Write an executive reflection essay, based on the argument
“Lessons learned from the CapsimGlobal and Capsim Inbox business simulation and the implications for leaders in the business community.”
Reports will be attached.
You must argue why these are the lessons to be learned and must build your scholarly argument on the theories using the following structure:
1. Description
What decisions did you make in each round of each simulation and what were the outcomes? Summarise.
2. Feelings
Describe the reactions when succeeding or failing to reach your goals and expected outcomes.
3. Evaluation (approx. 300 words)
1. In Capsim Global, how successful was your company overall or specifically (provide some examples) at the end of the 8 competitive rounds?
2. In Capsim Inbox, how successfully did you make ethical decisions relative to the areas examined: recognising issues, investigating facts, identifying stakeholders, generating solutions, and evaluating consequences?
4. Analysis (approx. 800 words)
Capsim Global: When discussing Capsim Global, your analysis should be grouped by each of the four functional areas of your company:
1) Research and Development (R&D)
2) Marketing
3) Production
4) Finance
For each functional area you need to answer:
Which decisions contributed to company successes and why?
Which decisions contributed to company failures and why?
What was your greatest mistake and why?
What was your greatest success and why?
Capsim Inbox: Discuss the different ethical sections in order: recognising issues, investigating facts, identifying stakeholders, generating solutions, and evaluating consequences.
5. Conclusions
What was the biggest lesson learned while leading your companies in each simulation (one for each simulation)? What theories did you gain insight into that will aid your running of a business in the future?
6. Action Plan
What gaps in your knowledge and skills in business exist, arising from your experiences of running your company, and how will you now address these gaps?
Task Summary:
1. Support your scholarly opinions with Peer-reviewed journal references with DOI Reference number.
2. APA 7th edition referencing style.
3. The number of references 16.
Consider the following during constructive reflective writing:
· Professional approach to attention to detail that met all the task requirements.
· In-depth reflection on the guiding ideas using the principles, frameworks and/or theories.
· Information clearly relates to the guiding ideas. Arguments are clearly supported through examples.
· Clear introductions, segues, transitions, and conclusions. Paragraphs are coherently connected to each other.