This report discusses the concept of enterprise and opportunity, teamwork, successful teamwork, Belbin's team roles, management theories, and Kolb's learning cycle. It also includes a summary of contextualisation and development.
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ENTERPRISE AND OPPORTUNITIES
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Table of Contents INTRODUCTION...........................................................................................................................4 MAIN BODY...................................................................................................................................4 Teamwork...................................................................................................................................4 Discussion on teamwork.............................................................................................................4 Implement of management theories.........................................................................................7 CONTEXTUALISATION...............................................................................................................8 DEVELOPMENT............................................................................................................................9 Learning Theories: Kolbās Learning Cycle.................................................................................9 Honey and Mumford : Learning Styles.....................................................................................10 VAK learning styles..................................................................................................................11 CONCLUSION..............................................................................................................................13
INTRODUCTION The term enterprise involve or undertake the sale or lease of products, equipment and services which enable purchaser or seller to complete transactions. In simple terms,Enterprise & Opportunity is the complete package of business investment which allow buyer for start and operate the business. Like, all franchises are considered as business opportunity but not all business opportunity are franchises.A business opportunity involve and declare that this assist and secure the buyer for identify suitable location to provide the product or service to purchaser or licensee. This is difficult for the management or an individual to operate the business operations and functions in an organised manner due to different risk related factors. Enterprise perform an important role inthe economic activities of the country and this also refers to the systematic purposeful activities which is related with the major economic enterprise among individual(Asaul and et, al., 2019). Business opportunity consists of four different elements and all of them are considered at same place to claim it as business opportunity. Need, method to fulfil need, means to fulfil need and method of benefits are considered as enterprise and opportunity. Moreover, this report highlights on the teamwork, example of successful teamwork, Belbin's team roles and management theories. Along with this methodologies, theory and Kolb's Learning cycle and Honey and Mumford learning style will also included in this report. In the last, skill analysis and personal development plan for formulation of PDP is also covered in upcoming report. MAIN BODY Teamwork Discussion on teamwork The teamwork is explained as the collaborative efforts of the group which assist towards accomplish of organisational common goals and objectives with motive of completing the task in a most effective and efficient manner. Concept of teamwork is too large and this is monitored within the framework of team-members which assists as the base group of interdependent individuals who manage, control and complete work together for accomplish of common goal (Benjamin, 2017). Typically, teamwork is explained as the co-operation between all those individuals who perform work for accomplish the similar task. Effective team-members are process oriented and they complete all project together for achieve the common goals. Most of
the current organisation formulate transparent and clear idea for the group who work together and this aids management to monitor overall work or project. Also, this results if all team- members input similar efforts than this is easy for management to accomplish effective and appropriate outcomes from the projects(Fowler, Coffey and Dixon-Fowler, 2019). Moreover, to formulate the effective team, most of existing enterprise organise training such as to develop learning skills among individuals because this helps to listen other members of the team. Also, this helps for identify and implement new and better ideas as almost each member participate and discuss their ideas within the teams. Some good and effective characteristic of teamwork is mention as below: To Decide clear direction- Most of the modern enterprise always focus on accomplish of project in minimum time-period. The main reason to set or decide a clear direction is to perform all work according to the project teams. Goals, direction and transparent sense of the purpose considered to unify overall group. Also, with implement of goals each individual is able to manage work with clear and appropriate project teams who work together for accomplish same goal. Honest and open communication-Enterprise that want to accomplish more opportunities considered towards implement of effective and appropriate communication channel because this is considered as crucial part for generating effective sense of belonging and multitude work- environment and this helps to minimise overall problems of the teams. 2.2 Successful teamwork Enterprise or business require team players more and this refers that if management is looking for effective team-members than this is important for management to look and select all those factors such as motivation, self-development, communication, etc. which aids an enterprise for formulate a successful and effective team. The fact related with teamwork is that this is one of the most important collaboration skill for recruit new workforce is to generate a successful teamwork for business(Henry, 2015). One of the best example related with successful teamwork is that this helps to generate more productive and better employee's for organisation. Also, supportive work-environment help business to achieve goals and objectives in minimum time- period. Some of the most effective example of the successful teamwork are mention as follow: Everyone Knows and owns about their role The first example relates with retail industry organisation which is TESCO and in present scenario, TESCO is one of the largest international business that make its existence among all
