MKT1003 Enterprise & Opportunity: Teamwork, Contextualization & Growth

This report delves into the interconnectedness of enterprise and opportunity, emphasizing the role of teamwork, contextualization, and development in fostering business growth. It begins by examining successful teamwork strategies, applying management theories such as Belbin's team roles and Tuckman's model to illustrate team dynamics and development stages. The report then discusses contextualization, linking real-world scenarios with general business principles and motivation theories to enhance employee engagement and performance. Furthermore, it explores personal development planning and skill audits as essential components of professional growth, highlighting their impact on individual and organizational success. The analysis provides a comprehensive overview of key strategies for achieving enterprise success through effective teamwork and continuous development.

Enterprise &
Opportunity
MODULE CODE: MKT 1003

Table of content
MAIN BODY.................................................................................................................3
 Example of successful teamwork:...............................................................................4
 Belbin Team role..........................................................................................................4
 Tuckman Model...........................................................................................................5
 Contextualization.........................................................................................................7
 Development.................................................................................................................9
CONCLUSION...........................................................................................................12
REFERENCES............................................................................................................12
APPENDIX.................................................................................................................14

INTRODUCTION
Enterprise is an organisation which helps out to collaborate and frame effective
business practices for the commercial purpose. These are mainly all the willingness and
efforts which are being made by the individual for the growth and for setting up new
company for increasing the production and growth. This provide opportunity to all the
business to be effectively framed and being managed with full authority and advancement.
Enterprise and opportunity are mainly interlinked as they frame out effective culture through
which a setting up of a business for commercial purpose is being made and it helps out to
serve opportunities to the individuals for growth and advancement in all the sectors. This
requires proper strategies through which a business can be framed which are like teamwork,
communication, development and many more. Teamwork is a method used by business
organisations for some important projects in which a group of colleagues are being involved
for completing the task as it provides the opportunities for increasing the advance skilled
work and production. Communication helps out to analyse all the important areas through
which better working environment can be maintained and it also helps out to evaluate all the
issues and maintain better working conditions (Willaert, 2021). In this report there will be a
brief discussion about successful teamwork and its importance by applying management
theories, meaning of contextualisation and its role on business management furthermore. it
will also cover development through the personal development plan and a skill audit.
MAIN BODY
Teamwork
When a particular work is being assigned to a group of people or a team in the
organisation in order to make it operated in a proper efficient manner and also to focus on our
common goal for the advancement of business practice in that sense teamwork is being made.
It is mainly a group of colleagues or members working together for a same task in order to
achieve the same goal or objective (Bolton, and et. al.,2021). Teamwork is mainly
corporation given by individuals by implementing their individual skills and also by
analysing and providing constructive and relevant feedback without any personal conflicts
that were being between them. It is a selfless effort given by individuals working together for
achieving a common goal by their collaborative efforts. This mainly provides a positive
attitude of people towards the organisation and also create a positive impact in the

atmosphere of working environment as it used to be made with the support of each other and
also helps out to combine individual strengths which evaluates and enhance the performance
of teams.
Example of successful teamwork:
Successful teamwork used to bring and build morale between the members as when
the work is being divided between all the members it is mainly being done faster than all the
other approaches and areas. The work is being more valued when the person used to
contribute in a team in order to produce the same goal and objective for better results. It is an
important way to make the employees being connected with each other and it also helps out
the workforce to analyse and split all the difficult task that were being coming in the future
by working together and by channelising their strength towards same direction. It usually
develops a skill through which person can advance their own identity by completing the work
in a faster and better manner. The major benefits of successful teamwork is it helps of the
facilitate the creativity and generation of effective approach and ideas and also improve the
productivity and advancement in the business (Mouraviev, and Avramenko, 2020). For
example, successful teamwork helps out to motivate the employees towards the organisation
and also boost their confidence in a positive manner, it also encourages the employees to take
the healthy risk and to achieve something new and innovative for the companies. And also,
teamwork helps them out to learn in a fast manner and also relieves their stress. All these
helps how to make the growth and advancement of the company and also contributes in the
success and better approach.
Belbin Team role
As Belbin provides the team used to be filled with all the employees or the individuals
who have similar behaviour and styles so that there will be an effective balance between them
and it will help out to grow their business and organisation with the help of team role. There
are nine Belbin team roles which helps out to manage the teams effectively they are:
 The monitor evaluator: They usually make decisions which are being dependent on
the rational thinking and on facts they are normally the individuals who used to excel
on the critical thinking and also implement strategic planning. They carefully
overlook all the possibilities and try to devise for an important solution. There mainly
the individuals who prefer to work alone and do not get involved with their co-
workers.

