Leveraging Group Knowledge for High-Performance Decision-Making

Group Dynamics in a Security Risk Management Team Context: A Teaching Case Study

“…Teams are widely employed in decision-making activities today [1]. This is not at all surprising bearing in mind that teams not only potentially provide an assortment of complementing abilities that any single individual cannot hope to possess and can additionally offer a set of unique perspectives, which may be instrumental in reaching objective decisions.…”

“…Space does not allow cover the same scope and level of details in this paper as presented in the original thesis 1 . The paper is divided into five main sections.…”

Knowledge management

“…Perhaps the most celebrated of such mechanisms for knowledge exchange are Communities of Practice. The concept of Communities of Practice emerged in the field of educational research (Lave & Wenger, 1991); it was later described as groups of people with a shared concern for a problem or topic, who deepen their knowledge and expertise by interacting on an ongoing basis (Foote, Matson, Weiss, & Wenger, 2002).…”

Knowledge-based collaborative decision making in product design

“…Consequently, mistakes are repeated and companies spend scarce resources reinventing solutions that were previously resolved. Furthermore, many organizations face difficulties in transferring knowledge from one organizational unit to another (Foote, Matson, Weiss, & Wenger, 2002). Prevailing knowledge management research lacks the dynamics to meet the different requirements from different design processes (Robert & Veryzer, 1998).…”

“…Knowledge workers have always had the option to draw on the knowledge, but in the past such exchanges have typically been limited to small, local groups and to personal networks. (Foote, Matson, Weiss, & Wenger, 2002) K8…”