TEAM EFFECTIVENESS
MODEL
•
Climate Of Trust
This team lacked a climate of trust as it was evident by the way of
criticism the members displayed individually when given a chance in
self-critique time by the coach. This is in contrast to the junior varsity team
who never singled out anyone but made global comments about details everyone
needed to practice upon.
•
Performance Evaluation And Reward Systems
This was lacking for the varsity
team since coach had employed a new risky technique wherein he carried out the
weight work-outs during normal racing season. This lead to the expected low
performance of the team during league and new York state championships. The
team was dejected by the continued low performance . Due to lack of rewards and
positive reinforcement, they were consistently de-motivated. while JV’s had
nothing to lose, it was embarrassing for the varsity team to lose consistently.
COMPOSITION
•
Personality
The coach also made a note if the
person in the team was a “pessimist or optimist” , “a leader or a follower” ,
“a team builder or a team disrupter”. However, we find that varsity team lacked
a leader and several members were labeled as team disrupters while the junior
varsity team had no team disrupters.
•
Member preferences
Also, the coach asked for critical
e-mails to be forwarded to him and supportive
e-mails to be shared with each other . It was found that a few members
of varsity were severely critical of others and were absolutely negative about
their partners. Also, while writing to each other, the messages of varsity team
were consistently negative towards themselves or team while JV’s messages were
positive and supportive.
WORK DESIGN
•
Task Significance
Psychological modeling and
conditioning plays an important role in the team performance . When CEP
training technique was introduced by the coach, It was well received by the JV
team but the varsity players were skeptical about it nad described it as “touchy-feely”.
PROCESS
•
Specific Goals
The JV team had a specific purpose
in mind. Their motto was “not to lose” while the varsity players lacked a
single and consistent motivation. Their motto varied from “row hard” , “never
say die” , “finish clean”.
•
Social Loafing
This is described as a tendency of an individual to put forward less
efforts when working as a team than the efforts he would have put while working
individually. As accused by the several members of the team, many people felt
that they were the ones who were carrying the boat while others were slacking
off.
Conflict For The Coach
The Fashion Channel (Case Study)
Case Facts
›
TFC - Only network dedicated to fashion.
›
Revenues forecasted to be 310.6 millions USD (2006).
›
Market reach of 80 million US households.
›
TFC grew with the strategy of mass marketing till date.
›
Most avid viewers: women aged 35-54 years
Case Facts (contd.)
›
Competition from fashion programming by Lifetime and CNN.
›
Dana Wheeler recruited to build on the momentum and to stave off
the competition.
›
Main sources of revenue are advertising sales and cable
Problem Statement
› Select the best possible
segmentation and positioning strategy for the year 2007
Current Scenario of Competitors
›
Lifetime Fashion Today:
›
Programming Profile :
Fashion news ad information
›
63% Female viewership, highest among the three networks
›
Mainly targeted age groups 18-34 and 35-54 with viewership of
43% and 42 % respectively
›
Average rating : 3.0
Current Scenario of Competitors (Contd.)
›
CNN Fashion Tonight:
›
Programming Profile : Fashion news and features with celebrity
focus
›
45% Male viewership, highest among the three networks
›
Mainly targeted age group 35-54 with viewership of 40%
›
Average rating 4.0 ( highest )
The Segmentation Scenarios to choose from
› Scenario 1
›
Broad multi-segment approach
›
Cross-segment of Fashionistas, Planners & Shoppers and
Situationalists
› Scenario 2
›
Focus on Fashionistas
›
Target group : Females aged 18-34
› Smallest segment targeted,
thus drop in viewership
Current Scenarios to choose from (Contd.)
› Scenario 3
›
Dual targeting approach
›
Targeted segments : Fashionistas and Shoppers & Planners
Scenario 1 analysis
› Average CPM decreases by .20, but it
gives opportunity of an increase in average rating of 1.2% with revenue $2,376
per minute from advertisements which yield advertisement revenue/year of
$249,080,832.
› This figure is greater than current and base
outcomes.
› Brings no extra Incremental Programming
Expense
› The increase of expenses as mentioned in
exhibit 5, it yields $94,908,407 net income which is slightly higher than
current outcome but much higher than base outcome.
Scenario 2 Analysis
› A reduction in average rating of .2%
from the current year, it allows a huge increase in average CPM with $3.50
which brings advertisement revenue/year of $322,882,560.
› This figure is far greater than current,
base and scenario 1 outcomes.
› The expenses and extra Incremental
Programming Expense of $15,000,000
› It yields net income of $151,496,083
which is far higher than current, base and scenario 1 outcomes.
Scenario 3 Analysis
› the opportunity
of both a higher average rating of 1.2% and average CPM of $2.50 than the
current and base years which comes up with advertisement revenue/year of
$345,945,600
› Not surprisingly higher
than current, base, scenario 1 and scenario 2 outcomes.
› The expenses and extra
Incremental Programming Expense of $20,000,000
› It yields net income of
$168,867,232 which is much higher than
all other outcomes. We see also the highest margin of 39% in this scenario.
Conclusion
› After analyzing all the
three scenarios as we find that the scenario 3 is resulting in highest margin,
it is most fisible and appropriate decision to make.