Write a report on the self-reflection assignment utilizing Gibbs' reflective cycle to reflect on the innovative value proposition.
Understanding how a particular project has been put together is made more accessible with this self-reflection assignment. It aids in comprehending the knowledge obtained and using it for potential future applications. Evaluating the strengths and weaknesses shown when the task started is also beneficial. This self-reflection assignment employs Gibbs' reflective cycle for the self-reflection process. Gilbert (2016) claims that the cycle aids in offering a framework for analyzing the experiences. It results in repeated encounters, which facilitates appropriate learning and the planning of the necessary actions.
Gibbs' reflective cycle, which is covered in the assignment's chapters on self-reflection, aids in helping students comprehend the information learned from carrying out the project. In my case, the evaluation of the value proposition I had developed for McDonald's was based on the cycle's application and the repeated learning I wanted to experience. To fully describe my experience, a self-reflection is conducted using all six of Gibb's reflective cycle stages. This can also help me understand the improvements I need to make so that I do not make the same mistakes again, as was mentioned in the self-reflection assignment.
The event I will discuss in this self-reflection assignment relates to my appraisal of the creative value proposition assignment I undertook to comprehend the innovation and sustainable business development that McDonald's does. There had been a connection between the company's business plan and its technological and financial viability. The self-reflection assignment analysis was completed on campus at my school, and I had to conduct a second study to comprehend the opportunities McDonald's offers. The coronavirus epidemic has made it impossible to gather any primary data, which is why secondary research is being done. I had to work alone to complete this special assessment. Since it was a personal exam, my teachers and peers had given me the bare minimum of help.
I was responsible for analyzing the technological, financial, and commercial viability of McDonald's for my self-reflection assignment. My instructors' lecture notes on the models to be employed and their implementation were one of the ways that other people helped me. The circumstance taught me a lot about McDonald's and how the corporation used various competitive tactics to recognize its commercial opportunities.
To increase my understanding of the many assessment techniques that may be used to analyze a firm's growth, I decided to take the exam. This will make it easier for me to use the tools at the firm where I may help. I hoped for fruitful outcomes from my research and a complete understanding of my abilities and duties, which will be helpful in the future.
I was comfortable and supported my capacity to perform a solid search during the crisis. I was having a bad day since I had to start with only secondary research and had no chance to do any original research. I felt confident before starting my analysis on the self-reflection assignment, so I carefully examined the tools and strategies used by McDonald's. However, I might have learned more about McDonald's and its influence on business once the research was complete.
I had yet to work on any collaborative projects. There were no comparable responses regarding other persons because the evaluation was a task I had embarked on alone. My peers praised my accomplishments, and my professors supported me while I carried out the assignment. The teachers' help was plentiful, which enabled me to keep moving forward with my possibilities in life.
As I was analysing the firm, I had been considering methods to raise the bar in my study. In order to compare the use of the tools with those of McDonald's and go on with my analysis of the issue, I considered integrating examples of other businesses.
After finishing the tasks outlined in the self-reflection assignment, I did an excellent job identifying McDonald's rivals to obtain insight into the company's supply chain and technical development. Instead of comparing McDonald's to its rivals, the assessment's primary focus was evaluating its actions.
The positive outcome of the encounter was that I recognized the strategies and instruments employed by McDonald have to launch its business strategy. The company has a lengthy history in the fast-food restaurant industry, and despite its controversy, it has been able to launch its operations. The negative side of the experience was that the threat posed by the coronavirus prevented me from making comparisons with other corporate organizations and prevented me from gathering primary data. My research had been the elements of the analysis that had gone well. In order to do the research, as I already mentioned, I had the professor's help. I had even successfully obtained the necessary help and information about McDonald's using the tools and its technical and financial viability. Overall, I was able to analyze the subject well.
The areas where I fell short were the need for more comparisons between McDonald's and rival restaurants. Despite mentioning the names of my rivals, I still needed to do a strategic study of the instruments these businesses employed. Therefore, the suggestion was to strengthen McDonald's internal skills without giving the company a standard to measure its future commercial possibilities.
I had to conduct an extensive study on the equipment and its use that was appropriate for McDonald's as my input to the evaluation. However, I could not assume greater responsibility for starting the research because I relied on the professors' help and the lecture notes.
The help and encouragement I received from my professors are what made the assessment successful. I was positively affected by the lecture notes and the encouragement given. As a result, I could start and finish my evaluation without considering any unfavorable parts of the subject.
However, as was previously said, there had been instances where the project needed to be completed properly. The availability of only secondary data justifies this, and primary research may have helped the study go in a different direction. Along with this, I had failed to evaluate the rivals' prospects since I needed to gather the necessary information from them to use and contrast with McDonald's.
This evaluation has made it clear to me that before starting my project; I must conduct extensive study on it. I need to be aware of the goal of my study and use all available methods to help the standard of the work. I have determined my areas of strength and weakness, with which I may go on with my initiatives in the future.
As a result of this assessment, it is now known that using business tools and procedures is essential for a company's growth. Despite being a profitable business in the restaurant sector, McDonald's consistently uses cutting-edge strategies to please customers. This unique continuous growth attitude is the information obtained about learning to improve oneself, as stated in the self-reflection assignment.
I learned much about how the company may be conducted from the analysis. It is clear that completing an external analysis and improving one's market position are complex tasks. Accepting responsibility for one's actions may be a means of acquiring accurate knowledge about a subject and can help perform more in-depth individual assessments about the subject at hand. The self-reflection assignment I was given helped me because it helped me realize the activities I needed to engage in to build a successful business. I was aware of how McDonald's applied its strategies and methods to pursue its corporate objectives and noble intentions. As a result, it may be said in the self-reflection assignment that examining the company's business prospects shows optimism over the issue.
However, I need to adjust my methods to keep starting with separate projects. I must assume more responsibility for my research and depend less on the professors' lectures. The lecture notes can be used alongside my research as supporting documentation. In order to understand how tools and approaches are used directly, I also need to ensure that primary research gathering is carried out. I could conduct an online interview with any McDonald's franchise manager in my area. I could have conducted a detailed examination of the secondary information by contrasting McDonald's with its rivals.
There are several things I would need to do differently if I had to repeat the action. One such feature is the requirement that I conduct accurate comparisons with my rivals to raise the calibre of my study. The quality of the research being done now does not allow for comparisons between organizations or for examining the methods and instruments. Additionally, I would conduct case studies or original research to learn more about the subject first-hand.
The necessary abilities I must acquire are my capacity for effective investigation. I could not properly investigate the tools and strategies employed by McDonald's rivals, which is why I could not complete the self-reflection assignment's comparison task. In the future, I would like to do an in-depth study to analyze this data. In order to avoid needing the help of my professor and my peers at the beginning of my study, I would also like to increase my understanding of the subject.
I may make sure I behave differently the next time by enrolling in a self-belief course where I must gain support. In order to start the investigation effectively, I also need to grasp the art of looking for specific secondary data. So that I may finish practical individual assignments in the future, these talents need to be developed.
A general conclusion about the self-reflection assignment may be drawn from the analysis of the reflection and the experience I have obtained, which may be considered a means to raise my stature in the future. The analysis I did for this self-reflection assignment has demonstrated that I learned enough things to help begin a career in business. To advance in the field, I need to have more experience in leading or shouldering responsibility. At the same time, the self-reflection assignment I completed helped me identify my strengths, which I may now utilize to overcome these weaknesses in the future. ?
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