Ten rules for timely task completion in cross-functional teams

Article Abstract:

Ten rules based on work with cross-functional (CF) teams at the Thomas Walter Center for Technology Management at Auburn University are suggested to achieve timely task completion in CF teams. Business enterprises in the country are assembling cross-functional teams to handle complex decision-making tasks. However, there are four hindrances to decision making in CF teams. Team leaders can employ at least one of the 10 rules to overcome these hindrances and help their teams achieve their goals.

Methods, Decision-making, Decision making, Business enterprises, Decision-making, Group, Group decision making

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Effect of R&D expenditures and funding strategies on the market value of biotech firms

Article Abstract:

The effects of funding strategies and R&D expenditures on the market value of biotechnology firms are investigated using multiple regression models. Several independent variables are used in the analysis, including product sales, interest income, collaborative research revenue and stockholders' equity. Results suggest that the impact of R&D expenditures on the market value of biotechnology firms is strongly dependent on the firm size.

Biochemistry, Research and Development in the Physical, Engineering, and Life Sciences, Analysis, Biotechnology industry, Biotechnology industries, Industrial research

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The newest team member wasn't a team player

Article Abstract:

A hypothetical human resource problem involves the recruitment of an academically proficient applicant who could not perform well in a team setting. Gary Drake, the applicant, was hired despite negative interview results and was assigned to a project team trying to establish the feasibility of a new feature being planned for one of the company's major products. Several questions on the problem were raised.

Business Personnel Management, Tests, problems and exercises, Human resource management, Work groups, Teamwork (Workplace)

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