Business success

Unit 1

GB500 | Business Perspectives

Unit 1 Assignment

Paper: Business Success in The New Normal

Business success in the increasingly complex global economy, demands a high degree of productivity and

effectiveness from all employees, both on an individual level as well as performance in teams. Ollila (2013)

tells us “For the future challenges the world faces are complicated and global in scope. They cross borders.

They potentially affect all of us. They will require far more collaboration between government, business and

civil society — not less” (para 1).

In your Reading for this week you have learned about teams and challenges to business success. For this 3–4

page (not including cover and reference pages) APA compliant paper, respond to the following:

1. The most significant challenge(s) you see in this rapidly changing global economy to business success

for startup companies seeking to expand globally. Your thoughts and hypothesis on these

challenges should be supported by at least two scholarly sources in addition to the readings and

videos for this week to achieve a high degree of credibility.

2. Describe the skills that will be needed by leaders, individuals, and teams to overcome these

challenges. Support your thoughts with research from at least 2 scholarly sources in addition to the

Reading and videos for this week to achieve a high degree of credibility.

3. Provide a work or personal example of a time when you took a leadership role, what skills did you use

in this leadership role and what the results were. If you looked back, was there anything you would

have done differently to be more effective?

4. Conclude by providing specific examples of how you can use this information to achieve successful

performance in the Marketplace simulation.

For assistance on APA format visit the Writing Center (click to learn about APA from the Writing Center).

Submit your paper to the Unit 1 Assignment Dropbox.

References

Ollila, J. (2013). Facing up to our global challenges in a volatile world. Vital Speeches of the Day, 79(1), 15-18.

Rhodes, D. (2010). The “new normal” requires a new mindset. Ivey Business Journal, 74(4), 26.

Grading Rubric

The rubric seen below is representative of the information seen in Individual Focus Paper Rubric area of the

Syllabus. Please refer to the Syllabus for additional information.

Unit 1 GB500 | Business Perspectives

Criteria Maximum Points

1. The most significant challenge(s) you see in this rapidly changing global economy to

business success for startup companies seeking to expand globally. Your thoughts and

hypothesis on these challenges should be supported by at least two scholarly sources

in addition to the Reading for this week to achieve a high degree of credibility.

25

2. Describe the skills that will be needed by leaders, individuals, and teams to

overcome these challenges. Support your thoughts with research from at least 2

scholarly sources in addition to the Reading for this week to achieve a high degree of

credibility.