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My relationship with the Mikes Bikes simulation started out rather rocky and begrudging as I struggled to learn the system. In other classes we have used simulations which are far more basic and easy to use and I figured this would be the same. As a result I made my first mistake which was to learn by trial and error rather then watching the help videos and tutorials. I wasted a few hours without making much progress before finally using last weeks reflection lessons to realise there was no short cut and I needed to put in the time to learn the program. This helped a lot and my share holder value was around the $25 mark but I still continued to struggle with modifying a product to meet changing market conditions. I adapted to this by instead of making a entirely new product just modifying it to adapt.

I was also placed into my team for the week, I only managed to scrape $25 for my shareholder value so I was lucky to get put into a very productive team and with members which I can really not get long with but I think will work well together which fits Katzenbach and Smith (1992) when they define teams, specially as we agreed on having common grade and performance objectives and arranged meeting times around that. Unfortunately I am currently the lowest performing team member in terms of GPA so I am a little worried about how well I can contribute. In order to over come this I have found time to put in extra work and extra practise to not only know my role but how others effect mine so I can better align it to our group goal.

Katzenbach, J. R. & Smith, D. K. (1992). Why teams matterMcKinsey Quarterly, (3), 3--27.


  1. I agree with you in that the Mikes Bikes involved a lot of trail and error. I also wasted a lot of time as well because i was unfamiliar with all the terms and everything. I'm glad that you were put in a lucky team, and GPA doesn't really matter because as long as you put in effort they will know that you have tried your best. However in terms of your journal, I felt like you didn't actually get a chance to read it because there is no content about it besides one line. Perhaps next time it would be good if you could include some of the theory discussed in the journals, like how Katzenbach and Smith defined teams.

  2. Think everyone in class was on the same boat when it came to Mikes Bikes mate so I definitely understand your frustration but I guess like the Daudelin reading last week, some times the best learning comes through learning through experience. However, I feel that this weeks readings had alot of ammo that could've helped you deepen your reflection and would have also helped you with you current concerns of being the 'lowest performing team member' as the Turning Student Groups into Effective Teams reading, explains how even a student who may be deemed as a 'weaker' component in a team can use other team members who are stronger to tutor and act as a mentor through the process. With that being said, I wish you the best in your team project and I highly recommend that you look through the readings for some guidance and use them to strengthen your reflections. 

  3. I agree with the comments above- most of us who haven't used the simulation before probably experienced what you went through (I am still going through it, firstly because I am not familiar with finance (and a whole lot of other things) as such and it's still quite confusing for me as it definitely takes a lot of practice and getting used to before we can perfect it. I also appreciate the honesty of your journal entry and I can definitely relate to it. As they said, don't worry too much about your GPA. Just give it your best shot. One constructive criticism I can give you is to proofread ("learn by trial and error rather than"...) Otherwise, this is great reflection and I wish you all the best.