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over the world. To establish respective organisation as an international brand management delegate right role to right individual. This results each individual is aware about their job role so this helps the authorities for utilise overall capabilities of engaged workforce and this also assist management to enhance or maximise their overall productivity. Teammates are willing to share Management and leadership of an enterprise is responsible for manage and control overall operations and functions. Sometimes this is difficult to manage and control work within peak seasons. Therefore, H&M which is a international clothing brand set an example of an effective team-working by share the learning of effective employee's with other team-members also(Li and et, al., 2021). It refers that effective individuals are more willing towards share of their duties because it supports them for delegate their work role. This helps to perform the task and complete project in minimum time-period. 2.3 Applying Belbin's Team-roles in a team-work The main role of Belbin team-roles is to identify behavioural strength as well as weakness at workplace. For the formulation of an effective team organisation or enterprise develop individuals, resolve-conflicts and to identify fine-tuning or high performance. Belbin Team Roles provide ideas related with language and this helps to ensure that all individuals and team-memberscommunicateaswellasworktogethertoperformtheirtaskwithbetter understanding because this suggestto understand team role within particular team. Further, it is categorised into three categories which include thought-oriented roles, people-oriented roles and action oriented roles. Some of the Belbin's team-roles are mention as follow: Thought-oriented team-roles This individuals are critical thinkers and it represent new ideas and perspectives to analyse all advantages and disadvantages related with skills and knowledge.Monitor Evaluator formulate decisions which are based on the rational thinking and facts also this opposed to the emotion and instincts. Normally, this helps enterprise for induce critical thinking and strategic planning factors(Nishimura, 2019).The Specialistrefer to those team-members who are expert within a specific field. Also, in-depth knowledge related with subject aids persons to contribute among all those task which require new area of expertise. Like, monitor evaluators and specialists helps to perform all work with more technical knowledge.The Plantthis type of persons are creative and free-thinkers and also they formulate new ideas as well as suggest
innovative ways to perform things. Further, this type of individual work alone and it leads to induce innovative solutions and ground breaking concepts which helps to generate growth and progress. Action-oriented team roles Action-oriented team-members strive towards completion of work and getting things done in an organised manner. This consider action-oriented person perform task match with deadline and identify challenges as an exciting opportunity.The Shaperare the extrovert persons which push themselves and others for achieve better results and also, most of them are dynamic and driven individuals who motivate and inspire individuals as team-members.The Implementerare the organizer who focus towards formulation of structured environment to maintain order(Zuoming, Wei and Ming, 2014). Action-oriented individuals are practical person so they generateand implementconcreteplansfrom different ideas.Completer/finisher consider as introverted individuals and they perform quality assurance role during different stages of project. Modern enterprise achieve opportunities through engagecompleterin project because this helps to perform work in a perfect manner. People-oriented team roles This individuals use networking as well as relationship-building skills for complete all task in an accurate manner. Active-listener and offering support to other individuals are two main characteristics of people-oriented team-roles.Coordinatoris a mature individual and they have high interpersonal skills so most of them are recruited at management position. Further, this is more effective because it works as democratic approach which include open communication. Team-workersare extroverts and they perform work with induce of mild and friendly positions. Also, good listening skills helps for adopt and complete function according to decided unit. In the last,ResourceInvestigatoris a person who have talent for networking also, they are identified as positive and enthusiastic individuals because they explore new opportunities to investigate about new ideas related with business. Implement of management theories Management theories is explained as the collection of ideas which recommend how rules insists management to perform and manage work according to decided enterprise process. Management theories address how supervisor induce strategies for accomplish organisation goals and also it helps to motivate workforce for perform their task with high capability. INCREASED
PRODUCTIVITY and SIMPLIFIED DECISION-MAKING are major benefits of implementing right management theories which helps the modern enterprise to perform work with more efficiency. Scientific management theory-This process is developed by Frederick Taylor and he was the first person who study work-performance on scientific basis. The main role of scientific theory is to simplify the business process because this helps management to maximise their productivity. Example-Rolesare delegatedto individualsaccordingto their skillsand it resultsthat individuals perform work according to the best match of its abilities. Moreover, scientific management theory support leaders to ensure that workplace efficiency is not reduced through make sure that team-members received sufficient training to perform their job role. Bureaucratic management theory-This was developed by the Max Weber, and bureaucratic management theory focus towards formulation of well-defined and structured organisation with proper hierarchy and this helps to