Chartered Management Institute

DECEMBER 5, 2023

Five Highlights from the 2023 CMI President's Dinner Words CMI Insights / Photography Amanda Forman The evidence about good and bad management; the new CMI president; and all the 2023 award-winners. Bad management harms society: fact “Bad management is bad – on every level,” said CMI’s chief executive Ann Francke OBE in her opening comments.

Learning-by-Doing 105

Learning-by-Doing Leadership Styles Education Training 105

Mark Sanborn

SEPTEMBER 17, 2023

Examples: A CEO ignores market research that suggests a new product will not be well-received because he or she firmly believes it’s a good idea. A manager only listens to team members who agree with them, neglecting diverse opinions that could offer a new perspective.

Dunning 86

Dunning Consensus Groupthink Charisma 86

Harvard Business Review

JULY 10, 2017

Last month, in an unprecedented show of solidarity, 150 CEOs from the world’s leading companies banded together to advance diversity and inclusion in the workplace and, through an online platform, shared best practices for doing so.

Ryan 8

Ryan Stephenson Groupthink Politics 8

Harvard Business Review

JULY 17, 2015

How did the stars at that firm manage to shine brightly together, while those at the other merely twinkled on their own? 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. You and Your Team.

Team 8

Team How To Efficiency Groupthink 8

Harvard Business Review

JULY 28, 2016

companies, the guidelines contain helpful (although not entirely novel or innovative) recommendations such as compensating outside directors with stock, giving non-executive directors unfettered access to management, and discouraging the practice of earnings guidance. Intended to strengthen corporate governance at U.S.

CEO 8

CEO Groupthink Sharpe Committee 8

Harvard Business Review

JULY 2, 2013

firms have historically given the CEO and other management members exclusive responsibility for communicating with investors. companies have started demanding direct access to non-management board members in order to assess the quality of board stewardship. In recent years, institutional shareholders in U.S.

Groupthink 8

Groupthink Banking CEO Diversity 8

Harvard Business Review

JUNE 10, 2014

But inclusiveness is about more than gender, racial or cultural diversity. This doesn’t mean groupthink. For example, a leader who can’t spot the emotional angst on an excluded employee’s face will not be able to chance her behavior to make him feel more included. Create a shared identity. Be attentive to emotions.

Groupthink 8

Groupthink Diversity Survey Team 8

Harvard Business Review

MARCH 19, 2015

Others, perhaps driven by their own narcissism, pick people who are like them, which kills diversity and breeds groupthink. For example, Edmunds , a sort of TripAdvisor for cars, uses personality tests to identify the most promising candidates for its executive team. Insight Center. The Future of Collaboration.

Team 8

Team Groupthink Emotional Intelligence Tools 8

Harvard Business Review

SEPTEMBER 4, 2018

A sizable literature in management and psychology helps us understand how people become susceptible to moral biases and make choices that are inconsistent with their values and the values of their organizations. For example, most people find it worse to blatantly lie than simply to withhold the truth. Make it a group effort.

Meyer 8

Meyer Ethics Self-aware Morale 8

Harvard Business Review

SEPTEMBER 14, 2011

Polycentric innovation won't work in organizations that promote groupthink. The Indian firms we studied promote diversity in their R&D management by hiring external talent to build and oversee their global innovation network. Do you have examples of companies that are innovating wisely across geographies?

Globalization 9

Globalization Innovation Decentralization Chemicals 9

Harvard Business Review

MAY 21, 2015

This kind of intellectual diversity is more likely to be present when individuals on the team come from different disciplines, backgrounds, and areas of expertise. For example, a group needs both expertise in relevant subjects and fresh eyes that can see beyond the established ways of doing things. Excerpted from. Add to Cart.

Diversity 8

Diversity Ries Creativity Groupthink 8

Harvard Business Review

OCTOBER 10, 2018

It is no doubt a sign of progress that a significant proportion of organizations and managers today appear to feel guilty when they admit that they are making big management decisions in an intuitive rather than evidence-based way. And, as with any cultural transformation, managers are a critical agent of change.

Team 11

Team Groupthink Training Diversity 11

Harvard Business Review

MAY 4, 2015

No wonder so many managers choose to avoid advertizing openings. It can also increase the diversity of the people you hire, which has been shown to increase a firm’s competitive advantage. Here’s an example. In 2009, I was hiring aides for a senior IT management job. Few were relevant to the position.

Tools 8

Tools Groupthink Advertising Competitive Advantage 8

Harvard Business Review

SEPTEMBER 26, 2012

Complexity is a clear and present danger to both firms and the global financial system: it makes both much harder to manage, govern, audit, regulate and support effectively in times of crisis. This in turn made hoarding money, not lending it, the sanest thing for the banks to do after the crash.).

Banking 8

Banking Crisis Hedge System 8

Harvard Business Review

JULY 4, 2014

The research of decision scientists reveals that our best strategy for tackling these problems is to harness cognitive diversity, because groups do better than individuals, including those with the highest IQs. Diversity, as Scott Page puts it, trumps ability. Managers need to be mindful of the numerous contributors to path dependence.

Productivity 16

Productivity Products Brainstorming Diversity 16

Harvard Business Review

JULY 4, 2014

The research of decision scientists reveals that our best strategy for tackling these problems is to harness cognitive diversity, because groups do better than individuals, including those with the highest IQs. Diversity, as Scott Page puts it, trumps ability. Managers need to be mindful of the numerous contributors to path dependence.

Productivity 11

Productivity Products Brainstorming Diversity 11