Henry Tam and Mgi Team

In: Business and Management

Submitted By viper21my
Words 1088
Pages 5
HENRY TAM AND THE MGI TEAM CASE STUDY

Introduction

In our opinion, this case study is deemed an exercise in management technique. The case study is detailed with diverse factors and encompassing the breadth of management science.

The Music Games International (Hereafter referred to as “MGI”) team comprised of seven (7) members as stated - The group is extremely diverse comprising of the following, Henry Tam and Dana Soiman were final semester students at Harvard Business School (Hereafter referred to as “HBS”) working on the business plan not just for the competition, and as a professional challenge as soon. For the founders, Sasha Gimpelson was known for his unconventional ideas. Igor Tkachenko, an accomplished musician and Roman Yakub, a composer. Alex Sartakov -introduced to the group through a mutual friend of Igor and Sasha, he had music background, Dav Clark was a MIT graduate had a software background and was also planning to enter the MGI case for the MIT business plan contest.

To our understanding, the gist of Henry Tam and MGI Case Study refers to development of a business plan for MGI (as a submission to the annual business plan contest of HBS and, the business plan should be the blueprint for the future; to commercialize their products via educational learning tool and/or an entertainment/gaming portal).

Question 1

What is your evaluation of the MGI’s team process? What were the roots causes of the team’s process problems?

In evaluating the team's process from the four stages of group development as shown at Exhibit 1 are: Forming, Storming, Norming, Performing.

Exhibit 1: Team Development Stage

FORMING
STORMING
NORMING
PERFORMING
TEAM DEVELOPMENT STAGES

FORMING
STORMING
NORMING
PERFORMING
TEAM DEVELOPMENT STAGES

The forming stage in which the founders of MGI looking for someone who could work on doing general…...

Similar Documents

Henry Ford

...Henry Ford Biography Assignment Econ 220 – Entrepreneurship Instructor: Geoff Malleck Submitted By: Salvatore Curcio ID#20300001 Jenna Ortwein ID#20383970 Matthew Montgomery ID#20338248 Fatima Munir ID# 20239890 Kyle Georges ID# 20298815 “People can have the Model T in any colour--so long as it's black.” - Henry Ford “All Fords are exactly alike, but no two men are just alike. Every new life is a new thing under the sun; there has never been anything just like it before, never will be again. A young man ought to get that idea about himself; he should look for the single spark of individuality that makes him different from other folks, and develop that for all he is worth. Society and schools may try to iron it out of him; their tendency is to put it all in the same mold, but I say don't let that spark be lost; it is your only real claim to importance.” - Henry Ford What made Henry Ford… ------------------------------------------------- Questions & Answers Question: From a very young age, what characteristics and events were significant in foreshadowing Henry Ford was a truly innovative engineer with a love for machinery? Answer: When Ford received his first watch at the age of 13, unlike most adolescents, he took the watch apart to analyze the mechanical components of it. Ford was seen to all people as inherently curious, which was a key characteristic for engineering the fuel powered vehicle. Another significant event that peaked Ford’s...

Words: 2583 - Pages: 11

Henry Tam and the Mji Team

...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...

Words: 1654 - Pages: 7

Henry Tam and Mgi Team

...HENRY TAM AND THE MGI TEAM CASE STUDY Introduction In our opinion, this case study is deemed an exercise in management technique. The case study is detailed with diverse factors and encompassing the breadth of management science. The Music Games International (Hereafter referred to as “MGI”) team comprised of seven (7) members as stated - The group is extremely diverse comprising of the following, Henry Tam and Dana Soiman were final semester students at Harvard Business School (Hereafter referred to as “HBS”) working on the business plan not just for the competition, and as a professional challenge as soon. For the founders, Sasha Gimpelson was known for his unconventional ideas. Igor Tkachenko, an accomplished musician and Roman Yakub, a composer. Alex Sartakov -introduced to the group through a mutual friend of Igor and Sasha, he had music background, Dav Clark was a MIT graduate had a software background and was also planning to enter the MGI case for the MIT business plan contest. To our understanding, the gist of Henry Tam and MGI Case Study refers to development of a business plan for MGI (as a submission to the annual business plan contest of HBS and, the business plan should be the blueprint for the future; to commercialize their products via educational learning tool and/or an entertainment/gaming portal). Question 1 What is your evaluation of the MGI’s team process? What were the roots causes of the team’s process problems? In evaluating the...

