Did we trust in how simulated results would do that we forgot that reality can be much different? After looking at the results of the practice turnover, I think we did.
To test the various strategies that we came up with we often used the offline mode of Mike Bikes. This of course comes with advantages and disadvantages. Advantages being that you can test and fine tune what goes on in the business and with the launch of products. Disadvantages would be that it doesn’t account for what our competitors will do. This is what we forgot to take into account. What if the other teams have similar strategies? How do combat these strategies and come out on top? By not considering these questions, we may have dealt ourselves a blow.
As we go in to the competition phase of Mikes Bikes, it is important for us to make sure that we make the best use of the strategies that we have cultivated. To do this we must consider all the possible futures that can happen. How they can affect us and then make a effective plan to implement our strategies. By taking what is said in Edmondson (2003) about collective learning and applying an iterative process to implementing our strategies. But instead of waiting for results come out or the offline practice rollovers which enforce an optimal outcome, we have an ongoing action, reflection and adjustment process. Now with the competition phase we will not have the offline mode, so testing our products to see how they do will in the simulation will not be a option. This means it’s even more critical to make our own hypothetical situations to fine tune our product specs upon release and strategies that we have come out with. By doing this I think that we can be one of the top teams.
Edmondson, Amy C. "Managing the Risk of Learning: Psychological Safety in Work Teams. " Harvard Business School Working Paper, No. 02-062, March 2002.
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