Thoughts on Class

Overall, I was really happy that I took this course and I think I got a lot out of it. To be honest, in the beginning I was part of the group that felt that this course was not the right course to start with, however, having minored in business administration in college I think it is a great course to start off with. Even though there are a lot of terms thrown at you all at once, I think it is manageable. But, there were some downsides to the course but as a group we already voted and agreed to make these changes for the future. One of which was the learning material used in this class (our textbook) did not have much substance. It was a great book to reference for understanding terminologies but having had to write a paper referencing this book to me not too attractive. I was glad to have had the opportunity to combine my two papers into one creative paper because I would have found it very difficult to write. As far the members of this course, I think that most of the people were good contributors and I know I had benefited from some of the comments made by my peers. Looking forward to our next course, Marketing!

Entrepreneurship in the Workplace

 Corporations face challenges when encouraging entrepreneurship within their organizations. In my opinion, I think that it is a good idea to encourage entrepreneurship within corporations because it does give employees the opportunity to think creatively, encourages them to want to be more ambitious, and in turn I think it would yield better business results within the corporation. However, I think there are some rules and boundaries that should be put into place. For example, I know that just by working on my business plan for this class it had taken a lot of my time, including some time during normal business hours within my corporation. If I was the corporation, I’d be at risk of losing productivity towards my company’s projects since time is being spent on other outside projects instead. By setting rules to enforce company policy I think this can be addressed. Overall, I think that by providing workers with specific time allotted on a weekly basis (just like what UTC does for their employees scholar program) is a good avenue to promote entrepreneurship but better manage the time spent doing it.