
Group Projects
The
Draft – Choosing The Team: Checklist
Required
Unlike
Major League Baseball (MLB) you will have
to assemble players to make up your batting
order without the opportunity to trade them.
It
is often in the first classes when groups
are made up. Perhaps there is no need to
draw enemy lines in the sand, but your group
mates will form the battalion that will
take on the class. Students commit prolific
mistakes when it comes time to choosing
groupmates, so here is a basic checklist
to consider.
Schedule
Conflict
On
the one hand, business students are taught
how to be effective with resources such
as time. On the other hand, finding a common
time to meet your group is a challenge and
can be a waste of time. After all, in business,
you all work to find a common meeting time.
In school, schedules are rarely in sync
and this causes a problem.
Students
should make groups according to schedules.
Do you prefer to meet on weekends or weekdays?
Are you a night person? If so, make sure
your group is too.
Topic
In
a perfect world, your group should be composed
primarily as a function of the topic. This
is utopian. Reality is that the topic is
secondary to getting the job done and it
should come as no surprise that time is
the single most important variable in all
schoolwork. This said, the topic makes or
breaks a project so make sure you all agree
on one and are confident in getting the
most out of everyone.
Friend
Or Foe
Conventional
wisdom would dictate that you get together
with friends. After all, you know one another
and can avoid any surprises. But one goal
of group projects is to meet new people
who become valuable contacts in your professional
career. So maximize the opportunity. Group
work is not glamorous, it is grueling, time
consuming and tiresome. As a result, finger
pointing could arise. Do you wish to lose
a friend over something as trivial as this?
Recruit
From Different Majors
One
factor to consider is that any class project
– regardless of the particular class
– requires input from all functions.
In Finance, you may be asked to develop
a new security but a complete analysis would
also entail the marketing of the security
to the appropriate investor market.
A
marketing project may entail the development
of a new product to target an emerging market,
but without a rigorous break-even analysis,
the entire context is irrelevant. Remember
the car that Homer Simpson designed at his
long-lost brother's request in The Simpsons?
Each
student brings a different expertise and
will bring their class lessons and textbook
know-how to the project. This completes
the analysis and gives a more thorough,
real life end product.
This
also instills responsibility in other members
and challenges them with a mandate, making
each member a department head or VP.
This
may pose a leadership
conundrum, but the reality is that being
leader is far more than a figurehead position.
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