Group Risk Taking: The Constructive Role of Controversy in China

Group Risk Taking: The Constructive Role of Controversy in China

Considerable research has suggested that because of persistent cognitive biases organizations often lack the ability and discipline to take risks effectively. However, group members who discuss their opposing views openly for mutual benefit (constructive controversy) may be able to manage risks effe...

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Veröffentlicht in:Group & organization management 2007-12, Vol.32 (6), p.653-674
Hauptverfasser: Tjosvold, Dean, Ziyou Yu
Format: Artikel
Sprache:eng
Schlagworte:
Brand loyalty
China
Cognitive ability
Cognitive bias
Decision making
Disputes
Errors
Group dynamics
Hypotheses
Innovations
Organizational behavior
Organizational behaviour
Recovery
Risk aversion
Risk behavior
Risk management
Risk taking
Social interaction
Studies
Teams
Teamwork
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Zusammenfassung:Considerable research has suggested that because of persistent cognitive biases organizations often lack the ability and discipline to take risks effectively. However, group members who discuss their opposing views openly for mutual benefit (constructive controversy) may be able to manage risks effectively. Members of 107 teams working in Chinese organizations indicated their constructive controversy and risk taking; their manager provided ratings of the group's innovation and recovery from mistakes. Results of the structural equation analysis supported the reasoning that constructive controversy can facilitate risk taking that, in turn, promotes innovation and recovery.
ISSN:1059-6011
1552-3993
DOI:10.1177/1059601106287110