 The Specialist: These are mainly the team member who used to be expert in a specific
field as they used to have depth knowledge on a particular area and are being expert
ties on their technical knowledge. They are the invaluable assets which used to help
the organisation with their skills and behaviour (Cervera-Carles, and et. al.,2018).
 The plant: These are generally the free thinkers who used to create and produce the
innovative approach and original ideas with a new technique. They usually work
alone and come out with a creative and innovative thinking and solutions by changing
the traditional concepts. Plants team member used to focus on growth and progress.
 The Shaper: These are the extra words who used to focus on pushing themselves in
order to gain the better results they used to motivate dear team members. They are
usually the positive nature team members who can work under pressure and used to
enjoy all the challenges by making different strategies and goals.
 The implementor: These are the organisers whose structures their work and also
implements abstract ideas in a proper self-controlled and highly disciplined manner.
They are the backbone is of organisation who used to complete their work effectively
and quickly.
 The finisher: They are the complete years who are basically introvert and our
perfectionist by providing we find details and also by scrutinising all the products and
by finishing the task on proper time. This type of team used to do high-quality work
for companies.
 The coordinator: They are mainly the experienced team members who used to have
effective and excellent communication skills and used to manage the work in a proper
manner by achieving the targets and goals.
 The team worker: They are the extra words who are good listeners and used to adapt
proper functioning of the company, also the team members used to focus on assisting
and properly providing highly adaptable work and also focus on establishing harmony
with your team (Stewart, 2018) (Wolfson,and Mathieu, 2017).
 The resource investigator: These are the members who used to have a talent for
excellent networking and are mainly so enthusiastic people who used to provide new
opportunities and investigate for the new projects and developments. They mainly
have outgoing personality and used to focus on providing the better research.

Tuckman Model
This theory used to provide and focus on the methods through which team can be
tackled and through which a proper and element ideas can be implemented for team building
challenges. Tuckman Theory used to focus on giving the methods through which team tackles
all the task for completing the project. This is mainly relevant with the team building
challenges this mainly have three important stages through which the work and be framed
and Model can be explained effectively. They are mentioned as follows:
 Forming: This is the initial stage where the teams are generally formed and
individuals but not being aware about the purpose and the task of the team and the
methods through which they are going to be fit in it. In this stage they were not being
aware about the ideas for which the team was being a sign and about working with the
individuals in our team. They are more likely to be curious, anxious and excited and
were looking forward for a particular and effective direction for the team. In this stage
mainly the team are being assembled and a particular task is to be allocated to them.
Here all the team members used to behave independently as they do not have much
knowledge about each other so they were most likely big not being able to trust each
other. A proper time period is being utilised for collecting the information for making
the bonds and also to implement proper strategies and planning (Gu, and et. al., 2018).
 Storming: in this stage the teams used to push them self for the assigned task outside
the boundary limits. And try to maintain the relation with each other or can break it.
There were several friction or conflicts can be arise as the team members are being
working according their own skills and strength and in their own character in which
All of them will have different ways of working which can create a conflict or clash
between them. The management style which was being often challenged by the team
members. In this stage the team used to address about the suggestions and ideas for
the task this face can be destructive or constructive as the relations between the
colleagues and the team members can be broken or made (Conners and et. al.,2017).
There is mainly a problems set can arise and the team has to focus on maintaining
Strong facilitative leadership for this phase.
 Norming: In this stage the team members used to start resolving all the disputes and
differences and also analyse the strength of each other by appreciating the work and
the respect is being developed for the leaders. There will be an effective
communication between each other and they used to analyse to know each other

better and a comfort zone is being created between them. Team members used to
create a stronger commitment and also focus on the growth and progress. In it
harmonious practice of working is being made and they used to agree on all the values
and rules that is being operated between them. In this trust begin to develop and all
the ideal situation is being connected. Team members used to take responsibilities and
also move forward for achieving the goal and advancement.
Contextualization
Human resource management is an approach which helps how to manage employees
in the company and also implements proper working culture and environment as it focus on
management, recruitment, appraisals, directions and many more. This is a practice which
helps out to manage and hire employees for the companies and organisation.
Contextualisation is a method in which a real scenario or incident is being linked with
general theory and working principles. As motivation theory used to focus on driving the
individual towards work and to make them focus for the goals and outcomes. It is important
in all the working environment to provide a proper motivation through which the employees
will feel confident towards working in the company and will also give better outcomes and
efforts and this is possible by providing them rewards and appraisals (Swedlund,2017). In
order to make the employees feel satisfied about their working area they should try to
maintain a reward system and appraisals should be given on a timely basis so that they will
feel confident towards the working environment and also give more efforts in outsourcing
and maintaining the effective strategies and working conditions. Motivational theories
variously focus on reward system as it enhances the growth of the company as well as of the
employees as they will gain some more incentive and appraisals through which their further
lifestyle will be enhanced and will satisfy them and their esteem. HRM tends to focus on
providing timely appraisals and rewards to their workforce who are being working efficiently
for the company in order to gain the advancement and also to make the satisfactory position
of the company by outsourcing the challenges with the help of employees and their positive
attitude.
For instance the employees in the company used to feel more confident and work with
more enthusiasm when they gain rewards for their efficient working.
Hertzberg two factor theory
He has classified two factors which are like:

