First off, I am sorry to see that this class is coming to an end. I really enjoyed this class, and even though I was not the most vocal during the class sessions, am one of those students who engages by listening. The format was unique, something I’ll touch on later, but one that will be memorable. I also enjoyed hearing about Professor Arvan’s experiences. I think one of the things that helps me to learn the best is hearing about an example, in this case situations that he had faced or lessons learned, something to help it stick in my mind. Some of the lessons that I learned in the course were about the different aspects of human capital, the importance of identities within organization, the value of intrinsic motivation and all of the economic models that we learned about. It was interesting for me to learn about the different aspects that go into human capital, and also about the short versus long term benefits. The way that we learned about it class, with learning the topic first
With the principal-agent model, the actuality of these situations are day-in and day-out situations, but often times the triangle agent model is one that is more factor based. One that sticks in my mind as a situation that I saw from afar was this summer while I was working for large corporation in Chicago. The group that I was with had a main manager, with her reporting to the department head. The group used to be co-managed before another department needed a manager. With the change of a single manager, the manager implemented unofficial teams to include senior members of the team as team leaders, helping her workload in terms of assisting the group. While everyone still reported to the main manager, they unofficially were under the leadership of the two senior group members. With these two senior members, while it was not an official triangle principal agent with direct reports, there was an unofficial triangle situation. I noticed this from the people on the team that I was w