Capstone Project Related To MBA Specialization

Running head: CAPSTONE
[TYPE THE COMPANY NAME]
Capstone
Report
Student Name
[Pick the date]

CAPSTONE 1
Introduction
This report is all above the learning and knowledge which I got from my capstone project related
to my MBA specialization. This report also includes comprehensive field knowledge which I
gained through the course from both micro and macro-level experience. In addition, it also
includes opportunity which I gained in the form of skill set related to the business environment.
It also focuses on competitive strategy approach learning which is essential for growth of my
overall development. This report also covers stepwise learning related to business competition
which I gained from this capstone course. In addition, this report includes knowledge related to
various strategies that are being used by the present organization to remain sustainable in the
business environment. It also includes learning related to development of strategy level planning
for business success along with number of workshop which helped in recalling all learning from
this capstone project.
Summary of reflective capability and learning, that includes the knowing, being and
competencies and four essential capstone skills
This capstone course helped me in learning various management tactics which offered me
significant knowledge related to business strategies as well as tactics. It actually offered me an
opportunity to take active participation in the practical business environment. In addition, this
capstone course helped me in building my business capability by focusing on those important
skills which are essential from professional development of an individual. This course really
cleared my concept related to brainstorming (Usher, et al.2015). Earlier I used to think that
brainstorming is just about putting some ideas but now I understand that it is all about exploring
innovative ideas. This course cleared my doubt related to competitive strategy such as Porter's
five force model, SWOT, PESTEL and so on. I was very confused about these models and their
applications related to the present business environment (Panwar, Nybakk, Hansen and Pinkse,
2016). I came to know that only developing these competitive strategies is not enough in order to
run business successfully. In fact, company must explore financial base resources in order to
understand whether they are capable of introducing new changes or not. Financial resource acts
as the base for the performance of the organization because at present everything is all about
numbers and these numbers provide a clear image of stepwise progress of the organization
(Eniola and Entebang, 2015). This course helped me in development four skills which actually
form foundation of success in the life of every professional individual which are theoretical,
practical, applied and reflection. I found that this capstone course was a pattern in such a way
that every student has to go through number of steps which helped them in these four important
skills. In this course, I believed that this capstone course is very helpful for me in gaining expert
level knowledge which will be helpful while entering professional life. These skills were not
limited to one area, in fact, this course has tried to cover all possible areas which helped me to
groom myself in this competitive world. This course helped in focusing on strategic problems
faced by present organization along with strategy to handle these situations (Noetel, Dawson Hay
and Touyz, 2017). I have learned various form of management theories related to business along

CAPSTONE 2
with their applications. Every situation is different and therefore it is not advisable to use same
kind of strategy in a different situation. In addition, I also come to learn various traits of
leadership which are very important for me in order to understand how to maximize efforts with
optimizing resources. It also helped me in learning motivation skills which play a key role in
managing employee performance during difficult situations. Every organization has to face
issues in their life journey and in this situation; if leader is not able to manage this situation then
it will have a direct impact on the overall performance of the organization (Mikkelsen, Jacobsen
and Andersen, 2017). It is a logical fact that we cannot expect a better outcome from dissatisfied
employees who are already struggling related to their work setting. Learning leadership will
help me in providing direction to my life journey in both professional as well as in personal life
because it is realty to ethics, moral and coordination.
A personal reflection on learning from the capstone subject and consultancy research
process
MBA helped me in learning a holistic approach related to business in which I learned a lot about
organization functions such as managing, controlling organizing and planning. Understanding of
this function is one of the best processes because it helps in resolving various conflicts that can
directly impact performance of the organization. In addition, it also helped me in exploring
processes like connecting people with functional strategy of the organization (Ahammad, Tarba,
Liu and Glaister, 2016). This course helped me to convert my theoretical into practical
experience by understanding practical approach of various business management theories which
helps in increasing motivation and connect it with real-life situations. It also helped in exploring
various business planning and business elements that are mandatory for business modules. This
course has offered a resource-based learning which has made must concept clear and has
improved my learning skills. As per my knowledge, these concepts will be helpful for my
professional as well as personal growth (Zhai et al., 2017). It helps in selecting the right
implementation process for any strategy because in most of cases, strategy fails because leader is
not able to effectively implement strategy on the ground level. It may be misunderstanding
related to strategy or it may be due to resistance displayed by employees in order to accept
changes in their daily work. This course helped me in exploring my team working skills by
offering me various opportunities to work in small team environment. This small workshop
helped me to have real-life experience in which I have learned how to solve conflicts, team
management and so on (Malik, 2016). It offered me opportunity to better understand other
students in terms of their interpersonally, thinking process and their weakness. I learned
important traits of team that help in generating effective performance. I learned that team can
only perform better if their team members are having a strong relationship between them in the
form of coordination. In addition, this course has helped me in developing my confidence. At
present, I can say that I am a completely different person in terms of confidence and skill
development. This course has also improved my understanding related to company financial
report (Hsu, 2016). Earlier I used to think that financial report is related to only financial aspects