Words: 1088 - Pages: 5

Henry

...1. There were many different types of ethical issues that were presented to us in this video about Henry and his daughters including professional, conflict of interest and even gender issues. From the beginning, Henry himself was not very professional in the way he bribed the senator by taking him out on his yacht before he proposed his project. I think the way Henry basically got his daughters their jobs by just calling someone is unprofessional as well, just like pulling those strings for Jeff’s son’s scholarship. Another issue was when the board was trying to choose between GuideMe and OutoCar, they had to decide which factors were most important and I think that was a conflict because not everybody had the same priorities in the decision. Conflict of interest was a very prominent ethical issue in this case because it was everywhere. Laura was in charge of a special project in which case she was very closely involved with both her father’s and sister’s company in a competition. Even if there was no conflict there, which there was, this is an extreme appearance of conflict of interest. Since Laura and Julie live together, they frequently talked about details of the project. Then there is every person in charge of the project was somehow a close friend of Henry’s which put GuideMe at a clear advantage and revealed that this competition was rigged from the beginning. In the midst of all of these issues, there were even gender issues with Julie’s team where they were staring......

Words: 267 - Pages: 2

Henry Tam and the Mgi Team

...Henry Tam is a student looking for a challenge and jumps right into one when he decides to join with the MGI (Music Games International) ownership as part of a school competition (The HBS Business Plan Contest). There are seven members in the team comprised of the three founders of MGI– Igor Tkachenko, Alexandra (Sasha) Gimpelson and Roman Yukab, Henry Tam Jr. and Dana Soiman of HBS MBA class students, Dav Clark from MIT and Alex Jan Sartakov from Boston Berklee College. The team had little success thus far working together having experienced conflicts and tensions. But there are several issues in the team. The problems in the team are: 1. They did not divide the task into sub tasks. 2. There seemed to be a main group and subgroups with no integration. 3. No team leader was officially appointed or nobody was empowered to define the role structure, the decision-making process and assessing team performance. 4. They did not set the norms and values and did not spend time developing a good working culture from the start. Actually the team demonstrated some key strength. The team is consisting of multi talented team composition. The founders' commonality in ethnic background, close friendship and shared passion on their product was great and there was complementary skill sets contributing from the various team members and their shared commitment to the business. However, there is issue for the personality of the MGI team founders. They had a history of not getting......

Words: 303 - Pages: 2

Henry Tam Case- Roles and Responsibilities

...The team failed to deliver and much of the problem lies in the fact that there are no clearly defined roles and responsibilities. The team consists of three groups of people. The core consists of the founders Sasha, Igor, Roman; HBS group consists of Dana and Henry; and there are individuals, Dav and Alex. While Sasha and Alex were viewed as Americanized Russians Henry and Dana perceived Sasha, Igor and Roman as “the Russians”. The differences were not only in team compositions but also around who brings what to the table. While Henry and Dana thought themselves as strategic contributor Sasha perceived Henry and Dana as mere business plan writer. Igor expected Henry and Dana to contribute not only with the business plan but also with the vision and direction. It is not clear what role Dav is going to play. Roman is the artist as well technical guy but is being involved in strategic vision brainstorming meetings. Alex brings important skills: his experience in the media industry and his skills from business school. Main problem lies in the area of not having clearly defined roles and responsibilities. And the lack of roles and responsibilities can be attributed to the fact that there is no clear leader. The team failed miserably in discussing and defining the values, vision, and norm to achieve the common goal. The organization structure is also completely missing. Without addressing the issue of structure and roles & responsibilities Henry will not able to make much...

Words: 417 - Pages: 2

Henry

...Henry’s most prominent strength is his experience and business skills in a company such as MGI. Henry was actually impressed with the MGI product and felt that the company had potential, which is what initially drew him to the company. Henry was an strategy consultant and investment analyst for previous well known and reputable firms, so he was very knowledged as to what it takes to thrive in a firm and be successful. Hence, his good working experience could be applied to the success of the current firm and his position at the firm. Henry was also a team leader, which allowed him to view everyone of equal importance and value. For this reason he was very well liked by his fellow workmates and he could keep organization and structure within the team. His weakness stems from him not stepping up and taking the actual role of being a team leader. As he was a business student, he was well educated in leadership styles within a group, and as order was lacking within his current one, he failed to step up. Henry was also highly analytical, so it was rather unusual for him to miss what was needed in order for the team to function together and have organization. Henry saw things differently at MGI, but failed to expound and bring to others what could’ve been done to fix those problems. Had Henry stepped up and played the leader role that he knew, the bigger problem could have been addressed....

