This week I have a little bit of a mixed feeling, whether I should be happy or a little upset. After what seemed like a hopeless and never-ending pitfall, we managed to finally pick ourselves up and get back on our feet through a little aid of a cash injection. We were much more careful in our decisions and budgeted our spending with much more caution.
I think this is what Davies & Easterbay-Smith (1984) were trying to portray – looking at the improved development as a stage that an individual has reached in his or her ability to learn. I think at this point, we are pretty much experts at looking at the reports, but we are still unable to understand why our ‘amazing sales’ (quoted from the helpline for Smartsims) were not turning into profits – I guess it is because we don’t have cash to do anything. This just goes to show that we still need to keep developing ourselves and our skills and our relationship among group members (Katz, 1995) I feel as though we haven’t really made a great connection as a group – this may only be my thought, but we are not as interactive or engaged as the previous groups I have worked with.
Maybe my expectations were too high, I’m not sure. Anyways after we finally managed to get the shareholder value up again (not by much, but a significant amount for us) from 0.09 dollars to 2 dollars to find that our business has been taken over! I guess this could be a good thing in a way, so that we can collaborate together and gain more guidance from a firm that is performing much better than we are – and if we do bad, it’s bad for them too so they have to help us do better than we are currently doing. I hope that this is the end for our dark days and we can finally spread our wings to achieve what we aimed to achieve - success
Davies, J., & Easterby-Smith, M. (1984). Learning and developing from managerial work experiences. Journal of Management Studies, 21(2), 169--182. doi:10.1111/j.1467-6486.1984.tb00230.x
Katz, R. L. (1955). Skills of an effective administrator. Harvard Business Review, 33(1), 33--42.