MGT501: Business Environment - Reflective Analysis Report

This report is a reflective analysis of the business environment, focusing on the student's motivation for postgraduate studies and their career aspirations. The student utilizes the Driscoll model of reflection to analyze their experiences, including an internship, and identify areas for professional growth. The report explores the importance of leadership skills, change management, and marketing research in achieving long-term career goals, such as leading a project management team. The student outlines short-term objectives, including enhancing leadership skills, and gaining experience in change management and marketing research. The analysis emphasizes the application of theoretical knowledge to practical experience, highlighting the value of the course in supporting their career objectives. The student emphasizes the need to enhance skills and knowledge, and how the professional degree may help in operational management, understanding leadership aspects and practice, resources optimization, professional communication and ethics, and most importantly managing human resources in the organisation.

Business environment
[Type the document subtitle]
student name
3/12/2020

Business environment 1
Business environment
Understanding oneself and learning from the experience reflect the relevance of
reflection in career and education. Reflection is the practice that includes learning from
experience and applying the learning in future experience. Education is important part of life,
however taking up any course reflect a major decision for an individual, which include
considering the objective, and ability of the course to make one reach the goal. It would be
considering going for professional degree for which the analysis will be part of discussion in
the essay. I will be considering setting career goal and analyse if the decided course will be
helpful in the professional development (Bombiak, 2018).
One of the reflective models that can be applicable while analysing the course
relevance is Driscoll model of reflection. This includes an experimental learning cycle
initiating from experience. The phases of the cycle include experiencing, sharing, processing,
generalizing, and applying. Considering first phase that is experience, I would like to include
that as per my existing knowledge business is the commercial activity with the key objective
would be to earn money in the form of profit or social cause. I would include that I am
interested in understanding the constraints that are part of business or trading of goods and
services. From my previous experience, where I have work as the an intern in the business
environment, I could include that it acted as a good learning, but I believe that the
professional degree would be more helpful in my growth in professional life I would be
continuing further. This is one of the major reasons that I am looking forward to go for this
degree. The business environment reflects major opportunities but also reflect major
challenges, thus it is important to be ready for the challenges through acquiring some key
skills and knowledge (Snowdon, 2018).

Business environment 2
Considering second stage of the framework that is sharing, I have observed that I am
good with some of the aspects, but have been lacking in some of the key aspects which reflect
the need to enhance my skills and knowledge. For instance, in the team I was good when it
comes to empathise with the team members and collaboration in the team, but leading a team
may come with some challenges. From this experience, my interest is in leading a team and
gets new idea to be introduced so as to create an innovative product to be offered to the
customers. From the economic principles, which state the relation between supply and
demand reflect that managing the demand of the customer with limited resources is one of the
major challenge, which reflect an individual’s skills (Bertrand & Rodela, 2018).
The key advantages or I would say the outcome that may be met through acquiring
the professional degree includes learning operational management, understanding leadership
aspects and practice, resources optimisation, professional communication and ethics, and
most importantly managing human resources in the organisation (Bonaccio & O'Reilly,
2016). The professional degree may help me improving these skills so as to become a good
entrepreneur in a top corporate company. Thus from the three questions from the Driscoll
model reflect what, so what, and now what. Experience, observation and the purpose of the
study is being analysed.
In order to ensure that the skills learned from the course would be helpful in the
carrier I would be considering the application of the skills in the course and after the course.
Other than this the accomplishment of every small aspect will be applied to the career
through gaining further experience from live projects within the course, participating in
course events like class role plays, which will act as some ways to monitor, apply and
manage the theoretical study to successfully apply to a practical experience (Birasnav, 2014).

Business environment 3
Considering the third question that is now what, and the stage so the framework that is
processing, and generalising, I would include that the key learning from the experience and
learning looking forwards for acquiring professional degree includes leadership skills,
knowledge, theories, and styles. The key learning from the experience includes use of
effective communication, using empathy as major aspect when it comes to leading team.
Moreover, the learning also included that the business environment is very dynamic
thus it is important to possess various managerial skills and practice. The key application of
this study would be through working in corporate as new product developer as my career
objective. Thus my career goals include Long term goal, which I would prefer to achieve in
next three years includes leading a project management team in top corporate management
(DuBrin, 2016). This may include requirement to achieve various short term goals. The short
term goals will include the goals or objectives that I would prefer to acquire within next one
year. This includes leadership skills and theories. This includes various knowledge of
leadership that must be consider by a leader to eventually manage the work without any
hurdles for the professional development. For this, I would be practicing leading a team
during the course in considered degree and preparing projects and group assignments.
Change management learning is another short term goals. I am looking forward to bring
change in product or process in the organisation which may reflect a major change in the
organisation (Brenner, 2015).
Lastly, marketing research would be another aspect I would like to learn and practice
within a year, which would lead me to introduce new product ideas and its feasibility check at
the marketplace. These will help me or directed me to accomplish my career goal that would
be supported by the professional degree I am going to possess (DuBrin, 2016).

Business environment 4
References
Bertrand, M., & Rodela, K. (2018). A framework for rethinking educational leadership in the
margins: Implications for social justice leadership preparation. Journal of Research
on Leadership Education, 13(1), 10-37.
Birasnav, M. (2014). Knowledge management and organizational performance in the service
industry: The role of transformational leadership beyond the effects of transactional
leadership. . Journal of Business Research,, 67(8), 1622-1629.
Bombiak, E. (2018). Green Human Resource Management as a Tool for the Sustainable
Development of Enterprises: Polish Young Company Experience. Sustainability,
10(6), 1739.
Bonaccio, S., & O'Reilly, J. (2016). Nonverbal behavior and communication in the
workplace: A review and an agenda for research. Journal of Management, 42(5),
1044-1074.
Brenner, S. (2015). Leadership style and the process of organizational change. Leadership &
Organization Development Journal, 2-16.
DuBrin, A. (2016). Leadership: research findings, practice, and skils (8 ed.). Mason, OH:
South-Western Cengage Learning.
Snowdon, K. (2018). Humour in reflective practice. Journal of Paramedic Practice, 10(4),
144-146.