Please ensure that all team members have read the MBA Student Team Learning Booklet before your first meeting and before they sign the team contract. Copies of this booklet are on LMS.
All team members should meet briefly to discuss each point below openly and honestly. You should address each point in a written contract, which each member should sign. Please note that this contract is done for your benefit and will not be assigned marks, however, it will clarify expectations and ensure an optimum team experience.
The name of your company.
The name of your CEO. You can rotate this role if you really want to, but pre-allocate the dates that each team-member will take over the role.
The name of the person responsible for inputting the team decisions into Markstrat, and contacting Markstrat and/or the professor, in the event of any problems.
The specific responsibilities of each member of the team. Please find out all the skills and experiences of your team members before you assign roles.
Team deliverables and deadlines. What specific goals have been set and when must they be met? You need to allocate time in the schedule for all team members to review and critique each other’s work. Note: you should be prepared to justify your work to your team-mates and make changes that are required by the team overall. For this to work effectively the process must be carried out constructively; please seek to motivate and guide each other and try to achieve the best from every member of your team.
What is your team policy on participation? Will each member participate equally at all times? If not, what exceptions will be made? How will you deal with a member failing to attend a meeting or not submitting their assigned work on time? What steps will you take? Note: You need to tackle problems early on when there is still time to do something about them.
How, and how often, will your team communicate? If a member is running late