Over the past semester I have struggled to look past the simulation as a mere prop for the business reality but I must admits (being stubborn and all) that there is merit in engaging with Mikes Bikes. I was focused going in the practice rollovers but after a couple of weeks of the actual rollovers, there was a complete disconnect. After the last 3 rollover, the results are not reflecting the work ethic. I have spent a large amount of time thinking about the purpose of this assignment but completely neglected the option of engaging and then observing the results for a more holistic look at the whole course. Me and my CEO have sat down, engaged in comical relief, talked about our future and have had conversations beyond the scope of this course. This level of engagement is an absolute requirement in order to have a team that works beyond their given roles. Let me go into detail using some of the resources.
My concrete experience revolved around the fact that we looked at the data and articulated a strategy for the turnover that matched our overall strategy. This matching is new and has come from experience where before we spent in areas where our interests were not that profitable. This ability to synthesize the data and have a deep conversation about where to place the bikes int eh marketplace and where do we see the bike in 2 years? Do we have to modify the specs? This engagement can occur at a surface level where we state our desired position and why or it can happen where we conceptualize the results of our decisions and really paint the picture to see what is actually happening? This difference in understanding only comes from this level of engagement that is beyond the stated relationships one ought to acquire in a professional field. Greiner (1972) talks about the importance of not being stuck in the past and learning from mistakes, but we have gone beyond learning from mistakes. The failures I think was too personal for me to handle so I had a person in my group that matched that frame of mind. The determination has allowed us to climb from SHV of 3.06 to almost 40 in 3 rollovers. We understood that the market is different from when we made mistakes and where we were spending too much.
My realization for this is relates to the other reading about measuring our lives in contexts. This week, the results have verified my existing belief that work ethic and small details play a large role in doing business basics. All other things come afterwards and to translate that to my experience this week, I think my positive thinking relating to work ethic will boost our confidence for the final rollover. We paid attention to details and reaped the results. This applies to pretty much anything in life and I think it serves as a great lesson.
Greiner, L. E. (1972). Evolution and revolution as organizations grow. Harvard Business Review, 50(4), 37--46.
Christensen, C. M. (2010). How will you measure your life? Harvard Business Review, 88(7/8), 46-51.