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1 – 10 of over 94000Reports on how to make decisions within groups, implying that ifteam decisions are not made properly time can be wasted and incorrectdecisions made. Details various methods, from…
Abstract
Reports on how to make decisions within groups, implying that if team decisions are not made properly time can be wasted and incorrect decisions made. Details various methods, from command to consensus and unanimous decisions. Lists advantages and disadvantages of group decisions, and recommends selecting when and when not to use consensus.
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The purpose of this paper is to illuminate in practical terms research‐based approaches that enable organizational leaders to support effective decision‐making in teams.
Abstract
Purpose
The purpose of this paper is to illuminate in practical terms research‐based approaches that enable organizational leaders to support effective decision‐making in teams.
Design/methodology/approach
A literature review of emerging group decision‐making research was conducted and thematically summarized. The themes were discussed and revised with input from twenty global leaders and a dozen university researchers at a two‐day conference held at Harvard University's Learning Innovation Laboratory.
Findings
What leaders do early on has lasting impact on a team's ability to make effective decisions. Research shows that leaders have the most impact on group decisions at the beginning when they frame the team's goal (purpose), member roles and skills they bring to the group (people), and initial strategies (process). The earlier teams establish these frames the more likely they have put in place the conditions for effective decision‐making.
Practical Implications
The themes illustrate a model that leaders can use when making choices of when to use teams for decisions, how to design decision making teams, and how to launch them.
Originality/value
This article aims to present a unique synthesis of research‐based findings on group decision‐making and offers a simple model for action.
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Wencang Zhou, Zhu Zhu and Donald Vredenburgh
As teamwork becomes more prevalent in organizational decision-making, the influence of emotional intelligence (EI) on team decision-making process demands more research attention…
Abstract
Purpose
As teamwork becomes more prevalent in organizational decision-making, the influence of emotional intelligence (EI) on team decision-making process demands more research attention. This study aims to investigate the impact of EI on team psychological safety and decision-making performance.
Design/methodology/approach
Team decision-making performance and decision quality from a team decision task were obtained from 54 decision-making teams composed of 241 undergraduate business students from a Mid-Atlantic university. Regression analyses were used to test individual and team’s EI relationship with team decision performance and the mediation effect of psychological safety.
Findings
This study provides empirical evidence that individual EI is positively related to individual influence on team decisions. Team-level EI improves team decision-making performance through increases in psychological safety.
Research limitations/implications
The sample size is relatively small, and the participants were business students; therefore, the research results may lack generalizability. Future research is encouraged to explore this topic further.
Practical implications
As teamwork becomes more prevalent in organizational decision-making, the influence of EI on team decision-making process demands more research and managerial attention. The findings of this paper provide insights on the importance of individual/team EI and psychological safety in team decision performance.
Originality/value
This study furthers research showing that emotions are pertinent to social interactions, including group decision-making, and therefore suggests the desirability of investigating other social processes affecting group decision-making.
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Satyanarayana Parayitam and Chris Papenhausen
This paper aims to investigate the effect of cooperative conflict management on agreement-seeking behavior, agreement-seeking behavior on decision outcomes, moderating role of…
Abstract
Purpose
This paper aims to investigate the effect of cooperative conflict management on agreement-seeking behavior, agreement-seeking behavior on decision outcomes, moderating role of competence-based trust on the relationship between agreement-seeking behavior and decision outcomes, and mediating role of agreement-seeking behavior between cooperative conflict management and decision outcomes.
Design/methodology/approach
Using a structured survey instrument, this paper gathered data from 348 students enrolled in a strategic management capstone course that features strategic decision-making in a simulated business strategy game. The data from 94 teams were collected from the student population using a carefully administered instrument. The data were aggregated after running the inter-rater agreement test and the analyzed to test the hypotheses.
Findings
The results from the hierarchical regression of the complex moderated mediation model reveal that cooperative conflict management is positively related to agreement-seeking behavior, and agreement-seeking behavior mediates the relationship between cooperative conflict management and decision outcomes. The results also suggest that competence-based trust acts as a moderator in the relationship between agreement-seeking behavior and decision quality; agreement-seeking behavior and team effectiveness, and agreement-seeking behavior and decision commitment. Results also support mediation of agreement-seeking behavior between cooperative conflict management and decision outcomes.