 Hygiene factor: This factor is important in all the jobs and working environment as it
used to motivate the employees towards the positive approach in this factor the
extrinsic working environment in the hygiene used to be implemented in which it
includes:
 Pay: When employees used to get reasonable and adequate salary structure it will
help them out to boost their confidence (Ahn, and Song, 2021).
 Fringe benefits: It usually focus on the health care plans, benefits to the family
members, employee’s health programmes etc.
 Job security: When the company used to provide proper job security it motivates the
employees.
 Physical working conditions: It provides clean, hygienic and safe working
environment in a well-maintained area.
 Interpersonal relations: Organisation should focus on maintaining proper relations
with their subordinates and superiors no conflicts should arise over there.
Motivational factor: This is the most important factor as this mainly provides a positive
satisfaction to the employees towards the company and it is inherent to work. It mainly
provides out to focus on the performance and also involve them more towards the working
conditions. This is mainly psychological needs of all the employees in the company through
which they will gain the additional benefits from the organisation this includes:
 Recognition: Employees should be recognised and praised for all their achievements
and accomplishments by the seniors and they should try to give them rewards for all
the effective and good work and performance which has led the company to grow in a
better manner (Chicas, and eta al., 2021).
 Sense of achievement: All the organisation should provide the rewards for all the
effective performance which were being made by them which means the employees
should gain the sense of achievement for all the task in the work that were being
performed by them which will motivate them to work harder for future growth and
programs.
 Responsibility: Manager should make them work in and motors possible manner as
by trusting the employees and also on providing and taking their concern regarding
the effective decision making.
 Growth and promotional opportunities: Organisation should always provide
motivation to their employees by providing them growth and also rewards and

appraisals for their enhanced culture and efforts that were being made by them for
making the company to gain better.
 Meaningful work: They should provide all the challenges to their employees and also
make their work interesting and make them motivate toward them.
Thus, it is important in all the working environment to provide motivation to their
employees on timely basis. All the workforce who used to show extra efforts for the company
and also try to make them achieve their targets and goals with a proper innovative approach
should gain appraisals and awards (Salam, 2020). Companies should provide rewards to their
employees which will motivate them to work more harder and gain success for the company
and also help them out for their personal goods. Rewards used to motivate employees of the
company and also make them to work harder. As it is a basic need for all the employees to
gain proper motivation from the companies through which a morale is being boost and
confidence is being gained in order to work effectively. Reward system play an important
role in all the sectors as it push the limits of the employees and workforce to achieve it and
also motivate them Towards their company so as to gain advancement in a better approach
and manner. Various promotional opportunities in the responsibilities that are being given to
the employees for the sense of achievement and also to make them cover and complete the
task help out to enhance their working culture and also focus on implementing the strategies
through which effective working can be planned. Appraisals helps out to provide positivity
and enthusiasm in the working employees (Fredman, and Diederich, 2020).
Development
Development is mainly the advancement or the growth which is being made with the
help of individual for any company or business organisation or of individual by dancing their
own skills and knowledge. This is mainly the new and innovative advanced approach or idea
or product that is being made in the changing areas and significance. As in the organisations
It is important for them to maintain development for future advancement and to make their
customers and the consumers to be attracted towards their companies (Moser, 2018). They
merely focus on providing the effective cultures and also through which the expansion can be
made. As development evaluates out a positive approach towards the growth and production.
Kolb’s learning cycle

