Final Project Henry Tam and the MGI Team Angela Alvarez Kaplan University Managers as Leaders GM500 Dr. George Sparks January 09‚ 2011 Abstract INTRODUCTION Henry Tam and the MGI Team were given three weeks to design a business plan for the Harvard Business School Business Plan Contest. The team consisted of seven members and had little success in working together. They experienced conflict‚ tension‚ and disorganization throughout their entire project. Henry Tam needed to take
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Executive 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 conflicts
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Henry Tam and the MGI Team Overview MGI is a small music software start-up company founded by three immigrants from Russia. The founders comprised of two composers‚ Igor Tkachenko and Roman Yakub‚ and a business person‚ Sasha Gimpelson. The three founders made up their entire business and when they ended up losing money‚ they realized they needed outside help. To find help‚ they entered the Harvard Business School Business Plan Contest with seven members. The three founders of MGI were joined
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Henry Tam and MGI Team (Section I) Abstract Henry Tam is an MBA student at the Harvard Business School (“HBS”) who was looking for a challenging business project to enter the upcoming Harvard Business School Business Contest. After searching several business projects he decided to join hands with the Music Games International (“MGI”) founders and utilize their business plan as part of the school’s competition. MGI is a small entity‚ which was founded by three unique individuals. Two of the
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In Henry Tam and the MGI team‚ a group of extremely diverse and talented individuals came together to create a business plan for a unique and creative product to compete in the annual HBS business plan contest. This group consisted of two famous Russian composers‚ a seasoned businessman‚ and a group of students from various majors including the HBS MBA student Henry Tam. Unfortunately‚ this mixture of extreme diversity and viewpoints among team members created a fractious team environment that
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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
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Henry 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 hindered
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Henry 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 bringing different experiences and technical skills to help with the business plan contest at HBS. However
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MGT 310 Henry Tam & MGI Team Case 10/02/2012 Members: Ashwin‚ Jared‚ Kevin‚ Michelle‚ Hannah‚ Patrick 1 Identify the problem: What is your evaluation of the MGI team’s processes and outcomes? The MGI team was comprised of seven members‚ three of which were founders: Sasha Gimpeison‚ Igor Tkachenko‚ Roman Yakub‚ Dav Clark‚ Alexander Jan Sartakov‚ Dana Soiman‚ Henry Tam Jr. The evaluation of the MGI team concerning processes and outcomes can be determined by analyzing the five stages
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Overall the MGI team’s process was appears ineffective and dysfunctional. The MGI team comprisedbrought together diverse team members with a variety of professional skill sets. By adding Henry and Dana from HBS‚ this team attempted to buildt a base to launch the product to the HBS contest. However‚ the team failed to define formal roles and objectives‚ and facilitate effective communication. First of all‚ the MGI team did not havelacked any formal structure and leader. Teams comprisednsisted
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