Research limitations/implications
The present research is based on self-report measures, and hence, the limitations of social desirability bias and common method bias are inherent. However, adequate care is taken to minimize these limitations. The research has implications for the strategic decision-making process literature.
Practical implications
In addition to the strategic management literature, this study contributes to practicing managers. The study suggests that competence-based trust plays a vital role in decision effectiveness. Administrators need to select the members in the decision-making process who have competence-based trust on one another and engage in agreement-seeking behavior.
Social implications
The findings from the study help in creating a fruitful social environment in organizations.
Originality/value
This study provides new insights about the previously unknown effects of cooperative conflict management and agreement-seeking behavior in strategic decision-making process.
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Vicki L. Bogan, David R. Just and Chekitan S. Dev
The purpose of this paper is to investigate whether the gender composition of a fund management team influences investment decision-making behavior. Specifically, we focus on how…
Abstract
Purpose
The purpose of this paper is to investigate whether the gender composition of a fund management team influences investment decision-making behavior. Specifically, we focus on how portfolio choice is affected by team risk aversion and loss aversion.
Design/methodology/approach
Using an experimental economics approach, the paper examines the relationship between gender diversity and investment decisions. Teams of four persons each were given the task of making investment portfolio management decisions.
Findings
The paper finds that team composition does influence financial decisions with regard to the assessment of risk and loss. The paper finds evidence that a male presence increases the probability of selecting a higher risk investment. However, the all male teams are not the most risk seeking. Moreover, having a male presence can increase loss aversion.
Originality/value
In the context of workforce composition, these results could have important implications for team investment decisions driven by the assessment of risk and return tradeoffs. To curb excessive risk taking and loss aversion, the findings would suggest that understanding the role of gender diversity in risk management would be useful in effecting change.
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The purpose of the paper is to classify the full scope of hazards in the way to effective project‐ and decision‐management in teams, and to present team leaders with a practical…
Abstract
Purpose
The purpose of the paper is to classify the full scope of hazards in the way to effective project‐ and decision‐management in teams, and to present team leaders with a practical set of guidelines for coping with those obstacles, towards successful achievements.
Design/methodology/approach
The paper provides a classification of the full spectrum of possible factors responsible for mishaps, faults and failures which regularly tend to occur within managerial and organizational activities at all levels. It goes on to present a set of two tools that, jointly applied, can provide managers with the necessary control to lead more team processes and projects towards successful terminations: the “revised decision square model” and the “capi” model.
Findings
The paper provides evidence in the form of quotes from testimonies of managers who have adopted the proposed strategy for their every‐day use within their teams.
Practical implications
The paper offers a practical step‐by‐step set of guidelines to lead managers towards a relatively high level of control in the management of effective and efficient team decision making and implementation processes, ensuring their route towards successful achievements.
Originality/value
Limited attention has been given in the literature to the studying of practical and applicable managerial techniques to successful decision‐implementation in teams. This paper focuses on this neglected domain, proposing a solution, in the form of an integrative strategy.
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This paper aims to provide team‐leaders and project managers with a practical and easily‐applicable managerial tool for coping with the large number of obstacles that may stand in…
Abstract
Purpose
This paper aims to provide team‐leaders and project managers with a practical and easily‐applicable managerial tool for coping with the large number of obstacles that may stand in the way to obtaining effective, efficient and altogether successful results, in overall management processes of projects and decisions within teams.
Design/methodology/approach
Relying on two previously published managerial tools, the “revised decision square model” and the “capi” model, this paper proceeds to present an integrated model, the team managerial coping flowchart, for the successful handling of team assignments and projects, towards the management of effective and efficient team decision making and implementation processes over time.
Findings
The paper relies on testimonies of managers who have adopted the proposed strategy for their every‐day use.
Practical implications
The model offers a practical step‐by‐step set of guidelines, to lead managers towards a relatively high level of control in the management of effective and efficient team decision making and implementation processes, ensuring their route toward successful achievements.
Originality/value
Limited attention has been given in the literature to the studying of practical and applicable managerial techniques to successful decision‐implementation in teams. The paper focuses on this neglected domain, proposing a solution in the form of an integrative strategy.
