Business Management Powerpoint Assignment (creating a 10 slide powerpoint)
jmawkiavik2
example_powerpoint.pptxWest Coast Transit
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The four team members
Susan is a team player who works well with others and builds trusting relationships and has a mostly positive attitude.
Michael has a positive attitude and is good natured. He looks for the best in others. He is assertive, communicates effectively and works well in a collaborative environment.
William works well with others, engages other team members, is confident in his abilities and is motivated by challenging tasks. He is flexible and able to both lead and follow
Elizabeth has a positive attitude, communicates well and enjoys a collaborative work environment. She is flexible, not afraid of change and loyal
Primary strengths of the team
Strength: All members have good communication skills and can also be relied upon to achieve the team’s objective
Weaknesses: Team members lack attention to detail as well as skills and focus that can contribute to oversights during projects that can led to damages on their confidence. For example Susan and Elizabeth lacks attention and skills on doing project
Positivity of management team
Management of West Coast Transit can establish expectations that would ensure they have achieved their goals despite the diverse personalities of the team.
The management should remain honest about the time constraints for the project. With the need for uncompensated overtime, the team could be offered paid time off after the project is completed (Hanlan, 2004)
Vision for Success
Ultimately, the success for this project team will be measured on their ability to develop a marketing strategy to drive up sales. In order to achieve this, the team must improve their leadership qualities
The vision for success will be achieved by improved communication, fostering critical decision making skills, motivating individuals and improving the collaboration among the teammates. Based on their specialization, the members stand a good chance of achieving the teams’ goals.
Effective motivation Strategies
A characteristic of this diversified group is their ability to complete tasks without being distracted. To motivate the team, emphasis will be placed on creating time sensitive deadlines. When there are given deadlines for each project, there is a substantial amount of more motivation, as opposed to when there are not stated deadlines (Hanlan, 2004)
Effective motivation Strategies
This team was assembled with the idea that they are good at communicating positively reducing the risk that arguments will hinder tasks from being completed. In addition, when this group realizes their project will give the company the opportunity to survive and prosper, they will be greatly motivated (Steemers et.al, 2000)
Team members also show great motivation when there is a challenge put in front of them.
Motivation theory
One motivation theory that is commonly used, but that will not be implemented, is the idea of monetary incentives. Most of these employers are self-aligned with the company; they are not just in it for a paycheck (Steemers et.al, 2000). The team is motivated by a job well done and completing a complex task that will allow the company to prosper. So for this select project, a bonus will not be provided. The team’s reward for the timely completion of the project will be public recognition of their exceptional work
Conflict-resolution strategies
The variety of possible conflicts creates a management challenge. In order to manage effectively, management should, first and foremost, remain honest about the time constraints for the project. With the need for uncompensated overtime, the team could be offered paid time off after the project is completed. Other options for conflict resolution is to select the team leader for the group. This could be based on prior success and nothing else. Honest communication with the entire team will help with process. Stress will be inevitable during this project and ensuring that everyone has an even say in the decision making process will help alleviate both the intra and interpersonal value conflicts.
Leadership strategies
The first strategy is to create an ownership mentality in every member of the team. Ownership is an essential strategy that will ensure that conflicts have been reduced while also improving the ability of the team members to complete their projects in a timely manner (Hanlan, 2004). This will also ensure that a person’s weakness does not affect their confidence in accomplishment of assigned tasks
Leadership strategies
The second leadership strategy that the team should employ is effective networking. Team members should be taught to gather information to achieve their goals without conflict hindering their progress (Hanlan, 2004). Since the West Coast Transit team has diverse personalities, top leadership and management should ensure that the culture of the organization and the ultimate goal of the project has been made a priority. Creating a winning culture will encourage the team to accomplish its goal on time. This will motivate every member to give their best ensuring that they achieve success.
Difficult in decision making in team selection
The team faces the possibility of encountering challenges on deciding on a leader as four members have been with the company for about along time with Bob being there significantly longer than everyone else
The team may be feeling undervalued from working longer hours outside normal business hours and be experiencing conflict at home from the same
In addition, two of the team members have only been with the company a year or less. This could result in ideas coming from ‘well it worked in my last position’ kind of attitude. With off-the-wall ideas the project could potentially be slowed (Hoyle, 2002).
Team members that were difficult to come to a consensus with
Natalie appears to be self-centered. She seeks recognition for her individual accomplishments and has a negative attitude towards her colleagues.
Ian can be arrogant and abrasive. He is unwilling to compromise with other team members, preferring to work alone.
Doug is not the easiest person to work with. He is paranoid and defensive. He portrays a frustrated and defeated attitude. He is known to have a temper.
Tiffany appears to have a lack of interest in her current job and has a jaded and cynical attitude. She is unwilling to put in overtime to get projects done.
Values of Conscious Capitalism
The selected team embodies the values of Conscious Capitalism through voluntary exchange as well as freedom to trade and the rule of law as these are essential to a healthy functioning economy by creating and optimizing value for all of their stakeholders, understanding that strong and engaged stakeholders lead to a healthy, sustainable, resilient business (Hoyle, 2002)
How value is created for each stakeholder
Creating a winning culture will encourage the team to accomplish its goal on time. This will motivate every member to give their best ensuring that they achieve success. The Blue Team believes that they have selected the best individuals to complete the marketing project for West Coast Transit. Therefore, even with the diverse challenges this team will be facing, the team that is assembled will be motivated to accomplish the team’s goal that will positively impact the business as a whole
References
Steemers, K., International Passive and Low Energy Architecture Conference, & PLEA 2000. (2000). Architecture, city, environment: Proceedings of PLEA 2000, Juli 2000, Cambridge, United Kingdom. London: James & James.
Hoyle, J. R. (2002). Leadership and the force of love: Six keys to motivating with love. Thousand Oaks, Calif: Corwin Press.
Hanlan, M. (2004). High performance teams: How to make them work. Westport, Conn: Praeger.
WWCA'97, Masuda, T., Masunaga, Y., & Tsukamoto, M. (1997). Worldwide computing and its applications. New York, N.Y: Springer.
