I always feel good when I feel have a achieve something amazing during the week. This week, our team has made great achievements again! Our achievement might look insignificant compared to firms at the top of the rank in all markets. But we are constantly improving. I believe our team will climb from the bottom to the top. ‘Add oil’!
I got really excited after looking at our team’s report and Peter’s report last week. One reason was because our team has climbed up a few positions up the rank. The amount of time and effort our team has put into this assignment is huge. We all expected some sort of return from our investments, and now the result shows it has. But from the reports, I also realised that many firms are falling behind for many reasons. So in this week’s journal, instead of reflecting on my own problems, I wanted to reflect on problems that may be occurring in other teams.
In the reading this week, Davenport (2008) mentioned that having the right people is important. From my point of view ‘right people’ in terms of knowledge is particularly not true for our team. We were once one of the lowest team in the class, and we thought it would be unfair for us to compete with other higher teams. Now, we are proud of our results and the team we’re in. Whereas other teams in the class who were once on top of us, some are struggling with this assignment. In this team assignment, I don’t think having the ‘right people’ with the top knowledge matters. It is those who are willing to participate and share their knowledge in a team environment. There must be synergy from the individuals team member’s participation, not “listen to me, I’ll know what to do” or “just enter your own figures for your department, we don’t need to meet this week”. However, I agree ‘right people’ in terms of culture is true. Could be because we are all females so we feel closer and a stronger friendship, or we don’t see it as an assignment but like a work project. Having the responsibility to do what we need to do. I would recommend other teams to discuss and make decisions as teams, and have open team discussions weekly. I believe it is a way of fostering team participation to achieve the same goal.
I hope to see other firms will understand the purpose of this assignment and hope the weaker firms will climb up the rank again. Meanwhile I look forward to another great week with my awesome team.
Davenport, T. H. (2006). Competing on analytics. Harvard Business Review, 84(1), 98-107.