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J. Lukas Thürmer, Frank Wieber and Peter M. Gollwitzer
Crises such as the Coronavirus pandemic pose extraordinary challenges to the decision making in management teams. Teams need to integrate available information quickly to make…
Abstract
Purpose
Crises such as the Coronavirus pandemic pose extraordinary challenges to the decision making in management teams. Teams need to integrate available information quickly to make informed decisions on the spot and update their decisions as new information becomes available. Moreover, making good decisions is hard as it requires sacrifices for the common good, and finally, implementing the decisions made is not easy as it requires persistence in the face of strong counterproductive social pressures.
Design/methodology/approach
We provide a “psychology of action” perspective on making team-based management decisions in crisis by introducing collective implementation intentions (We-if-then plans) as a theory-based intervention tool to improve decision processes. We discuss our program of research on forming and acting on We-if-then plans in ad hoc teams facing challenging situations.
Findings
Teams with We-if-then plans consistently made more informed decisions when information was socially or temporally distributed, when decision makers had to make sacrifices for the common good, and when strong social pressures opposed acting on their decisions. Preliminary experimental evidence indicates that assigning simple We-if-then plans had similar positive effects as providing a leader to steer team processes.
Originality/value
Our analysis of self-regulated team decisions helps understand and improve how management teams can make and act on good decisions in crises such as the Coronavirus pandemic.
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Daniel Kauer, Tanja C. Prinzessin zu Waldeck and Utz Schäffer
The purpose of this research is to explore the effects of the diversity of experience and different personalities of top management team members on mediating processes such as…
Abstract
Purpose
The purpose of this research is to explore the effects of the diversity of experience and different personalities of top management team members on mediating processes such as agenda‐setting, the generating of strategic alternatives, and the speed of strategic decision making. Previous research has studied the effects of top management team characteristics on strategic decision‐making and performance by analyzing team demographics such as age and tenure – with ambiguous results.
Design/methodology/approach
In a multi‐case study approach, 46 members of eight top management teams were interviewed and surveyed.
Findings
The study suggests that the ambiguity of research results can be decreased by: introducing more deep‐level measures; and further differentiating the mediating processes. The results indicate that diversity of experience affects agenda‐setting and the generating of alternatives but – unexpectedly – does not appear to affect the speed of decision making. Personality factors such as flexibility, achievement motivation, networking abilities, and action orientation seem to have a clearer impact on decision speed.
Practical implications
This study suggests ways to build successful teams by differentiating between the effects of experiences and personalities of team members. Furthermore, it indicates that teams might be able to compensate for different strengths and weaknesses within the team, and stresses the importance of transparent strategic objectives and leadership.
Originality/value
This study extends existing research by proposing ways to reduce the ambiguity of recent research results regarding the effects of management teams on strategic decision making. It is based on a broad empirical research and offers theoretical and managerial implications.
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Alexander Cardazzi, Brad R. Humphreys and Kole Reddig
Professional sports teams employ highly paid managers and coaches to train players and make tactical and strategic team decisions. A large literature analyzes the impact of…
Abstract
Purpose
Professional sports teams employ highly paid managers and coaches to train players and make tactical and strategic team decisions. A large literature analyzes the impact of manager decisions on team outcomes. Empirical analysis of manager decisions requires a quantifiable proxy variable for manager decisions. Previous research focused on manager dismissals, tenure on teams, the number of substitutions made in games or the number of healthy players on rosters held out of games for rest, generally finding small positive impacts of manager decisions on team success.
Design/methodology/approach
The authors quantify manager decisions by developing a novel measure of game-specific coaching decisions: the Herfindahl–Hirschman Index (HHI) of playing-time across players on a team roster over the course of a season.
Findings
Evidence from two-way fixed effects regression models explaining observed variation in National Basketball Association team winning percentage over the 1999–2000 to 2018–2019 seasons show a significant association between managers’ allocation of playing time and team success. A one standard deviation change in playing-time HHI that reflects a flattened distribution of player talent is associated with between one and two additional wins per season, holding the talent of players on the team roster constant. Heterogeneity exists in the impact across teams with different player talent.
Originality/value
This is one of the first papers to examine playing-time concentration in the NBA. The results are important for understanding how managerial decisions about resource allocation lead to sustained competitive advantage. Linking coaching decisions to wins can help teams to better promote this core product.
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