March 11, 2011

Are we wasting time in RDM ??

What a successful week. Our group achieved a lot and it has become very clear how important the decision-making process is. I was never aware of the significance of making decision and especially the bias we have and definitely should consider. You can see it in every decision and sometimes the sort of bias is really stupid, or maybe it is not? Sometimes we make decisions just on the spot, because  we want to have that sorted. We do not think that this decision is from high significance and other things are a lot more important, is it ok to do that? Picking quite a tender point, I would like to refer to the in-module work we have to do. Making some quick calculations shows that the impact of that project is really low regarding the whole master's degree:

Getting

50%: 0.28 %

60%: 0.33 %

70%: 0.38 %

leads to the corresponding value for the overall mark. The biggest difference in impact is 0.1% on the overall mark. Taking the 80/20 Pareto rule into account leads me to the assumption that the last 20% of marks will cost me 80% of the time. Surely this is thought through quite simply. But I think some people know where I am coming from. So the question is, if we are maybe wasting a lot of time while trying to score high in the presentation. Would it not be a lot better to use that time for the dissertation instead? Looking at this really rational, the answer would be probably yes. BUT as we have learnt this is not the way it works. Crucial is the question what we want. If you are aiming for a distinction and you will take the most out of that you definitely should do it as good as possible. Otherwise it may be alright to just get it done to a certain level and invest the time into the project or PMAs. Again that is a decision everyone has to do on its own and this decision is depending on bias and the personal preferences. So we could not make that decision without bias…?!


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  1. A really great analysis my dear German friend….............
    However i might say that there is a factor that you haven’t concidered…... It is not your fault but the fault of that systems. There are figures that cannot be measured. If we count the satisfaction of doing something that it is good and feeling well with your work i thing the results change a little bit.

    11 Mar 2011, 23:37

  2. Jeff Jones

    What you need to remember is that the point is NOT the mark you get but rather the learning you achieve.

    11 Mar 2011, 23:43

  3. It is the Journey not the destination…................. Odysseus by Homer

    11 Mar 2011, 23:45

  4. Jeff Jones

    Yes, but Odysseus had a bugger of a journey home to Ithaca, but then again perhaps that is appropriate :-)

    11 Mar 2011, 23:49

  5. ahahahhahahahahahahahahahahahahhahahahahahahahahha…...................

    11 Mar 2011, 23:53

  6. Hi Ian,

    Hmmm I like the idea of working in teams but yeah there are times when I have hated being part of a team because some personalities I found irritating and not only did I find working with them hard but demotivating/shattering my self confidence! BUT outside the class I get along with them quite well! I think this is a real depiction of the work environment where one will have to work with all sorts of people with different personalities. It is now we learn how to cope and adapt….I think our project is very important as it is 50% of the degree…. But I feel what we are learning working in teams during the modules like patience, being humble, accommodating, supportive and the list goes on is PRICELESS! If it was only about working on a project, memorizing theories and learning everything from books then did we really have to come to university in the first place ;)
    I know we all know this already and maybe what I just said is not even relevant but well just wanted to share my thoughts! :D

    The journey…..well put Vagelis!

    13 Mar 2011, 08:42

  7. Jeff, I totally agree with you and also with what Vagelis and Nazish said. I actually wanted to write that in more detail, but I had to catch a bus and needed to bring it quickly to an end. But thank you for completing my blog and entertaining me. :) Just to point that out, I am not saying that RDM is a waste of time, definitely not! I just wanted to make people think about it and show the decision making process within the module. I totally agree with that there is a fault within the system as Vagelis said and it is about what you, as an individual, take out of a the module. However the system is there and has its place, similar to performance appraisal, and we have to cope with it to not get lost within it or kicked out. So also the aspect of marks should be taken into consideration to a certain extend.

    13 Mar 2011, 11:01

  8. David

    Hello, everyone. The only think i have to say is that perhaps many of us are not investing enough time to our dissertation and we might think that after the modules we would have enough time to finish it and i think it is not. I am struggling with it and i will better concentrate more on it rather to leave everything to after Easter. The other point is that all of the modules are very interesting and i would like to invest more time on finding out more about each subject, besides with each subject it is possible to go that deeper that even you can do a Phd project. However, we do not have time to concentrate in everything as many of us would like.

    14 Mar 2011, 10:25

  9. Hello, everyone. The only think i have to say is that perhaps many of us are not investing enough time to our dissertation and we might think that after the modules we would have enough time to finish it and i think it is not. I am struggling with it and i will better concentrate more on it rather to leave everything to after Easter. The other point is that all of the modules are very interesting and i would like to invest more time on finding out more about each subject, besides with each subject it is possible to go that deeper that even you can do a Phd project. However, we do not have time to concentrate in everything as many of us would like.

    14 Mar 2011, 10:27

  10. EdeLEN MELO

    Jan,

    The best way that I can see this, is described as follows:

    Course:
    Management for Business Excellence

    Dissertation:
    The topic most include the Management for Business Excellence

    Interesting courses:About Management for Business Excellence

    I know you had experience this with your Leadership module, but I think we can make the most of what we are learning thinking how this knowledge can be included in my dissertation, is it relevant and I think it is the most of the times since we are speaking about the same topic.I see in this tools a lot of potential applications as analytical tools to avoid bias and judgement

    The advice for myself and my reflection for today is : Don’t just count the white team passes, you might miss the monkey

    Please, please , let me know if you think I did not went to the point. I has been extremely useful for me that you told me that…
    :)

    14 Mar 2011, 22:19

  11. Thank you all guys for your thoughts.
    David I think you are totally right with what you are saying about the dissertation adn that the modules are very interesting. And Ede I also agree with you that all we are learning here is linked together and things we are learning in the modules we can actually also apply to the dissertation or at least it will help us to exceed our horizon. Nonetheless I think that at some point we should make a decision to stop or going even more into detail. Regarding the monkey case, yes that is very important to not just concentrate to the white team or one particular topic respectively. And this is what we are doing at WMG. We are supposed to stay focused on something in particular (dissertation) while also keeping an eye on other things to spot possible opportunities (modules).

    15 Mar 2011, 00:16

  12. Thanks for this Jan!

    A lot of people might say I have adopted a softer approach to mini-projects, however, by your calculations, it is now clear why. The learning as Jeff pointed out is of much more interest to me and I don’t feel that being overly pasisonate about achieveing the highest mark in the mini-projects is going to make that much of an impact.

    Plus as Mr. Kitsos pointed out in his e-,ail on Late PMA marks earlier this year, marks are not everything and we are excellent… something like that, not so sure on teh details anymore…

    My advice is work on your mini-projects with allocated time that is suffcient for you and that has been agreed by the team, get as much learning from it, but don’t make it the end of the world. There’s PMAS AND the ALL-IMPORTANT-PROJECT to consider which is ‘where the money is’ (i.e. where most of your grade marks are concentrated if thats important to you)

    Thanks again for this Jan!

    19 Mar 2011, 12:38

  13. Mr. Kitsos?????? Why what i have done to be called MR…...................... Please…........... ahahah…...

    19 Mar 2011, 12:58


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