BUS 101 Lecture Notes - Lecture 4: Fokker E.Ii, Team Dynamics, Group Conflict
Document Summary
Building a successful team for business decision-making: changing economics have caused many companies to downsize and restructure themselves into flatter, more decentralized entities, toda(cid:455)"s (cid:272)o(cid:396)po(cid:396)atio(cid:374)s a(cid:396)e (cid:271)uilt a(cid:396)ou(cid:374)d tea(cid:373)s (cid:271)e(cid:272)ause teams tend to: Innovate faster, see mistakes more quickly: find answers to novel and complicated business issues, take advantages of cross-functional shared services (from vendors to suppliers, more external customer-focused activities. Types of teams: goal: understanding decision making models allows teams to make intentional choices about which model might be most appropriate for the various decisions that they confront. For example, the president calls an unscheduled emergency meeting: the decision is made by authority after group discussion: For example, membership chairperson solicits input on potential recruitment efforts; however, he/she makes the final decision on what events to hold: the de(cid:272)isio(cid:374) is made (cid:271)(cid:455) the (cid:862)e(cid:454)pert(cid:863): For example, the t(cid:396)easu(cid:396)e(cid:396) (cid:272)(cid:396)eates the o(cid:396)ga(cid:374)izatio(cid:374)"s (cid:271)udget: the de(cid:272)isio(cid:374) is made (cid:271)(cid:455) a(cid:448)eragi(cid:374)g i(cid:374)di(cid:448)iduals" opi(cid:374)io(cid:374)s: