This week is the last week of writing learning journals and as such I would like to reflect a bit more on how we actually learn. I find that learning is actually linked with humility, and it’s quite interesting that one of this week’s reading picks up on the topic of humility once again towards the end of the reading. Christensen (2010) says that nearly all of our learning has been given to us by people that are greater than us, like teachers and parents. I find that I still have a problem with having to humble myself in order to learn more.
This problem happened again last week, in our last rollover, we were already doing pretty badly due to a quality crisis of our products. We needed a strategy to get rid of the bad quality products with minimal loss. Peter told us to email SmartSims and ask for advice, before that we had already thought of launching a new line of products and focusing on those while selling off the bad quality ones on the sidelines slowly at a cheaper price. However, when SmartSims replied they advised us to just chuck all our products and we’ll be able to recover them at average cost price; we showed Peter the reply and he agreed with their reply. For me personally, I thought our plan made more sense because we’re not only salvaging money from scraps, we also can make a small profit off them.
You see, this is where your ego starts working against you. You’re made to believe that your idea is better than someone else’s idea. The problem was we just couldn’t bear to chuck away all the products and recover at cost price, we wanted maximum profit from even those scraps. I guess greed also works against humility. Anyway, the story ends badly, not only were there still leftovers of those crap products but our costs also increased due to warehousing costs to store all those huge amounts of stock. As a result, this plunged our firm further into the depths of the abyss of insolvency. I guess greed comes with a price.
The action plan for this would be a continuous process and reminder to myself that it is quite good to be important. I have learnt that if you aren’t humble enough, you won’t be able to learn – let alone succeed. There’s a saying that goes, you cannot fill a cup when it’s already full. To be humble, is to empty the contents of the cup, therefore new things/knowledge can be filled into it. I hope other students would have found humility to be a good takeaway from this course.