management questions short answer

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1.

Onboarding “Process by which new employees learn attitudes, knowledge, skills and behaviors required to be effective in an organization”

http://www.forbes.com/sites/meghanbiro/2012/08/22/…

2.

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?

3.

What are the differences between formal and informal groups? Why should managers pay attention to informal groups?


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