The last week of school was filled with many challenges that
tested us as a group. As I reflect on what I learned, I am reminded of the fact
that entrepreneurship is a journey of continuous learning, failing and
improvement. Here are my top 3 lessons of the week:
1. Quantity vs. Quality:
Some times we get trapped into thinking that being busy=being productive but
that is not always true. This week has shown me that quality is so much more
important than quantity. As a group, we planned multiple “rehearsal
sessions” for our pcu orals. However, the quality and effectiveness of those
sessions in terms of actually preparing us for our presentation, leaves much to be desired. The
question is: aside from the group rehearsals, did each of use dedicate enough
time to prepare by ourselves to ensure that our individual performances would
be up to par?
2. After-action
reviews: As a group, I believe it is important to do a quick and objective/
non-judgmental after action review after every major project. Regardless of
whether the performance was good or bad, the review is helpful because it brings
the group together and serves as a learning tool for the future. I noticed that
after our orals, the general consensus in the group was to avoid talking about
our performance. I don’t think this was a good idea because we failed to take
advantage of an opportunity to boost the team’s morale and encourage one
another, despite our poor performance. As a group, I believe we need to learn
how to be positive and not shy away from addressing the hard issues.
3. The way forward:
Now that we are on vacation, we each have
a lot to think about in terms of the way forward for the business. The time is
soon approaching for members to decide whether or not they want to carry on
with Azura beyond the semester. There
are some members of the group who have already made up their minds while others
are still on the fence. Obviously this
is not a decision that should be taken lightly and it’s a good thing that we
all agreed to use the vacation to think about it in more detail. Despite our
differences, we all feel that azura as a business has amazing potential and it
would be interesting to see how far the product can go, if given a chance.
I’ll end here for now and pass the blogging baton to Dave.
Till next time….
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