MBA600 MBA Capstone Portfolio: Reflective Commentary and Activities

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This MBA capstone portfolio documents the acquisition of management competencies through lectures, research, and group discussions. It covers 12 learning activities from various business management components over 11 weeks. Part A details the activities, including the integration of theoretical and applied skills for strategic thinking, competitive advantage through business knowledge, and specific competencies like strategic marketing and operations. Organizational growth through innovation and the role of business intelligence in decision-making are also explored. Further, the portfolio touches upon cooperative enterprises, the use of research in addressing management problems, change management, data visualization, employee performance measurement, and employability trends. Part B provides self-reflection on these activities, including commentary and criticism on learning outcomes and teamwork, highlighting the importance of practical skills, theoretical models, and employee engagement.
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PORTFOLIO 1
MBA CAPSTONE PORTFOLIO
Name:
Class:
Professor:
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PORTFOLIO 2
Table of Contents
Introduction...............................................................................................................................................3
Part A: Activities Completed....................................................................................................................3
Part B: Self Reflection Commentary and Criticism on Activities and Learning Outcome..................7
Part C: Self Reflection Commentary and Criticism on Learning Outcome from Teamwork...........12
Bibliography............................................................................................................................................16
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PORTFOLIO 3
Introduction
This portfolio outlines that various management competencies that I have acquired in this
course, through various instructional means such as lectures, secondary research and group
discussion. The portfolio covers selected 12 learning activities from various business
management component covered within the 11 weeks of learning.
Part A: Activities Completed
Week 1
In this week, we established that the integration of theoretical skills and applied skills is
required in order to develop practical skills. This however, is only possible if one is able to digest
new information and use in deciding whether they will modify their existing assumptions or
belief, which is the essence of reflective skills. A combination of these skills results into a
strategic mindset, which may lend a business some competitive advantage as one is able to view,
assess and develop a future for their businesses. (Inamdar & Ronald, 2013)
Week 2
In this week, we looked at competitive advantage through using business knowledge. We
underscored the ability for one to recall past business knowledge they have acquired and solve
problems using various theoretical lenses as being integral in creating a business’ competitive
advantage (Kachra & Schneitz, 2008). Equally, important is the ability to use quantitative and
qualitative information in solving problem and in the process integrating both hard and soft
skills.
Week 3
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PORTFOLIO 4
In this week, we examined how firms can gain competitive advantages through specific
competencies such as strategic marketing and strategic operations. I learnt that strategic
marketing is a comprehensive activity that provides business with competitive advantage through
addressing components such as positioning, differentiation, promotion, social media, placement,
branding, product proposition and the use of social media. A combination of these elements is
integral in ensuring that a product is competitive at the market place (Nijssen & Frambach,
2013).
Week 4
In this week, we examined how firms can develop their competitive advantage through
growth and innovation. I learnt that organizational growth comes in various forms such as
structurally through acquisition and people; through profitability; through increasing the market
share and through the innovation of new products and services. I also learnt that employees play
an integral role in organizational innovation given that they interact with the customers in some
aspects and understand the problems that they are experiencing. Through working in teams,
employees can thus brainstorm innovative ideas that can bring the company some competitive
advantage (Back, Enkel, & Krogh, 2007).
Week 5
In this week, we focused on the use of business intelligence to achieve competitive
advantage for our business organizations. This entailed a study of business models and tools,
such as business analytics and business models. I learnt that business analytics are involves a
procedural exploration of the data about an organization through collection and analysis. I also
learnt that business models are plans geared at achieving successful business operations,
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PORTFOLIO 5
identification of sources of revenue, target markets and viable products. Given the current
technological advancement, business data is a critical tool for helping business to make decisions
that enhance their competitiveness at the marketplace (Kane, Palmer, Phillips & Kiron, 2015).
Week 6
In this week, we had a guest speaker, Mr. Brad Hosking, who is the Corporate Director of
Common Equity Housing Limited and gave a lecture on cooperative and mutual enterprises. I
learnt that there are three forms of member owned businesses in Australia, which include
individual ownership such as sole traders and partnerships. The company ownership such as
listed, unlisted and private companies and, member ownership such as cooperatives and mutual. I
also learnt that the Common Equity Housing Limited is an Australian public service mutual
providing affordable housing to more than 2000 households, which accounts to more than 5000
people.
