Professional Documents
Culture Documents
Breakdown
Presented by :
Group 4, Section A
Introducti
on
Ill
Conceive
d Goals
Motivated
Health
Blindness
Consciousness
Indirect
Blindness
The
slippery
slope
Overvalui
ng
Outcome
s
Conclusio
n
Introducti
on
Ill
Conceive
d Goals
Motivated
Blindness
The
slippery
slope
Indirect
Blindness
Overvalui
ng
Outcome
s
Conclusio
n
Rewarding
employees for
narrow goals
may encourage
them to neglect
and take ends
justify means
path
At Sears the
$147 per hour
sales goal led
employees to
repair what was
not broken
President
Clinton and US
govt.
unknowingly
created the
housing bubble
while trying to
increase the
national home
ownership rate
The
slippery
slope
Indirect
Blindness
Leaders and
managers
setting goals
should take the
perspective of
those whose
behavior they
are trying to
influence and
think through
their potential
responses
Remedies
Concept
When managers
set goals and
incentives to
promote
desirable
behavior, but
encourage
negative one
Motivated
Blindness
Example
Introducti
on
Ill
Conceive
d Goals
Consider
alternate goals
that may be
more important
to reward
Overvalui
ng
Outcome
s
Conclusio
n
Introducti
on
Ill
Conceive
d Goals
Motivated
Blindness
Indirect
Blindness
The
slippery
slope
Overvalui
ng
Outcome
s
Conclusio
n
Motivated Blindness
Definition:-
2008-FINANCIAL CRISIS
-The independent credit rating agencies gave AAA rating to
collateralized mortgage security of low quality.
-This lead to severe foreclosures thus making thousands of
people homeless.
-The top credit rating agencies(Standard & Poors,Fitch and
Moody)got paid to rate the top financial institutes without
proper assessment to get access to new clients.
BARRY BONDS
-Became a star in 2007 by surpassing Hank Aaron of
hitting most number of home runs which was the most
coveted status in Major League Baseball.
-Management failed to investigate the rapid changes in
Bonds physical appearance and increased power.
-Increase in home runs resulted in swelled ballpark
attendance and profits.
Introducti
on
Ill
Conceive
d Goals
Motivated
Blindness
Indirect
Blindness
The
slippery
slope
Overvalui
ng
Outcome
s
Conclusio
n
Overvaluing Outcomes
Definition:
Examples:
Story of a quick tempered Brothers:
- Two short tempered brothers- Jon and Matt, neither of whom has a
criminal record.
- A third person insults their family.
Case
Intention
Outcome
Matt accidently
hits him and the
guy is dead.
Remedy:
Examine both good and bad decisions for their ethical
implications. Reward solid decision processes not just good