Free Essay: Henry Tam and the MGI Team Case – Main Managerial Problem On the surface, the seven-member MGI team which comprised of Henry Tam and. Sep 7, Henry tam at mgi team. 1. 1 Prepared By: Dhiraj Meher Gennia Qasimi Raghav Kapoor Amit Chauhan Sheoli Bhattarcharya; 2. Evaluation. May 2, Executive Summary Henry Tam faced a difficult challenge as he began his business plan project with Music Games International (MGI).
|Published (Last):||9 August 2015|
|PDF File Size:||17.22 Mb|
|ePub File Size:||8.48 Mb|
|Price:||Free* [*Free Regsitration Required]|
The founders are all Russians who are trying to create, produce, and sell a unique computer-based music game where through ,gi game play tne can both learn and enjoy music. The product should be marketed as a game and ant to focus on the entertainment market while the HAS znd believes it should be marketed toward the education industry.
Also, the team struggles to identify their responsibilities, define their roles, make decisions together, and resolve conflicts. Arguments and tension started to build as the team produced a variety of ideas about how to promote their product, but had difficulty agreeing on which ideas to pursue. The team had very little success in working together. In addition, the team is comprised of diverse thhe who share a strong commitment to the Business, and the founders of the company have a strong passion on their product.
To completely understand MGM and provide recommendations as to working effectively, we will start by analyzing the Issues that MGM has experienced. There are numerous issues building within the MGM team from the very start. Provided below is a breakdown of our understanding of MGM and its internal issues. The HOBS students believe that the product has a greater chance of success towards the education industry. The founders believe the product lacked a focus on sales.
This is a clear sign the MGM team needs skills to appropriately promote their product. Igor and Roman are from Ukraine. Sash is from Russia and is considered the primary business person because he is henfy college graduate wit n Dustless acumen Ana Tolerance Skills. Henry and Dana believe Sash has a tendency to Jump from ideas to ideas, and henty unclear.
Henry and Dana see themselves as creating a business plan.
Henry Tam & The MGI Team
Roman and Sash believe that Dana has a very broad view of things. Sash lacks in interpersonal communication skills. Alex sees Dana as aggressive and strong-minded. Anything that Dana would present Sash would reject.
Henry Tam and the MGI Team
Igor and Roman tzm impressed by the presentation but Sash expressed frustrations and felt mgu he is being alienated by the group.
Dave believes the group is impacted due to the cultural differences. Alex believes the people are from different experiences and skill levels. Alex views the major difference or point of conflict as that between the creativity of Igor and Roman and business sense of Dana and Henry. After compiling a heavy amount of research data, Henry and Dana believe they should market the product to teachers and education market.
However, according to Roman, education market is small in comparison to the entertainment market. Additionally, Sash feels that they mgu set themselves for a failure since they have no interest in the education market or have the experience.
There is no clear leader. Per Henry, the leader was that person who at the time had the most energy to give to an issue.
Based on our observations of the case, we believe the team had good debates about the direction of the company but they were disorganized, unstructured and did not lead any final result of plan. At the end of the day, the team was surely behind schedule in development of the business plan. Henry and Dana were the mainly contributing to outcome; tender were no Inhalations AT work contributed Trot toner team members. The team did not work well together. They had conflicts, frustrations, and tension among each other.
Also, the team members did not share a common goal. Dana and Henry wanted to test their abilities for the HOBS contest, so their goal was to develop business plan in time for the andd.
Additionally no team leader was officially appointed or nobody was empowered to define the role structure, the decision- making process and assessing team performance. We also feel the team did not spend time developing a good working culture from the start.
A person using the transformational leadership style has competencies such as integrity, sets clear goals, clearly communicates a vision, expects the best from the team, encourages and supports the team, provides stimulating work, and helps people see beyond their self-interests and focus more on team interests and needs Leadership Styles, When your team trusts you, and are enthused by the way you lead, one can achieve great things. A leader is an important function of management which helps to maximize efficiency and to achieve organizational goals.
A leader will motivate the employees, provide guidance, create confidence, and help in building a work environment Importance of Leadership, Most successful teams and managers, deal with tsm challenges in one of four ways: Adaptation involves acknowledging cultural gaps openly and working around them Brett, Bear, and Kern, Structural intervention involves changing the shape or makeup of the team Brett, Bear, and Kern, Managerial intervention is setting norms early or bringing in a higher-level manager Brett, Bear, and Kern, Exit involves removing a team member when other options henyr failed Brett, Bear, and Kern, Henry needs to identify norms and values for the team.
Their decision making process was extremely slow. Someone would always oppose whenever the team was about to come to a decision. This would cause the process to start all over again. Utilizing the egalitarianism value system would be quite beneficial. Egalitarianism is a moral principle.
It is the belief that all tea, should be equal and that values should be split evenly Importance of Philosophy, Time management is highly needed. Henry needs to write the meeting objectives prior to starting every meeting.
We will write a custom essay sample on Henry Tam and Mgi Team specifically for you. This is just a sample.
An Analysis of Henry Tam and the MGI Team | College Writing Samples
To get a unique essay Hire Writer. A limited time offer! Get custom essay sample written according to your requirements Urgent 3h delivery guaranteed Order Now. How to Write a Critical Analysis. How to Write a Thematic Essay. How to Write Essay in Third Person. How to Write a Good Case Study. How to Write a Summary of an Article?