Remove Company Remove Diversity Remove Finance Remove Groupthink
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Boards Need To Up Their Game In Terms Of Cognitive Diversity

The Horizons Tracker

Diversity has long been recognized in terms of its importance to things like innovation and creativity, with research from MIT showing how cognitive diversity improves the profitability of organizations. Such diversity can have costs, however, as paper from Wharton illustrates. Constructive disagreement.

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10 Common Thinking Errors Leaders Make

Mark Sanborn

A manager only listens to team members who agree with them, neglecting diverse opinions that could offer a new perspective. Groupthink In an environment where conformity is valued over critical thinking, leaders may disregard their own views or skepticism to avoid conflict. Also know as “throwing good money after bad money.”

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Start Networking with People Outside Your Industry

Harvard Business Review

Most professionals build their network over time through proximity — people from your business school study group, or colleagues from your current company or past jobs. 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.

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How to Make a Team of Stars Work

Harvard Business Review

This proprietary model analyzes six critical team competencies: Balance: How well a team understands the importance of diversity of skills and strengths and is willing to incorporate them. Teams low in diversity often succumb to groupthink; they agree with each other too quickly and fail to consider novel courses of action.

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