Management is the process of achieving organizational goals through the efficient use of resources. Management includes planning, decision making, organizing, staffing, and directing.
The Henry Tam & MGI team case is a classic example of how effective management can lead to success. The team was tasked with developing a new product for Mattel, and they were able to do so by making efficient use of resources and making thoughtful decisions. As a result, the team was able to exceed Mattel’s expectations and create a successful product.
The case highlights the importance of setting clear goals, making sound decisions, and efficiently utilizing resources. It also demonstrates the value of teamwork and collaboration in achieving success. Management is a critical function in any organization, and the Henry Tam & MGI team case illustrates how it can be used to achieve success.
The Harvard Business School case of Henry Tam and the Music Games International (MGI) Team examines group formation and team processes. The founders of MGI wanted to improve their music game’s commercialization by starting a team to market their product and create a business plan.
The team, composed of three members including Henry Tam, was successful in developing a plan and raising $2 million in venture capital. However, the team experienced several challenges along the way.
The first challenge was related to goal setting. The team members had different opinions about the objectives of the team and what should be included in the business plan. As a result, they spent a significant amount of time debating and negotiating goals.
The second challenge was related to task allocation. The team members had different skills and abilities, which made it difficult to decide who would do what tasks. In addition, some team members were more interested in certain tasks than others.
The third challenge was related to decision making. The team members often disagreed about the best course of action to take. As a result, they spent a lot of time discussing and debating decisions.
Despite these challenges, the team was successful in achieving its objectives. The case highlights the importance of effective group formation and team processes in achieving success. It also highlights the importance of setting clear goals, allocating tasks effectively, and making decisions efficiently.
The team was created with good intentions by the MGI founders, but a lack of common goal, defined roles and decision-making process held back team progress and productivity. The following sections evaluate the MGI team’s processes in detail, describe root causes for problems and present specific actions Henry can take to improve the team’s overall effectiveness.
When the Management and Goal setting process is ineffective, it results in a team that lacks direction and purpose. The MGI team struggled with this problem from the beginning. Without a clear goal, the team members were each working towards their own objectives, which resulted in conflict and confusion. In addition, the team lacked a clear decision-making process, which led to disagreements and stagnation.
The root cause of these problems was the lack of a clear management structure. There was no defined leader, and no one was responsible for setting goals or making decisions. As a result, the team floundered without direction.
Henry can take several actions to improve the effectiveness of the MGI team. First, he should appoint a leader who will be responsible for setting goals and making decisions. This will give the team a clear direction and purpose.
Second, Henry should establish a clear decision-making process that all team members can agree on. This will help to avoid disagreements and stagnation. Finally, Henry should ensure that all team members are aware of their roles and responsibilities. This will help to promote cooperation and collaboration among team members.
By taking these steps, Henry can improve the effectiveness of the MGI team and help it to achieve its objectives.
The MGI team was composed of people with a wide range of experience, from award-winning musicians to marketing professionals, software developers, and creative artists (Henry Tam, 2003, 15). This diversity fostered an environment that was ripe for developing innovative products. In addition to the extrinsic motivation of making money from a successful early-stage venture product members of the MGITeam were also intrinsically motivated by the desire to create something new and exciting.
Management must provide an environment that supports and taps into both intrinsic and extrinsic motivations if they are to create a successful team (Amabile, 1996).
The goal of the MGI team was to develop a software application that would allow users to create music by inputting data about genre, tempo, and mood. The product would then generate a song based on the user’s specifications. The team planned to market the product to amateur and professional musicians who wanted to create new music quickly and easily. Management provided the team with resources and support, but it was up to the team members to use their creativity and expertise to achieve the goal.
Despite some disagreements among team members, they were ultimately able to utilize their individual strengths and come up with a creative solution that met the user’s needs. The team’s success demonstrates the importance of supporting and harnessing creativity in the workplace. Management should create an environment that encourages creativity and innovation, while also providing the resources and structure necessary for team members to be successful.
Despite this groundwork, the team’s problems with procedures prevented it from achieving its objectives. The interactions among MGI’s members were characterized by severe conflicts, personality clashes, and a scarcity of direction (Henry Tam, 2003, 18).
The team’s primary goal was to develop a marketing plan for new software products. However, the team members were not able to agree on how to proceed. Management provided little guidance and did not step in to resolve the conflicts. As a result, the team was unable to complete its task and failed to meet deadlines.
In order to achieve its goals, the team needed to improve its communication and teamwork. The team members needed to learn to work together and trust each other. They also needed to develop a clear and effective plan of action. Management should have provided more guidance and support in order for the team to succeed.