Group Techniques discussion

User Generated

erqsnypba10

Business Finance

Description

According to James Surowiecki in the book "The Wisdom of Crowds:" When "Groups" are involved in making a decision they normally have better than "house odds," which is 70% of getting it right without having 100% of the facts. When groups make decisions they normally, and consistently hit at about 85 to 90% of the time getting the right answer. However, without the facts being available to any human it lowers the odds to a little over the 50-50 point.

When considering working in groups, remember there is strength in harmony and like-mindedness: however, diversity facilitates "thinking outside the box." "Groupthink" is an example of what occurs when conformity is attributed too much emphasis. The following website provides more information:

http://www.afirstlook.com/docs/groupthink.pdf


What techniques have worked for you in forming groups to solve problems?
Why do you think the technique worked?

Instructions: Your initial post should be at least 250 words.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

here is the work, thanks for being patient. I have ensured that the post meets all requirements. In case you need any clarifications I will be here to assist.

Running Head: GROUP TECHNIQUES

1

Group Techniques
Student’s Name
University Affiliation
Date

GROUP TECHNIQUES

2

Forming groups is an easy way of addressing the issues an organization faces (Forsyth,
2018). The first thing I look for when creating groups is t...


Anonymous
I was stuck on this subject and a friend recommended Studypool. I'm so glad I checked it out!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags