Capstone Reflection

1238 Words5 Pages
Greetings MBA Students! Several of you have requested more information on the "reflection paper" so I am providing more explicit instructions below: 1. The paper should be 3-5 pages long, double-spaced, 1-inch margins all around, 11-pt Times New Roman font. (I won’t be a stickler on these details). 2.There is no single "right" content expected for the reflection paper; that is, different people can be expected to reflect uniquely on the simulation experience. Just think about your simulation experience for a while and then write about what stands out to you. 3. You should keep in mind that this is a capstone/strategy class; accordingly, your "reflections" may address strategic (rare, consequential, directive) issues, as…show more content…
As a result, we decided that we needed to pick a business strategy and stick with it to develop in key markets and create success with all having the same goal in mind. Once we keyed in on that and made our decisions based on our own calculation and predictions, we started to see greater results. Most businesses do not get a practice round to see if they will make it in the business world as we did before we actually began and get a clean slate to try again. In reality, if we would have had a failed business venture, it would have resulted in a huge loss and we would have learned from our mistakes and had to invest more money on another attempt. Luckily, that was not the case, and we were able to make more analyzed decisions and complete the simulation quite successfully. The overwhelming part of the simulation was the time it took in making the decisions, when you have three CEO’s who think very differently. Once we realized the decisions actually do need to be thought out and discussed, which took typically three to four hours of our own time outside class, we started to see results. In the beginning, we really underestimated the amount of time was needed to make educated decisions. Also, I felt just as we got the hang of the project and adjusted our strategy, more decisions were added, which took
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