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Group Decision Making

According to James Surowiecki in the book The Wisdom of Crowds: When Groups are involved in making a decision they normally have better than house odds, which is 70% of getting it right without having 100% of the facts. When groups make decisions they normally, and consistently hit at about 85 to 90% of the time getting the right answer. However, without the facts being available to any human it lowers the odds to a little over the 50-50 point.When considering working in groups, remember there is strength in harmony and like-mindedness: however, diversity facilitates thinking outside the box. Groupthink is an example of what occurs when conformity is attributed too much emphasis. The following website provides more information:http://www.afirstlook.com/docs/groupthink.pdfWhat techniques have worked for you in forming groups to solve problems?
Why do you think the technique worked?RESOURCES: Principles of Management by Mason Carpenter, Talya Bauer & Berrin Erdogan Learning.

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