Having missed the first week of semester I felt a sense of anxiousness when forming teams in class and using Mikebikes. At first using solomike was quite intimidating and it felt like I was going nowhere. However after reading through the advanced manual I became confident in making decisions. Now I feel confident moving forward into forming teams and competing against other teams.
The ideas of Oakley, Felder, Brent and Elhajj (2004) that teams diverse in abilities and skills make better decisions and higher performing. From my experiences in other classes working with students in other faculties such as engineering become complicated due to the way they have been taught to work. I have found that diverse teams have more information, but struggle to make decisions because of communication issues.
Schjoedt, Monsen, Pearson, Barnett & Chrisman (2013) discuss how different attributes such as skills, experience and goals can be collated by individuals to form effective teams. The idea discussed of teams having common goals to work effectively is something I strongly agree with. My experience from a strategy papers taught me the importance of every team within the unit having an understanding of how their contribution affect the overall strategic objectives. For this to happen there needs to be excellent communication of goals between individuals to align them through motivation. This will be very important to us as we form strategic objectives for our firms in Mikebikes.
These criteria for selection of team’s sounds great in theory, but as discussed in class it is most likely that only a few categories will be used in this process. Furthermore I am critical of how this is actually used in real life. A presentation from Fonterra on the importance of teams revealed that although they look at the theory of what makes great teams, but in reality they cannot put it into practice. What they actually do is try to get each individual aware of how their individual attributes and skills affect the rest of the team. Therefore feedback is crucial to mould individuals into effective teams.
Oakley, B., Felder, R. M., Brent, R., & Elhajj, I. (2004). Turning student groups into effective teams. Journal of student centered learning, 2(1), 9--34.
Schjoedt, L., Monsen, E., Pearson, A., Barnett, T., & Chrisman, J. J. (2013). New Venture and Family Business Teams: Understanding Team Formation, Composition, Behaviors, and Performance. Entrepreneurship: Theory & Practice, 37(1), 1-15. doi:10.1111/j.1540-6520.2012.00549.x