Question: Your executive team is faced with a competitor's product released 6 months ago that is now dominating the market, decreasing your company's market share rapidly.
Your executive team is faced with a competitor's product released months ago that is now dominating the market, decreasing your company's market share rapidly. Your team of VPs and the CEO meet to discuss what to do next. What is the best approach to avoid destructive conflict among your team?
Group of answer choices
Strive for a consensus agreement that satisfies all team members even if it takes months to reach agreement
Strive for consensus but allow the CEO to make the final decision based on the team's input if the team cannot completely agree
Strive for consensus but allow for a majority rule vote of the votes if the decision is needed quickly
Use majority rule rather than consensus because consensus is rarely possible
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