Business Synoptic (reflective statment) - Essay Example

The learning outcomes are assured in business synoptic module because we get a chance of solving the problems demonstrated in the case study solely depending on our own knowledge gathered through the entire process of learning. Case study is an eminent means of reflecting various theoretical concepts learned through any module in practical situations (Monash University, 2010). The chart below provides a pictorial representation that I followed while solving the case study assignment. Firstly, I developed the methodology and then precisely, I followed those steps for arriving at a result.

Most important stage of this methodology was to read the case comprehensively, again and again, so that every critical issue can be understood from the case. As a second stage, I really tried hard to identify the most crucial issues that I needed to handle for solving the case. Based on the issues identified, I formulated my strategy of researching various academic sources relevant in solving. Research process along with understanding of the critical issues in the case helped me to a great extent in forming views about the main problems in the case.

Based on the views formulated, reflective analysis has been made by me and concise solution has been presented. During the formulation of views about the case problem, the attendance that I made to the two workshops were of great help, the influence of which I could feel during writing solution to the case study’s questions. During solving the case, I came across a number of theories that I learned during my earlier classes. Here the integration of the knowledge became prominent for me when those were applied in the practical evidences provided in the case.

The theories that I used are not many but whichever I have used were relevant to the case situation. The theories are emerging market analysis, performance analysis, corporate level strategy, mainly global strategy and multi-domestic strategy and the theory of management structure. Case study analysis provides the best results when sufficient strategic analytical tools are appropriately used in finding the results (Mind Tools, 2011). Figure 1 Answer to Question No: 2 It is evident that case study analysis provides us a wide scope of excelling in our areas of work, be it professional or academic.

Through the module, I have developed various skills which I am sure will be beneficial in not only solving problems in my education career but also will help in gaining competitive position in the practical field (Lee & Et. Al., 2009). The following figure depicts the areas in which I have acquired skills through case study analysis. The most important skill that I gathered from the study is that of problem solving ability. The analysis demanded a lot of effort in solving the problems identified from thorough understanding of the case facts.

The facts might even be wrong as I am not a perfect analyst but whatever knowledge I have in the area of strategy formulation, I have applied in solving the problem (Raviv, 2003). The second most important skill that I acquired in the process is that of innovative thinking. Strategy demands innovation-I learnt this line during gathering education in this area and during the process of solution, I understood the real meaning of innovative thinking when I was bound to apply all my traits. This application process generated the