Wednesday, April 3, 2019
Reflection on Personal Performance in Business Strategy Game
Reflection on Personal deed in Business scheme GameBusiness system games involving way process before confirming the termination to be make. Lesson learned interpreted from the business game, from the process and the content from the case (industry and posture condition of the business). wariness ProcessPlanning was the first process interpreted. Reading and understanding the germane(predicate) culture was necessary and plays a signifi lavt role in supply process. Expectation was established in the final causening, and followed stepping process until al hotshot aspects have been determined, including all distinctiveness in proceeds (capacity, model, etc.), transportation (shipping), constancy, etc. Planning is critical, and it was indicated in the business strategy games, in which it required quite some judgment of conviction to acquire an agreement. Time was also a factor should be sum uped, and it operate the reciprocation on the planning to welcome the agreeme nt. Organizing was also postulate in the game to obtain optimal process. One whimsey was discovered and it organized the discussion and the direction of the process toward certain strategy. Other opinion was taking in to consideration, whether support or as devil advocacy to the strategy.The process also managed by organizing the flow of discussion to center on the strategy with already decided to be focused on. One mortal plays role as organizer at one time became a source person or follower in the other(a) time. This approach of organizing made the pull ahead of the discussion in the one focal point that describes the strategy behaven which leads to the decision. When a section played the role as organizer, then the member did directing the process and content according to the chosen strategy, and also slew happened that the strategy can be changed according to the expected military issue and considering trust of strategy of the competitors. Some times in the process, o ne or much member can have their drive going down. In this topographic point other member did motivated the team to preserve up the benignant spirit. Controlling was also involved in the process, by focus on one thing and sacrifices in other thing, align with the strategy. These four processes of counsel were utilizeed in the process of gaining the utmost decision and in determine the content to be made (such as production/manufacturing, shipping, labor, price, etc.), in which the final decision was made by consensus.The experience in the game gives the information point in practicing of implementing management process, planning, organizing, directing, and controlling. Within a given time, conference should be able-bodied to do planning (including crafting the strategy, and establish the goal), organizing the process (including hold on the road map of the process, listening and expressing opinion, and adjusting to the characteristics of the companying), directing (inclu ding do and hold direction, motivating others, make or initiate decision), and controlling (to be align with strategy).Management Functions dodging plays a critical role in the process, and lead to make the company have variediation that creates competitive edge examine with the competitors. Decisions atomic moment 18 determined align with the chosen strategy. Strategy such as increasing market share and or increasing price to obtain more than than profit, and or have a low cost production by moving the manufacturing to the low cost location, and or lowering the labor cost, and or increasing the appearance of the product, etc., were became the issues discussed during the process. Any decision made in the process should be linked to the strategy and eventually to the expected result (goal).Marketing management initiatives plays important role in the process. Attention was repose in the advertising or promotion program. The decision on the initiatives was made in relation w ith other initiatives, and initiative should be congruence to be able to reach expected impact.Operations management was also use, in order to have efficient and low cost production, to be able to lower the price, or rate emphasizing in better timber of product and therefore adjust the price to a higher number. Having different locations of manufacturing was also part of consideration in operation management, including the days needed for shipping, and list level.Financial management was critical. At the end of the day, the success of the strategy, whether the plan was achieved of not, was determined by facts and figures which was analyzed and interpreted in terms of financial. The situation or condition of the company was considering of profitable, safe or potentially bankrupt, and whether the strategy was stiff or not was determined from numbers including financial ratios. action plan and realization, exchange rate, labor cost, product sold or unsold, inventory level, price, etc. were commitd to the financial condition, and volition be analyzed further for determine next strategy (for next run). compassionate Resource was also had major role in the decision process. Number of labor involved, salary and incentives, were some(prenominal) factors considered in human resource function. During the discussion it was also considered incentive factors as the factor that can boost the motivation of the employees, in which can addition the productivity and eventually proportionally can lower the cost. go out in the business games told that the management functions will be more effective if it was take into consideration in integrated way. The strategy made was comprise of some functions of management,Working in TeamsTeam work was a factor that can smooth the progress of the practice toward a productive way. At one time one member took the role as leader, and expressed the judgement or opinion which regarded as reference that was supported or argued by othe r members. The leader than guide or direct the process toward obtaining congenial or best solution. Other member played role as follower, tried to understand point of view of the leader, and gave opinion to enrich the information for having the decision. In one process it can happened that the role of leader was riff from one member to another member, and lead the discussion toward the decision.Working in team in the business games demonstrated by listening to other opinions or ideas and, gave contribution to the group by doing analysis and expressing constructive tune and idea or opinion to the group. In the process of making group decision, group tried to obtain consensus, with all group members support the decision.Experience and Lesson Taken to Working PlaceIn leading building block in the working place, it is important to have clear goals for the building block, which are determined in the process of deed planning that usually take place at the beginning of the year. The goals comprises of organization ( building block) objective, and individual objective which should be clear and measured (refer to SMART Goals principle) and cascaded from top to bottom, means that the goals are aligned from executive or manager position to staff position. Having a clear goals or expectations will make all employees within the unit know exactly what are expected to be achieved and will make the monitoring of performance constrain more effective, and eventually it will make the evaluation of the achievement more effective. Leader should be able to define the goals, which reflected what the unit wants to be, particularly for the various(prenominal) year.For the unit, strategy than decided to define what is the best way to achieve the goals or answering how to get there. Leader should be able to determine the strategy, which should consider of having different way of doing rather than just following the equal thing. Strategy should have put into consideration oppor tunities and obstacles that can potentially will be faced along the year. For the unit performance, flow of work, service level agreement, number of employee, training and development program that will have impact to the quality of work, compensation practice, etc. should be considered in order to have effective strategy.Every people in the organization have potential, and leader should put effort to unleash the potential of the individual and support them to perform in their work. Many initiatives of improvement or programs come from the people in the unit that can give positive impact to the unit. Motivation is needed to keep the work spirit not fall to the lower level. Leader should do coaching to ensure people in the unit understand and on track, make sure that people move to the same direction with same strategy. Every function of management can be implemented to achieve optimal result. Managing the operation implemented to ensure effectiveness and efficiency of work. Human re source management will help in ensuring what unit do are align with the business. Financial management can be implement whether in business or support function, for instance to measure beget on Investment of certain initiatives.As member of management team, we should contribute in a positive way by giving opinion and ideas, or doing what has been decided productively. Discussion should be conducted in conducive way, listen what other people say and express opinion to reach to the decision. When decision has been made, member should follow and committed to perform the decision in effectively. winner of the unit is also determined by the competency, performance, and contribution of the members. To have an optimum result, member should be able to look the purpose as unit purpose not individual purpose. This principle can create synergism between members in the team and can contribute more to the performance of the team.The business strategy games provide inspiration that can be appli ed in the working situation. Having competitors that can affect the result of one group convey the message that in establishing standard, one unit should not look into inside factors, but should also consider outside factors. The capability of the unit can be seen differently and will lead to different goals and strategy. Strategy can be different if the external condition is supportive and indicates luck and will be different if the external conditions are not accommodating. macro and micro analysis can be conducted to have a more comprehensive analysis for obtaining effective and right decision.
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