ORGANIZATIONAL BEHAVIOUR ASSIGNMENT SAMPLE

Q1. Existence of bound rationality in a team and show instances of biases

Considering the given case of Mount Everest, evidence shows the chances of bounded rationality in the decisions of a leader. An entire team is compelled to abide by the actions of its leader[1].

As per the given case, Bass reflects that any normal individual who is fit can reach the top of Mount Everest but only they have some income. This shows that only a wealthy person can enroll for mount Everest expeditions and achieve their goal.

One instance of this case shows the attitude of a leader towards its team that everyone is required to listen to their orders whether they like or do not like it. This shows the biases of a power to take undue advantage of its position.

Q2. The idea of Team psychological safety and constructive dissent  and instances from the case

The idea of psychological safety is a concept that strengthens the entire team to take risks on their right path. Mount Everest expedition is a path of risks and uncertainties that requires a strong team with a vulnerable mindset[2]. Things required to build a strong team includes trust among the members and mutual respect. Giving constructive feedback on each one’s performance helps them in continuing their goal.

One instance of trust among the team members shown when jangbu helped its team members who were struggling to reach the camp 1V by giving its rope. This has occurred due to the interpersonal trust in the team.

Q3. Show the lessons for business leaders and corrective action plan for  failure in the organization

Lessons to business leaders

Business leaders got a big lesson from this expedition to think about their team and then think about itself. Taking initiative is a point of difference among leaders and business owners. Furthermore, flexibility in the decisions is essential to lead the team which was not present in the given case.

Contribution to organization failure

In one small-scale business, bounded rationality in the team leads to business failure as every decision requires enough time to identify the alternatives. It is essential to think before every action to avoid problems and issues in the future[3].

Corrective action plan

To avoid the above mention situation by taking proportionate decisions which are rational. Enough time is given to all the users in the business in seeking their opinions to flourish the quality of decisions.

Q4 State the kinds of high aspirations among individuals and their similarities with the business leaders

Individuals who aspire to achieve higher goals are determinant, highly focused, disciplined, and hardworking. These qualities are required in reaching the toughest path like reaching the peak of Mount Everest[4].

Similarly, business leaders possess the same qualities in it to meet the vision of the business and achieve the satisfaction of their followers.

Hall and Fischer are the perfect examples of leaders in the given case of mount Everest expeditions who lead its team to reach the summit of Everest. This entire journey requires a lot of patience, hard work, focus, determination, and initiative. Although the qualities of leaders and the individual who aspire big are similar its execution is different.

Likewise, business leaders utilize the same attributes to lead the team, which Hall and Fischer utilize in leading their effective team to reach the summit[5].

 

 

Bibliography

Cohen, S. L., Bingham, C. B. and Hallen, B. L., 2019. The role of accelerator designs in mitigating bounded rationality in new ventures. Administrative Science Quarterly. 64(4). pp.810-854.

Akan, O. H., Jack, E. P. and Mehta, A., 2020. Concrescent conversation environment, psychological safety, and team effectiveness. Team Performance Management: An International Journal.

Carr, M., Fradin, R. and Uhlaner, R., 2019. Demystifying deal making: Lessons from M&A veterans. The McKinsey Quarterly.

Korpysa, J., 2019. Entrepreneurial Intentions of Students as the Future Business Leaders. In Sustainable Leadership for Entrepreneurs and Academics (pp. 315-324). Springer, Cham.

Kim, L. Y., and et. al.,  2019. What makes team communication effective: a qualitative analysis of interprofessional primary care team members’ perspectives. Journal of interprofessional care. 33(6). pp.836-838.

 

[1] Cohen, Bingham and Hallen. The role of accelerator designs in mitigating bounded rationality in new ventures. Administrative Science Quarterly. 64(4).  [2019] pp.810-854.

 

[2] Akan, Jack and Mehta. Concrescent conversation environment, psychological safety, and team effectiveness. Team Performance Management: An International Journal. [2020]

 

[3] Carr, Fradin and Uhlaner. Demystifying deal making: Lessons from M&A veterans. The McKinsey Quarterly. [2019]

 

[4] Korpysa. Entrepreneurial Intentions of Students as the Future Business Leaders. In Sustainable Leadership for Entrepreneurs and Academics  [2019] (pp. 315-324). Springer, Cham.

 

[5] Kim and et. al. What makes team communication effective: a qualitative analysis of interprofessional primary care team members’ perspectives. Journal of interprofessional care. 33(6).  [2019] pp.836-838.

 

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