This reflective journal is based on writing a reflection of my personal development which involves an understanding of creativity as well as problem solving skills acquired from the workshops, lectures and team work.
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Running Head: REFLECTION ON BUSINESS CREATIVITY 0 Reflection Reflection: Business Creativity (Student Details :) 2/18/2019
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Reflection on Business Creativity1 Contents Reflection: Business Creativity..................................................................................................2 Introduction................................................................................................................................2 Journal over nine topics/sessions...............................................................................................2 Topic 1:Introducing Business Creativity..............................................................................2 Topic 2:Developing Creativity and the Business Idea..........................................................3 Topic 3:The Business Model Canvas (BMC) – Part 1..........................................................3 Topic 4:The Business Model Canvas (BMC) – Part 2..........................................................3 Topic 5:Strategy-Creativity in Business Start-ups................................................................4 Topic 6:Strategy: Creativity in Present Businesses..............................................................4 Topic 7:Reinterpreting Strategy from Business Model Lens (BML)...................................5 Topic 8:Business Model Design Process..............................................................................5 Topic 9:Implement and Manage Creativity..........................................................................6 Reflection on your creativity and innovation skills...................................................................6 Conclusion..................................................................................................................................7 References..................................................................................................................................7
Reflection on Business Creativity2 Reflection: Business Creativity Introduction This reflective journal is based onwriting a reflection of my personal development which involves an understanding of creativity as well as problem solving skills acquired from the workshops, lectures and team work(Heyrup & Bente, 2009).To develop the reflective log, I will explain as well as reflect upon the workshop activities of each topic along with the effectiveness of the team and my role in the team. Furthermore, I will identify main areas include problem solving skills, leadership skills, management skills, influencing skills, organisation skills which I want to develop for my future personal development. Journal over nine topics/sessions In this journal, I will create nine personal logs written for each topic or session which was conducted in the workshop. It will also contain a reflection of all the activities done during studying each topic in workshop module. Topic 1:Introducing Business Creativity During this session, I learnt the basics about business creativity as to prepare for this session; I researched over the real meaning of creativity and its prominence in business sector. While undertaking the topic, the tutor has defined and illustrated the meaning of creativity in general. He also asked all of us about our assumptions or knowledge regarding the same to create an interactive session. Hence, i learnt how to have a creative thinking through understanding the creative process during the workshop. Besides, I felt that I am also a creative person when I applied creative techniques during an activity of this session. for an instance, when tutor gave us an exercise of identifying theories as well as techniques for generating new ideas in business then me and my group organized this task effectively with collaboration and team-harmony. In this way, after finishing the study over this topic I was able to define creativity; effectively understand the creative process; recognize theories and techniques of generating novel ideas as well as apply creative techniques in business(Kaplan & Warren, 2009).
Reflection on Business Creativity3 Topic 2:Developing Creativity and the Business Idea To prepare for this session, from(Osterwalder & Pigneur, 2010)I read about the connectivity amid entrepreneurship and creativity so that I can get the concepts effectively in class. Although I understood the relationship amid creativity and entrepreneurship during the workshop only yet my preparation assisted me while understanding how creative thinking is related with the innovation. I learnt to identify techniques for thinking creatively while doing business. In my team I demonstrated creative thinking during an activity of developing creativity in business ideas. In this way, after finishing the session over the topic 2, I was able to clearly understand the strong relationship of creativity and entrepreneurship(Hojnik & Ruzzier, 2016). I felt that any new business idea can survive as well as success in market if it is based on creativity and innovation. In addition, I can nowdescribe how creative thinking is related to innovation. Topic 3:The Business Model Canvas (BMC) – Part 1 Before attending this session on topic business model canvas, I try to get basic info and understanding about how to model a business canvas. I read