Q 2.What is groupthink. Explain Groupthink occurs when the pressure to conform within a group interferes with that group’s analysis of a problem and causes poor group decision making. Individual creativity‚ uniqueness‚ and independent thinking are lost in the pursuit of group cohesiveness‚ as are the advantages that can sometimes be obtained by making a decision as a group—bringing different sources of ideas‚ knowledge‚ and experience together to solve a problem. Psychologist Irving Janis defines
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metrics were used to monitor flow of information. Apart from issues such as Training and Workload management it was observed that existing system functionality was not being utilized. There were data integrity issues throughout the process. Business Solution Detailed end-to-end process mapping from origination to loan servicing was done and 150+ process maps developed. A base lining and benchmarking exercise was carried out and 80+ metrics identified. Genpact Six Sigma and Domain experts worked with
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There are several main causes of groupthink. These include group cohesiveness‚ overall group isolation‚ group leadership‚ and decision-making stress. High levels ofcohesiveness decrease the amount of verbal dissension within a tight group‚ due to interpersonal pressure to conform. This high level of cohesiveness also creates self-censorship and apparent unanimity within the group. Normally‚ group dissension is necessary for good decision-making‚ because it introduce different perspectives to the
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Mr. Sahil Singh Karir‚ Associate Manager‚ Tally Solutions for his contribution towards our report. He answered all our queries regarding the various business processes of Tally solutions and specially answered our queries regarding the implementation of Enterprise Resource Planning (ERP) Solutions for their client Okaya Power Limited. We would also like to extend our gratitude towards Dr. Reema Khurana for providing us with this opportunity to study ERP systems and their implementations at an industry
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SRI SRI UNIVERSITY FACULTY OF MANAGEMENT STUDIES 2013-15 A FIELD REPORT ON MANAGEMENT INFORMATION SYSTEMS OF Submitted by: Group 7 Sameera Tamvada Aveek Raichoudhuri ABSTRACT Management information Systems (MIS)‚ sometimes referred to as Information Management and Systems‚ are the discipline covering the application of people‚ technologies‚ and procedures — collectively called information systems — to solving business problems
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terrible decision? You may have been part of a groupthink event. Groupthink is a term coined by Psychologist Irving Janis. He determined cohesive groups try to maintain unanimity rather than utilize all data to make a good decision (Whyte‚ 2000). Some historic examples of groupthink are the attack on Pearl Harbor‚ Iranian hostage rescue attempt‚ and the Holocaust. The attack on Pearl Harbor may have been thwarted‚ or damage minimized‚ if groupthink was not present. Ambassador Grew sent a warning
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Snapple Case Study Solution 1. From 1972 to 1993‚ why did Snapple flourish when so many small start-up premium fruit drinks stayed small or disappeared? As described in the case study‚ Snapple flourished throughout 1972 and 1993 due to various reasons. Firstly‚ as the owners of Snapple realized that the popularity of no preservative fruit juices was increasing‚ they ceased the opportunity and decided to make a business out of it. As they were the first ones in this business‚ they got a chance
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GROUPTHINK THEORY Groupthink is a concurrence-seeking tendency that can deter collective decision-making processes and lead to poor decisions that induce fiascos‚ (Janis‚ 1972‚ 1982). Janis (1972) defined groupthink as "a mode of thinking that people engage in when they are deeply involved in a cohesive in-group‚ when the members’ strivings for agreement override their motivation to realistically review alternative courses of action. Janis listed eight symptoms of group think: Illusions of invulnerability
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points‚ but in several of those points overlooked a crucial aspect. What was overlooked was that in several of the groups talked about the leader of the group had unquestionable power. The question I would pose is how groups would overcome the groupthink mentality when they have to please appease the ideas of a single individual. In the reading the examples that were used involved the President of the United States and his cabinet members or advisors. In these situations the group seems to consist
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Marketing Case Study (2) Godrej ChotuKool: A Cooling Solution for Mass Markets Q.1. Assess the business scenario for ChotuKool? What are the critical success factors for this product to succeed? ChotuKool falls in to the business of refrigeration‚ to understand the business better let us understand the overall refrigeration business But before that lets looks at the consumer durable market‚ the consumer durable market consists of products from watches to fans. With the help of the below mentioned
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