After some unfavourable results in last weeks rollover. It was crunch time for my group to do the best we could with almost no cash. This meant that we needed to put a lot of time and energy into ensuring a good balance of investment between each field in the company. After some careful analysis, we were very aware of what we had done wrong, both as individuals taking charge of our own departments, and as a group. This gave us a vision of how we could attempt damage control for this week to come. The biggest realisation we faced is that we didn't really set a clear strategy from the beginning of the simulation. We took all the advice we could find, and as a result we were sitting in the middle. Last week in particular, we invested too much into our middle of the road strategy and it didn't pay off which caused us to realise our error of judgement when creating the strategy.
I feel like at the beginning of the mikes bikes experience, I felt like I was thrown up a creek without a paddle, received no training of substance except for the generic manual. The real learning for not only me, but also for my team came from our unique experiences in our own group. Davies & Easterbury Smith (1984) reinforces this with the idea that learning happens in the form of experience and interactions with the environment. I think that to a degree, I can relate to this because of not having formal training with the foreign software at the beginning of the semester. However I think the only limitation to this theory in relation to our experiences is the fact that mikes bikes is a simulation, we experience a year's worth of organisational decision making and experiences in the space of a week. Im sure we would have faced a more rich learning experience based on everyday issues, challenges and experiences had we been in a real organisational context working as a real bike company. However, looking back, the experiences I have had in this simulation have helped me to confirm the theory that learning can really happen from experience.
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