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Group Dynamics

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Every team is unique and it is nice to start with a solid plan to guide the process along and help make our meetings more efficient. We have decided that team meetings will be held weekly, preferably before the weekend in order to allocate time to make any corrections before the presentation. Although we will have the time to make any necessary corrections, this will hopefully not be needed for we will finish preparing the case prior to the weekend. Team members will come to the meeting having fully read the case ensuring utmost efficiency.

Our team will be structured in a way that each team member will have set responsibilities prior to each meeting and presentation. Adam will be responsible for coordinating group meetings and keeping the team posted on due dates. Tyler will be responsible for final editing and bringing the completed work to class. Caio is in charge of the technology and will try to prevent any groupthink that may occur among the group. Derek will be responsible for preparing a case summary prior to each group meeting.

Team interaction and dynamics will work in such a way where everyone is respected, but debated. We will work in such a way where all assumptions are clearly discussed and no stone is left unturned. In order to achieve this we will have to be comfortable around one another when analysis time comes. Team rapport will build overtime, but we are going to try to meet bi-weekly in order to accelerate the process. We feel that fostering an environment where one has the ability to speak free of criticism if the true key to success.

We all are hoping for an A grade but the skills we learn along the way are a more important goal for our group. We see real world applicability in the way this course is designed. We hope to learn many “soft-skills”, such as negotiation tactics and dealing with different personality types to reach a common goal. We hope to really incorporate our past finance courses and have it all gel together, making our hard work payoff. Honing our analytical skills by going through the case one step at a time and checking each other’s work should help us achieve these goals.

We will take this learning experience into our future endeavors so our goal is to really use this course as a trial run for what we expect to find in the workplace. We are looking forward to a great semester.

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