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Individual reflective report on business plan - Essay Example

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Individual Reflective Report On Business Plan Name: Tutor: Course: Institution: Date: Table of Contents 1. Team Work 3 2. Process of Idea Initiation 4 3. Presentation Experience 5 4. Alternative Scenario 5 5. Other areas 5 References 7 Individual Reflective Report On Business Plan 1…
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The business plan was to be graded according to a rubric; thus, this rubric was considered to be a tool aimed at facilitating the consistency in grading assignment (Martinez, Wells, Peterson, Hannigan, & Stevenson, 2008, 19). Therefore, we took the rubric as the criteria of working on the business plan in order to ensure that it met expected level of quality for the purpose of grading. There were a lot of things that I learnt in the experience from this team work; for instance, I learnt that the team assignment is divided to be assigned to members.

I also came to lean than the team leader ensures that member is assigned to the section that they are comfortable with. This was by letting the members decide the section that they were to tackle. I also learnt that there should be a separate section of compiling, editing, proofreading, revising, and submitting (Martinez, Wells, Peterson, Hannigan, & Stevenson, 2008, 19). There was to be one of our members who were to concentrate on this section, hence, this was facilitating the covering of all the section of the business plan and work to be credited appropriately.

I also learnt the importance of setting dates for checking on the progress with the other members. We used online workspace for updating one another on various tasks of the projects. This helped us to maintain the cohesiveness of the team and ensure that everyone is still doing what was expected. I also learnt that there is the importance in setting the dates for submitting the drafts and the final work for each team member. We also used the time frame for gathering the feedback and ideas from the members before the business plan was finally compiled together.

We also ensured that we had enough time for proofreading the business plan before submitting. 2. Process of Idea Initiation: Ideas initiation process began with a stage where members were oriented to the task of coming up with a business plan in a way that created awareness regarding objectives of the team. Member held a discussion, which was focused on the scope of the task and the approach to undertaking the task (Belbin, 2012, 1). Proceeding to the next stage in the process, members were expected to present their ideas regarding any form of a business plan.

In fact, this stage required members to be engaged into a brainstorming session, whereby all the ideas from members were acknowledged. Moreover, they were expected to bend their feeling and attitudes in order to deal with the task that was to be undertaken by the team (Belbin, 2012, 1). On the other hand, members were offered a chance to gather reasonable information regarding any company’s employees, partners, associates, and customers. Nevertheless, during this stage I gained understanding of the performance stage, whereby team members are offered a chance to develop their capacity and interdependence, social skills, and personal relations (Belbin, 2012, 1).

Furthermore, this session facilitated development of ability to convey ideas and it also assisted the members of the team to acknowledge each member’s contribution. On the other hand, coming up with the business idea required extensive research in the internet in order to gather relevant information; in fact, this facilitated completion of this business plan. This stage gave me the skills to be able to finding journals articles, books, and websites that could provide the relevant information for the research (Martinez, Wells, Peterson, Hannigan, & Stevenson,

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