Henry Tam Case

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Henry Tam and the MGI Team Looking to acquire some additional valuable real life experience before the end of his final semester at Harvard Business School (“HBS”) Henry Tam participates in the HBS Business Plan Contest. Together with the members of Music Games International (MGI) team he undertakes an effort to define the strategy of commercialization of the innovative product created by the owners of this start-up company. There are three weeks left before the deadline and the team still does not have a crystalized ideas and plans about how to proceed with the business and its product and the final business plan is not ready just yet. The MGI’s team is very diverse in terms of expertise, skill and background. The company has already developed a very good product and there is a great deal of new, exciting and promising ideas floating around. The teams’ ineffective dynamics however hinder the progress and a thorough overhaul of the team processes is needed to accomplish the successful end result. The founders of MGI have gotten to the point where they clearly realized that the sustainability of the company is in danger. Despite their hard work the company is not generating profit. They knew that they “lack specialized industry and market skills” (Polzer 4) and they need a solid business plan. That is when they turned to HBS Business Plan Contest to gain a free expertise in writing the business plan. The team was formed to undertake business plan creation task. One of the HBS students participating in it was Henry Tam and his HBS classmate Dana Soiman. Henry is a current MBA student with an investment banking and business development experience. Dana is also a current MBA student and has some professional experience in the banking industry. In addition to the two HBS students the team consisted of the company founders: Igor, Roman and Sasha. Igor and

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