More Brains - Better Gains?: Supportive Approaches for Group Decision Making Processes

Seminar paper from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of applied sciences, Cologne, course: Soft Skills & Leadership, language: English, abstract: Decision making in groups is commonly considered to be more productive and valid than individual decision making. But due to behavioural scientific approaches it has been evaluated that results of group decision making are often inappropriate due to different harmful phenomena and mechanisms. The following paper will discuss the most essential findings and solution approaches according to group decision making threats, and the solution approaches will be categorized in a matrix to offer an instrument for an easy overview and therefore purposeful implementation of them.