The Business World in the Foreseeable Future

The Business World in the Foreseeable Future
For anyone hoping to delve into the business world in the foreseeable future, group work is utterly important. Working in a group of more than one person helps individuals to substantially develop several crucial abilities, such as cognitive and leadership. By developing cognitive abilities, group members are empowered to express their sentiments to others and themselves. On the other hand, leadership skills equip one with the ability to make sound decisions. In addition, group work enhances collaboration toward the achievement of common goals (Wilson et al., 2018). Similarly, it helps in developing communication and teamwork skills. However, group work comes with its fair share of problems.
Challenges
Our group was made up of six young and energetic members. Our company aims to build a smart health and elderly comprehensive service cloud. Our foremost goal is to develop smart terminal detection monitoring devices. In our group work, we had to contend with such challenges as time management and personal conflicts (Isaac & Tormey, 2014). In addition, we had to overcome communication obstacles. However, we decided to take these challenges as a learning experience, and we did not let them derail us from achieving our shared objectives.
One of the most significant challenges that we faced as a group was the constraint of time management. According to Perez-Gonzlez (2021), time management refers to making decisions in a way that helps in protecting and adapting time to changing conditions. In this regard, I must note that we had to juggle our group work with other equally important tasks. I must also add that we had to carry out extensive research, which was labour-intensive and time-consuming. As such, we found ourselves pressed for time almost all the time. Some members found it extremely difficult to manage their time and were sometimes late for group meetings or finishing tasks delegated to them. Lack of time management, at the outset, compounded the already complex situation, considerably affecting our performance (Pérez-González, 2021). We found ourselves mostly lagging behind our schedules. Therefore, achieving our projected goals was always almost out of reach. The prospects of our venture looked very bright, and the notion of failure was frightening and mentally exhausting. At times it even affected our interrelationships because we felt that some of us needed to do more if we hoped to succeed.
Further, our group had to contend with the challenge of communication and collecting data. As the group members, we favoured different communication preferences (Zajac et al., 2021). This was a result of conflicting personalities, and it affected the way we exchanged information. In addition, the kind of venture we intended to undertake required us to have loads of information at our fingertips. For instance, we had to know the types of smart health services that would be in huge demand in the foreseeable future. We also had to understand which smart gadgets to involve in our prospects. We had to retrieve much of this information online, which sometimes posed an almost insurmountable challenge. This is because most of the people from whom we needed information were ...