Reference no: EM13906713
CASE INCIDENT: Negative Aspects of Collaboration?
Throughout this chapter we've discussed ways that groups can perform well or perform poorly, which leaves an over¬riding question: are the negative aspects of collaboration so severe that we should avoid making decisions and work¬ing in groups?
Groups and teams need more time to process multiple piece of information and coordinate what they know. Daniel Kaheman and colleagues also warn that when committees
So what can managers do to minimize these biases? The problems of coordination and collaboration suggest that we should invoke group decision making only when it ap¬pears that pooling information will lead to better decisions than individual decision making. Experts advise that decision makers receiving advice from teams should always ask whether the team's recommendations contain any self-interested biases. It's also important to see whether the team has developed an emotional attachment to one course of action or has succumbed to groupthink. Finally, run down a checklist of the heuristics and biases we've described earlier in the book to see whether the group might be prone to making these decision errors and groups make recommendations, they've often "fallen in love" with a particular idea and are no longer thinking ration ally. These problems of heuristics and biases (introduced ear¬lier in the book) can be magnified when a group of people are making a decision collectively. Look no further than the U.S. Congress in recent years to see instances in which a group decision-making process might lead to a worse out¬come than if one consistent course of action were pursued.
Questions
1. Think about a time when you've been in a group that had to make a collective decision that didn't turn out well. Can you identify any specific decision-making errors the team made?
2. In the situation you encountered, can you think of any strategies that would have helped make the group decision-making process more efficient and accurate?
3. Can you think of a type of decision that is probably better made by an individual than a group? What types of decisions need to be made by groups?
|
Dividing net income available for the common shareholders
: Lois Kenseth, president of Sycamore Corporation, is concerned about Several large stockholders who have been very vocal lately in their criticisms of her leadership. She thinks they might mount a campaign to have her removed as the corporation’s CEO...
|
|
How prior research does or does not support your hypothesis
: The introduction and literature review should address your research question: why it is important, and how prior research does or does not support your hypothesis, as well as providing a background on what we know about this topic.
|
|
Hedging of an existing asset-cash flow hedges-interest rate
: Wilson Company has 100,000 units of widgets in its inventory on October 1, 2008. Wilson purchased them for $1 per unit one month ago. It hedges the value of the widgets by entering into a forward contract to sell 100,000 widgets on January 31, 2009, ..
|
|
Hat happens if an employee drives the company truck
: hat happens if an employee drives the company truck and gets in an accident? What happens to your property when you die?
|
|
What types of decisions need to be made by groups
: Can you think of a type of decision that is probably better made by an individual than a group? What types of decisions need to be made by groups?
|
|
Creating a venn diagram in word
: A Venn diagram is a useful tool to show the differences and similarities during a comparison such as this. Learn abouyt creating a Venn diagram in word. You can also use Google and Youtube to find a favorite guide
|
|
Mentioning that several account balances were estimated
: On January 13, 2105, Tamira Nelson, the accountant for Pictron Enterprises, is feeling pressure to complete the annual financial statements. The company president says that she will need up-to-date financial statements to share with the bank on Janua..
|
|
What is the productivity of the company
: What is the productivity of the company? What is the productivity per employee? The company needs to reduce costs and reduce the number of employees to 750. How much will the productivity decrease?
|
|
Should slugger accept this one-time special order
: Special order, short-run pricing. Slugger Corporation produces baseball bats for kids that it sells for $36 each. At capacity, the company can produce 50,000 bats a year. Suppose Slugger is currently producing and selling 40,000 bats. At this level o..
|