Week 7
In this week, we examined the use of research in addressing management problems. I was
reminded on the primary research methods that can be used in resolving management problems
such as interviews, surveys and focus group discussions. There are also secondary research
methods that are helpful in resolving management problems such as the review of case studies
conducted on similar problems that the organization is facing (Bryman & Bell, 2015). More
importantly, I learned that understanding the management problem is critical in determining the
effective research approach that will be adopted in finding the solution to the problem.
Week 8
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PORTFOLIO 6
In this week, we examined change management in organizations. I learnt that there are
numerous factors, which lead to resistance to change. These factors include the formulation of
strategies that are not aligned to the objectives of the organization (Jung, 2011). Some
organizations also come up with expectations that are quite unrealistic and unfair to the
employees (Marwah, 2012). Poor leadership is also another factor that undermine change
initiatives, while also employee resist change because they fear it could take away their jobs or
rob them of their autonomy (Miller & Proctor, 2016; Aken, Berends, & Bij, 2012). More
importantly, change fails because it is poorly communicated and once employees do not
understand its rationale they fear it and resist it.
Week 9
In this week, we examined the relevance of data visualization in making sound business
decisions. We contrasted the traditional collection and presentation of data with the new models
of data presentation, which have been enhanced by various technological tools. I learnt that data
visualization is helpful in understanding the significance of data and presenting it for a broad
scope of use. More specifically, the use of infographics enhances cognition through improving
the ability of the human visualization system (Stippich & Petrich, 2016). Therefore, helping
manager to establish trends and patterns in their respective markets or industries (Simon, 2014). I
learnt that for proper appreciation of organizational data, infographics are an invaluable tool for
current managers.
Week 10
In this week, we looked at the measurement of employee performance. We considered
the business metrics that should be used in measuring performance and I learnt that the metrics
should be developed through steps that include the definition of the company’s objectives, the
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PORTFOLIO 7
development of the theory that explains the drivers of the objectives. The identification of
specific employee activities and the evaluation of the results (Dávila, Epstein, & Manzoni,
2014). We also looked at the key performance indicators, which serve as the organizational
milestones for determining the success of employees in attaining the targets that the management
allotted to them. I learnt that performance management is a proactive way of engaging
employees to help the company realize its objectives.
Week 11
In this week, we looked at employability trends. We noted that some of these trends include
design thinking, flexible working patterns, the appreciation of people analytics by companies,
team collaboration instead of competition, the rise of remote workers, the prioritization of
employee engagement and training not just as means for onboarding (Pirzada & Khan, 2013;
Williams, 2004). As I near the end of my MBA, I feel sure that I am competent enough to take
up the opportunities that the industry has to offer.
Part B: Self Reflection Commentary and Criticism on Activities and Learning Outcome
Week 1
In our group work, we discussed whether business school curricula have failed to
addressed the various aspects of changing business world. We agreed that the school curricula
had not failed to develop effective business leaders as it provided them with the theoretical base
they needed to excel in business world. However, we failed to take into account the fact that
business school should do more than provide theoretical knowledge. Catano (2010) recommends
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PORTFOLIO 8
that anyone should endeavor to provide practical, applied and reflective skills as well through
collaborating with industry.
Week 2
We watched a video clip regarding Fair work Commission, whereby there were penalty
cuts on the rates in the industries, which affected wages of about 700 000 workers. I learnt that
there are numerous factors, both internal and external that affects business. As a manager, one
needs to be conversant with the theoretical models such as the marketing mix, PESTEL analysis,
Agency theory, Porter’s five forces, BCG Portfolio matrix and many more (Ragsdale, 2016). It is
through having such knowledge that one can appreciate their external and internal environment,
and thereby gain a competitive advantage in the market.
Week 3
In our group activity, we looked at how we could create competitive advantage in our
respective industries, considering the future strategic marketing and operation trends. The
discussion taught me the competitive advantage is achieved from a proper mix of the component.
Given the variation in the market, it becomes essential that businesses embrace these
competencies in order to assure themselves competitive advantage (Fryer, 2009).I intend to
consider this factor in my managerial role.
Week 4
Our group work tasks was to imagine we were working for a firm that struggled in terms
of cash flow and revenue, which implied that there was no money to replicate the largesse that
the Top 50 employers provide. We saw that some of the HR approaches that could be used to
attract, engage and retain employees without incurring additional costs include providing the
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PORTFOLIO 9
employees with work-life balance in terms of diversity, job security, reasonable workloads and
resources for undertaking tasks. The other strategy includes involving employees as individuals
or teams and challenging them to come up with innovative product solutions, upon which they
are acknowledged and rewarded when the products pay off.