perform work with clear governance. Chain of the command and clear division of labour, separation of individual from organisation asset helps to manage work according to decided performance as this is used to manage all business operations as per current market conditions or requirements. System management theory-According to this theory organisation consists of various multiple components which helps for perform all work according to the decided functions. Most of the large organisation perform their functions in an optimal manner and it refers that enterprise success depends on the interdependence and inter-relations of different sub-systems. Moreover, workforce are most important components of an enterprise and departments that provide additional as well as crucial elements to achieve success in the competitive-market. CONTEXTUALISATION Contextualization is explained as putting items into the meaningful and effective context instead of using it as items of language for manipulation only. This type of learning is effective in understanding the need of development and also considered as effective in making effective changes in skill and development. This type of learning focuses on learning of individuals which is based on specific context and understanding need of changes by an individual. This concept is built on understanding that such type of concept of learning is effective when individuals are taught in a certain manner and this concept is very effective while focusing on development of individual. Contextualization is based on understanding how an information or any type of data
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could help any business in understanding its goals and objectives. Different pattern trends and relationamongdifferentvariablesareimportantincontextofbackgroundandadding information which is important for an organization helps in interacting with organization and understanding about business which is conducted by organization. Business case which is taken under this report is about working in an organisation and getting an appraisal in organisation while working. Appraisal during job helps individual in boosting their morale and it isconsidered very helpful in motivatingemployeesfor better and higher performance. This part focuses on using theory of contextualisation upon need of appraisal at job and how such changes could help an employees in improving its productivity and profitability. Appraisal of employees during its working helps in improving their overall performance and encourages employees to contribute their efforts in growth and development of organisation. Efforts put in by employees help organisation in boosting their profits as well as maximizing their productivity. Motivation in employees is based on appraisal either in terms of money or position. Appraisal of employee would help them in improving their performance and delivering quality performance towards organisation goals. DEVELOPMENT Learning Theories: Kolbās Learning Cycle Kolb's Learning cycle theory focuses on creating a life cycle which focuses on process and learning of individual. Kolb model focuses on showing the need and importance of reflective part in learning cycle. Reflection part of cycle helps individual in understanding about own experience and focuses on individual skills and knowledge which can are utilized by individual. Thiscanalsobeconsideredasobservationstagewhereindividualhavetofocuson understanding and evaluating their experience. This stage helps individual in getting necessary information for next stage. Individual also focuses on reflecting their experience with their learning and focuses on understanding how their learning is effective in development of their skills and knowledge. Reflecting process is considered as transformational process for individual because it help individual in understanding scope of development and also help in preparing course of action for implementing such changes. Kolb learning process consists of four different stages of learning which is mentioned below:
Concrete Experience āInitial stage of Kolb focuses on concrete experience. This is can be considered as a new environment or experience for an individual. During concrete experience everyindividualfocusesonengaginginparticulartaskoractivity.InopinionofKolb development of individual is based upon involvement in activities as it helps an individual in learning about new things and also assists in acquiring skills and knowledge which is helpful for an individual in future. Reflective Observation āIn this stage individual reflects on task and focuses on understanding and discussing its experience of task with others. Communication is considered crucial in this part as it help individual in identifying discrepancies among experience and understanding. Conceptualization āThis stage focuses on concluding about individual experience regarding their activities and also focuses on reflecting on knowledges, skills and theories by which an individual is familiar. Individual focuses on moving from second to third stage by concluding and focusing on events that occurred during process. Thi stage also focuses on understanding about individual experience and making various comparison to individual current understanding. Experimentation āThis stage is considered as testing stage. This stage would help individual in making prediction, understanding about activities and developing plans for knowledge which is acquired by individual. This cycle should be completed by an individual in order to make learning process effective. These stages are dependent on each other and this process can only be possible by effectively understanding these stages. Honey and Mumford : Learning Styles This theory focuses on learning styles which offers four different type of learning and this theory proposes that individual focuses on learning one or two theory at a time. This theory was proposed in 1986 by Peter Honey and Alan Mumford. This theory proposes four different styles that is used by individual to learn something new: Activist āThese type of individual focuses on learning by doing and their best comes out by trying. Individual focuses on trying new things and considered enthusiastic while trying new things. This type of individual focuses on solving problems by thinking out of box and figuring out different ways to understand new things. Such type of individuals are more inclined towards changes and focuses on leading any type of situation.
