Addressing Challenges Of Groups And Teams

Addressing Challenges of collections and Teams
Jill M. Newtran
University of Phoenix
Organizational Leadership/LDR 531
Glen Mathews
June 6, 2009

American International Group (AIG) has been called the superlative corporate failure in American history. The purposes of this paper is to beg off how a training plan collaboratively developed by our scholarship Team and applied to AIG might take in helped that organization with it’s unique challenges. The plan will also attempt to terminus the challenges and benefits of communication, collaboration, and conflict management and is aimed to provide improved effectiveness of groups and teams.
In AIG’s case, it appears that the organizational structure was centralized; that is, most or all of the decisional power rested on a private point in the structure. It appears that the majority of major decision making occurred in AIG’s Financial Products Division by a few key people. AIG took a misguided approach to their fated decision to join in the selling of credit fail swaps (CDS) to insure billions of dollars of structured debt securities backed by sub heyday loans.



AIG was and is very exposed to external factors non under their wangle such as market conditions, political climate, and economic conditions and should have become more organic; becoming more decentralize in structure would have allowed important decisions to be goaded by more than the heads of their pecuniary department.
Yukl (2006) describes groups as having members who do not depend on each other, though they may execute the same type of work. Some of the challenges faced by the AIG financial group were decisions made too hastily, difficulty with the process stage, miss of action planning, and polarization of a few of its top members.
Group collaboration at AIG could and should have involved its leader presenting problems in an unbiased manner, considering alternate conceptions of problems, and using systematic procedures...If you want to go about a full essay, order it on our website: Orderessay



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