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Sevi Taviloglu

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December 09

Teams

Team Decision Making
The quality of group decision making is impacted by conformity, and conformity can lead to any of the four main pitfalls of group decision making.
Conformity occurs when people bring their behavior into alignment with a group's expectations and beliefs. Why do people conform? There are two main reasons: 1)They want to do the "right" thing and 2)They want to be liked.

Decision-Making Pitfall 1: Groupthink occurs when team members place consensus above all other priorities. The desire to agree becomes so dominant that it can override the realistic appraisal of alternative courses of action. How to avoid:

Monitor team size (With teams larger than 10, individual members may feel less personal responsibility)
Get buy-in from organizational authorities (When teams believe that their decisions are important, they are more likely to make sound decisions)
Provide a face-saving mechanism (Often, face-saving concerns keep people from changing course)
Adopt different perspectives (Perspective of different stakeholders)

Decision-Making Pitfall 2: Escalation of Commitment: Committing further resources to what eventually proved to be a failing course of action. How to avoid:

Set limits (Determine what criteria and performance standards will be necessary)
Avoid the bystander effect (Avoid to do nothing out of fear of acting foolishly)
Avoid tunnel vision (Get several perspectives on the problem)
Recognize sunk costs (Money and/or other commitments previously spent cannot be recovered)
External review (In some cases, remove  or replace the original decision makers from deliberations)

Decision-Making Pitfall 3: The Abilene Paradox: A form of pluralistic ignorance; team members adopt a position because other members desire it, team members don't challenge one another because they want to avoid conflict. How to avoid:

Confront the issue in a team setting
Conduct a private vote (Dissenting opinions are easier to express privately)
Minimize status differences (Lower status members are likely to feel pressures to conform. Eliminate status symbols like dress, meeting place, title etc.)
Minimize the size of team
Formal forum for controversial views (Segmenting the discussion into pros and cons)
Responsibility for failure (Create a climate where teams can make mistakes, own up to them, and then move on without fear of recrimination)

Decision-Making Pitfall 4: Group Polarization: The tendency for group discussion to intensify group opinion, producing more extreme judgment than might be obtained by pooling individuals’ views separately.
Group Polarization is not simply a case of social compliance; people really believe the group’s decision.

Resource:
Book: Making the Team, a guide for managers (by Leigh Thompson)


November 25

Professonal Relationships - Etiquette

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Six Rules for Effective 'Net-working'
By Robert Half International

Web sites like LinkedIn.com and MeetUp.com, as well as industry conference discussion forums are making it easier for people to expand their professional networks.  But, if you do not use these portals wisely, you can make mistakes that will shrink rather than supersize your base of contacts.

Following are six rules for ensuring your online networking efforts impress rather than offend:

1. Choose your venues wisely.  The best forums for professional networking tend to be those well moderated and frequented by participants you can learn from; many industry associations host their own business forums.

2. Learn the rules.  Before participating in any online discussion group, be sure to read the guidelines.  Also spend some time reviewing the archives or FAQs to get additional insight into the group.

3. Come up with a sig line.   A signature file or "sig line" is a short block of text that can be automatically attached to the end of electronic messages. A sig line can contain your name, company or professional affiliation and contact information.

4. Proofread your posts.  Read your message several times to make sure you're not revealing confidential information -- about yourself or your company -- or coming across as rude or overbearing.  Typos or other grammatical errors can also make you appear unprofessional.

5. Play nice.   Avoid sarcasm as much as possible.  What you view as dry humor may come across as searing criticism in a posting.  Also, always be respectful and tolerant of others' ideas and opinions, and resist the temptation to write a harsh message in response. 

6. Don't steal the stage.   Be selective in your commentary; there's no need to weigh in on every topic.  You'll earn more credibility if you provide insight on the subjects you know best. 

7. Be a resource.   Don't consult your professional network only when you need something; regularly e-mail business contacts to offer your assistance, share a news article or update them on your career progress or a recent business win.

Related link:
www.rhi.com

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November 24

Talent and Skills

A true exemplar of “talent” …

Talent. I love that word!
     So different form “employees.”
     So different from “personnel.”
     So different from “human resources.”
Talent! Just uttering the word makes you puff up and feel good about yourself! … says management guru Tom Peters, and provides a list of intangible attributes that mark “talent” in his book Re-imagine!

A true exemplar of “talent” …

Displays passion. There are enthusiasts … visibly energetic and passionate about everything. Find the enthusiasts.
Inspires others.
The best test: Does this candidate inspire me … the interviewer?
Loves pressure.
Craves action.
Knows how to finish the job.
Thrives on WOW.
Look for the candidate who has a fat “WOW Projects” – special projects, projects that make a difference – Portfolio.
Exhibits curiosity.
There are two kinds of people. There are those who can’t … Stop Asking Questions. And there are those who … Don’t ask Questions. Hire the former!
Embodies “weird.”
There are … weird times. Therefore (simple logic): We desperately need an Eclectic/Weird/Peculiar Talent Pool.
Exudes a sense of fun.
A sense of fun is not quite the same as “energy.” It’s people with a “twinkle in their eye.”
Thinks at a high level.
The challenging nature of today’s affairs does require a decent degree of intelligence.
“Gets” Talent.
Amazon CEO Jeff Bezos says that when he’s recruiting would-be executives, he spends well over half of his interview time discussing their Track Record as a Recruiter and Developer of People. Nothing is more important.

Resource:
http://www.tompeters.com/reimagine/

November 20

Inspirational People

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David M. Rubenstein

The 58-year-old financier is a Co-founder of the Carlyle Group, one of the world's largest private equity firms.


"Since I did not come from a wealthy family, becoming a professional was important to me. I went to law school, got a job at a firm, and learned that law wasn't really the profession it appeared. (...) I got a call from a friend who said: "I just quit my job. Let's start an investment firm." Luck is important
. Had I not met him, I'd still be practicing law."

"I don't feel like I've worked a day in my life. If you are going to be a success in life, you have to love what you're doing."

"I read four to six books a week, 10 newspapers a day. For me that's pleasure."

Resource:
BusinessWeek dated August 20&27 2007, "The Future of Work"
http://www.businessweek.com/magazine/toc/07_34/B40470734futurework.htm
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Technology

What is interactive TV?

The BusinessWeek cover story for November 19 is titled “I want my iTV.” Cliff Edwards explains what iTV is and why we won’t be getting it soon.

What is iTV?

TV is all about instant gratification.
The Net is about me having control.

Put the two together, and the result should be personalized TV, or iTV, which lets me watch what I want, when I want it.
All the technology that would allow us to have iTV is place: fast broadband connections, personal media recorders, instant Web-searching software, high-definition sets.


So why can’t I press a button or two and see root for the next top chef, pull up a YouTube clip, listen to Web radio, have a box pop up on my screen telling me who’s phoning my home, or watch a vacation-themed slide show before forwarding it on to bore my friends on Facebook – all while sitting in front of the set in my living room?


What is holding up the transition to iTV?

Any company with a little piece of control in the way things work today is unwilling to jeopardize its power and revenues until it becomes clear how the new model will pay.

“You’ve got device manufacturers, content providers, service providers, networks, software makers, security providers all trying to sort out how big their piece of the pie should be.” (Kip Compton – Cisco)


To read the whole article, please follow the link below:
http://www.businessweek.com/bios/Cliff_Edwards.htm