Essays on Team Performance in the Simulation Process Coursework

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The paper "Team Performance in the Simulation Process " is a good example of management coursework.   The overall team performance in our game two marketing simulation process can be described as successful. In this regard, the success can be based on the fact that unlike other teams that did not complete their games execution, out team conducted the entire game process in the very end, a major improvement from the first game where we failed to complete on time. In its execution process, the team allocated various members into sub-teams through which each evaluated the respective boxes namely the red and the blue boxes.

Personally, I was tasked with the role of consolidating the established findings by the set up two sub-teams to enhance the development of consolidated results for the boxes performances in the market. In order to enhance and stimulate success in the third game, the team will develop additional sub-teams to cater for the proposed new product and strategy changes into the future. Teams’ Dynamics In order to ensure success, the team selected both a team leader and a coordinator. On one hand, the team leader shared meetings held by the entire team.

On the other hand, the coordinator was tasked with the role and mandate of ensuring synergy of the respective sub-teams’ activities. In order for the sub-teams to execute any process, the consent approval of the coordinator was imperative to reduce on conflict of interest as well as facilitate efficiency in sharing of resources. The teams’ decision-making process was based on consensus and compromise. In this regard, issues were deliberated by the members and a majority consensus reached. The minority members were required to compromise and agree on the majority decision.

This decision-making approach ensured that the team was held together and motivation enhanced through increased engagement as resolved upon the completion of the first game by the team. Challenges in the Game In the game execution, and with my responsibility as a consolidator of the findings in the calculation of the overall consolidated product gains, I experienced challenges in developing the cost-benefit analysis in the concept. As such, I faced a major uphill task in the process of developing the relevant consolidated funds' analysis.

In order to overcome this challenge into the future, I have resulted to engagement in learning accounting concepts and especially the matching accounting concept. Learning this skill will equip me with the required accounting skills to enable me to successfully blend them with my marketing skills to increase the overall success and performance rates of my team in the third game round. Peer Discussion In our final analysis of our marketing simulation products analysis, the entire team was in agreement on a series of issues. On one hand, the team agreed that the red box product one of the initial offerings into the market was decreasing its market performance and success by the day.

This was exhibited by the decreased sales of the products under year 44 as our base year since year 41. In this regard, the declining sales of the product were subject to the venture diversification to incorporate a new blue box product among others. In this regard, in order to increase overall competitiveness, the venture has gradually changed its population and target market base to include the consumer segments ranging from 6 to above 36 years of age.

Consequently, for each of the established brands by the venture such as the shinny station and purple player targeted a specific market in the wide base as a measure of creating an overall market niche.

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