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In Identifying the Right Members for a Cross-Functional Team, Research

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In identifying the right members for a cross-functional team, research by Baker, Cross, and Wooten found that in addition to having members with the appropriate technical and interpersonal skills, it was also helpful to have members who

Understand how to calculate GDP with given macroeconomic variables.
Grasp the concept of the GDP deflator as a measure of changes in price levels and its calculation.
Understand the effects of purchasing domestic versus foreign goods on GDP.
Recognize the distinction between real GDP as an economic well-being measure versus nominal GDP.

Definitions:

Management Performance Indicators

Metrics used to monitor and assess the effectiveness and efficiency of managerial actions in meeting organizational goals.

Environmental Performance

A measure of how well an organization or country is managing its environmental responsibilities and reducing its environmental impact.

Environmental Management Accounting

An accounting method that tracks both financial and environmental performance of a business.

Financial

Relating to money or how money is managed.

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