Note to Instructors

The Marketplace draft has been used in integrated business courses and has proven to be very successful in forming balanced and harmonious teams. In several years of use with both undergraduate business majors and MBA students, there have been virtually no complaints about the equity of workload or personality conflicts. There are still differences in the quality of the work, but the teams seem to be happy with their members.

 

The description below is has been used to form from 5 to 18 teams. Credit for the sports-type draft system goes to Ron Decker at the University of Wisconsin, Eau Claire. It is highly recommended


 

Students are from multiple disciplines – sample assuming 6 teams are being picked

  • The teams for the Marketplace exercise will be picked by students.
  • Six teams are to be formed.
  • To ensure proper balance, a sports'-type draft will be used.
  • During the class period before the draft will occur, all students will briefly introduce themselves to the class in much the same way they would introduce themselves to a prospective employer. The goal is to persuade the rest of the class that the student has the necessary skills and motivation to make a contribution to the team.
  • The Marketplace draft will take place during the next class following presentations of resumes.
  • Six students with either a management or human resource concentration or a general business major will be selected to serve as initial team captains. The team captains will be announced during the class when the resumes are presented.
  • As a condition for accepting the team captain position, the student must commit to not reveal any details regarding the order of picking for at least 5 real years.
  • The balance of the students will be divided into four groups based on their majors (Accounting/Finance, Marketing, Logistics/Operations and all others). Each of the four groups will be assigned to one of the four drafts.
  • The order of selection by the team captains will be randomly determined, and change with each round of the draft.
  • On the day of the draft, the initial team captains will be free to pick a second person from those with accounting/finance as a major.
  • In the second round, the captain and his or her first pick will decide together on who to pick from the marketing students as the third member of the team.
  • In the third round, the team will pick the fourth member from the logistics/operations majors.
  • In the fourth round, the team will pick from among the remaining students.
  • The entire class will convene at 8:10 am to receive final instruction on the mechanics of how the draft will work.
  • Team selection will begin at 8:20 am.
  • Team captains will pick the second person at an interval of 1 minute (i.e., team 1 will pick at 8:21, team 2 at 8:22, team 3 at 8:23, etc.).
  • There will be a 10 minute break between rounds while each team confers on its pick for the next round.
  • If there are not enough students in a major, then a random set of students will be selected from another major which has more students or just a few students. In any case, there will always be the same number of students as teams to choose from in each draft.
  • Once the team captains and other members of the team have decided on the priority of their choices for the next team member, the team captains will go into the hallway to make the pick in secrecy. The order of picking will be random for each draft.
  • No one may refuse to be on someone's team.
  • The balance of the class time will be spent in team meetings in order to exchange phone numbers, class schedules and get to know one another.

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