Week two is my first full week in MGMT 300 and so far it has been a good experience. The course definitely hits the ground running as I managed to get my C.V. in on time with an acceptable share price for the Mikes Bikes simulation.
Initially confident about the simulation, I soon found that it was not a simple case of playing with numbers but that a large amount of effort and understanding would have to be applied in order to complete the task ahead. Four long hours later I achieved my desired share price but this lead me to ponder on this week’s topic of ‘Teams’…how much more effective may I have been in completing the same task if I had done it with my newly found team as of this morning’s lecture? Would it have cut the time in half and doubled my share price? Or would it of been a pool of opinions and ideas with no real action being made? Research shows that working in groups can make a significant improvement on ones performance in the area of grades (Oakley, Felder, Brent & Elhaji, 2004). In meeting my awesome team today I am inclined to agree and am very confident that this would be the case. One of the exciting things was that we were quick to get together and start make small goals for ourselves as a team to achieve for the upcoming week. This was especially encouraging as reading Katzenbach and Smith (1992) explains that meaningful goal making is an essential step in effective teams finding a common purpose.
Instinctively, working alone comes quite naturally as I tend to try focus down and block all types of distractions. However in the real working world, teams are the most effective way to get many tasks done (Katzenbach and Smith, 1992) and this is why I think this course has valid grounds to base the majority of the courses learning within our small groups of teams. I am quite intrigued by this teaching style and am much looking forward to practically finding out the value of teams as a way to increase both performance and learning throughout the semester.
Katzenbach, J. R. & Smith, D. K. (1992). Why teams matter. McKinsey Quarterly, (3), 3—27
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.