Saturday, May 2, 2020

Growing In Suburbs Of Australia Management-Myassignmenthelp.Com

Question: Discuss About The Growing In Suburbs Of Australia Management? Answer: Introducation Growing in the suburbs of Australia, I have developed interests in specific aspects on issues that I had interaction with in the days surrounding. With my dad as a sportsman and my mother a tennis fan, I grew up loving tennis, a game that I played all through my early stages of school till now. However, going to the gym with my dad also made me love exercise as a normal daily activity in the gym. As I grow in my career of business management, I have loved how the business environment is struggling to cope up with technology to remain relevant in the different spheres in the competitive business market. As a result, I have come to love technology, an aspect that helps me keep up with all technological gadgets such as iPhones, laptops, and smart phones. In a self-reflection and a discussion with my family and friends, I came to realize that they both have a common point of argument. My dad saw me growing up with enthusiasm and helping me grow into the person I am today gives him confidence that I can be a great business entrepreneur, an idea that is supported by my mum and elder brother as well. On the other hand, friends find me always to have information on any technological advancement that has a direct and indirect effect on the business world. For instance, Mathews, one of my closest friends surprised me by telling me that any time he needs information concerning a new make of a laptop or a trending smartphone, he will ask me directly and believe whatever answer I would give him since he would confirm from other sources and find the same information. From their suggestions, they say that I can be a good entrepreneur if I combine my professional knowledge with the technological ideas and updates I do have. Through them, I came to prove that I am optimistic, focused on learning new ideas, and trying to evaluate how the ideas can be adopted in the business environment. However, I also found that I am prone to procrastinating ideological implementation, an aspect that I need to improve on as other competitors may use the same entrepreneurial ideas and take advantage of the market. Hence, I need to be quick in the implementation of ideas such as adopting technological systems such as cloud computing, cyber security, digital marketing, etc. in business. For a long time, I often asked myself what it takes to be a successful entrepreneur. In a systematic review, Hou and Lee (2016) denote that there is an often rare definition of the recommended characteristics an entrepreneur needs to possess. However, most of the recommended traits are often observed from other successful leaders and entrepreneurs like Bill Gates. As an entrepreneur, I have a passion that is driven by making money but finding solutions to different entrepreneurial challenges. I am fueled by an unshakable sense of purpose. I am also resilience towards achieving my set goals, an aspect that has seen me through one failure to another without losing my entrepreneurial enthusiasm. In their study, Shen and Chan (2017) denote that as an entrepreneur, there are cases when one will often fail but will not stay there; instead, he will focus on the goal despite the challenges encountered. I should be able to understand that an idea maybe brilliant but less effective, an aspect that will require a high level of flexibility in making the necessary adjustments that can make the idea feasible. I do have a very strong sense of self, an attribute that has enabled me to overcome numerous challenges and problems. Being resilient and passionate has enabled me to go so far due to my strong sense of self. For instance, being self-motivated and self-confident will help me to know a good idea and not think the idea can be good. However, I need to be flexible in adapting challenges and changes in the business environment to remain relevant in the competitive business spheres. Reflection of the Future According to Faught and Long (2017), the arrival of every year often provokes discussion concerning how the next 12 months are likely to unfold. Similarly, the pace of innovation is seen to accelerate at a faster rate than before. Therefore, there is a need for progressive entrepreneurs to look further ahead on how their businesses will adopt the changes in the innovation. Walz (2016) also points out that the period between 2014 and 2025 is poised in redefining virtually all the facets of the business environment as well as how we work or live. The same study denotes that these years will usher in various radical technologies, customer experiences, business models, as well as the new breed of entrepreneurship. In other words, it will lead to a digital native who act and think differently from every entrepreneurial generation before them. With the different aspects of digital innovation, improvement, and performance, Shen and Chan (2017) point out that the construction and manufacturing sectors will be the primary determinants that will primarily drive the global economies. For instance, in adopting new technological advancements in the above industries, new manufacturing hubs are emerging in both developed and developing countries (Hou Lee, 2016). As an entrepreneur, my focus will be adopting the technological innovations in the manufacturing industry to see an improvement in the construction growth. In adopting the technology, it will be much easy to ensure that business innovation in the manufacturing industry expands to offer employment and quality services for both the rural and urban population. My passion for entrepreneurship, management, and business innovation will hence be relevant to the development of the manufacturing industry in the future. In a systematic study, Faught and Long (2017) point out that with technological advancement, business is progressing from services to products and finally to experience. As a result, the next ten years is likely to be harder to make money in any transactional business, an aspect that requires entrepreneurs to find a way of breaking out of it according to Gottel (2016). However, the entrepreneurial mind suggests that future small and large scale businesses will be more of mutual benefit in finding the right way of innovation through every experimental manner possible. As a result, it is essential to learn from other successful entrepreneurs such as Bill Gates, Larry Ellison, Michael Bloomberg, and Mark Zuckerberg among others. They are a group of entrepreneurs who have proven that success is inevitable as long as one has a vision, passionate, flexible, resilience, and have a strong sense of self towards achieving whatever goal they desire to achieve just like them. It is my desire to have Bill Gates as my mentor, an aspect that will require me to foster him through the process since he has seen other successful entrepreneurs through the challenges of the business environment. References Faught, S., Long, J. (2017). Analyzing The Needs Of Rural Small Businesses And Developing Economic Sustainability Programs For Their Management Teams.International Journal Of The Academic Business World,11(1), 23-30. Gottel, V. (2016). Business Models: Origin, Development and Future Research Perspectives.Long Range Planning,49(1), 36-54. doi:10.1016/j.lrp.2015.04.001 Hou, W., Lee, E. (2016). Chinese style capitalism: current development and future implications.European Journal Of Finance,22(5/6), 255-258. doi:10.1080/1351847X.2016.1090051 Shen, B., Chan, H. (2017). Forecast Information Sharing for Managing Supply Chains in the Big Data Era: Recent Development and Future Research.Asia-Pacific Journal Of Operational Research,34(1), -1. doi:10.1142/S0217595917400012 Walz, K. A. (2016). Teaching-as-research internships: a model for the development of future chemistry faculty and the improvement of teaching in science, technology, engineering, and math.Community College Journal Of Research Practice,40(2), 133-145.

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