MGMT20140: Simple Reflective Template - Blackberry Downfall and Strategic Decision Making

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Added on 2024/07/01

AI Summary

This reflection explores the lessons learned from a workshop focusing on the downfall of Blackberry and the importance of strategic decision-making. The workshop highlighted the critical role of timely and effective decisions in ensuring business success and staying competitive in the market. The reflection delves into the thoughts and feelings experienced during and after the workshop, emphasizing the importance of strategic thinking and its application in real-world scenarios. It also discusses the academic reference used to support the reflection and the steps taken to further develop strategic thinking skills.

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MGMT20140: Simple Reflective Template Template number: 1
Name and student ID:
Activity/experience Description:
In the second week of July, workshop was held. It consisted the
content which helped me broadening the knowledge on design
thinking processes. I have written a reflection below on the details
provided in workshop.
Date of the
activity/experience:
July, week 2
Thoughts and Feelings DURING the activity:
In the activity story, which states the Blackberry downfall in the market. I felt that it is very
important to take the right decisions at right time so that the business can be saved from being
collapsed which has happened in the case of Blackberry. I was very excited during the workshop
as it helped me in achieving knowledge on how the business can be saved from the downfall and
how the marketing strategies are necessary to keep up with other competitors in the market. In
the whole activity, I learnt many new ways of managing problems and complexities in the
businesses and the approaches that should be dealt during that time.
Thoughts and Feelings AFTER the activity:
After the activity, I felt that the decisions taken at right time help in flourishing the business. This
workshop helped me developing my strategic thinking as I was thinking about what decisions
Blackberry could have taken so that today they would have been successful in the competitive
market.
What can you learn from this activity?
Yes, from this activity I learnt that it is very important to take strategic decisions on time to remain
in the competitive market.
What can you do to develop yourself further in the context of this activity?
I will make sure that I apply this strategic thinking approach in my life.
Academic Reference to link this to the theory
Time, 2013. The Fatal Mistake That Doomed Backberry. Time (online). Available at:
http://business.time.com/2013/09/24/the-fatal-mistake-that-doomed-blackberry. Accessed on
(July 30, 2018).

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