Reflective Essay on MBA Capstone and Skills Development

Reflective Essay 0
Title: Reflective Essay
Assignment Name:
Student Name:
Course Name and Number:
Professor:
Date:

Reflective Essay 1
Contents
Introduction......................................................................................................................................2
Summary of Reflective Capability and Learning, that Includes the Knowing, Being and
Competencies and Four Essential Capstone Skills..........................................................................2
A Personal Reflection on Learning’s from the Capstone Subject and Consultancy Research
Process.............................................................................................................................................5
A Personal Reflection on Skills Developed Over the MBA............................................................8
A Personal Reflection on How These Will Assist in Future Career Endeavors..............................8
Conclusion.....................................................................................................................................12
References......................................................................................................................................14

Reflective Essay 2
Introduction
Going through the MBA Capstone workshops during my course, an in-depth
understanding of the subject has given me immense confidence in thinking for solutions
regarding real-world business problems. It has helped me to attain immense skills and
knowledge, which will help me deal with the different challenges will be imposed on me in the
real business world. This assignment has helped me developing strategic management skills,
which can be implemented in achieving an organization goals, by addressing different problems
that an organization facing due to the increasing level of competition in the market. From this
course, I have learned about knowledge utilization and management with the help of different
models, financial management and utilization of effective communication for handling the
different financial issues, and also, the different strategic measures which have to be taken for
gaining a competitive advantage. Therefore, with all these different attributes, I feel that all these
various knowledge and skills will help me massively in the real business world.
Summary of Reflective Capability and Learning that Includes the Knowing,
Being and Competencies, and Four Essential Capstone Skills
The four essential Capstone skills that I have attained from different workshops are –
 Practical knowledge.
 Theoretical knowledge.
 Communication skills.
 Financial management skills.

Reflective Essay 3
These four important skills are the most essential ones which need to be mastered and to be
implemented for effective decision making.
With the help of Theoretical Knowledge, I learned about the different business models and
business analytical tools. The business model like “two and two matrix” (Dawes, 2019) and the
“structural equation model”, both helped in understanding the different pillars of business,
especially e-businesses, which are excelling in the current market (Erdogan, 2019). Through the
theoretical knowledge, I attain knowledge about the different aspects which can be utilized for
building cost-effective strategies, as in the current working scenario of business, it is paramount
to formulate strategies that help in saving cost, which can be utilized during the time of
emergency or other activities, especially marketing. The other model that helped me in
understanding the target market that is “Bell Curve Model” (Chillakuri, 2018). This model can
also be utilized in the future for managing the intense competition in the market.
Practical Knowledge attained through “the framework of organizational knowledge” and its
two main aspects that are “static substance knowledge” and “dynamic business knowledge”, both
helped me understand the different aspects like vision and mission of an organization and how
they play a crucial role in fulfilling the organization’s objectives (Rai, 2011). The biggest
practical knowledge which I attained from this course is the increasing utilization of social media
for expanding the organization on the global level.
I realized the importance of communication skills, during the process of attaining
knowledge about financial management. In addition to this, I realized that communication plays
a crucial role in increasing the level of transparency in an organization which helps in reducing
the level of confusion. The communication skills will help in conducting different processes of