LEARNING INSIGHTS FOR TEAM 4

* Highlight your AHA moment.

My AHA moment occurred when the presenters highlighted that mission, vision, goals, and objectives are not synonymous.
Previously, I use the terms interchangeably, even in a business context. Now, I know that the mission statement differs from the vision
such that the former outlines the organization's business, its goals, and how it plans to achieve those goals; whereas, the latter
describes the detailed steps the company takes to achieve the mission. Moreover, a goal is a quantifiable end that is typically broad and
long-term, but an objective is more specific and includes measurable steps to reach an overall goal.

* Emphasize at least 5 points that were clearly discussed.

Vision – is longer than the mission and is what the company wants to be in the far future

Mission - values and processes adapted to achieve the vision

POLC framework – stands for planning, organizing, leading, and controlling framework, which is

Passion - fuels the success of a business as it builds momentum

Stakeholders - parties that affect and are affected by the business

* Outline at least 5 points that made you feel confused.

Innovation

Identification of stakeholders

Stakeholders' analysis
 Crafting the mission and vision

Eight Principles of Visionary Leadership

* Research those confusing points and discuss your own understanding.

Innovation

- The process of transforming an idea or invention into an item or service that adds value and/or for which people would
pay is referred to as innovation. Something new, such as an invention, or the activity of producing and introducing new
products are an example of innovation.

Importance of identification of stakeholders

- This procedure includes identifying and recording all project stakeholders, including their interests, effect, and any
negative impacts. Stakeholder identification provides for straightforward communication during periodic updates or
project status meetings. Understanding and successfully resolving stakeholders' expectations or concerns requires
understanding who they are and where they belong in the project's development and deployment phases.

Stakeholders' analysis

- The practice of gathering information from stakeholders is known as stakeholder analysis. It is the process of
identifying these people before the project begins, categorizing them based on their levels of participation, interest, and
positive or negative influence in the project, and choosing how to effectively include and communicate with each of
these stakeholder groups during the project. This data is utilized to determine how to address the interests of those
stakeholders in a project plan.

Importance of crafting the mission and vision

 - Building a company's vision and mission statement are two of the most crucial phases in creating a successful program.
When done correctly, they provide clarity and direction for a business entity. A muddled vision or mission can
contribute to ongoing disagreements and a corporation that struggles to establish objectives.

Eight Principles of Visionary Leadership

- These are the principles discussed in Shoji Shiba and David Walden's book "Breakthrough Management." They came to
the conclusion that a truly visionary leader must prepare himself to understand future societal requirements from a
commercial standpoint. As an outsider to the organization, the CEO should be equipped to get a new perspective and
anticipate future social needs. A new viewpoint demands the CEO to go beyond the current client and see the entire
planet as the future market.

* How do you assess the team's presentation?

The presentation was well done. All of them seemed to have a substantive understanding of their respective topic. They were
prepared and knowledgeable in different aspects of their presentation, even outside of their specialized field. Although, I thought that
some parts were better off not explained. There were topics that were unnecessarily prolonged despite its simplicty. But overall, I think
the presenters were well-spoken, keen, and efficient.