Words: 251 - Pages: 2

Final Mgi Team

...Introduction The overall team process of MGI seems dysfunctional and ineffective; members forming the MGI team brought a variety of skills set resulting from the multi-talented compositions, diversity in ethnic backgrounds, close personal relationships and a shared desire for the product. The main task for the team was to launch a product at the Harvard Business School (HBS) business plan contest, however, the team has failed in delivering such product for the lack of group roles, 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...

Words: 2256 - Pages: 10

Henry Tam & Mgi Team

...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...

Words: 1340 - Pages: 6

Henry Tam and Mgi

...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...

Words: 1757 - Pages: 8

Henry Tam

...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...

Words: 4374 - Pages: 18

Henry Tam

... in front of everyone). Asset: Differences bring in a variety of expertise and knowledge. There would be different approaches and points of view that can help cover all blind spots for the business as it is the nature of team building process that individuals take time to fit into group and to know each other. Although, sometimes conflicts will arise, the differences would bring in new ideas and creativity. 4) What could have Henry have done earlier to avoid team’s problems? From the beginning, Henry didn’t manage his bosses well. He was excited to work with MGI, but he never explicitly understood what MGI’s expectations were of him. Also, the MGI founders didn’t share the same vision which could’ve been discovered earlier, had Henry asked what MGI’s vision was. Had Henry understood what MGI’s goals were and what was expected of him, then Henry could shift his attention and energy towards specific MGI’s goals. Throughout the case, there were never any discussions between Henry and his progress with the project; there was no feedback. Consistent feedback would allow more definitive directions of what Henry is doing well and what isn’t working. The feedback would also help the founders shape their own goals and mold what the expectation is of Henry. To help with the meetings, Henry could have sent e-mails prior to the meeting to prepare the other members of what would be discussed. This could help alleviate the long brainstorming sessions that would go in...

Words: 1621 - Pages: 7

Henry Tam and the Mgi Team

...November 16, 201 Dr. Mark Sullivan Fisher College of Business The Ohio State University November 16, 201 Dr. Mark Sullivan Fisher College of Business The Ohio State University Group #4 Shan Xu Anqi Wei Yiran Zhu 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...

Words: 1514 - Pages: 7

Henry

...In Act II, Scene 7, the French leaders speak in prose as they are gossiping and boosting. They frequently use irreligious oaths and make indecent jokes. They make foul comparisons when they are speaking regarding the English ‘carrion’ (IV.2.38), meaning dead meat. King Henry speaks in prose when he is in disguise and talking to the soldiers as he is presenting himself as a regular man. He also uses prose when he is speaking to Katherine, on the contrary this is to emphasis that he is a plain-spoken soldier and lacks fancy and extravagant words with which to court her. Speaking in blank verse and elevated language would have made Henry appear like a gratified conqueror somewhat than a suitor, exceptionally when the princess has little English. The verse is normally in lines of ten syllables. These are acknowledged as iambic pentameters and are based on a pattern of five pairs of syllables, each pair being made up of an unstressed followed by a stressed syllable. An example of this verse is; ‘For he today that sheds his blood with me shall be my brother; be he ne’er bile,’ (IV.3.61-2) This is the fundamental pattern however Shakespeare does not stick severely to this as it would become obvious and monotonous. Occasionally he uses a pair of rhyming lines; this is recognized as a rhyming couplet. This feature is often used to mark and signal the end of a scene. We consider prose to be our everyday speech. This can fluctuate a great deal. When Henry is in disguise...

Words: 960 - Pages: 4

Henry Tam Case Write Up

...Henry Tam entered the HBS Business Plan contest hoping to gain experience above and beyond the normal HBS curriculum. He teamed up with interactive music-based game start-up company, Music Games International (MGI). From the outside, Henry seemed to be part of a well designed and diverse team. However, the lack of team preparation has led to poor team processes and left MGI with no tangible business plan three weeks before the deadline. However, MGI’s team processes can still be improved through Henry’s integration efforts. The real crux of MGI’s poor ‘Team Process’ or, the “the interactions that group members undertake in a team environment that convert members skills, expertise, and other inputs into a group project or other form of output” (Polzer, HBS Case #9-403-094), was based on the following: a lack of common goals, lack of team roles, and lack of information exchange. Fundamental components such as the 'Available Resources', 'Incentives or Rewards', 'Roles and Responsibilities' were never reviewed during the Launch Meeting (Polzer, HBS Case #9-403-094). The MGI team’s failure to agree on common team goals and to define formal roles for its members upfront are the root causes for its poor team processes. Henry and Dana saw the business plan competition as an opportunity to gain business development experience with a start up and contribute to MGI’s vision; however, Sasha envisioned them as “interns”. When Sasha handed them an envelope of alumni names to...

Words: 1892 - Pages: 8