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Principal Agent Model

Just like a lot of other classmates’ blog posts, I do not think I had a situation like this in my life where I had to be in the triangle situation with two principals. However, I have a friend who is four years older than me and she told me about what makes her feel drastic about her work that I believe fits well into a triangle principals-agent model. My friend works as the journalist of a top news channel in Taiwan. After graduating from college, she accepted the offer as it was what she was passionate in and was a decent paying job. She wanted to deliver the news on camera of the matters that needed people’s attention to, so that through her, those in need can be helped. Every morning, her team had an internal meeting on the topics that each journalist will do research on and also on the topics that will be broadcasted that evening. Then the manager of the team would have a meeting with the department head with all other managers in the company. I learned f...
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Discipline & Punishment

Before evaluating the consequences of punishment in work setting, I think it is important to know what the purpose of that punishment is. Is it to get the work done more productively? Then, yes, often some discipline does allow a more productive result. However, if the purpose was to get the relationship straightened up, I believe is a very ineffective and not necessarily meets the goal of the punishment. Personally, I believe mutual respect, or some minor discipline, is more effective in getting the relationship function productively. Punishment and harsh discipline discourage at least to me and demotivate me to alter my attitude. What I consider a harsh discipline is embarrassing, devaluing, and ignoring. Shaming the particular employee/member of wrongdoing in front of the group often is the worst way of disciplining and getting the words delivered. It is a form of attack and attacks stimulates revenge, not repent. Devaluing the particular person’s work also has n...
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Team Production

            If first would like to mention that I liked what we are doing for this particular blog posts. I found all three articles very intriguing and all of them allowed me to think more about the situations and experiments. For that being said, I have a lot to share regarding opportunism and fairness.              There are certainly some examples I can pull out from my past team project experiences where gift exchange was evident. When I was in high school, I attended international “program” of a local private school, where all the classes were held in English for those who want to study abroad. Because the school was not an international “school”, there were many local students who were exposed to English curriculum less (From what I know, international schools are strictly for international students, or students with a foreign passport and I was a fo...
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