Thursday, February 20, 2020

Effects of Leadership Style and Problem Structure on Work Group Proces Essay

Effects of Leadership Style and Problem Structure on Work Group Process - Essay Example Thus, I can break down the two components which I think is the most important in the group dynamics – task and relationship. I observed that in our group process of preparing the presentation, there are team members who are task-oriented and is focused on how to get the presentation done. They are very meticulous about punctuality during our meetings, doing our assigned research and tasks and our contribution to the group. They do not socialize that much with the other members of the group for reasons that may range from merely being shy to just wanting to get the presentation done. These group members prefer clarity in communication on what they should do more than the niceties of conversation. There is a downside with task-oriented people though, while task-oriented people can easily be asked to get things done, they are quite boring to work with because they lack interpersonal skills. The other component that fits the description of our group dynamics are those group members who are relationship oriented. For them, doing the presentation is more than just doing our part but also on being nice to each other and that it should be fun. I noticed that this type of group members take time to text and all other group members, not just about our presentation but other things as well. They also take time to socialize and talk about anything and could be pleasant to work with. Good and pleasant communication is important for them to work on their task (Mann, 1959). To illustrate the dynamics of our team when I did my presentation, I have prepared an SYMLOG diagram between this two type of group members in our team. I divided them into task and relationship, and negative and positive. The task and relationship grid describes their grouping and the positive and negative grid tells if their behaviour manifests the positive or negative aspect of the characteristic. I used the big circle for their dominant trait and the smaller circle for their less dominant trait.  

Wednesday, February 5, 2020

Ten Critical Steps for Risk Managers Essay Example | Topics and Well Written Essays - 750 words - 3

Ten Critical Steps for Risk Managers - Essay Example These may include services like having political risk intelligence. Next, risk managers as a way to protect their business in Congo DRC should make a list of the expected political risks and combine them in order to reduce the premiums to be paid for them as a way of protection whether in insurance protection or any other form of protection offered for the business in that country. Communication as another step is very important. This is communication by the risk managers to other stakeholders of the company on issues to do with the company including liability and property coverage, regular updates of the political situation and other logistics issues that may come in handy in prevention of losses from political chaos (Cook, Alston and Raia, 2004). Contract on the issue of risk coverage and any terms of payment in that line should be constantly reviewed and updated. This is a necessary step to be taken by the risk managers who really aim at protecting the business and preventing any form of political loss in this foreign country. Other than contract reviewing, it is necessary for a risk manager to have political risk intelligence which incorporates aspects like political risk insurance of economic and also political events that may occur in that country anytime and that may disrupt the business. This may require working with national intelligence services outside Congo DRC and other trade associations to make this step effective. The country has its own market standard policy conditions and rates that have to be followed if political risk is to be avoided for the business. These may include among others policies on currency conversion or licensing. Export market has its shares of risks that have to be addressed by the risk manager and especially in such a politically unstable country. This includes risks like nonpayment or even frustration of contracts and which may prove detrimental to the business if not effectively addressed by the risk