organization can
develop growth strategy of market development and acquisition. Also, they can do product
development to attract more customer and compete in market for long term.
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REFERENCES
Books and journals
Andre, R.S., 2016. The factors required for winning the business simulation game: A regression
analysis (Doctoral dissertation, Capella University).
Cosenz, F. and Noto, G., 2018. A dynamic business modelling approach to design and
experiment new business venture strategies. Long Range Planning, 51(1), pp.127-140.
Gosenpud, J.J., 2018, March. Some recommendations for researching learning from playing a
simulation. In Developments in Business Simulation and Experiential Learning:
Proceedings of the Annual ABSEL conference (Vol. 45).
Lacruz, A.J., 2017. Simulation and learning dynamics in business games. RAM. Revista de
Administração Mackenzie, 18(2), pp.49-79.
Peng, J. and Abdullah, I., 2018. Building a market simulation to teach business process analysis:
Effects of realism on engaged learning. Accounting Education, 27(2), pp.208-222.
Protopop, I., 2016. The impact of the timing of the intergenerational farm transfer initiation on
the terminal wealth in the business: Simulation model.
Täuscher, K. and Abdelkafi, N., 2018. Scalability and robustness of business models for
sustainability: A simulation experiment. Journal of Cleaner Production, 170, pp.654-664.
Yasin, N. and Hafeez, K., 2018. Enterprise simulation gaming: effective practices for assessing
student learning with SimVenture Classic and VentureBlocks. In Experiential learning
for entrepreneurship (pp. 51-69). Palgrave Macmillan, Cham
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Appendix
Statement of Cash Flows
© www.excel-skills.com 2010 2020 2021 2022 2023
Cash flows from operating activities
Cash receipts from customers 100 200 200 350 450
Cash paid to employees 200 300 103 550 650
Cash generated from operations 200 200 124 700 400
Interest paid 100 140 400 550 450
Income taxes paid 50 120 300 650 350
Cash flows from investing activities
Business acquisitions, net of cash acquired 500 200 140 240 220
Purchase of property, plant and equipment 100 150 340 340 330
Cash flows from financing activities
Proceeds from issue of share capital 200 200 300 230 350
Proceeds from long-term borrowings 100 100 200 400 600
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PART B PERSONAL AND PROFESSIONAL DEVELOPMENT
ABSTRACT
In the present report there has been discussion about the events which took place in the
Smart Tech smart tech simulation. In this the teams have decided to work on expanding up their
international business transactions. They have been working towards determining their target
group, they start working on their company profile, creating a great smartphone brand, logo and
slogan. They have been engaged in determine the role of each team member like who will
perform the role of HR, who will be the marketing manager etc. It was really necessary to define
the roles in order to take the better decisions. This has assisted the group of Smart Tech in
achieving their set target and mission. In this case study the team has also decided upon the
research and development methods used and about the HR policies that has been implemented.
In each market conditions they have made sure to diversify their approach. There have been
various leadership approaches has also been adopted by team members so that the group
dynamics can be improved. There have been various events which has also been taken place
while managing and handling the team of group ventures. Better and adequate training was also
been provided in order increase the productivity of team and also this has assisted them in
achieving the goals and objectives. The measures related to professional development of staff
members has also been taken. This was really necessary as the team lacked skills and expertise
and they really need to work upon of that. It has also been analysed from the report that the
managers were working towards enhancing team dynamics so that work can be done with the
help of more efficiency and also this has assisted them in achieving the targets.
INTRODUCTION AND IDENTIFIED EVENTS
Professional development refers to instructors and managers developing and improving
their skills to better meet the needs of their employees and team members. In the professional
development the team members are required to have better skills and expertise so the objectives
can be met by them. It has also been analysed that while working in any organisation they must
have effective communication skills, time management, decision making and problem-solving
skills (Kennedy, 2016). This will help them in building up organisation and also if the employees
are professionally developed them, they will be able to achieve the set target and mission.
Professional development is really necessary for an employee, as it will assist them in achieving
and excelling out their career. Goals and objectives in personal and professional development
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must be made clear, so that it can become better for workers to achieve them. There are short,
medium- and long-term goals under personal and professional development which an individual
wants to achieve. Group dynamics can be better when the employees are professionally
developed. This will also assist in making the organisational culture better and they will also be
been able to grow. Present report will lay emphasis on Smart Tech who are been engaged in
internationally expanding their market. There are two identified events which has been analysed
when the team was working to meet out their set target and mission. It includes the following:
Event 1: It has been analysed that Smart Tech is not performing well and has made
significant loss in the past so many years. The team members are not listening to each other and
are also involved in blaming one other. It has also been evaluating that every employee is
passionate for solving the problem faced by company but no one is listening to each other. This
shows that team is ineffective and they have face situation of loss because of the ineffective
team. It relates to professional development of staff members. It means that Smart Tech needs to
be involved in giving training to employees so that better team work spirit can be developed.
They should also train the team members about how to be professional.
