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Relying on SWOT to inform your strategic plans without accounting for cognitive biases results in appalling oversights that ruin profitable businesses and bring down high-flying careers. For example, consider Saraj, a technology startup founder. Groupthink. Overconfidence.
Companies with a diversity of thought and opinion avoid groupthink. Yet neither held him back: he has gone on to have a high-flying career in international finance. I am a proud man of colour who happens to be gay,” he says. “I I am open about my identity so I create a space where others feel safe to do the same. Enjoyed this article?
Maybe you also dream about switching to a career that’s drastically different from your current job. Two careers are better than one. And by committing to two careers, you will produce benefits for both. Instead, a more revealing query would be, “Why do you have multiple careers?” Career Transitions.
Dana explains: “ While many of us experience challenges with the Imposter Syndrome earlier in our careers, high stakes jobs bring on imposter feelings with ferocity. Joel Garfinkle of the Career Advancement Blog shared 5 Tips for Bragging at Work—without Sounding Like You’re Bragging. Find Dana on Twitter at @DanaTheus.
First, if your network has become too narrow, you limit your options in case of a career change, or a downturn in your company or industry. Additionally, you’re more prone to groupthink if you’re not exposed to diverse perspectives and points of view. Given the vagaries of industry disruption, he became concerned.
The web did not invent community-driven brands – just think of Harley Davidson — but technology has surely made the strategy more popular. Without cohesion, there is no common purpose, but without diversity groupthink will set in and eventually that purpose will lose relevance. Yet that’s exactly the problem.
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