Lecture 4

Question 1

What is the effect of vertical and horizontal complexity in selective attention? (Organizational complexity)

Answer 1

1 increased information processing demands
2 prioritization challenges
3 risk of overlooking operational issues
4 communication barriers

Question 2

What is bounded rationality?

Answer 2

Decision makers cannot process Al information, preferences are discovered through a process of search rather than pre-specified and managers do not optimize the latend choice set

Question 3

What is the social network theory?

Answer 3

Performance is the highest for closure within a group (strong internal ties) combined with brokerage (variation) beyond the group

Question 4

What is the social network theory?

Answer 4

A group with

Question 5

What are the three attention related challenges facing managers/ceos

Answer 5

1 volume (where to direct attention)
2 fragmentation (span of attention needed)
3 variety (priorities)

Question 6

How to deal with the attention related challenge of variety?

Answer 6

1 weeding out (categorize on urgency)
2 de-escalation (clearing the table of small fries)
3 minimize pull obligations
4 attention repair (adaptation)

Question 7

What is a strategic agenda?

Answer 7

The formalized set of priorities and plans that guide an organizations actions and decisions

Question 8

What is innovation orientation?

Answer 8

The ingrained beliefs, values and behaviors within an organization that foster and support innovation

Question 9

What is the attention based view?

Answer 9

Organizational outcomes are significantly influenced by where and how managers allocate their attention