Chartered Management Institute

JUNE 5, 2024

If they are open and honest, it develops a sense of psychological safety that others can relate to. Companies with a diversity of thought and opinion avoid groupthink. “It’s OK for leaders to say that they don’t have all the answers,” she says. Leaders must be comfortable with what they know and what they don’t know.

Management 52

Management Diversity Groupthink Article 52

Innovation Excellence

MAY 4, 2020

While many of the most impactful innovations of our time are based on advanced technology and decades of research and development work, there are likely just as many that are actually just novel but surprisingly simple approaches to solve a known problem. Creating outside the box innovations.

Innovation 57

Innovation Constraint Competitive Advantage Creativity 57

Harvard Business Review

MARCH 27, 2012

And yet federally funded research and development — creativity, institutionalized — is down 20% as a share of America's GDP since the late 1980s. Creativity is the most essential skill for navigating an increasingly complex world — or so said 1,500 CEOs across 60 countries in a recent survey by IBM. Take a walk.

Creativity 20

Creativity Groupthink Stress GDP 20

Harvard Business Review

SEPTEMBER 14, 2011

Chirotech specializes in biocatalysis and chemocatalysis, two important subspecialties of biotechnology and chemistry that help develop key biological and chemical intermediates needed for the efficient production of medicines. Polycentric innovation won't work in organizations that promote groupthink.

Globalization 11

Globalization Innovation Decentralization Chemicals 11

Harvard Business Review

MAY 19, 2017

You can get trapped in a version of groupthink, with a single set of shared relationships. Either way, you can end up without the bandwidth to seek out your own projects or skill development. Research what your next move could be and find ways to develop relationships with other leaders. Protect your career options.

Groupthink 15

Groupthink Video Learning-by-Doing Career 15

Harvard Business Review

NOVEMBER 12, 2013

Leaders of color who have developed young talent are 30% more satisfied with their career progress than those who haven’t built that base of support. The more diverse your team, the more likely you’ll have the toolkits necessary to solve the challenges outside your experience — and the less prone you’ll be to the perils of groupthink.

How To 10

How To Diversity Groupthink Career 10

Harvard Business Review

AUGUST 28, 2015

Holacracy, inspired by Agile software development , is optimized for adaptation, making these types of adjustments as a matter of course. In each case, the market leader had a chance to invest or partner with the upstart that eventually disrupted them. These days, every enterprise needs to develop a culture of change.

Groupthink 8

Groupthink Agility Diversity Information 8

Harvard Business Review

JULY 17, 2015

While both had top people, one was dramatically more successful in the market. The underlying premise is that it’s not enough to just hire the right people — those with strong values, great potential, and high competence — and develop them as individuals. You also have to help them work together. You and Your Team.

Team 8

Team How To Efficiency Groupthink 8

Harvard Business Review

APRIL 25, 2017

It’s not uncommon to meet a lawyer who’d like to work in renewable energy, or an app developer who’d like to write a novel, or an editor who fantasizes about becoming a landscape designer. Subsidize Your Skill Development. Taken together, all of us establish a “consensus” view on the markets.

Career 8

Career Groupthink Banking Video 8

Harvard Business Review

OCTOBER 20, 2016

Additionally, you’re more prone to groupthink if you’re not exposed to diverse perspectives and points of view. 85% of your closest contacts are fellow marketers), it’s time to think consciously about how to diversify. If your network is weighted more than 70% in any direction (e.g.,

Industry 8

Industry Venture Capitalist Bond Groupthink 8

Frank Sonnenberg Online

MARCH 7, 2019

In it, he interviewed me about my approach to personal development. I reached out to him to learn more about his approach to personal development. Sonnenberg: Did you ever notice that when you’re in the market for a new car, you seem to notice car ads more than usual? It’s very easy to get caught up in groupthink.

Advice 85

Advice Learning-by-Doing Blog Morale 85

Harvard Business Review

AUGUST 4, 2014

All too often, when marketers talk about their “social strategy,” they really mean a digital marketing strategy implemented on social platforms, rather than using social dynamics to benefit their business. Pepsi actually lost market share and fell to number three in the cola wars for the first time in modern history.

Media 10

Media Marketing Strategy Groupthink Kaplan 10

Harvard Business Review

OCTOBER 24, 2016

Ask what you’d do if you were entrepreneurs preparing to enter your market de novo. The problem was that their strategy development and internal reviews, like those in many companies, didn’t account for competitive dynamics. Strategy development and internal reviews often focus on precedents, trends, and due diligence.

Due Diligence 8

Due Diligence Groupthink Strategy Customer Loyalty 8

N2Growth Blog

JANUARY 23, 2025

Understanding the Role of Board Evaluation in Effective Governance Board evaluations are more than a procedural formality; they represent a structured opportunity to align an organizations leadership with evolving market conditions.

360-Degree Feedback 195

360-Degree Feedback Benchmarking Groupthink Objective 195