These type of individual works best when they are working with other individuals and thrown at different situations, trying new things etc. Their learning affects when they have to read or listen to lectures of mentors. Theorist āSuch type of individuals learn effectively when they understand reason or theory behind every activity. Such type of individual focuses on concepts , models and facts as it help them to learn effectively. Such individual focuses on understand and analysing different theories which could help them in developing their own concepts. They focuses on understanding about concept and purpose to understand. Theorists learn better when there is some kind of logic or theory behind an activity, opportunity to clear their doubts and purpose behind learning. Pragmatist āSuch type of individuals learn best when they can understand that their learning could be effectively put into the real world. Individual focuses on learning about new things and focuses on applying into real world situations. Such individual focuses on learning out new ways by which individual can implement into real-life situation. Such individuals are considered as practical and down to earth. Such individuals can learn effectively when they understand need of learninginreallifeandunderstandingpracticalexamplewhichtheycanbuild. Reflector āSuch individual learn best when they can observe and understand others and also focuses on their own observation. Reflector type of individual focuses on collecting information from various sources and think about it before reaching to any conclusion. Such individual learn best when they understand about concept before taking any action and take time before taking any action. VAK learning styles It is explained as Visual-Auditory-Kinesthetic learning style model which provides an simple yet effective way in order to understand different learning styles. It is explained as three main receiverswhicharevisual, auditoryand Kinesthetic.All thesethree stylesare used by individuals to receive information. Every individual have their own preferred learning style which is effective for them. Numerous individuals have used this as a mixed and balanced way of three styles. Visual learning is seeing and reading. Auditory learning is speaking and listening. Kinesthetic is touching and doing. Visual learningfocuses on understanding about concepts through seeing and observing things which includes images, graphs, diagrams, videos etc.
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Auditory learninginvolves observation of information by the help of hearing and focusing on speaking words or hearing sounds and noises of other individual. Kinesthetic learningfocuses on observing through physical touch which includes feeling, touching, holding and practical. Auditory Information can be gain from speaking and listening Talking while understanding Understanding by listening Good speakers as well as listeners Visual Information can be gained by notes, diagram and pictures. It is possible that it can be verbal and pictorial Facial expressions helps in disclosing emotions Kinesthetic Understood by touch and movement Information can be gained by playing games Skill analysis: Reflect on Skills Audit On the basis of skill audit I can understand that there are various skills on which I have to work and by the help of skills audit I can understand the skills on which I have to work. Skills audit would help me in understanding that which skills I need to develop and will also help me in understanding different skills which are required for my personal as well as professional development. I would aim to use skill audit as an tool to understand my current skills and capabilities by also focusing on rating my skills. It would also help me in understanding about skills and knowledge which would be required by organisation in long-term scenario. This tool is very often used by organisation when it is focusing on restructuring of business or focusing on implementing changes in organisation. Personal Development Plan: Reflection on creating your PDP. Personal development is crucial for an individual in understanding about skill and knowledge required for its development. Personal development plan would help me in preparing my goals and objectives as it will also help me in developing suitable strategies which can help me in achieving my end goals. Personal development plan will also help me in setting the time-frame
in which I have to develop my skills and knowledge. Personal development plan is an effective tool used by an individual which is used for its own development. It will also help me in my personal as well professional growth. CONCLUSION This report concludes about the importance of teamwork in an organisation and how does it help an organisation in achieving its goals and objectives. This report concludes about the importance of various methods and frameworks which are utilized by an organisation in order to promote teamwork in organisation and focuses on using it as a strong tool which can help organisation in achievingitsgoalsandobjectives.Thisreportalsoconcludesabouttheimportanceof management theoriesin an organisation and it also help managers in determining about organisation culture and understanding about its employees. Management theories are considered effective in boosting performance of employees and developing effective environment in a organisation. This report also concludes about the importance of concept contextualisation and need of concept in organisation learning. Different other theories are concluded in this report as learning theories of Kolb, Henry and Mumford is given in this report. This report concludes about the importance of learning theories and helps in understanding about concept of these theories. It also concludes about importance of skill audit and personal development plan in growth of individual and how it helps in individual in developing its skill and knowledge. This report also concludes about the importance of skills and knowledge in an individual and why it is important to develop skills for individual to grab employability opportunities. In current scenario it is important for an individual to develop skills which can contribute in its overall personality development.
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