Business-Discussion-

Each LA needs to be at least 135 words.

Learning Activity #1

Pick a change scenario (e.g., restructuring, raises, layoffs, new IT system, new CEO, recession, etc.) and using the concepts and practices from the textbook, describe the elements that might be used to communicate the change effectively. You are not limited to your work environment here. Pick any change scenario you wish.

When responding to other students’ posts, become the “critic” and in a respectful way, assess whether the elements are comprehensive, relevant, and actionable. Substantiate the points of your critique.

Learning Activity #2

Discuss how managers can develop an organizational culture that encourages a high-performing system or a learning organization?

Reference

 

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Business Discussion

I’m working on a Business question and need guidance to help me study.

1. How did Elizabeth Holmes and Theranos demonstrate overconfidence bias? What were the consequences of overconfidence bias for Holmes and Theranos?

2. Why do you think investors would back a product that had not been proven? Do you think investors–such as millionaires Rupert Murdoch, Betsy DeVos, and the Walton family–were also susceptible to overconfidence bias in their ability to pick and ride a winning start-up? Why or why not?

3. What other behavioral ethics concepts might Elizabeth Holmes and investors been susceptible to?