During this week my teem has spent a lot of time working together and it is starting to feel like we are in a whirlpool. It is a if we are unable to improve ourselves through increased effort. As our share price falls our group meetings get longer in order to try and fix the problem for the next week but we still see ourselves falling further behind. This is extremely disheartening. Even when I look back on the decisions made, I do not think there was anything massive that we should have done differently. I think the market massively impacted on our strategy. We planned for big. This initially went well. But we struggled to shift the number of bikes we planned for because the market didn't grow enough for it. All of a sudden, we were set up for big, which was no longer happening and so everything we had built up in the past was harming instead of helping. I wish I could go back when we were doing better and just pull back on the expenditure but with the information we had then it was the right decision. It seems the conservative way could have worked better than us slaving away week after week trying to fix our company.
Anyway, back to the problem at hand (which I feel is directly correlated to my experiences above): long team meetings. As the weeks go by, my time spent on MikesBikes and talking with my team has increased. I can't really say it is because the simulation is getting more complex as it was always like this, it is just that I am, week by week, learning more and more on how complex it is. All the same decisions still need to be made, so why is it taking longer? And why is it such an issue to me? Firstly, because I feel like it is wasting everybody's time beyond necessary and, secondly, because I am not seeing the results that I had hoped for come from it, in fact the opposite has happened.
Do we have long meetings, and do I participate in long meetings, so that when things do go wrong it is not clear who to blame due to mutual accountability? I am at two minds with this. Firstly I could be participating in these long meetings because I don't want to be held singularly accountable if we do bad, but at the same time I question what is so wrong with wanting everybody to agree on a decision. When we agree, is the decision most likely to be better or worse than if I had made it on my own or do we inadvertently group think. I honestly don't know. One view could argue that because agreeing on decisions takes a long time, and that is what I am having an issue with, then, yes, there is something wrong with discussing it all and making sure we are all on the same page. What would happen if we didn't meet at all and made individual decisions on our sections and left it at that? To me that just does not seem like a possibility. All areas are related and so to some extent it is important to talk about what is going on and to base my decisions on others' decisions.
Each week, I develop more skilled ways of storing data in my excel sheet and use formulae to work out what certain monetary decisions should look like. Even though I am basing them off tried and tested MikesBikes formulae (as found in the Advanced Manual), it is not paying off. I feel I did better when I didn't know what I was doing, didn't understand relationships between different variables, and based a lot of decisions on guess work. Well, that just goes against everything we grow up ever understanding about learning. The harder the work, the better results. The more time spent on a task, the better you become at it. I am spending more time, but am seeing worse results and feel I am becoming worse! Perhaps this signifies a lack of understanding that I thought I had, because now things have gone wrong I can't seem to rectify it. Are long group meetings related to all of this? What can I possibly do to change and improve and in doing so perhaps decrease the time spent meeting up. I have experimented on SoloMike. I have talked to many different people and received much advice, I have read the manual numerous times, I have looked at results and looked at the market, I have created a coherent way of storing all the data I need to keep track of. Quite honestly, I do not know what I can do to change the situation I find us in. This coming week we are going to go and see Peter. I hope to gain some clarity from it. It could, however, give me a lot to think about, and the group, and as a result group meetings could go even longer. Or we could all suddenly understand what needs to be done and make it happen. Right now this thought process is not complete. I need to see what happens over this week in order to hopefully shed some more light on my teems problems, but is continuing what were doing going to give us a different result? "The definition of insanity is doing the same thing over and over and expecting different results" Vaas.