Ask Business Management Expert

1. You discussed some important points associated with collaboration and decision making, typically groups that engage in this effort will use critical thinking skills by default.  It is important to engage in professional collaborative efforts to ensure the best decision is made, however there are times when the group may have a disagreement concerning the best course of action.  Certainly this occurs within the learning teams in class on a micro scale and within large organizations on a macro scale.  When opposing options exist the team must determine the best method to conduct due diligence on all options and move forward.  For example, when I worked at a brokerage we had to decide whether we wanted to hire interns for our tier 1 support or full-time employees.  

Interns cost nothing, but full-time employees produced better quality options for our customers. Ultimately we created a blended model to get the best of both worlds - but we did not arrive at that decision without brainstorming ideas.  What do you feel are some other benefits of 'brainstorming' in team based decision making efforts?

2. Good points, there certainly are several issues to consider when deciding how to make the best decision in a collaborative environment.  Some positions, such as sales, operate independently and oftentimes in competition with other peers at the same company.  Working together may not be optimal for the individual employee even though it makes sense for the organization. You also bring up a good point concerning time restraints - individuals may have to take a longer amount of time to come up with a solution while teams can be more effective and efficient. 

 Are there any risks associated with team decisions made under time constraints? Sometimes the team may find themselves challenged by a deadline and not effectively use critical thinking, how can they maximize time in these situations?

3. It is vital to come into any collaboration effort with the correct data, verifiable from research results, to ensure that you are presenting objective information that supports your point. Marczyk,  DeMatteo, and Festinger (2005) discuss the importance of ensuring research results are also valid as defined by following the proper scientific methodology in a study. If the results are not valid, then you are going to enter a situation with data or facts that have the potential to be used against you or nullified in some other way. How would you ensure  any research results used in an collaborative effort are valid? 

Reference:

Marczyk, G., DeMatteo, D., & Festinger, D. (2005). Essentials of research design and methodology. Hoboken, NJ: John Wiley & Sons

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91778455
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As