Enterprise & Opportunity: Teamwork, Belbin's Team Roles, Management Theories, Kolb's Learning Cycle

ENTERPRISE AND
OPPORTUNITIES

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: Kolb’s 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 in the 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