...The Henry Tam case is in the course packet. Make sure to pay attention to both the case text and the exhibits when you prepare your analysis. 90% of the score will be based on content, as discussed in the critical thinking grading rubric. 10% will be based on style. While it will be okay to fill in the table below with bullet points, each bullet point should be a full sentence. The analysis should be comprehensive, yet concise; there is no minimum or maximum word count. Grammatical and spelling errors will lower your style score. Total value: 22 points. 1A. Please analyze the opportunity: Customer value 1. Who is end user and purchaser/decider? Is this a Pro or con and why? The target market is something the team struggles with throughout the case. The students (Henry and Dana) believe the ideal market is the education market (i.e. elementary school aged children), however the founders believed they should be going after the entertainment market (i.e. junior high and above). Both have sound reasoning for their opinions; however I tend to side with the students that the best approach in the beginning would be to go after the education market because of the inherent benefits available. I will be answering the questions based on the standpoint their target market is the education market. In the education market, the end user would be younger children (elementary school aged children) with the decision maker being their parent or their music teacher...
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...Henry Tam and the MGI team Henry Tam and the MGI team Introduction When working with a team there is a number of issues that a leader of a group should address so as to ensure that the group works effectively. In group dynamics a leader should seek to understand the behavior of the team members and how the team works in attempting to make a decision or to solve a problem. A leader with expertise in team processes can help the team in achieving its objectives and aims by analyzing how the team is functioning in terms of decision making and problem solving, the leader should also be able to intervene and change the team’s operating behavior. A team is usually gathered for the purpose of accomplishing a given task, In the case of Henry Tam and the MGI team they are required to come up with a business plan within the contest deadline. There are a number of issues that challenge the team like team communication, analysis of issues and achieving group outcomes. In addressing this issues there needs to be a leader with expertise in group processes who will be helpful in playing the role of a facilitator. The team leader usually has a very strong influence on the team as he/she is tasked with the role of shaping the outcomes of the group. The influence that such a team leader has on the team will be determined by numerous factors namely; the leader’s personality, relative age, sex appearance, income, race and also the organizational structure in the given organization...
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...each team will include not more than 4 students. Your section instructor will decide how the team members are selected. The Charge For the purpose of this assignment you, along with other members of your team, will assume the role of human resource and organization development consultants for Henry Tam and the MGI Team. Henry Tam has asked your team to diagnose and develop strategies for managing and solving the communication problems that members of the MGI team have been experiencing. Detailed information describing the nature of the problems as well as the members of the team are available in the HBS 9-404-068 (Henry Tam and the MGI Team) document. Tasks to Be Completed Based on the information provided in this document, Mr. Tam has asked your team to perform five specific tasks. (1) (2) Define and describe the nature of the problems Analyze the problems by providing a detailed explanation of the causes of the problems. This analysis must use existing theories of communication, conflict management and team works to explain why the problems are occurring. List alternative solutions Develop criteria for selecting a solution(s) Choose a solution. (3) (4) (5) The Report Mr. Tam has also asked that your team summarize its’ findings in a 7 to 10 page report. This report should...
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...Yuting Chai Mengqi Lei Group #4 Shan Xu Anqi Wei Yiran Zhu Yuting Chai Mengqi Lei Course #7260 Group Case Analysis Paper Henry Tam and the MGI Team Question # 3 At the end of the case, what actions could Henry have taken to improve the team’s effectiveness? Course #7260 Group Case Analysis Paper Henry Tam and the MGI Team Question # 3 At the end of the case, what actions could Henry have taken to improve the team’s effectiveness? Henry Tam, a MBA student at the Harvard Business School, joined the start-up company Music Games International to compete in the HBS Business Plan Contest. The team of 7 had a diverse background in culture and professions. Still, such cultural and value differences slowed down the progress on the business plan for a CD-ROM music game, MGI’s self-developed product. With the plan due in 3 weeks, Henry should step out and lead the team to survive the chaos in terms of setting clear goals, rebuilding the team and smoothing conflicts. Goal setting is crucial to keep a team on the right track and build momentum within the team. Agreeing on a target is especially vital to the MGI team at this point. By suggesting that Alex conduct an objective industrial research and consulting experts in music education industry, Henry could show that this product will achieve huge success in education market and entering the entertainment industry could be the team’s long-term goal. Afterwards he and Dana...
