Part A
The problem to my business strategy is poor planning. To a greater extent the challenge of poor planning has affected the growth of my innovative and strategic skills. To that effect, I have resolved to take the following initiative in order to achieve the desired development in the above named areas. To begin I have resolved to carry out a lot of research on the current established businesses as well as the strategies they employ to realize the observable success. This will not only help to expound my knowledge on the strategies those companies deploy but will also trigger the underlying spirit of innovation.
Three methods of research will be of great help in assisting me to achieve my interests. First, filling of questionnaires will help me to acquire information from many respondents. Second, interview will be very helpful in the sense that I will have a one on one interaction with the respondents. Lastly, Observation will be key to help me acknowledge what has existed theoretically in mind now being made practical.
Part B
Visions are paramount in life especially if the person has a deep desire to succeed. They give an individual the direction and a purpose in life. That strong desire to succeed has given me a portfolio of visions for my life. First, I would like to pursue my studies in Business Administration up to the Doctorate level. Without that I will lead an indebted life. Second, I have a strong desire to start up an audit firm that will not only operate locally but also internationally. To that effect, I have started building strong bonds with some of the student auditors as a strategy towards my vision. Lastly, life makes no sense when one does not put the most important things of love and family first. In this respect, I have the vision to have a great family in future, where I will teach my children on the core issue of being visionary in life.
References
Asad, Harun. How to Build Your Innovation Skills. 16th May 2013. <http://www.innovationmanagement.se/2012/01/30/how-to-build-your-innovation-skills/>.
Atwater, J. B., Kannan, V. R., & Stephens, A. A. "Cultivating systemic thinking in the next generation of business leaders. Academy of Management Learning & Education." Journal of Business and educational leadership (2008): 9-25.
Senge, P. M. The necessary revolution: Working together to create a sustainable world. . New York: Broadway Brooks, 2010.