that(Osterwalder & Pigneur, 2010), abusiness model canvas is a way to develop new or existing business model for the strategic management. Besides, it is a pictorial chart with the elements describing the organization or product's value proposition, customers, infrastructure and finances.I learnt that the concept of business model in order to understand the main components of business models. I felt that analysing business models through the Business Model Canvas is an important practice to grow the firm’s business from the innovation point of view. The best part was that I learnt a business development tool which is useful for my future career and professional development(Kaplan & Warren, 2009). Finally, post studying this workshop I was able todesign newly innovative business models by using the Business Model Canvas tool easily. Topic 4:The Business Model Canvas (BMC) – Part 2 Before going to study this second session on business model canvas, I studied and analysed so many examples of business models so that my learning can be extended. During the workshop, I learnt about nine major building blocks of the business model canvas. This was the second session on business model canvas hence tutor explained that these blocks are inter-linkedwith the4 major businessareas. I realizedthatBMCbreaksanybusiness modeldownintosegmentssuchaskeypartners,keyresources,keyactivities,value
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Reflection on Business Creativity4 propositions, channels, customer relationships, customer segments,revenuestreams as well as cost structure(Nieves & Segarra Cipres, 2015).In addition, I felt that BMCs help in communicating with clients about why the big business tycoons shoulddo businesswith us. In this way, after this session, I was able todemonstrate a deeper understanding of the 9 key building blocks of the BMC(Zott et al., 2011). Topic 5:Strategy-Creativity in Business Start-ups In order to get prepared for this particular session, I researched about recent and famous start- us which have utilised creativity to grow their business opportunities in the relevant sectors. I also read about creativity being a business strategy at Apple Inc. I learnt a lot about business model environment and its major areas. While doing activities over business strategies during this module(De Bono, 1995), I felt that impacts of business model environments on strategy caneasilybeexplainedthroughidentifiablefactorswithintheeconomic,cultural, demographic, technological, physical or politicalenvironment. These factorsimpact the operations, growth and survival of any organization. Business environments canbe internal or external. Hence,after finishing the study of this topic I was able to identify the 4 key areas of the business model environment as well as design innovative business-models for the start- ups based on numerous drivers and constraints in the business environment(Zott & Amit, 2010). Topic 6:Strategy: Creativity in Present Businesses In this session of the workshop module, I learnt about the second strategy of creativity in business models which is about introducing creativity in already existing businesses. I learnt that existing businesses sometimes lose their effectiveness and usability while they become obsolete for the present scenario. Hence, while learning creativity in business models(Dul et al., 2011)I felt that each and every business needs to be renovated at some point of time and it is called creativity in existing businesses.For understanding above, I and my team tried to identify the 5 major business model patterns to define these business model patterns. Furthermore, based on(Pteronzio, 2017),I explored about how these 5 business model patterns are built to demonstrate an understanding of these 5 business model patterns related to an available business.
Reflection on Business Creativity5 Source:(Thomke & Feinberg, 2012) Topic 7:Reinterpreting Strategy from Business Model Lens (BML) In this session, as a preparation I studied about BML and its usefulness in any business model. During the workshop classes, I learnt that aBusiness Model Innovation (BMI) strategy is all about an effective execution of that business. Based on(Jun & Sung Park, 2013), I felt that in present’s fast pace and continuously changing world the strategy of reinterpreting business through BML is an imperative action. I learnt that due to poor and ineffective executionof business modelsmost of the well- intentioned as well as planned strategies fail. In this way, aftercompleting the workshop session of this topic I was able to identifyallcreativityelementsandmodificationswithinthebusinessmodelsofthe organisations(Zott et al., 2011). I could also easily understand the challenges as well as opportunities of a business model which allow me to demonstrate creative thinking as an individual as well as in team by an analysis of the barriers, challenges and opportunities for any case study business. Topic 8:Business Model Design Process With the help of this business creativity workshop session, I learnt to identify the drivers as well as constraints faced by the business in provided case study. In addition, based on (Bassos, 2016),I understood the key elements required for the business model design procedures. I felt that this module helped me in getting the comprehensive detailed idea about a business model designing process. I realized that without this particular topic or session, all knowledge gathered in the previous sessions is incomplete and aimless as this is the step which is integrating all knowledge together to build business model designing procedure.
