Business Perspectives Survey on Mobile Data Offloading

Question: Discuss about the Business Perspectives Survey on Mobile Data Offloading. Answer: Introduction: My initial views about business were very nave. I used to think that an idea can change the world, and it is only an idea that we need to create innovation. However, here I have seen that the business is differentiated into different dimensions, different platforms. My previous idea was to know a concept completely before applying the same to the market. I also had the basic idea that I need to buy something from the market, and need to sell the manufactured product at a higher price. Management has always been fascinating for me because I have always dreamt of becoming an entrepreneur. Other than this, I wanted to achieve a professional skill that enables me to get a particular job that would earn social respect and some good amount of money. The GB500 course has helped me to earn the business acumen that I coveted to earn for a long time. In this particular course, I have learnt several parameters of self-grooming, understanding different features of trade and also how to use the p erfect leadership techniques for enhancing the business skills. The overall project has helped me achieve a lot of dimensions that was a dream to me once. The GB500 workshop taught me the process of continuous improvement, which I still follow for developing my exceptional quality in regards to the development of business skills. The more I learnt about the market, and how an analysis can be made in order to procure business results. The marketing analysis is also discussed in this section as well as the critical parameters that I need to develop in order to be a successful business manager in the corporate(Bosetti Walker, 2010). I personally want to start my career as a manager, and later, I want to utilise the skills acquired in opening a business of my own. I feel that as long as I cannot satisfy another company as a manager, I would not be able to become a successful entrepreneur. I want to strive hard for developing the critical skills needed for the entire business. Critical Reflection and Changes: There are several facets that I have learnt throughout the course, which helped me in understanding the business perspectives in more detail. The matters of learning on Week 1 comprises of the techniques that I need to follow during the business perspectives. It also says the method by which a reflective report needs to be written. Week 2 completely focuses on the continuous improvement process of the individual. The professor calls it learning diaries and explains to us how the diary should be maintained for enriching a proper improvement in all the dimensions(Cacciatore, 2015). It tells us how we miss the important aspects of learning if we fail to maintain the records at a proper time. Week 3 was a very important time of learning for me because it focused on the human resource management, and taught the skills on a practical basis through a case study. The case study mainly focuses Kurrajong Apple Juice that tastes completely like the fruit. Its not only a business but also it endorses the organic farming and its motto in life(Bosetti Walker, 2010). The case study focuses on how a business strategy is developed, how different types of developments take place, how the promotion is made, the different challenges as well as the business life cycle or the future of the business. Week 4 focuses on the challenges a business might face regarding the macro analysis and the different governmental regulations that often creates a problem for the business(Tan, 2016). I earnestly considered the case study from the Harvard Business Review as to how the business should be developed in relation to the tax related problems. If the taxes imposed on a particular business by the government becomes outrageous, then the trade might face hassles in maintaining the competitive pricing of the market(Tudor Robinson, 2011). The legal hassles and the way to handle the hassles are very well dealt with in this regard. I completely learnt the legal implications for business from this particular week. Week 5 focuses on the internal research into the development criteria of the business. The business development completely focuses on Porters five forces and other such models that would be essential for a complete business. The case study analyses a situation where it is necessary to collect information regarding the non-availability of donations as the business only survives through charity(Franklin Carlson, 2010). The analysis of a charitable organisation helped me to understand a product marketing from the zero level. Week 6 explains to me about the value chain and its purpose as essential criteria of a trade. It even explains why Porters value chain has become useless these days. Week 7 focuses on the organisational design, which has been quite helpful to me in my endeavour. I was looking for a perfect plan to design a proper business. It explains to me properly as to why the organisational design is exclusively important for business. In the case study, the GCM is a car manufacturer, which has gotten immense success but it could not become an international business only due to the lack of integration(Breitsohl Khammash, 2010). The failure of a proper teamwork is given here, which is very well explained, and the study helped me in understanding the importance of teamwork, and how it is achievable through organisational design. Week 8 deals primarily with innovation as a big aspect of business. I have always thought about making a business innovative for achieving the greatest deal of attraction. It helped me understand that only creativity of the employees is not enough for generating innovation, and there are management theories related to the same. Through the case study of Coolburst, I was able to figure out the importance of Ansoff matrix as a cool tool for generating market innovation. Week 9 was my favourite section because it explains all the facets of a good entrepreneurship. It matches with my ambition, and so, I tried to grasp this section in detail. In Week 9, the case