This is the final reading reflection! we made it!. As I come to write my last reading reflection (not including the Summative) I finally have come to realise the importance and the value of these weekly journals, especially looking back at them in chronological order makes me feel a bit of nostalgia as this paper has proven to be in a completely different spectrum than the other Management papers. In this journal I will firstly reflect on my role as being part of my team and then I will relate it to the reading of Christensen (2010).
When looking back at the past 10 weeks I have come to understand the importance of teamwork and strategy more than I ever had before, This in part is mostly due to the available weekly journals that we have been writing since the start of the semester. This week I had been ill for our final meeting before we submit our changes for the rollover, this meant that I was widely absent in this weeks decisions due to me being bedridden. This made me think about my role as part of the team during the previous weeks, especially for the fact that I feel like I might have been responsible for a few of the setbacks we have had during this simulation. The most concerning part is that if this is a reflection of how much effort I had put in for this simulation on a weekly basis, or whether If had put in a greater effort we would have been in a much better position. These questions popped up in my head very frequently when writing this reflection up.
"A company's strategy is determined by the types of initiatives that management invests in. If a company's resource allocation process is not managed masterfully, what emerges from it can be very different from what management intended. Because companies' decision-making systems are designed to steer investments to initiatives that offer the most tangible and immediate returns, companies short change investments in initiatives that are crucial to their long-term strategies." (Christensen, 2010)
Christensen argued that it is the investment that the company puts in to each initiative that really does construct their strategy. This brings me to the question of whether the strategy we had aimed for ,or rather believed we were pursuing did not really match the investment we had put in to each sector. In my discussion I see “investment” as not only being one of monetary formulation, but rather in our case as investment of time and knowledge, this is because when looking back I do believe that we might have taken a lot of important factors for granted and had not placed enough time on it. "Allocation choices can make your life turn out to be very different from what you intended. Sometimes that's good: Opportunities that you never planned for emerge. But if you mis-invest your resources, the outcome can be bad." (Christensen, 2010)
I believe that we could have done many things in a better fashion but one thing that I believe had a great impact on the successes we had experienced is the humility that team members showed especially when a member might be feeling down or at fault like me at the moment. This attribute I believe has served as our strongest point when it comes to how our simulation was run. Christensen (2010) notes the importance of humility and work ethic as being important to individual success.
Christensen, C. M. (2010). How will you measure your life? Harvard Business Review, 88(7/8), 46-51.