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...Indian Institute of Management Indore A Report on ‘Henry Tam and the MGI Team’ Sayantan Banerjee Submitted to: Professor (Dr.) Abha Chatterjee Subject: WAC 27th February 2015 Submitted by: Sayantan Banerjee - 2014PGP341 Letter of Transmittal Dear Professor Abha Chatterjee, Enclosed is the report you commissioned on 19th February 2015 on the topic of ‘Henry Tam and the MGI Team’. The main findings of this report are – * Unless roles of individuals in a team are well defined, it’s difficult for work to be completed * In the absence of a proper leader, even the best of ideas go to waste * Diversification in a team might lead to conflicts which must be sorted out fast I would like to thank you for the opportunity this report gave me to familiarize myself with the various aspects of team building and the various problems that can arise due to working in a team. It also helped me to develop my research skills and understanding of organizational behaviour, which will be valuable for future reports. Regards, Sayantan Banerjee Executive Summary Henry Tam and Dana Soiman were two HBS graduates who were working with Music Games International (MGI) to formulate a business plan for an upcoming business plan competition in Harvard. This would form the basis of launching the new product developed by MGI. However the team issues and constant addition of new members, conflicts among the team members and lack of zeroing in on one idea, the business...
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...9 -4 0 4 -0 6 8 OCTOBER 20, 2003 JEFFREY T. POLZER INGRID VARGAS HILLARY ANGER ELFENBEIN Henry Tam and the MGI Team Henry Tam felt tired and extremely frustrated. He was halfway through his final semester in the MBA program at Harvard Business School (HBS), and things were not going as expected. Spring break was about to start, but Henry, like many others in the class of 2002, was feeling the pain of the worst job market in over a decade. Henry recalled the troubled sentiment around campus: Going to business school during the aftermath of the Internet crash changed everything. Before the crash, the feeling was that if you graduated from HBS, you could take on the world. Now people were feeling a lot more insecurity. I was having some doubt about my own capabilities—about what I could accomplish on my own. Anxious to test his abilities and distinguish himself beyond the standard curriculum, Henry had decided to enter the School’s annual business plan contest. About six weeks earlier, in late January, Henry had teamed with HBS classmate Dana Soiman and the founders of start-up company Music Games International (MGI). The MGI founders—an HBS alumnus (MBA ’87) and two professional musicians—later brought two additional students from other institutions onto the team, creating a group composed of diverse views and talents. (See Exhibit 1 for team member bios.) The team was dynamic but very conflicted, and progress on the business plan had been slow. They had...
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...9 -4 0 4 -0 6 8 OCTOBER 20, 2003 JEFFREY T. POLZER INGRID VARGAS HILLARY ANGER ELFENBEIN Henry Tam and the MGI Team Henry Tam felt tired and extremely frustrated. He was halfway through his final semester in the MBA program at Harvard Business School (HBS), and things were not going as expected. Spring break was about to start, but Henry, like many others in the class of 2002, was feeling the pain of the worst job market in over a decade. Henry recalled the troubled sentiment around campus: Going to business school during the aftermath of the Internet crash changed everything. Before the crash, the feeling was that if you graduated from HBS, you could take on the world. Now people were feeling a lot more insecurity. I was having some doubt about my own capabilities—about what I could accomplish on my own. Anxious to test his abilities and distinguish himself beyond the standard curriculum, Henry had decided to enter the School’s annual business plan contest. About six weeks earlier, in late January, Henry had teamed with HBS classmate Dana Soiman and the founders of start-up company Music Games International (MGI). The MGI founders—an HBS alumnus (MBA ’87) and two professional musicians—later brought two additional students from other institutions onto the team, creating a group composed of diverse views and talents. (See Exhibit 1 for team member bios.) The team was dynamic but very conflicted, and progress on the business plan had been slow. They had a promising product:...