Week 5
Our group activity involved how to use business intelligence in making decisions as a
manager. I learnt that the data that businesses collect on a day-to-day basis is a critical business
asset as their proper analysis can help a manager to make forecasts that can translate into
profitability. I learnt that I needed to scrutinize the sales and marketing information, for instance,
to understand the trends in the market, the segmentations in our market and some of the gaps that
our company could fill with new products.
Week 6
In our group work, we assumed that we are a mobile service provider, and our workplace
career role was sales and marketing. We thereafter took into account the possible future
employment trends of 2020. In our discussion, we concurred that by 2020, most we will need to
employ people aged less than 45 years in our department; most of people in this age group have a
bachelor’s degree and we will therefore need to look for people with the highest qualification
and with some considerable measure of experience. I found this quite instructive given that there
are more people graduating every day, and the challenge will be to find the right person for the
job.
Week 7
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PORTFOLIO 10
Our group activity involved a discussion on the differences between data management,
data sources and the significance of research from the perspective of a marketing manager in a
high moving consumable firm. We saw that data management involves the collection, analysis,
archiving and use of organization data to make informed marketing decisions. We also agreed
that either data sources could be primary such as employees and customers; or they could be
secondary such as journals, magazines, newspapers and the Internet. We concurred that research
is essential for helping organizations understand their market position, appreciate the needs,
wants of their markets, and predict future trends, all of which enhance their competitive
advantage.
Week 8
In our group, we debated on what is important in the management of change between
people and process. We noted that management spearheads the process of change. Besides, it
should involve orienting people to embrace change. We concurred that once the process is
gradual and supported by sufficient information and resources required change invariably
succeeds. We also noted that people are integral in embracing the process of change; if they
resist it, the change will not succeed. As a manager, I learnt that people and process are
important considerations in effecting change in organization; people should be engaged in
developing the process.
In another group, we also looked at the different types of change such as change in
leadership structure, change in the job roles and change in the organizational processes. We saw
that these changes require different forms of leadership. For instance, change in leaders may
require participation of people or collaboration for it to be successful; change in job roles will
need education, direction and leadership whereas the change in process will require
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PORTFOLIO 11
collaboration. I learnt that different management or leadership styles are essential for approaches
different forms of change.
Week 9
In our group discussion, we looked at three types of reports: marketing plans, sales
reports and progress reports. The ideal audience for marketing plans is the marketing department
and the top management team. They have the responsibility to increase the competitive
advantage of their organization. The audience for sales reports is the sales and marketing team.
Their main purpose is to understand the company’s sales trends. Furthermore, the top
management forms a better audience for progress reports that seek to understand how various
components of the organizations are working out. We agreed that with infographics these reports
could be further enhanced for easier interpretation and comprehension.
Week 10
In our group work, we were assigned the role of ensuring that that senior management is
committed to change as one of the way of setting new Key Performance Indicators in our
organization. In order for this to succeed, we saw that communication is key: once we can help
the senior managers to understand how the new KPI is going to translate into tangible results
such as productivity and profitability it will then be possible for them to buy the idea. I learnt
that this is an essential initial step in ensuring the successful implementation of new KPIs.
Week 11
In our group, we were allocated the rise of gig and remote workers as the employability
trends that we needed to focus on. We read the report section on this particular trend and then
used our smartphones to research more about it. We found that with the adoption of technology
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PORTFOLIO 12
in most workplaces, remote working has become a preferable mode especially for millennials.
Some companies to achieve work-life balance for their employees are also using this trend. I
learnt that remote working should not be considered as a negative trend largely because of some
of its economic benefits that it brings to the company. Besides, it does not lessen the burden of
human resource but helps companies achieve more with less input.
Part C: Self Reflection Commentary and Criticism on Learning Outcome from Teamwork
Week 1
In ascertaining why business curriculum has failed, we examined various examples of
business failures and related them to the lack of theoretical, practical, applied and reflective
skills. There emerged an apparent gap, which is not entirely the fault of business schools but also
the lack of industry to collaborate with these schools. I took part as a team member and was one
of those who argued that the failure of business school curricula is a collective responsibility of
both academia and industry.
Week 2
I was assigned the role of a union group member and together with other union members
we identified job satisfaction, employee engagement and competitive advantage as the as the
theoretical lenses we used to justify the cuts. We settled on these three concepts because they
deal with employee motivation, acknowledging the fact that cutting the penalty would improve
on their wages, thus boost their spending power. This may in turn affect their morale. My role as
a lobbyist was to advocate for the welfare of the employees.
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