JWI 599 Capstone, week7 summary, 8/18/13
Team CTC had a rough DSS result this week. We left $14M in lost sales to our competition. The production was simply not on target and as the low price leader we ended up completely sold out. Our finances have suffered greatly.
Role plays this week taught us a few important lessons:
(i) Always have the courage to ask ! The worst thing you can hear is no.
(ii) Question your assumptions constantly. What held true in the past may not be true now. Challenge with data.
(iii) Fight for what you believe in. Do not let group think sway you.
(iv) Listen more than you speak. Ensure every team member is heard.
(v) Do not be conservative. Make bold decisions and take risk.
(vi) When in trouble, go back to the strategy and remain aligned.
I need to spend more time with the DSS and help the team with decision making when the debate is unending despite due deliberation. I must become intimately aware of cash flow as it is a GM responsibility.
another exhausting but also exhilarating week
Dr DP
Team CTC had a rough DSS result this week. We left $14M in lost sales to our competition. The production was simply not on target and as the low price leader we ended up completely sold out. Our finances have suffered greatly.
Role plays this week taught us a few important lessons:
(i) Always have the courage to ask ! The worst thing you can hear is no.
(ii) Question your assumptions constantly. What held true in the past may not be true now. Challenge with data.
(iii) Fight for what you believe in. Do not let group think sway you.
(iv) Listen more than you speak. Ensure every team member is heard.
(v) Do not be conservative. Make bold decisions and take risk.
(vi) When in trouble, go back to the strategy and remain aligned.
I need to spend more time with the DSS and help the team with decision making when the debate is unending despite due deliberation. I must become intimately aware of cash flow as it is a GM responsibility.
another exhausting but also exhilarating week
Dr DP
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