New Enterprise Venture Development

Running head: NEW ENTERPRISE VENTURE DEVELOPMENT
New Enterprise Venture Development
Name of the Student
Name of the university
Author Note

1NEW ENTERPRISE VENTURE DEVELOPMENT
This essay is the reflection of a group project in which I was working as a part of a group.
This essay mainly focuses on my personal experiences that I gained during the group work
project in the Preston Box market. In our group work, our team comprised of six members that
comprises Vijay,Karthik,Anil,Naveen,Subbu and me. The main aim of this group work is to meet
the need of the client that defines the term project, designing the process of implementing the
project, also deliver the project to the client within the time period. In this essay, we are working
in the group project based on Preston box market. During the project, I gained a lot experiences
from the process of team building to the end of the process. In this essay, the experience of this
whole process is described by using the Kolbe’s reflective cycle.
The most important thing of the group project is the building of the team as this group is
responsible for the whole projects and responsible for all the good and bad incidents. The group
development is divided into a few stages. The stages are Forming Norming, Performing and
adjourning (Harding 2017). The forming process was initiated on the very first day of our group
project. The forming stage is the stage where, we started to know each other and we took oath to
get success in our work. In the storming stage of team development, a situation of conflict
occurred where Karthik and I argued with each other. However, it did not last long and we sorted
out the problem. In the next stage of team building that is the norming stage, all the members of
team should know about the strengths and positive points of each other(Harding 2017). This
stage of development we all knew each other in a better way and that helped us in performing in
a better manner. During this stage, our group had gained anadequate amount of synergy and also
had attained a level of effectiveness that may be same throughout the whole project. However,
Subbu had not worked properly as he was absent most of the time. Apart from Subbu, our whole
team was completely well tuned. The last stage of the group development is adjourning.