Lead Change Blog
NOVEMBER 13, 2020
For instance, they’d suggest an innovative marketing strategy to promote their new product without much regard for anything else. Given these characteristics, naturally, the pessimists would tear the optimistic marketing strategy and other ideas to pieces. Sometimes they would even see problems that weren’t there.
Leading Blog
FEBRUARY 26, 2016
For most of us we are not like the conceptual innovators that formulate a big idea early on in life and act on it. We are probably more like the experimental innovators that move through idea after idea, learning and evolving as they go. They move before the market can support their idea. Dealing with Groupthink.
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Chartered Management Institute
FEBRUARY 14, 2024
Daisy Hooper , CMI’s head of policy and innovation, appeared in BusinessGreen last week, pointing out the key role for apprenticeships in the transition to a low-carbon economy. She also offers advice in The Times on how to overcome “groupthink,” where leaders remain unchallenged and team members withhold their views.
Leading Blog
MAY 8, 2019
He helped to build some of Silicon Valley’s greatest companies including Google, Apple, and Intuit and to create over a trillion dollars in market value. The goal of consensus leads to “groupthink” and inferior decisions. Innovation Is Where the Crazy People Have Stature. Lead Based on First Principles.
Harvard Business Review
SEPTEMBER 14, 2011
Dr Reddy's plan is to leverage Chirotech's scientific capabilities to optimize drug development processes, thus lowering manufacturing costs and speeding time-to-market. In recent years, Indian firms such as Dr Reddy's have also started globalizing their R&D footprint by moving into Western markets.
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. One strategy that can significantly help teams avoid the dangers of Groupthink and successfully respond to emerging threats and opportunities is to create structured debates.
Mark Sanborn
SEPTEMBER 17, 2023
This can result in poor decision-making and a lack of innovative thinking. 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. Also know as “throwing good money after bad money.”
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