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In order to understand the potential for conflict overthe functioning of a finance department, B organisation's newChief Financial Officerhas prepared a power/interest (Mendelow) matrix. How should theChief Financial Officertreat groups with high levels of interest but relatively low power when determining the role of the function?
Suggested Answer: B
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38 comments · newest first
EM
Emogene
11 months ago
High interest means they could influence things later!
MA
Maricela
11 months ago
Wait, why treat them as key players? That seems off.
ME
Merrilee
11 months ago
Keeping them satisfied sounds right.
MI
Mignon
12 months ago
I think minimal effort is too risky.
LE
Leah
12 months ago
Definitely keep them informed!
CL
Clare
1 year ago
I recall that treating them as key players seems too strong since they have low power, so I think option A makes the most sense.
DA
Darrin
1 year ago
I practiced a similar question where we had to prioritize stakeholders, and I think the right answer is to keep them informed, but I'm a bit uncertain.
DO
Dortha
1 year ago
I'm not entirely sure, but I feel like keeping them satisfied might be important too, especially if they can influence others.
RE
Ressie
1 year ago
I remember discussing the Mendelow matrix in class, and I think groups with high interest but low power should be kept informed.
HO
Howard
1 year ago
This seems straightforward - the Chief Financial Officer should keep these groups satisfied. That way, they feel their interests are being addressed.
OZ
Ozell
1 year ago
I'm a bit confused by the different options. I'll need to re-read the question and think about the implications of each approach.
NI
Nikita
1 year ago
Okay, let's think this through. The key is understanding how to treat these groups - I'll need to weigh the options and determine the best approach.
JO
Joanna
1 year ago
Hmm, this seems like a tricky one. I'll need to carefully consider the power/interest matrix and how to best manage groups with high interest but low power.
EL
Elvera
1 year ago
I've seen this type of question before. I think the answer is to keep these groups informed, so they feel involved even though they don't have much power.
SE
Selma
1 year ago
Okay, let's think this through step-by-step. The math.hypot() function calculates the Euclidean distance, so that should be easy to check. The other functions are a bit trickier, but I'll give it my best shot.
NA
Narcisa
1 year ago
It seems like CVB could face cyber threats with these new devices, especially if they're on the network. Option C feels really unlikely to be true.
MA
Mabelle
1 year ago
Option A, 'keep these groups informed'? Sounds like the CFO is trying to avoid an angry mob storming the finance department. Better to keep them in the loop, even if they can't do much.
ZO
Zona
1 year ago
A) Keep these groups informed
PR
Precious
1 year ago
C) Keep these groups satisfied
BA
Barney
1 year ago
A) Keep these groups informed
EL
Elinore
1 year ago
Haha, imagine if the CFO just straight-up ignored these groups. 'What, you want to know what's going on? Sorry, I'm too busy for that!' That would go over well.
LI
Linn
1 year ago
D) Treat these groups as key players
GA
Gail
1 year ago
C) Keep these groups satisfied
KA
Kati
1 year ago
A) Keep these groups informed
BE
Belen
2 years ago
Treat them as key players? That's overkill. They may have high interest, but they don't have the power to really influence things. B is the way to go - minimum effort, maximum efficiency.
AL
Aliza
1 year ago
B) Take minimal effort with these groups
MI
Mitsue
1 year ago
B) Take minimal effort with these groups
PE
Pearlene
1 year ago
A) Keep these groups informed
VI
Vincent
2 years ago
I agree, option C is the way to go. You don't want to ignore these groups, but you also don't want to waste too much effort on them. Keeping them satisfied is the sweet spot.
BE
Belen
1 year ago
D) Treat these groups as key players
IV
Ivette
1 year ago
C) Keep these groups satisfied
CO
Cortney
1 year ago
A) Keep these groups informed
BU
Buck
2 years ago
Keep these groups satisfied? That's the key to managing high-interest, low-power stakeholders. You don't want them getting restless and causing trouble.
RO
Rolande
1 year ago
Treat these groups as key players
JA
Jacinta
1 year ago
Keep these groups satisfied
JE
Jeanice
2 years ago
I believe treating these groups as key players could also be beneficial in the long run.
TA
Tammara
2 years ago
I agree, it's important to keep them in the loop even if they have low power.
WH
Whitley
2 years ago
I think the Chief Financial Officer should keep these groups informed.