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...Henry Tam And The Mgi Team Case Category: Literature Autor: tasha129082 03 February 2010 Words: 1587 | Pages: 7 Henry Tam and the MGI Team Case - Main Managerial Problem On the surface, the seven-member MGI team which comprised of Henry Tam and Dana Soiman – both current HBS MBA Students, Alex Sartakov – a Berklee College of Music student, Dav Clar – a MIT graduate student, and Alexander (Sasha) Gimpelson, Igor Tkachenko, and Roman Yakub – the MGI founders, seems like an ideal team, with each member bringing different experiences and technical skills to help with the business plan contest at HBS. However, as we will see in this paper, interpersonal dynamics, a lack of clear leadership, resulting in unclear team goals and individual roles, and a lack of healthy group norms, contribute to an ineffective team process at MGI. With the deadline less than three weeks away and the team without even a first draft of the business plan, Henry is certain that the team would not meet the deadline if it continued to function as it had so far. Case Analysis Team Process is defined as the team members’ behaviors and interactions, occurring over time. It is through this process that all of the members’ expertise and knowledge, along with other inputs, functioning in the group environment, manufacture an output. MGI’s team process seems ineffective, resulting a lot of conflicts among the subgroups of the MGI team and inability to complete the business...
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...Report on the case “Henry Tam and the MGI team” In partial fulfilment of WAC course Submitted by: Nishant Prateek Minz Executive Summary Henry Tam, an MBA candidate at Harvard Business School, is facing the problem of bringing together his team on common grounds regarding MGI’s submission for the annual HBS business plan competition which could provide him with good credentials and the company with the jumpstart it needs. The members of the team had approached Henry with their business plan and wanted to enter into the contest which could provide them with venture capitalist funding and expert advice for its future. The assembled team has a lot of disagreements and no clear hierarchical structure which has often resulted in clashes between individual ideas and no definite plan for presentation. With the deadline looming near, Henry was faced with the challenge of putting together a coherent business plan in time. It is recommended that the team mutually appoint a neutral third person experienced in business plan development to take the final decision regarding the B-plan formulation. Contents Executive Summary 2 Introduction 4 Situation Analysis 4 Problem Statement 4 Alternatives 4 Evaluation Criteria 4 Evaluation of alternatives 5 Recommendation 5 Action Plan 6 Introduction MGI (Music Games International) is a small start-up company which was founded by Alexander...
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...Henri Tam and the MGI Team : Written Case Analysis Henry Tam faced a difficult challenge as he began his business plan project with Music Games International (MGI). The root of the problem is that the company culture is not adaptive. This means that the team members do not come together and support change to enhance their productivity. In this instance, it causes the team not to be as effective as they otherwise would. During the course of the project, Henry encountered several difficulties. The group lacks an effective leader. He has to step in to establish better management of agreements and build unity and encourage collaboration through supporting, empathizing, and harmonizing. Finally, their group lacks greatly in having clear stages of development. He needs a clear understanding of the stages of group development. In order to advance the group, I recommend that they make changes in their strategy to form the cohesion in their group. First, they need to overlook personality conflicts to facilitate agreement. A group of highly talented people does not mean guaranteed success. They must delegate tasks and be consistent in their decisions. Another recommendation is to establish a clear team leader to develop credibility. This will allow the group to develop focus and influence, and motivate them to greater effort. Third, I recommend they set clear expectations and boundaries. Doing so will increase efficiency and clarify roles and agendas. Finally, they need to establish...
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...Changing ownership and its impact on Firm performance: A detailed pre and post crisis study on Indian firms Several studies are available establishing relationship between firm performance and ownership structure and the results are mixed. Several authors have found significant relationship while others have not found any significant relationships. In Indian context also, there are several studies which propagates to have both kind of results. The way literature is linking the owner ship with performance has always been via addressing the agency (outsiders and insiders) problem, board structure, size, leverage etc. but, literature is sparse to identify these variables as moderating the relationship between ownership and firm performance. The purpose of this study is to establish and study the relationship between ownership and performance in Indian context. Considering following points, I recommend a framework to study the changing ownership and firm performance under the premise that agency costs and information asymmetry acts as moderating variable, which increases/decreases performance when ownership changes. * In India, it is confirmed by several authors that concentrated and complex ownership structure is found which creates problem of heterogeneity and opacity. * India has agency type 2 problems; few studies are available addressing type 2 problem and variables to measure this. * Opacity and complexity creates Information asymmetry and tunneling respectively...
