It is always around this time of the semester I am surprised at how quickly the University weeks start to fly by. This week my team began to prepare our strategy for Mikes Bikes in time to prepare for our first practice rollover. Under the Leadership of our CEO, we began to function very well as a team. This week I discovered leadership principles that applied to my own life experience.
I have often found from previous experience with my job that Leadership (quite often in bureaucratic organisations) senior managers at the highest level fail to take into consideration the lowest levels of employees. From understanding Collins (2005) five levels of hierarchy I believe the reason for ineffective management in my previous work place was due to management unable to transform a good company into a great company. The highest-level executive is often unable to be reached as people of power often lack the ability to become a level five executive (Collins, 2005). I believe these mangers have the option to increase their capacity, especially now as lower levels employees have greater demands and expectations of leadership.
This week my team has effectively been guided under the role of our CEO. The first week is always nerve wracking as time starts to reveal the true dynamics of your team. I think many of us in our group are level two, contributing team members, where we effectively contribute to group objectives and work effectively with others in the group (Collins, 2005). Although, this is where I partly would like to disagree with Collins (2005), to say we are on our way to becoming an effective team rather than an effective group. This week our team could have easily fallen apart or other bad outcomes could have occurred. For example we had a couple of people missing on important decision days where figures had to be finalised for the rollover. This could have hindered our performance but the remaining team members pulled together, took on advice the absent members have given us, and effectively managed to pull off one of the best shareholder values from our rollover.
Briefly, in this week’s rollover we were able to get a decent shareholder value and remain ‘steady’. We adjusted a couple of figures in Mikes Bikes in class before the rollover, but also left a few things unchanged as we were unsure what they would do. As the simulation rolled over we saw that these decisions had an effect on our bike company. We learnt what not to do for next week, but also what to do for our true competition in a couple of weeks.
This week hasn’t had any major issues. We are now starting to bond together as a team and our CEO is doing an awesome job at leading us to be a great team. She likes to pull on advice from all team members and make sure everyone is satisfied before any major decision is made; it is a collective team effort. I look forward to this next week developing our strategy further to take on the bike market!
Collins, J. C. (2005). Level 5 leadership: the triumph of humility and fierce resolve. Harvard Business Review, 83(7/8), 136--146