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After finishing the practice rollovers us as a team was very pleased with our outcome and look to replicate such success with a few changes to further push us forward against our competitors. Moving into this week we were looking to as Daudelin (1998) states analyse the problem of making more use of everyone's roles to ensure there are calculated decisions compared to simply throwing numbers around until agreed upon, entailing we come to a conclusion with reasoning and how to fix it.

As according to Hammond & Keeney & Raiffa (1998) making decisions is the most important job for any executive. Alongside that involves a lot of risk as bad decisions can damage our company heavily within a single rollover. In our case the decisions that were made ended up working out however in other cases it could end up resulted in a bad outcome. Because the alternative weren't clearly defined or the information collected might not of been everything needed to justify certain decisions along with costs and benefits. 

Overall this week we definitely improved on that task of making more calculated decisions together which really helped us feel a lot better surrounding our decisions for the first official rollover. Which helps us all further learn about all aspects of the MikesBikes software and not just our specific roles which aids in discussion of different possibilities of outcomes through certain decisions and I look forward to progressing further as a team.

Reference

Daudelin, M. W. (1996). Learning from experience through reflection. Organizational Dynamics, 24(3), 36–48

Hamond, J. S., Keeney, R. L., & Raiffa. H. (1998). Hidden traps in decision making. Harvard Business Review, 76(5)

2 Comments

  1. Hi James,

    Your journal was easy to read and was well written.

    I think it would benefit you if you follow Daudelin's structure even closer as it makes it easier for the reader to follow your thought processes around your problem.

    I feel as though you have skipped some steps like articulating the problem, thinking why the problem arose in the first place and how it could link to other experiences you have had in the past. These ideas would help both you as the author and us as the reader to understand you have been mindful about what happened during the week and moving forward how this will help your team do well.

    Other than that, good effort and good luck for next week,

    Tessa

  2. Hey James,

    Good on you for making more use of everyones roles, but i feel as though you haven't really started the learning journal with a problem. I do think it would be improved if you followed Daudelins 4 steps to reflection slightly closer next time, mainly defining the problem and saying how you'll adress it. Next time it would be great to see something about what you've learned, but overall, a well written piece which is easy to read. 

    Well done