It is a effective learning style theory which helps out to determine four important
stages in the learning cycle through which goals direction and behaviour can be implemented
on the ongoing nature. This mainly have four important stages they are as follows:
 Concrete experience: it is mainly a creative approach or an original style in which
experiences from all the above actions are being taken individual used to learn from
different perspectives. It used to focus on feelings and also take interest in others. This
is an important experimental learning and it involves all die professional areas of
experience through which the learning opportunities are being given to the
organisation this used to focus on providing the growth and the personal nature with
different valuable chances (Chang-Hsin, and Ju-Ling, 2018).
 Reflective observation: This is the second component which used to provide all the
experience through the learning areas it helps out to implement the ideologies through
which a proper consistency can be reflected in the working areas and experience and
new challenges can be solved with the proper decision making. Leaders can help out
the employees in order to develop the strategies through which they can enhance their
working area.
 Abstract conceptualisation: it is a developing observation which is being gained
through the experience and is also reflective process which used to provide a proper
channel link and approach through which development of proper response can be
implemented. Here the learner used to gain different ideas and also Abstract their
present ideas. This concept usually helps out to alter and change all the observation
from the previous stages (Lo Coco, and et. al.,2019).
 Active experimenting stage: In this stage modifications are being made and the
learners used to apply all the new ideas for their work and try to maintain proper
visible actions for their concept. This helps out to maintain deep concrete experience
and also to implement the process in which all the new ideas and innovation can be
implemented.
Honey and Mumford learning style
This style is based on kolbs Learning cycle as this has four important stages which are
mentioned there under:
 Activist: They are the individuals who used to focus on learning from the experience
and doing certain task. Activist have to make their hands dirty in order to gain

experience they usually have open-minded approach towards involving them self or
learning experience and they used to enjoy to gain the new experience with an open-
minded approach. The focus on taking new challenges and implementing new
strategies by constantly implementing and trying the new task. Some of which are like
problem-solving, brainstorming, group discussion, competitions and many more
(Ford, 2020).
 Theorist: They are those learners who used to understand all the actions behind the
theory. Analyse the concepts, models and then engage themselves in the learning
process and also focus on analysing and synthesising all the systematic approach
towards the new information. They adapt different observations and also behave in a
logical way. They need to be perfectionist and for that they try to implement rational
schemes and programs. They consistently focus on logical approaches. Activities used
by them are like stories, models, background information and many more (Hopkins,
and Reid,2020).
 Pragmatist: they are the individuals who will have to analyse that in what way they
will be able to learn from the real world. They used to focus on abstract concepts in a
limited manner and used to put their ideas and all the actions in their general life.
They are the huge experimenters who focus on applying new theories, techniques and
ideas in their working areas. The activities in which they’re involved are like
problem-solving, evaluating, learning from reality etc.
 Reflector: These individuals are observer and thinker for all the future aspect. They
used to prefer to watch all the foregoing techniques and ideas. And also take
experience from all the general perceptive and by collecting all the sources and data.
The usually focus on personality questionnaire, self-analysis, discussions, interviews,
Coaching and many more.
Skill audit
Skill analysis or skill audit is an important technique which helps out the individual to
analyse all their current areas and skills in which they are lacking. As in all the organisation it
is important to have some important knowledge and skills through which they will focus and
provide the profitability for the company (Pu, and et. al.,2020). And all the individuals lack in
any of the field and for that skill audit helps out to enhance those areas by enlightening their
carrier and growth. This is mainly approach which helps out to enhance their skills and
activities by implementing some good areas and characters. All these helps out to maintain

the culture and also evaluate out the nature through which the individual can gain their
advancement and can also maintain the nature through which they will maintain the personal
growth and performance in the audits and the dimensions. All such audit helps out to
maintain the growth and also reflect the personality of the individual.
Personal development plan (PDP)
This is a structured and legal form through which individuals can analyse and
measure all the gaps that were being made between them and through which they can possess
different skills by individual. Personal development plan helps how to implement the actions
through which they can measure different con current skills and can improvise their working
areas and strategies (Oberoi, and et. al., 2018). This mainly make them the proficiency and
the targets through which they can analyse the effective areas which need to be developed in
their further changes and also provide planning in the methods through which they can
improve their personality. This mainly helps the individuals to gain advancement in their
organisation for the future Growth and carrier and also implement different strategies which
they can maintain all the immense possible ways through which development can be raised.
CONCLUSION
From this above report it is concluded that enterprise used to help out in all the
frameworks and collaboration for the commercial advancement and areas. Teamwork is
mainly a method in which group of individuals used to work together in order to make the
business gain the advancement. For implementing successful team-work it is important to
give proper direction and a better communication. As according to Belbin theory there are
nine important team rules which helps out to manage the teams in effective manner. Tuckman
model helps out to give and focus on all the team building challenges and methods through
which forming, storming norming can be maintained. Contextualisation helps out to give the
motivation to all the employees with the help of reward system as reward and appraisals
provides motivation to employees for working in a better environment. Hertzberg theory
covers two important factors which are like hygiene factor and motivational factors which
plan the effective strategies and maintain the goal and analysis.