Lecture 10: Managing the New Product Development Team Flashcards

1
Q

Team Size

A

= range from a few to a hundreds of members
= Bigger is not always better
= Larger teams have higher potential for social loafing

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2
Q

Team Composition

A

= Including members from multiple functions ensure greater coordination between these functions
= Firms around the world rely heavily on cross-functional teams for their new product development efforts

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3
Q

Diversity in NDP teams

A

= Diversity in functional backgrounds increases breadth of knowledge base

= Other types of diversity can benefit as well

= However: Diversity can raise coordination costs
-> Individuals may prefer to interact with those they perceive as similar
-> May be more difficult to reach shared understanding
-> May lower group cohesion (Zusammenhalt)

=> Extended contact can overcome some of these challenges

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4
Q

The disadvantage of team brainstorming

A
  • Fear of Judgement
  • Production Blocking
  • Feasibility trumps originality
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5
Q

What are “Functional Teams”?

A

= members report to functional manager
= Temporary
= Members may spend less that 10 % of their time on project
= Typically, no project manager
= Little opportunity for cross-functional integration
= Likely to be appropriate for deviate projects

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6
Q

Lightweight Teams

A

= Members report to functional manager
= Temporary
= Members spend about 25 % of their time on the project
= Typically have a project manager
= Manager is typically junior or middle management
= Likely to be used for deviate projects

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7
Q

Heavyweight teams

A

= Members are collocated with project manager
= Manager is typically senior ans has significant authority to command resources and evaluate members
= Often still temporary
= BUT: core team members often are dedicated to project full-time
= suitable for platform projects

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8
Q

Autonomous teams

A

= Members collocated and dedicated full-time
= often permanently on the team
= Project manager is typically very senior
= PM has full control over resources contributed from functional departments and has exclusive authority over evaluation and reward of members
= may have own policies, procedures, and reward systems that may be different from the rest of the firm
= Useful of breakthrough and major platform projects
= Can be difficult to fold back into the organization

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9
Q

Team Leadership

A

= Team leader is responsible for
- directing team’s activities
- maintaining alignment with project goals
- communicating with senior management

= Team leaders impact team performance more directly that senior management or champions

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10
Q

Team Administration

A

= Many organizations now have heavy-weight and autonomous teams develop a project charter and contract book

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11
Q

What is the project charter

A

= encapsulates the project’s mission and provides measurable goals
= Describes:
- Who is on the team
- Time the members will be on the team
- Percentage if time spent on project per member
- Team budget
- Reporting timeline
- Key success criteria

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12
Q

What is the contract book

A

= defines in detail the basic plan to achieve goals last out in the project charter
= proved a tool for monitoring and evaluation the team’s performance
= Team members sign contract book
-> establish commitment and sense of ownership

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13
Q

What does the contract book usually include?

A
  1. Estimates of resources required
  2. Development time schedule
  3. Results that will be achieved
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14
Q

Managing Virtual Teams

A

= In virtual teams, members might be far apart, but are still able to collaborate intensely

-> This enables people with special skills to be combined without disruption of their personal lives
-> BUT: difficulties in communication may occur
-> Requires members who are comfortable with technology, have strong interpersonal skills and work ethic, and can work independently

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