Virtual Team Research Project

Notes to Students:

 

The virtual corporations will be run in the Spring 2004 session of the AGV Advanced Simulation.  Your firm will compete and collaborate with all other participants. All necessary materials are online at the AGV.  This includes the online simulation text that you need to read.

In this project, teams composed of students from two universities will compete in the Global View International Business Simulation (advanced level). You will be placed together on a team and provided with a login/password for the simulation as well as e-mail addresses for fellow corporate officers.   

When you receive communications from fellow team members please reply immediately.

Please see your professor/advisor for a full set of requirements and grading specific to your university. All team members are required to write up and keep a copy of the following:

 

The schedule for the simulation is as follows:

Teams make decisions once a week, every week. Each week represents one quarter of annual operations.  Student decisions are due Friday by 9am PST (Pacific Standard Time - San Francisco Time), processed by AGV on Friday and posted by Sunday night - unless otherwise noted on the schedule.

There are no breaks in the simulation.  If your university has a holiday, you are expected to make decisions prior to leaving for break, or during break.

Since you are working with team members online the following management guidelines have been provided for your benefit.

  1. Communication is crucial to success when working online. Determine how you are going to have discussions: e-mail, chat rooms, other & If creating an in-person work environment through AGV chat rooms, AOL, or other communication systems, arrange at least one online meeting time when all team members can be present. Remember you have to work with different time zones. Keep your appointments! Answer your e-mail daily, don't make your team members wait for your response.
  2. Be prepared. Read the text and analyze the simulation. Know your options. Be informed for group discussions.
  3. Organize in Advance. As you begin, one of your first tasks as a team will be the drawing up of your formation documents. These will be a vision statement, a mission statement, an ethical statement and an executive contract (you can refer to the manual for information on these items "Vision and Corporate Design"). Decide how you are going to split the work and how you will handle meetings. Sometimes, work can be divided among strengths (such as accounting, finance, etc..). Sometimes you will need to share tasks or reallocate tasks which become too large for one person.
  4. Think Ahead. Know when your team mates will be on break, talk to one another. Decide before the simulation starts when your final decision set will be submitted. Who will enter the decisions? Who will answer webct mail and communicate with other firms? The more your team can decide and discuss before you enter a situation the better prepared you will be.
  5. Ask Questions. If you don't know ask your administrator. AGV will provide you with excellent support. If you have a question ask your administrator, Jean at globalview@earthlink.net. Be sure you share what you learn with your fellow executive