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The previous week witnessed out team's utter frustration and desperation with the simulation since we were falling way behind other teams in the region and needed equity injection in order to get back on our feet. This week we are even more worried and confused since the sales haven't improved at all, despite all the effort we put in hoping to get the slightest chance of success. The ultimate reason for this failure, in my opinion, is because we had such a horrible start. That caused us to fall too far behind other teams and no amount of pump into advertising or brand awareness could bring our firm to the same level with other teams. Moreover, we never had enough cash to afford the amount of investment that each department requested. Also, after several inccidents of going near bankruptcy and finally becoming insolvent the previous round, now we do not have to confidence to go all out on cash, meaning we are probably not spending enough. All in all, we are in urgent need for a strategy that could get us out of this hole.

Davies and Easterby-Smith (1984) provide a very practical point of view on how managers actually learn through work experience in order to find the work environment that fit them the most. Managers are increasing required to have the ability to adapt to new environment since the dynamics of work has changed vastly in recent years due to speedy advancement in technology. It is also mentioned that manages tend to learn the most when put in situations that require them to develop new methodologies and practices rather than novel scenarios. My interpretation of this is that experience does not simply equate to how long a person has worked in an environment, but rather how much he has adapted and developed through the situations that his job has put him in. Therefore it is important to be proactive and flexible instead of doing every single thing strictly by the book. 

Davies, J., & Easterby-Smith, M. (1984). Learning and developing from managerial work experiencesJournal of Management Studies, 21(2), 169--182. doi:10.1111/j.1467-6486.1984.tb00230.x

2 Comments

  1. You have clearly outlined the problem that your team has had this week about not performing well. You have identified that this could have been caused by having a horrible start. A vital lesson is learnt from this; hit the ground running. It would be interesting to see furthur into this analysis and formulation of the problem. It seems to be a very brief journal, so an improvement would be to expand on these two steps of Daudelins structure. Be more critical as this would benefit you to get to the bottom of these issues.You have also mentioned the action you have decided to implement about being more proactive and flexible. 

    In terms of Blooms taxonomy I would say you are at the Application stage but showing signs of Analysis as you have recognized that earlier problems have caused the one you are now facing. 

    In general I suggest that you proof read as there is a few grammar issues.

     

  2. Kimberley hit the nail on the head here, I personally think that no teams would have been able to fall so drastically far behind in the initial stages. One thing I have found about this simulation is that mistakes are cumulative, they add up as the rollovers go by until they are irreversible. I would have liked you to have further developed the final stages of Daudelin's learning process by perhaps stating what you intend to do to be more proactive and flexible. Will you chase team members for their decisions? Will you consider how you could accommodate an idea that clashes with your own? These things would have allowed you to create a more whole, thorough journal. I agree that you are in the application stage of Bloom's taxonomy.

    Thanks for the opportunity to review your journal.

    Jack