Scenario (fictional):
Artificial Intelligence Medical (AIM) Inc. is a very profitable new company. Although it has only been in business for 2 years, it has already doubled the size of its workforce and quadrupled its profits. The CEO/founder has stepped aside recently in favor of a new CEO in the wake of employees’ frustration and social media messages about the benefits inequity and lack of motivation for teams at the company. The new CEO wants to change the way executive salaries are determined and find ways to motivate the project teams. The project teams typically are assigned to an artificial intelligence product, such as a robot that performs routine surgeries or diagnostic software used by different medical units of a hospital for patient diagnosis. The employees all work out of the main offices in Charlotte, North Carolina.
The new CEO has tasked your team of employees with determining a general proposed solution to the inequity in pay/benefits at the company and to address the lack of motivation for the 125 technicians and medical staff that work in project teams of 25 employees each. Each technician or staff member receives a salary of $45,000 per year, while the CEO and vice presidents (VPs) receive $500,000 per year (the CEO also holds 10% of the company stock), and the managers receive $65,000 per year. There are: a CEO, 2 VPs (manufacturing and finance), a marketing manager, a sales/customer service manager, and a technical support manager. They currently outsource the human resources function.
Access the learning activities and readings to assist the team in addressing the checklist items.
Checklist: After identifying the team letter/number and members on the title slide:
Describe the problems based on the scenario.
Describe the overall goal(s) and objectives of your assigned team.
Describe the tasks necessary to realize a successful response to the new CEO, allocating tasks for each member.
Provide a proposed overall salary/benefits solution and provide your team’s reasoning. Support the solution with a short citation from each of two scholarly* articles (citations and references in APA format and style).
Apply at least two teamwork concepts and at least six team process steps from the learning activity for improving the company project team effectiveness and motivation at AIM Inc. to address the assigned response to the CEO.
Explain how each of you, as a team member, contributed to the team success to address the CEO’s concerns.
Have the assigned team member submit the team PowerPoint® presentation in a minimum of 10 slides that includes no more than five bulleted items per slide, in 24-point font, with either:
Explanations of the bulleted points should be placed below each slide in the notes section.