Harvard Business Review

DECEMBER 10, 2015

Many of us are familiar with the hazards of Groupthink - when teams or organizations operate on autopilot and feel a general false sense of invulnerability. For example, a senior executive in a traditional financial services organization recognized that the organization needed to embrace new technologies in order to engage with Millennials.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

JULY 2, 2013

Diversity of opinions, rather than indicating board dysfunction, may also give shareholders confidence that the board is tackling important issues holistically and not plagued by groupthink.

Groupthink 8

Groupthink Banking CEO Diversity 8

Harvard Business Review

AUGUST 28, 2015

One of the greatest challenges of managing an enterprise today is that technology cycles often outpace planning cycles , so firms find themselves constantly having to adjust. In each case, the market leader had a chance to invest or partner with the upstart that eventually disrupted them. Wal-Mart and Sears. Netflix and Blockbuster.

Groupthink 8

Groupthink Agility Diversity Retail 8

Harvard Business Review

APRIL 25, 2017

Taken together, all of us establish a “consensus” view on the markets. ” In other words, they didn’t want to hear the groupthink. When I worked on Wall Street, my professional circle was initially limited to other folks in the financial services sector: bankers, traders, analysts, economists.

Career 9

Career Groupthink Banking Video 9

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. ” He had spent a decade at a large technology company, rising to become an engineering director. But it occurred to him that his entire professional network consisted of people from that company.

Industry 8

Industry Venture Capitalist Bond Groupthink 8

Harvard Business Review

AUGUST 4, 2014

The web did not invent community-driven brands – just think of Harley Davidson — but technology has surely made the strategy more popular. Pepsi actually lost market share and fell to number three in the cola wars for the first time in modern history. Marketing Strategy' Yet that’s exactly the problem.

Media 10

Media Marketing Strategy Groupthink Kaplan 10

Leading Blog

MARCH 13, 2012

Collaboration is not a new concept, but globalization and new technologies have turned it into one of the best methods of competitive advantage available. Without diversity groupthink sets in. It’s not about how many people you can defeat, but rather about how many people you can help win. Diverse Group.

Cooper 285

Cooper Groupthink Diversity Teamwork 285

Strategy Driven

OCTOBER 31, 2019

New technologies and new leadership styles are needed to succeed and win. Groupthink is a real thing. Drew Hiss launched his outsourced payroll and HR technology solutions company, Checkdate Solutions, in 1994. When we studied wisdom for our new book, we found many interesting qualities that it has versus knowledge.

Cooper 50

Cooper Groupthink Leadership Styles Servant Leader 50