study about good money and bad money completely explains how a business can sound attractive in the beginning but fails due to lack of proper endeavour and design. Week 10 taught me about the importance of competitive advantage and how to create the same. The Ventura Boat case study helped me to figure out the SWOT analysis, and how it can be made. Week 11 describes the meaning of planning in business. It explained to me how an entire business could be planned beforehand so that a good amount of profit can be made later. Week 12 or the last week taught me on the importance of motivation in the business scenario, and how the employees can be motivated. Critical Reflection on Application to Future Roles and Workplace: According to me, the design of a business is quite important to procure a good amount of profit. As I am planning to become an entrepreneur in the later life, I have a certain amount of liking towards some important sections of the entire course. The basic liking goes for the discussions with the professor mainly in Week 9 where the pros and cons of entrepreneurship are discussed. I personally felt it all the time that a good idea can create a huge amount of market boom. I was inspired by entrepreneurs such as Steve Jobs, Warren Buffet, etc. However, after learning this section, I found that good planning is more important than just an innovative idea. I feel that a good planning requires a micro and macro analysis of the business before it is started. The micro analysis consists of the SWOT analysis of the business, which I have learnt during Week 10. This would certainly help me understand the loopholes and take care of my weaknesses and threats. The strengths should be promoted in such a way that it creates a competitive advantage in the market(Kundu, 2014). This is dependent somewhat on the product value, which I have exclusively learnt from the Week 10. The business innovation is mainly created by enhancing the strengths, which I have learnt particularly in Week 8 of the course. Creation of value for my business is also important, which I have learnt in Week 5 and Week 6. The Porters five forces should be utilised to create a complete value for the entire business. The analysis of organisational design comes with the help of Ansoff matrix learnt during the Week 8 of the course. The problems related to the business taxes and other governmental regulations can be fixed from the information taken from the Week 4 of the course. Week 3 of the course helped me in understanding the challenges of promotional activities that I am likely to face while opening a new business. Week 2 focuses on the continuous improvement process, which can be considered as a future tool for the growth of my business. I have always thought that an innovative idea is the main catch. Here, I have learnt that development cannot just happen by a spark, but it is a continuous process. The continuous improvement is generally made by a planning process not only in terms of individual employees but also in terms of the company(Aijaz Aghvami, 2013). Moreover, I have also found that motivating the employees is also quite important for enhancing organisational profit. This can be certainly procured from the portions I have learnt on Week 12. When I would try to open my personal business, I would always focus on the things that I have learnt on Week 10 of the course precisely called the business strategy. According to the professor, a business would always fail if it lacks a proper strategy. The strategy of business would include the strategy of work, promotion, development as well as the creation of products. The product value is an important part of the business(Bosetti Walker, 2010). Now, a strategy needs innovation. The innovation of strategy should always follow the VRIN category, which indicates that a particular strategy must be valuable, rare, inimitable and non-sustainable. I have also learnt the 3M of business planning as a good strategy for the business, which can be described as a critical tool for the future. The 3M of business planning focuses on the aggressive marketing as well as the supply of a good product. The product quality must be exceptional, and it should be given at competitive pricing(Carney Gedajlovic, 2011). Moreover, an aggressive marketing would help the product prosper over time. The workplace is an important dimension for the future because most of the jobs are getting transferred to the online domain nowadays(Breitsohl Khammash, 2010). Other than the direct manufacturing and front customer service, the rest of the jobs can be done online from home(Stories, 2014). The greatest strategy for workplace management for the future is learnt in the last week or Week 12 of the course. The future workplace is completely in lieu with the motivation techniques that are specifically used in the business called the intrinsic and the extrinsic motivation(Meskendahl, 2010). Conclusion My entire learning from the course was great, and it had given me a satisfactory ability to work as a manager in any corporate. The skills of mine would certainly develop over time and experience. I would prefer to join as a manager mainly in the sales department in some company to increase my selling aptitude as well as for understanding the application of the theories that I have learnt during the entire course. Once I became a successful manager and developed a great amount of experience in real life, I would prefer an entrepreneurship. Moreover, the positive feedback from the workplace is also necessary for enriching my confidence in my future business(Aijaz Aghvami, 2013). My ability would also be nurtured by continuous improvement. As I have learnt from the course, that a perfect personality cannot be achieved overnight, but it requires the process of continuous improvement. It is not possible unless it is positively monitored by some good peers. Now, it is not possible during the academic life unless I join a job for my personal betterment. The personal betterment of mine is completely at par with the feedback I would get as a manager while doing a proper job. 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