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Group Decision Making and Strategies

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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.

What techniques have worked for you in forming groups to solve problems?
Why do you think the technique worked?

250-300 words

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Solution Summary

This solution of 239 words suggests strategies in group decision-making and also a personal perspective in effective strategies for collaborative decision-making.

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What techniques have worked for you in forming groups to solve problems?
Why do you think the technique worked?

The techniques that work when forming groups include ensuring that all group members feel included, fostering an environment of communication and collaboration, and establishing well-defined roles within the group to ensure that all group members understand their responsibilities. Group projects ...

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