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... defining objectives and facilitating communication among themselves. The MGI lacked a manager to lead the group assignments and making sure every task is performed for the best interest of the group; which is completing the task in the given time frame. There was no structure and clear role assignment for members, this led to having more and more conflict among team members that affected the communication process as well as the outcome of the group. Not only ineffective communication was created in such team forming setting, but also a misunderstood perception for each member’s role was generated. One given example, when Dav joined the group, Henry and Dana did not know the intentions for the team founders as to themselves, as they had no idea what Dav’s role was in the team, which affected the team work as a whole. Also, as Henry thought they were very clear in respect to each member’s role that’s been placed initially, each member played a facilitator, moderator, task manager, and strategic thinker. (Polzer, 2003) Post failure in effective communication, the team collaboration hindered to result for the incapability of the team to reach its consensus, especially in decision making. Interpersonal conflicts flared up as a result to informal norms within the team interactions, instead of taking an advantage of the diversity of each member’s background and exceptional experience; whether...
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...MBA 2017 | Written Case Analysis Aston-Blair, Inc. | Organizational Behavior | | 17010046 | 10/11/2015 | | Synopsis and Summary: The case discusses the role of Henry Tam, a Harvard Business School student who joined a startup company, Music Games International. Dynamic and extremely diverse but very conflicted, the company lacked real world experience and Henry took on the assignment to formulate a strategy and restore harmony amongst the team members. Statement of the Problem: The team faces the issue of cultural and functional diversity hampering their productivity. The responsibilities of the members are not clear and no clear leadership is defined. Causes of the Problems: *Multiculturalism and Functional Diversity: At first sight, the diversity of culture and function in the team seems like a wise choice since more ideas mean better productivity and creativity, before we see the first meeting. The whole team seems like to be functioning like a family with extremely loyal best friends who are capable of handling conflict and are cooperative towards the newcomers – Dana and Henry. However, the team is facing the issue of improper management of multiculturalism and diversity and there is low performance. Sasha does not think Dana has the practical experience and Roman and Igor do not understand what Dana wants from the project. The brainstorming sessions, according to Dana and Henry seem to drag on too long. It has an impact on the team’s processes...
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...|[pic] |MAN 383.20: MANAGING PEOPLE AND ORGANIZATIONS | | |SPRING, 2009 | Professor John W. Burrows, Ph.D. Office ATT L084 Phone 232-5655 (office) 740-2839 (cell – emergencies only before 9pm) E-Mail John.Burrows@mccombs.utexas.edu Course Web Page via Blackboard Teaching Assistant Sowmiya Chocka Narayanan (sowmiya@mail.utexas.edu) ___________________________________________________________________________________________ Course Objectives Technical competencies are not enough to ensure continued success in your career if you cannot leverage efforts. How do you motivate employees to go over and above the call of duty to get the job done? How can you ensure that decisions are not biased? What influence tactics can you use even if you do not have the formal authority to tell someone what to do? This course attempts to add to your understanding of life in complex organizations by covering topics including, leveraging culture to reach strategic objectives, motivating and rewarding desired behavior, designing organizations to fit with strategic objectives, selecting the appropriate leadership style to motivate others to perform, and using power and influence effectively. My approach will be managerial, focusing...
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... In reviewing the definitions of fraud and abuse by Medicare it may be hard for some people to understand if they do not live in the healthcare world daily. In an effort to help shed some light on this, we will look at the history of Medicare fraud. It has been around since the Civil War, when the False Claims Act (FCA) was created. It was also called the Qui Tam Statue meaning “he who sues for the king as himself.” ("FCA," 2011, p. 1) “The law was targeted at stopping dishonest suppliers to the military Union military at a time when the war effort made it all but impossible for the government to investigate and prosecute the fraud itself. Today it serves a similar purpose because of the enormous size of the federal government and the variety or programs under which it expends taxpayer funds.” In 1986 the FCA has been revised over the years, but in 1986, ("History of Healthcare," 2011, p. 1) “it received new power when those filing the claims, referred to as relators, became eligible for higher payouts, up to as high as 30% of recovered funds or fines.” Also, ("History of Healthcare," 2011, p. 1) “Qui Tam fraud cases interestingly enough reflect the areas where the government is spending the most money. Just as the war...
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