How much of Blakely’s success is due to her personality and effort and how much to serendipity (i.e., being in the right place at the right time)? Does attribution theory help you answer this question? Why or why not?
Answer to relevant QuestionsDoes hindsight bias affect the factors to which you might attribute Blakely’s success? Why or why not? What are some of the common decision biases or errors that people make? Are there any positive motivational consequences of tying compensation pay closely to firm performance? How is organizational justice a refinement of expectancy theory? Define group. What are the different types of groups?
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