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Self reflection - Coursework Example

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Self-Reflection 1. Which three theories / concepts did you find most useful over the term? Why might these be effective in business or management? Use practical examples to explain your views. The three most useful theories and concepts focus on (1) motivation; (2) leadership; and (3) virtual teams…
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Self reflection

Download file to see previous pages... Although motivational theories were indicated not to be the only factors influencing employee productivity and quality of work, one believes that it is a crucial factor to develop and promote behavioral patterns that are consistent with the attainment of goals. Concurrently, to motivate people towards excellent performance is the primary task of leaders. To do that, the leader needs to understand and recognize what motivates people. The emergence of virtual teams, in On Line, Real Time tutorial, came as a necessary spin-off from interactions that ensue from electronic networks. Concurrently, the concepts of leadership have adapted competencies catering to global virtual teams. One learned that the theoretical framework for virtual encompasses permeable boundaries and interfaces, project teams evolving rapidly in its inception to dissolution as needs in the group members change, and people with diverse qualifications and skills are tapped across the spheres of space, culture and time. For the purpose of the tutorial, identification of the three most effective leadership qualities confirm its ability to reach a consensus and learn on leadership qualities, as required. 2. In writing an effective business report from a case study what are the main decisions you have to make? An effective business report from a case study must be discerning and objective in the treatment of facts of the case. As cited from Seperich, Woolverton, Beierlein and Hahn (1996) entitled Cases in Agribusiness Management, the main elements that must be contained in an effective business report are as follows: executive summary, problem statement, alternative courses of action, conclusion and implementation or plan of action (Seperich, et.al, 1996, pars. 19 – 23). In this regard, the writer of the report must make the following main decisions: “identify problems, determine corporate goals, define relevant alternatives, and develop plans to implement decisions…to defend the logic of your analysis and conclusions” (Seperich, et.al, 1996, last par.). 2 (b). Research the various layouts and designs for an effective Business or Management report and itemize and discuss the various sections you feel would be needed in an effective report? The layouts and designs of business or management reports depend upon the purposes of the report. For financial reports, for example, an effective layout should be simple, concise but comprehensive enough to accurately inform the users of the financial condition of the organization being evaluated. In this regard, the following financial reports are required to be prepared: Income Statement, Balance Sheet, Cash Flow Statement, Auditor's Report, and Graphs and Charts, as required. Most of these have been learned from the course modules. Other organizational and management report are presented in terms of corporate profiles or annual reports which are basically a combination of narrative and quantitative in nature and contains the elements: time, details, percentages, deviations or growth rate changes, as needed. Performance or Year in Review Reports must contain: Significant Events, Analysis / Significant Trends, Profile of Products and Services, New Patents/Research, and Stock Analysis (Bear, 2011). For senior managements’ perusal, the management report must always contain an executive summary. According to Kotler (1980), an executive summary is designed to “permit higher management to grasp quickly the major thrust of each plan and then read ...Download file to see next pagesRead More
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