The Mikes Bikes simulation has been a rewarding experience so far as my team has been doing incredibly well up until this point. We have been far above the competition in terms of share price in our segment however this week we saw a slow-down in terms of our progress. This not only had me and my teammates frustrated but also made me question what the most important thing in this course is? Should we choose to ruthlessly try to win at all costs? Or should we pay more attention to the way we as a group operate and learn?
Our group dynamics so far have been great as everyone looks to evenly contribute and share/ add what they know. It is only this week that I have realized that this healthy working environment has allowed me to learn quite a lot about how I am/ would be as a manager after university. I have also realized that it is the experiences gained within our team not our final results in the simulation that will go towards and aid my development as a manager (Davies, J., & Easterby-Smith, M., 1984). The experience of being part of a team where you need to co-ordinate and plan decisions to achieve a desired goal is something that cannot be replicated in a mere test or essay (which seems to be the norm at university these days). This is not a criticism but more of a question of if theorists tell us that development comes from real world experiences, why do we not have more courses of this structure at university to aid our learning and development? The simulation has given me a good start to build and understand conceptual skills in order to see a business from a holistic point of view (Katz, R. L., 1955). This is something that I have not had the time to learn or experience in other courses. I think this these types of learning and experiences will be some of the most beneficial to me in my time at uni and so I think it would be great if we had more courses like this.
Learning through experiences are the most effective way for managers to constantly develop and learn (Davies, J., & Easterby-Smith, M., 1984). This why I now realize that although it would be great to win the simulation, I should also make the most of the simulation as a learning experience to help me after uni finishes. This will ensure that I get the most out of the course and allow myself to develop into a better manager for future jobs and work.
Davies, J., & Easterby-Smith, M. (1984). Learning and developing from managerial work experiences. Journal of Management Studies, 21(2), 169--182. doi:10.1111/j.1467-6486.1984.tb00230.x
Katz, R. L. (1955). Skills of an effective administrator. Harvard Business Review, 33(1), 33--42.