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Small Group Interaction

Assessment Description

This assignment is designed to help you:
1. Distinguish a group from a team.
2. Gain practical experience in a problem-solving team.
3. Distinguish between task and social roles.
4. Recognize the roles that norms, status, power, cohesiveness, and interaction patterns play in group communication.
5. Identify four stages of group development.
6. Recognize successful strategies group members perform.
7. Understand methods of the reflective thinking process.
8. Distinguish leadership styles.
9. Follow an agenda.
For this small group interaction, you will participate in a finance group as assigned by the instructor. Each group is to assume they have $10,000.00 to invest. Be sure to select a group leader. The group will have the duration of this topic to make as much money as possible in the stock market. Money must be diversified, and groups should avoid being overly conservative. Groups will meet a minimum of three different days during the topic for about 15 minutes each to make adjustments to their portfolios. No unilateral decisions can be made, and all changes must be unanimously agreed upon. During the first meeting, students will need to choose their initial stocks and find a way to track them.
During each meeting, one member will play the role of observer and keep an interaction chart. A student will play the role of the observer only once. Interaction charts must be dated, and copies must be made for each group member to use in their individual papers. The template is provided for you in topic resources.
After your final team meeting, you will create a video about your experiences in the group.
Although you will be working in groups, you will create an individual reaction video between 5-7 minutes in length in which you will discuss the following:

ASSUME GROUP INTERRACTIONS ON THE POSITIVE SIDE. I will personally create the YouTube video based on you write-up.

1. How did your involvement with this group differ from other groups you have been involved with before? Did you consider this a team or a group? Why? What specific roles were assigned to members and how did this affect interaction and performance?
2. What roles did individuals play? What roles did you assume? Did interaction change as certain people were asked to be the observer? Did you notice any of the individual roles emerge? If so, how did the group deal with this person?
3. What norms emerged in the group? Which of these were formal norms and which were informal? Did you notice any change in group members’ attendance during the group project? Did members come early or stay late? Was attendance during the group project better than or about the same as before the project? How did meetings start? What happened the day the group leader was the observer? Relate your ideas to the kind of leadership that emerged in your group. Which of the leadership styles did your group incorporate? Was it successful?
4. How were status and power distributed within the group? What members of the group had status? What members had power? Identify individual members within the group and describe what power bases they were able to use. Were these effective? Did you notice any power plays among group members? What power base(s) were you able to employ?
5. How did interaction patterns change throughout the group process? Did you maintain the same pattern from beginning to end? Were cliques identified? Do you feel the group had adequate interaction, or do you feel other patterns would have benefited the group more? Explain. Do you feel you were a cohesive group? If so, what did members do to reinforce the cohesiveness? If not cohesive, what could the group have done differently? Could you identify any clear rituals performed by your group?
6. What stages of group interaction did your group move through? Were you able to clearly identify all the stages? Did your group get “stuck” in one of the stages? 
7. What kind of agenda did the group follow? Was it closer to the reflective thinking process, or did you create a different kind of agenda? Describe. Was it successful or do you feel there needed to be a different format?
8. Evaluate the overall success of your group. Do you feel you were an effective or ineffective group? What elements of the process were you most pleased with? What elements do you feel need the most improvement? Identify two things that you would like to change if you were to follow through with this assignment again and explain why you feel these changes would be necessary.

Upload your video to YouTube.com, creating an unlisted video link to share with the professor (cannot be private). See the “Uploading A Video,” in Class Resources. Submit the link to your video in a Microsoft Word document, along with your interaction chart and your Stock Tracking Spreadsheet. Include a cover page.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Rubric Criteria

Expand All Rubric CriteriaExpand All

Personal Involvement

4 points

Individual Roles

4 points

Group Norms

4 points

Status and Power Distribution

4 points

Interaction Patterns

4 points

Interaction Stage Progression

4 points

Agenda

4 points

Overall Success

4 points

Mechanics of Writing

4 points

Paper Format

2 points

Documentation of Sources

2 points

Total40 points

Assume you have $10,000.00 to invest in the stock market over 1 week and track it.

You will have one week to make as much money as possible in the stock market.

Money must be diversified, and you should avoid being overly conservative. 

Interaction Chart for Team ____________________________

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