Managing the Company of the Future Peer-graded Assignment: Final assignment

Managing the Company of the Future

Peer-graded Assignment: Final assignment

1. Project Title

Ans : Value Case Study 

2. Using the language of this course, how would you describe the way activities are coordinated in Valve? Please provide some examples. (Maximum word count: 100 words)

Ans : The coordination of activities within Valve is based on emergence. The teams organize activities in a self-organizing way with a limited number of hierarchical structures. Valve has not implemented classical elements of a bureaucratic organization such as job descriptions or time recording. This set-up supports the organization of activities by mutual adjustment. Individuals of the organization act in a combination of their own best interests and decisions of other members of the organization in self-selected teams. This decision-making process is a good example for companies with a distinct focus on emergence.

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3. What are the biggest strengths of Valve’s approach to coordination? (Maximum word count: 200 words)

Ans: The strengths of Valve’s approach are that creative processes are supported by a limited bureaucracy. Without these boundaries Valve’s has the possibility to produce and react in a very short response time to market requirements and could reduce the time to market. By establishing team structures through self-organization, a structure is created which could fully focus on the delivery of products to the customer needs. The empowerment of the employees is an underlying basis for creative processes which are not limited by the boundaries of a company with a high bureaucracy.

4.What are the biggest weaknesses of Valve’s approach to coordination? (Maximum word count: 200 words)

Ans: The biggest weakness of Valve's approach to coordination is that it lacks oversight mechanisms that are a contributory element of unconventional management model. Such an approach can set limitations to the existing system and incorporates potential hypothetical situations.

5. Using the language of this course, how would you describe the way decisions are made in Valve? Please provide some examples. (Maximum word count: 100 words)

Ans: Valve works through a kind of action-oriented democracy. Without a formal hierarchy, decisions are made through argument and persuasion among peers. You try to make a case for a project, or a new feature, and you succeed if you attract enough people to build a team to start working on the idea.

6. Which forms of motivation does Valve emphasize? Please provide some examples. (Maximum word count: 200 words)

Ans: Intrinsic Motivation is the form of motivation that emphasize values. Examples Playing sports because you enjoy how they make you feel. Staying longer at work because you believe in your work. Using positive affirmations because you want to change your mindset positively. Investing money because you want to become financially independent. Traveling because you want to explore different cultures.

7. What is likely to happen to Valve’s management model as the company grows? Please provide some examples. (Maximum word count: 200 words)

Ans : With the growth of the company the management model revolving around emergence will tend to become much more complex and fragile. It can be extrapolated from the trends that the system will lurch towards a traditional set of rules; whereby, some level of bureaucracy will become detrimental to controlled growth as adopted by Google, over the time. As the company’s population grows, the CEO Newell, will have to start to work as an internal catalyst, to constantly reinvigorate their values with increasing external demands, as in the case of Vineet Nayar(CEO, HCL Technologies, India). Collected wisdom approach adopted at company level, with no set of formal rules or department over seeing the activities, will get a bit inconsistent and eventually, require some level of hierarchy in decision making; example is the system of hierarchy installed by Linux, over the years.

8. (a) Do you think Valve’s unusual model provides useful insights for a large software company like Microsoft, in terms of how it should be managed? And (b) how might a company like Microsoft make use of these insights? (Maximum word count: 200 words)

Ans : Yes, it surely does, Valve has a management model that stunningly encapsulates all modernistic elements: emergence, collective wisdom, intrinsic rewards and obliquity; which large software companies like Microsoft, Oracle, Linux, Electronic Arts have failed to accomplish. Valve’s biggest strength lies in the fine line of boundaries it has holistically managed to incorporate, pushing accelerated financial growth and innovation in parallel. The founders have ingeniously designed a system to direct enabling environment, which ensures the projectile of emergence is at a controlled angle.

9. This final component of the grade does not have a question – it is an evaluation by the peer assessor of the overall quality and style of the student’s answers.

Ans : good.

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