Event 2: In the event 2, the team of Smart Tech has started working well by the end of 7
week but the employees from different company has varied views that has led to miss-
understanding and issues. The work has to be managed around deadline and teams are having
issues. This requires more professional development of teams. They should be trained better so
that they can know and have proper understanding about how to work in a diverse culture
environment. This is really necessary for their growth.
Application of theory related to leadership, group dynamics and culture
As identified in the events it has been analysed from event 1 that team members are
blaming each other for the loss which has been faced by them and no one is working together
and finding a common solution. In this one of the important roles is of leader of Smart Tech.
They need to make sure that teams are developed professionally so that they can work together in
dynamic environment. Leaders here can make use of Path goal theory of leadership. In order to
develop the team, it is really necessary to have clear goals. This model suggests that goals and
objectives must be made clear so that there is no confusion and miss-understanding. This will
assist and motivate team members to achieve what they desire. They also need to make sure that
team members are motivated enough so that the deadlines can be met and also the project is been
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finished on timely basis. This will assist Smart Tech in growing in this the leaders also needs to
be involved in taking feedback from team members and should build better integral relationship
with them. As in case of Smart Tech everyone is coming up with solution but no one is listening
to one another. For this leader needs to make sure that better communication exists between
employees so that the facts can be cleared and also team can be more creative by this. The
strength of this theory in professional development is that this leadership style is that it is easy
and flexible and things are clearer in this as the orders are being given. It will also be beneficial
as decision is been taken by only one person and it will assist in creating less chaotic conditions.
So, Smart Tech will be able to overcome this problem when making use of the path goal theory.
It has also certain weakness for the professional development as decision is taken by one person
there are chances that they can implement strict rules and regulations thus reducing productivity
of team. This might lead to increase in errors in work which is being done by workers.
In this situation the leaders of Smart Tech can also be involved in making use of
Autocratic leadership style. This is because employees are not listening to each other, so if the
leaders are strict this will help in professional development. It will assist Smart Tech in
overcoming the issues faced in working together and they will also be able to cover up for the
losses that has been made by them. There are various strength and weakness for this style in
professional development. In this the leaders will not give chance to team members to make their
own decision. All the decisions will be made by them whether good or bad. So, this can lower
down the authorities which was been given to team members of Smart Tech. Also, in autocratic
leadership style leader’s punishment will also be given to employees if any type of wrong deed
or act is been done by them. So, this theory and style will assist Smart tech in having their profit
share back and also, they will be able to recover what they have lost
The other event which happened in Smart Tech consists that team members were
working together and they were of different countries because of this they had views and
thoughts were different. This was because of cultural differences and this led to miss-
understanding and conflict in Smart tech company. Also, they needed to meet out the deadlines
on Monday which was really necessary. For this the leaders of Smart Tech can be involved in
making use of Hofstede cultural model. It is a model that is been based on cross culture
communication. This framework is really necessary for the professional development of
employees. Dimensions in culture can be varied, for this the company needs to be engaged in
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implementing policies related to management of diverse culture. Effective communication also
needs to be done between employees so that they are being able to achieve the objectives of
company. In this leader needs to ensure that respect is been given to every team member and also
the decisions needs to be taken by viewing their cultural thoughts and values. This will assist
them in reducing the miss-understanding and chaos situation which has been faced by them.
Tuckman theory can also be adopted by leaders so that they can be engaged in forming
better team and also by the help of this model they will also be able to overcome the issues that
has been faced by the company. Smart tech needs to be engaged in making sure that employees
are professionally developed. This will assist them in making sure that no issues and conflicts are
been faced by team members so that productivity can be achieved and also the company will be
able to grow and meet their deadlines. In the first case situation it was been analysed that the
team members were involved in blaming each other. They had the solutions but they were not
listening to each other (Bates and Morgan, 2018). On the second event the team members were
of different countries and this has led to situation of conflict. So, for the better group dynamics it
has been analysed that Tuckman model needs to be used. The first stage is storming, in this
Smart tech can be involved in identifying the issues that has been faced by them. The leaders will
be engaged in knowing about the main reason of problems. The other stage is norming, in these
leaders of Smart tech will be engaged in implementing rules and regulations for the issues that
has been faced by them. Like norms related to cultural diversity needs to be developed. The next
step is performing, in this the members of team will be involved in enhancing their performance
level by developing professionally. This will assist them in meeting the deadlines and also the
loss which has been made by them will be covered by it (Darling-Hammond, Hyler and
Gardner, 2017). Last stage is adjourning, in this leader will be involved in doing monitoring and
evaluation. In these various tools like KPI and benchmarking will be used to see companies’
position.
The other leadership style which is been used by leaders of Smart tech can include
situational leadership. In this leader can act according to situation and can also make their
decisions on basis of situation faced by them. Like in case of Smart tech firm leaders can be
engaged in providing training and coaching to employees about how to work in team and also
how they can be involved in developing their skills so that they can develop professionally. This
style also had several strength and weakness which can affect the professional development of
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employees. This leadership style does not work well when the task is respective as this style is
really flexible and is been melded according to the situations. This style only focuses on
immediate needs than the long-term needs, so it might not be used for long term professional
development of employees. For this leader needs to make sure that better communication exists
between employees so that the facts can be cleared and also team can be more creative by this.
