Entrepreneurial Development in Information Technology - Free Samples

Question: Discuss about the Entrepreneurial Development in Information Technology. Answer: Introduction This report will focus on analysing the habits provided by Stephen Covey in his book called 7 Habits: Becoming Highly Effective and evaluate them for my personal and professional life. The reflective paper will include real-life examples from my life to determine the requirement of implementing seven habits provided by Covey. The report will evaluate the ability of seven habits to improve my entrepreneur skills and determine how they can benefit me in my business. As per Driggers (2012), personality and character are two distinct concepts; the primary difference is that personality defines as the traits and qualities that are present in a person since his/her birth. A character of an individual defines his/her morals and beliefs that describe how such person treat or behave with another individual or himself (Roback, 2013). Personality describes as outside features whereas a character defines a persons inner beliefs. Convey (1988) argued that character ethic provided the primary traits that are essential for success, he provided that personality ethic can be beneficial many times, but its impact is secondary. A strong character is a prior requirement for integrating personality ethic (Jost Jost, 2009). Paradigm defines the mental maps that are used by peoples to describe their world (Andrews, 2013). Covey defines paradigm shift as a change in approach or underlying assumptions of an individual that influenced his/her perception (John, Naumann Soto, 2008). I experienced paradigm when I decided to step out of my comfort zone and started living independently. This helps me realise the pleasures of traveling alone and doing my own work. I was always afraid of living and traveling alone and feel like people only do that because they did not have a choice, but after experiencing it by myself, I have grown respect for people who travel or live alone. The process is definitely not easy by it provide necessary experience and knowledge to a person that is worth the discomfort. Now I believe that everyone should live and travel alone once in life to gain experience and improve their character. Covey describes habits as a connection of desire, skill, and knowledge; it defines a routine of behaviour which is regularly repeated by an individual (Duhigg, 2012). The elements which are required to achieve and maintain a habit include being proactive, prioritising things, starting by thinking about the end, understand what is necessary to be understood, thinking win-win, sharpening the sword and synergizing (Covey, 1988). Between now and mid-November I would like to start being proactive by taking new initiatives and responding to newer challenges. P/PC Balance Covey (2013) defines effectiveness of a person based on seven habits which include prioritising things, starting with finishing in mind, being proactive, synergizing, finding what is necessary to be understood, shaping the saw and thinking win-win. These habits ensure effectiveness of a person in both personal and professional life. I believe that definition provided by Covey match my perception as well; I believe that effectiveness means being able to perform required tasks without hustling or being anxious because it requires effective time management and necessary skills. P/PC balance or production/production capability balance defines the balance required between the golden egg (production) and welfare of goose (production capability) which is difficult to determine (Vila, Thousand Nevin, 2008). The P/PC equation assists in determining the effectiveness of a production procedure. Many people believe that producing large quantity is key to effectiveness instead it is based on two factors product itself and the thing which produce it. For example, in my workplace, managers concentrate on enhancing the overall production (meeting targets) and neglect the production capacity (workers), which leads to higher stress in employees that reduced their productivity. Covey (1988) provided that rather than taking control over his/her life, a reactive person blames others for his/her behaviour or life decisions. They find an excuse and deeply influenced by the external factors. On the other hand, proactive peoples are aware of their external environment and made life choices according to them. They take fully control and responsibility for their behaviour and actions (Li, Liang Crant, 2010). They find a way to solve the problem rather than blaming other for their actions. For example, once I blamed my teacher for the poor marks I got in an exam. However, a proactive approach would be accepting my flaws for not properly preparing for the exam and taking actions to improve my result for next time. The circle of influences defines the things which we can control by our actions and the things we cannot control are included in the circle of concern (Rice, 2012). I have been a reactive individual in my entire life; however, now I understand the limitations of being a reactive person and the challenges faced by them. Now I would prefer to be a positive and proactive person in life. There are several steps taken by me in order to be proactive: Instead of blaming others, taking control of the situation Setting short and long-term goals to improving my knowledge and skills to improve them Creating my own opportunities rather than wait for them to appear Making calculated risks and conscious choices and taking full responsibility for their results Begin with the End in Mind Covey (2014) stated that in order to become effective in accomplishing set goals and targets a person is require understanding what is necessary to be achieved and work dedicatedly by devoting their energy and time to completing such objectives. Covey provides that keeping end goals in mind is significantly important otherwise external factors and circumstances create obstacles in achievement of such objectives (Philmore, 2008). While doing long terms projects, I tend to procrastinate a lot and my focus started to shift from my set goals, however, including Coveys principle can benefit me in life. For instance, it is difficult for me to maintain focus on long-term goals such as learning a new skill. After a while I get distracted by external factors but developing proper action plan can assist me in focusing on long-term goals, and it will assist me in accomplishing my targets. Connect With Being Entrepreneur At different times in my life, different things matter to me, for example, as a kid playing with friends were more important to, in school grades were most important, and as an grown-up peace in personal life. Currently, building and improving my academic knowledge is most important for me right now to ensure my future development. The habits provided by Covey will assist me in accomplishing my objectives. For example, being a proactive student will improve my time management, engagement in classes, and creative thinking. Starting my tasks with end result in mind will reduce my anxiety and procrastination. Prioritising essential tasks will help me achieve more in less time. Implementing win-win structure in life will improve my relationship with other peoples, along with understanding others perspective. Synergise will assist in generating new creative ideas for business and sharpening my saw will prepare me for harsh business environment. Therefore, all of these habits can assist me in being a successful and effective entrepreneur. Conclusion To conclude, every small afford made for progress matter in life. I accept my weaknesses and work on them to improve my life. My mission is to incorporate the habits provided by Stephen Covey in my life to improve the effectiveness of my business abilities. 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