Reflection on MBA Capstone Activities

   

Added on  2023-04-21

13 Pages2728 Words316 Views
Running Head: MBA Capstone 0
MBA Capstone
FEBRUARY 14, 2019
Reflection on MBA Capstone Activities_1
MBA Capstone 1
Contents
Introduction......................................................................................................................................2
Part A – Activities Completed.........................................................................................................3
Part B...............................................................................................................................................5
Part C...............................................................................................................................................6
Conclusion.......................................................................................................................................9
References......................................................................................................................................10
Reflection on MBA Capstone Activities_2
MBA Capstone 2
Introduction
The best learning for an individual is through its own experience and could be helpful for others
to learn from others experience. For this, reflection through experience would be helpful, which
will provide insight into the experience in order to gain learning from the same and
understanding the criteria to improve. The course was inclusion of 12-week study or experience,
which the report will focus further. Moreover, the understanding of aspects learned from the
activities, where the main purpose would be to understand the ability to work in a team, and area
to improve for a better experience in future in case the similar situation occurred. For the
reflective part, an appropriate structure would be used, which can make the presentation better
and easy to understand the learning part out of the same. For this report, the reflection would be
presented with the help of model that is Gibb’s reflective model, which include five stages for a
better understanding of the learning from experience (Dosser & Nicol, 2016).
Figure 1: (Source: (mindtools, 2018)
Reflection on MBA Capstone Activities_3
MBA Capstone 3
Part A – Activities Completed
Initiating the competition of activities through the first week, it includes the workshop for the
understanding of strategic mindset and four capstone skills, which include the theoretical skills,
applied skills, practical skills, and reflective skills. This included the theory of knowing, doing
and being in order to improve the reflective practice and effective management and ability to
manage the competitive advantage. Moreover, this included the study of the major difference
between strategic thinking and linear thinking. There were three major components of strategic
mindset that is system thinking, reflection, and reframing (Pfeffer & Sutton, 2000).
Week two workshop was the focus over the competitive advantage, this includes a model of
competitive advantage, which includes the transformation of resource and individual capabilities
through distinctive competencies along with the differentiation or the cost advantage to create
the value which is said to be value creation. Moreover, it included the competitive strategy to
study, corporate capabilities, distinctive capabilities, and eventually the competitive advantage
(Betton, 2017).
The third workshop focused on the strategic knowledge through marketing and operations. From
the strategic marketing, the major learning was the creation of product strategy, its portfolio,
advantage, and disadvantage to the large portfolio, new product development, branding strategy,
differentiation strategy and much more. The relevance of the marketing, and learning new terms
and concepts has assisted the knowledge building (Bailey, 2018).
Through week four, the major understanding of the competitive Advantage through growth and
innovation was gained. Innovation is key to the competitive advantage, and since the
environment change, the need for innovation increases (Ahlin, 2014).
Reflection on MBA Capstone Activities_4

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