(MoneyWatch) Years ago, I was part of a merger between two public high-tech companies that ended in disaster. Turns out that executives of one company sugarcoated key aspects of their technology, and ...
This is the fifth the Behavioral Finance and Macroeconomics series. We will explore the effect behavior has on markets and the economy as a whole--and how advisors who understand this relationship can ...
Groupthink is the term used when decision-making groups make hasty and premature decisions without doing the critical evaluation work required for making well-thought-out and good decisions.
Most of us are well aware that groupthink—the phenomenon in which decision-making is ruled by the ease of conformity—is bad for business. When our workplace falls into groupthink, we become complacent ...
William H. Whyte, author of the classic sociological commentary "The Organization Man," coined the term groupthink in a 1952 article that appeared in Fortune magazine in reference to the culture of ...
Leaders play a significant role in the growth and development of any organization. It is therefore vital for the CEO, COO, CFO, CTO and other C-level executives to have the mindset, skill set and ...
"Groupthink" is a common corporate scenario in which multiple people feed off each other and ultimately come up with the same types of ideas. While collaboration and cooperation are good, your team ...
A Grok chat window on a laptop on June 9, 2025. Last week, we conducted a test that found five leading AI models—including Elon Musk’s Grok—correctly debunked 20 of President Donald Trump’s false ...
Groupthink is a familiar manifestation of the inertia of no. It’s easier to see other people get hoodwinked by groupthink than it is to identify it in our midst. Groupthink Defined Irving Janis coined ...
Regardless of one's belief system, political creed or group affiliation, we are all susceptible to an intellectual short circuit — groupthink. Groupthink seeks conformity by stamping out dissent. The ...