Henry Tam and the Mgi Team - 1525 Words

The MGI Team Case Study is a lesson in the difficulties faced by a team with inadequate leadership. Indications of possible problems in the group’s functioning were evident even before the MGI team’s first meeting. At that time, the group consisted of the three founders of MGI and two Harvard Business School (HBS) second year students. The heterogeneous nature of the group was an area of possible conflict. Three or perhaps four different cultures were represented on the team. Two of the founders were from the Ukraine and remained very close to the culture. The third founder was from St. Petersburg, Russia and was considered by the other two members to be more Americanized. Dana, the first student selected to join the team, was the†¦show more content†¦The students were initially unclear about their roles in the team, but eventually emerged as the strategic direction setters. The team naturally progressed into two different sub-groups. One consisted on the three founders of the company (the Russians) and the second comprised the two HBS students. The founder/Russian team wanted the company to pursue the entertainment market, and their focus was long-term direction of the company rather than the immediate need to produce materials for the HBS business plan contest. This sub-group’s norms were high commitment to the team, creativity, an informal and disorganized approach to the work and high conflict among group members, this latter characteristic likely a product of their Russian culture. The student team was extremely goal oriented and eventually focused on taking the company in an initial direction to market the product toward the educational market. Their objective was meeting the immediate requirements of the HBS business plan contest. The norms of this team were high cooperation between Henry and Dana, high levels of preparation for the meetings and a more structured approach to the problems at hand. Henry and Da na demonstrated their cohesiveness in the fashion that they strategized together and played good cop/bad cop to deal with Sasha’s aggressive obstinacy toward ideas brought forward by Dana.Show MoreRelatedHenry Tam The MGI Team4226 Words   |  17 PagesExecutive SummaryMGI team were left with three weeks to come up with a business plan before the time line for the Harvard Business School (HBS) Business Plan Contest. The seven members in the team comprised of the three founders - 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 conflictsRead MoreHenry Tam and the Mgi Team Case2037 Words   |  9 PagesHenry Tam and the MGI Team Case Characteristics of group formation and team processes are highlighted in the Harvard Business School case of Henry Tam and the Music Games International (MGI) Team. The MGI founders sought to improve the commercialization of their music game by launching a team to market their product and develop a business plan. The team was formed with positive intentions by the MGI founders; however, the lack of a common goal, defined roles, and a decision-making process hinderedRead MoreHenry Tam and Mgi Team Process996 Words   |  4 PagesHENRY TAM AND THE MGI TEAM CASE STUDY Introduction The Music Games International (Hereafter referred to as â€Å"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 â€Å"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 unconventionalRead MoreHenry Tam and Mgi Team Case Study Analysis.900 Words   |  4 PagesBACKGROUND Henry Tam and the MGI Team have three weeks to submit their business plan to HBS and are struggling to define roles, make decisions and resolve conflict. MGI’s team has diverse talents: Igor and Roman are accomplished musicians. Sasha has a keen business and finance acumen, Alex has substantial experience in music and business, Dav is software developer and an MBA student at MIT, Dana is a finance and banking major and currently a HBS MBA grad while Henry is an investment banker, hasRead MoreHenry Tam and the MGI Team Case - Main Managerial Problem Essay1509 Words   |  7 PagesHenry 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 bringingRead MoreHenry Tam Case1660 Words   |  7 PagesStatement We have to evaluate the performance of a distinctly diverse team aiming to create a business plan for MGI’s â€Å"Music Puzzle† Game to enter the HBS contest. The team comprised of MGI founders, Sasha, Igor and Roman, two HBS students Henry and Dana and subject matter experts Alex and Dav. In addition, we have to recommend actions for Henry Tam, which would foster better team dynamics to accomplish the task at hand. The team, after much deliberation and little success, has just 3 weeks beforeRead MoreDeveloping A Cohesive And Successful Team Essay1365 Words   |  6 Pages The ability to have a cohesive and successful team relies on many standards, including the design of the team and how processes are facilitated (class, session 7). These components can produce an effective team of individuals with â€Å"complementary skills who are committed to a common purpose, set of performance goals, and approach for which they hold themselves mutually accountable† (Katzenbach Smith, page 3). When creating a team with this foundation, management should apply the appropriate interdependenceRead MoreBusiness Plan For Harvard Business School Essay2408 Words   |  10 PagesHenry Tam enthusiastically joined the MGI team, he thought of himself to be a valuable asset. After attending the first few meetings, Henry realized how unorganized and dysfunctional the team was. Some of the issues at MGI were lack of cohesiveness, leadership, communication, and an ethnic superiority complex. The team is not working well with each other and struggling with personality co nflicts’. I will provide an in-depth analysis and recommend actions the MGI team can take to remedy some of theRead MoreHenry Tam And The Mgi Case Analysis2025 Words   |  9 PagesGuo, Ph.D â€Å"Henry Tam and the MGI Team† Case Analysis Florian Popp â€Å"Henry Tam and the MGI Team† Case Analysis Introduction Do you have what it takes to enter the annual Harvard Business School Business Plan Contest? Vison, ideas and concepts are great in theory but are ineffective unless you execute them. This case study shows the struggles of the reality three young entrepreneurs faced when they were trying to build a product. It shows the difficulties in forming a team and most importantlyRead MoreMusic Games International Case Study1882 Words   |  8 PagesInternational (MGI). With three weeks left until the deadline the team project was not close to complete. The team was comprised of the three founders, Igor Tkachenko, Alexandra (Sasha) Gimpelson and Roman Yukab; there was Henry Tam Jr. and Dana Soiman both HBS MBA students, additionally there was Alex Jan Sartakov from Boston Berklee College and Dav Clark from MIT. The team had experienced conflicts and tensions throughout the entire process. The main issues identified for the team s process problems