The measures related to professional development of staff members has also been taken. This
was really necessary as the team lacked skills and expertise and they really need to work upon of
that. It has also been analysed that for implementing the situational leadership the leaders need to
possess higher level of expertise and knowledge. This will assist them in overcoming the issues
of team not working together and they will also be able to grow and achieve the objectives.
Smart tech company is been facing severe issues and there are various events which has
led to the situation of conflict and miss-understanding. There are cases that team members were
of different countries and this has led to situation of conflict. It has also been analysed for this;
leaders can be engaged in making use of transformational approach. In these leaders in order to
reduce the situation of chaos will appreciate team members and will also provide them with
rewards and incentives (Mizell, 2020). This will assist them in developing professionally and
also rewards will be given by leaders when the team works together and deadlines are been met
by them. This will assist them in achieving the objectives and also, they will be able to grow and
expand their business. team members were working together and they were of different countries
because of this they had views and thoughts were different, so this also led to conflict. In this the
leaders will be engaged in communicating with employees and because of this they will be able
to know about the issues that has been faced by them. The leaders of smart tech will make sure
that value is been provided to all employees who are working with them. This will assist them in
overcoming problems and they will also be able to grow because of it. Objectives will be
achieved.
Implications of professional development for staff
In this the Smart Tech organisation needs to work towards for the professional
development of staff members. In this they need to make sure that better training is been
provided to team members so that they can work effectively (Guskey, 2016). Better leadership
approaches need to be used for professional development of team. In this leader needs to make
use of various models so that skills and abilities of members can be increased. This will assist
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company in growing and covering up the loss which has been faced by them. They should be
trained better so that they can know and have proper understanding about how to work in a
diverse culture environment. This is really necessary for their growth. Staff members should also
be motivated to have their long term and short-term goals. This will assist them in having a target
so that their they will be able to develop their skills according to it. Coaching and learning at
each level can be given by Smart Tech leaders so that they can develop the team members
professionally and also because of this there will be no chaos and conflict situation in company.
DISCUSSION
Other than the practice followed by them are not complex. henceforth, in stimulation game
we likewise did excluded practice in it. However, I understand that some time decision is to be
taken against that training. it allows in smooth running of business. in this way, in game also I
took some choice which was not as indicated by business practice. in any case, it prompted
produce better and successful results. subsequently, I discovered that decision take should be
valuable for organization. in this way, we got knowledge on what future circumstance can be and
assessed a few statistical data points. in this manner I recommended 3-4 options. at that point, by
examining every one we chose one and afterward took choice.
It is talked about that for taking decision in stimulation it require analytical skills. here, stats
is to be done to assess strategies in it. along with it, my performance in this aptitude was poor. I
was weak in doing count and examination of information. subsequently, it took more effort for
me to conclude that what I need to do. But by working in group was simple and straightforward
for me as different individuals guided me. additionally, it is understood that there is contrast in
learning in functional and hypothetical way. I had the option to understand things all the more
effectively by working in group. in this fast decision were taken and learning is shared to each
other. this profoundly improved my performance and it will help me in my future development. I
got to know that my performance in this was normal and I need a lot of progress. it will be
useful for me. I have to gain info on breaking down information and doing calculation. with that
I will be achieve my profession goals.
Recommendations
To improve aptitudes, there are a few suggestions which can be followed. It will permit me
to improve my exhibition and abilities. subsequently, they are depicted as underneath
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I can solve cases related to stimulation. It will help me in doing quick stats and obtaining output.
Additionally, I will have the option to accumulate information and investigate it to discover
results. The comprehending of contextual investigation will enhance my insight and aptitudes.
this will give me useful information too.
I should play various simulation games which will upgrade my aptitude and capacity. Through
that, I will gain information about how decisions are taken by analysing information. the games
will give me wide subject matter and different aptitudes. consequently, I will have the option to
discover some new information in it.
I should practice the games routinely by doing investigate on internet. With that I will gain
information on it and afterward apply in different games I play. I should likewise find out about
dynamic cycle so I can make decision
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REFERENCES
Books and Journals
Guskey, T.R., 2016. Evaluating professional development. Corwin press.
Mizell, H., 2020. Why Professional Development Matters. Learning Forward. 504 South Locust
Street, Oxford, OH 45056.
Darling-Hammond, L., Hyler, M.E. and Gardner, M., 2017. Effective teacher professional
development.
Desimone, L.M. and Pak, K., 2017. Instructional coaching as high-quality professional
development. Theory Into Practice, 56(1), pp.3-12.
Bates, C.C. and Morgan, D.N., 2018. Seven elements of effective professional development. The
Reading Teacher, 71(5), pp.623-626.
Kennedy, M.M., 2016. How does professional development improve teaching?. Review of
educational research, 86(4), pp.945-980.
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