You are required to write up a personal learning summary of 1,500 to 2,000 words that covers your learning, both in class, in group work and your own private study, for the relevant period. This report is due not later than Monday, 2 April 2012.
Learning summaries should devote equal space to the following two sections:
(i) The three most important areas of learning (in terms of learning outcomes detailed in the course outline) which you, personally, have gained through your work on the course. You should write this up as soon as possible, perhaps making some notes at the end of each day. Be sure to include learning from your interview with the entrepreneur, and learning from listening ...view middle of the document...
At the end I must agree to the fact that NVC exercise was much matured approach than the previous ones. Since we have been through all the aspects of management theories from finance, marketing, operations, HRM etc. by now, we could apply them very well. We could develop a business model which is realistic and achievable.
After having discussions with entrepreneurs, couple important things which I noticed are their ability to take risk and grasping the correct opportunity at the right. In my opinion, we all professional are hardworking same any other entrepreneur, but we always scare to a take risk. Especially in Asian environment where failure in business is considered as only individual failure, in Asia we are always reluctant to take risk.
Learning outcomes from course:
1. How to access potential market opportunities and assess new business idea:
In our exercise, we selected one business idea out of the different ideas which every team member came up with. We could do this effectively by identifying business opportunities for each idea. We considered the opportunities as...