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Showing posts with the label groups

The Importance of Simple Communication in Group Development

Group interaction and discussion has an important function in socializing and creating networks of people. When interaction is present groups begin to form around important core shared beliefs and values. Sometimes these groups are formed with a very specific purpose like product development or they are more general directed such as political parties. All groups follow similar patterns as all first start with a discussion. Society is a group that develops off of the conversations that people partake. Whether you are discussing a group of friends, workplace or a nation, at the very core of its identity are the shared ideas and beliefs among its people. Groups that discuss and communicate begin to create agreement around shared values that form their identity. Separated groups form their own identity. One of the first things we should understand about group discussions is that not everything that is said has value for education or research. Most information discussed is shar

The Microfoundations of Solving Complex Business Problems

Solving problems is a natural part of business development. Every organizational will need to solve particular problems if they hope to overcome market challenges and economic environments. The complexity of today’s global business environment requires better decision making that ensures the best solutions are forthcoming to enhance opportunities. A study by Baer et. al (2013) delves into   a theory of the microfoundations of decisions that help to predict impediments to solution formation when complex and ill-structured problems present themselves. Problem formation has always been the fundamental stumbling block and main activity of strategic decision making (Quinn, 1980). Without solutions to problems organizations cannot move forward in their development and may be derailed by personalities, vantage points, bounded rationality, and poor decision-making process that take their toll on profitability.  Complex problems are more likely to be derailed by the microfoundation

Using Groups to Create Company Innovation

Companies that don’t continue to improve eventually decline. Innovation fosters organizational transformation while encouraging the finding of new revenue streams. Research by Dew and Hearn (2009) help understand how hybrid groups can be as beneficial as nominal groups in promoting organizational innovation. Teams that work well together generate more ideas and find more solutions to organizational problems.  Innovative development isn’t a wishful tactic. It has practical dollar and cents outcomes. Organizations that do not change, develop, grow, or adjust fall behind on the market. They stagnate while their competitors blast forward. Product development suffers and revenue declines. Innovation is about breathing new life into a company. The very design of teams will determine their level of success. For example, social loafing occurs when one person doesn’t put enough effort into the team but receives the same benefits. Cognitive and social benefits from interaction can h