Reference no: EM1378350
Your department was just given a new assignment to pilot and rollout to your company. The assignment involves assembling a cross-organizational team that will be given the responsibility for analyzing different payroll systems that Faraday Enterprises can use, and selecting the best payroll system to implement.
You've chosen Susan, a salaried employee and Project Manager, to lead this effort. Her responsibilities will be to assemble the team, identify potential software products, test them, and move forward with implementing the final decision.
While you know Susan is the perfect choice to lead this project, you also know that she'll be surprised you've picked her and that she might lack the confidence to manage this project successfully.
Knowing what you do about "the self-fulfilling prophecy" and the effect it may have from Susan's point of view, write a memo introducing her to the project and the role she will lead. Be sure to build into your memo information that will help Susan correctly understand her job, and convey your confidence in her that she will succeed in leading this project.
As part of your two to three page memo, address two of the following three mental strategies and shortcuts and how they may affect the group's decision in a negative way.
The availability heuristic
The representativeness heuristic
The anchoring and adjustment heuristic
Finally, identify for Susan two or more ways in which she could improve her thinking and her group's decisions so they arrive at the best possible outcome for their project. Be sure to use APA writing style and reference notation-including citations in your written text.
|
Calculate cost of equity using capm
: Calculate cost of equity using CAPM. Use the rate on the 30-year T-bill for the risk free. Use 5.2% for the market risk premium - Calculate the intrinsic value of the stock using the one-stage dividend growth model
|
|
Question about negotiation
: There is a made up meeting in Samuel Adams Peyton Randolph, John Randolph and Lord Dunmore John Murray to debate the ramifications of independance of the colonies from Great Britian.
|
|
Solving problem with telling everything she knows
: Kate is a wonderful accountant and she just has a difficulty with telling "everything she knows." You discovered this out quite by accident.
|
|
Algorithm analysis with advanced data structures
: Write a program to help the merchants devise a sequence of transmutations that would change silver into gold with the smallest possible total fee paid to the alchemists.
|
|
The representativeness heuristic
: Your department was just given a new assignment to pilot and rollout to your company. The assignment involves assembling a cross-organizational team that will be given the responsibility for analyzing different payroll systems that Faraday Enterprise..
|
|
Question about random numbers for simulation
: The number of cars reaching at Joe Kelly's oil change and tune up place during the last two hundred hours of operation is observed to be the following:
|
|
Model the expression for total revenue
: The relationship d= 5000-25p explains what happens to demand as price varies. Here, price can vary between $10 and $50.
|
|
Woman affect the reader''s overall impression of willy
: Is Willy a likeable character? What words and actions--both Willy's and those of other characters--help the reader form this conclusion and how does the existence of The Woman affect the reader's overall impression of Willy? What does she reveal a..
|
|
Determining probabilities
: There are two more projects in a class before its end, and if you get an A on at least one of them, you will get an A for the semester. Your subjective project of your performance is
|