Reflection on Business Creativity6 Hence, after studying this topic I was able to demonstrate an understanding as well as knowledge of the application of creativity and innovation in an identified business sector (Dul et al., 2011). Topic 9:Implement and Manage Creativity This was the finishing topic of the business creativity workshop module as after learning the concept of creativity in business, I learnt implementation along with the management process of business creativity in this session. I learnt what is SWOT analysis and for what purpose it is used in BMI. Hence, with the use of SWOT analysis I and my team analysed the activity and module of BMI from the strength, weakness, opportunity as well as threats point of view. Therefore, after studying this topic of implementation and management of creativity I am now able to understand the effective use of SWOT analysis to innovate business models. I also explored how the Blue Ocean Strategy (BOS) assists BMI. In this way, after studying this module I am able to demonstrate creative and original responses to recognized business problems(Zott & Amit, 2010). Reflection on your creativity and innovation skills Based on learning acquired from the business creativity module, I want to communicate that there is no single business modelwhich can make business grow but there are a lot of opportunities as well as options which we should discover with the help of our creativity, problem-solving skills and critical thinking application. After attending these sessions I realized that each and every student, scholar and learner owns a problem-solving mind which needs to be identified through interactive and critical-thinking based activities. While I was learning this module of business creativity during a team-meeting my group was searching a start-up idea on which we could start our research of creativity and innovation. Hence, I gave the idea of start-up to my team which they liked a lot and appreciated me like good team- mates to promote team-learning in our group. Additionally, during this whole module I realized that real-time learning and observation creates and evolves creativity in ourselves because information which we get on the daily basis from countless areas and incidences get accumulated as well as integrated with our critical thinking and problem-solving skills. It means that our skills are based on info we acquire from the surrounding environment and when we integrate all of them together then innovation happens(Zahra & Nambisan, 2012). One example of innovation in business is the Apple Inc. I would like to mention my learning from this module with the help of above quoted example of the Apple Company. My
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Reflection on Business Creativity7 observation regarding creativity and innovation skills depicting that creativity and innovation can re-integrate any existing business model with the help of BML. Based on(Hickson, 2011), Iconsiders that through re-innovating any existing business model we can optimize products and services from the both company as well as customer point of view. Moreover, I learnt thatproblem solving skills, management skills, leadership skills, influencing skills, organisation skills are those essential parts of skill set which can bring revolution in any person’s life when combining together. In addition, as per my views based on(Burns, 2016), these above mentioned skills are equally important for an organization as well as employees working in that organization. Hence, I realized that from business creativity module, I learnt how to work in a team effectively and how to maintain harmony in critical situations through problem-solving skills.In this way, the workshop, classes, activities as well as learning from businesscreativityallowedmetoidentifymanyareasformypersonalandcareer development. Conclusion In conclusion,I found thatreflective-writing on my creativity and innovation skills acquired as well as used while undertaking this module based on lectures, workshops, online forums and group or individual learning provided me an exclusive way to develop my future career as well as personality. I learnt the usage of creativity and innovation in making any business model successful. I also learnt team-based working while doing any project which is supposed to be completed within the deadlines. In this way, I learnt how to integrate innovation as well as creative mind with the business model strategies in order to gain growth opportunities of present and future for any business. References Bassos, B., 2016.What is reflective practice? In The reflective practice guide: An interdisciplinary approach to critical reflection. Oxon: Routledge. Burns, P., 2016.Entrepreneurship and small business. UK: Palgrave Macmillan Limited. De Bono, E., 1995. Serious creativity.The Journal for Quality and Participation, 18(5), p.12. Dul, J., Ceylan, C. & Jaspers, F., 2011. Knowledge workers’ creativity and the role of the physical work environment.Human Resource Management, 50(6), pp.715-34.
Reflection on Business Creativity8 Heyrup, S. & Bente, E.B., 2009.Reflection: Taking it beyond the individual. New York: Routldge. Hickson, H., 2011. Critical reflection: Reflecting on learning to be reflective.Reflective Practice, 12(6), pp.829-39. Hojnik, J. & Ruzzier, M., 2016. What drives eco-innovation? A review of an emerging literature.Environmental Innovation and societal transitions, 19, pp.31-41. Jun, S. & Sung Park, S., 2013. Examining technological innovation of Apple using patent analysis.Industrial Managment & Data Systems, 113(6), pp.890-907. Kaplan, J.M. & Warren, A.C., 2009.Patterns of entrepreneurship management. UK: John Wiley & Sons. Nieves, J. & Segarra Cipres, M., 2015. Management innovation in the hotel industry.Tourism Management, 46, pp.51-58. Osterwalder, A. & Pigneur, Y., 2010.Business model generation: a handbook for visionaries, game changers, and challengers. London: John Wiley & Sons. Pteronzio, M., 2017.Here are the 2017 innovations that changed the world. [Online] Available at: https://mashable.com/2017/12/23/social-good-innovations-2017/#UvM52fGeMmqp [Accessed 16 January 2019]. Thomke, S.H. & Feinberg, B., 2012.Design thinking and innovation at Apple. Cambridge: Prseident and Fellows of Harvard College. Zahra, S.A. & Nambisan, S., 2012. Entrepreneurship and strategic thinking in business ecosystems.Business horizons, 55(3), pp.219-29. Zott, C. & Amit, R., 2010. Business model design: an activity system perspective.Long range planning, 43(2-3), pp.216-26. Zott, C., Amit, R. & Massa, L., 2011. The business model: recent developments and future research.Journal of management, 37(4), pp.1019-42.