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Book/movie review
22/08/2022
Task:
1. Develop critical self-reflection in learning
2. Develop critical thinking in relation to the positive and dark side of strategic management concepts
3. Enhance ethical awareness of strategic management process
Context
Writing self-reflection reports is a common task in the workplace. This normally take places at the end of the year when managers are expected to reflect upon their performance during the past year and find out where they may want to improve next year. Management research also indicates that developing self-awareness has several advantages: personal growth, career development, and an enhanced ability to understand business strategies.
Despite these advantages, we often resist opportunities to increase our self-awareness of new ideas in the field of strategic management. We try to protect our self-esteem. We may think that we already know ourselves well enough. Or we may not want to take the time out of our busy schedules to engage in self-reflection. In short, developing a willingness and ability to engage in self-reflection, is a critical managerial skill that is not easily learned yet reaps many rewards.
In your case being CEO of a medium sized enterprise, the board of directors has asked you to write a reflective report to analysing and evaluating three strategies your company has attempted and/or discussed in the last few years. Equally importantly, as ethical and social expectations on businesses increase, the board of directors require you to evaluate the ethical issues surrounding the strategies as well.
Keeping a learning journal is a structured way to develop this skill. This journal is a confidential, written record of your personal development through the class. The learning journal helps you to reflect on how you have understood new knowledge in the field of strategic management and its impact of sustainability of your organisation as well as the society.
Process for completing the assignment
Step 1: Using lecture slides and textbook resources, resources from additional readings and journal articles published in the past five years, review the topics on business strategy, corporate strategy, international/global strategy and corporate governance.
Step 2: Choose any three of the topics that are of particular interest to you. Read the corresponding textbook chapters and related journal articles on these topics.
Step 3: 1) Explain why you think the topics are of particular important to you as a manager.
2) Reflect on the learning of the strategic management using your personal experience. You can ask yourself these questions:
a. How have these concepts have changed your business world view?
b. How have these concepts helped you to view your personal life strategy/experiences differently?Many strategic management concepts and tools are equally relevant to our personal life (recall our in-class personal strategy exercises)
c. With your newly gained knowledge in strategic management, how would have you done differently if today you are in a similar situation that happened to you in the past?
3) Explain which is your preferred strategy and provide justifications.
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