Remove Groupthink Remove Management Remove Marketing Remove Technology
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Why You Should Care About The Revenue Forecast

The Idolbuster

I heard a cautionary tale from “George” the former VP of marketing at a mid-sized biotechnology company about how a bogus forecast helped propagate a disaster. Product development is always needed to make a new technology robust enough to work consistently in customer hands. Bad management? Sounds like it.

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How Structured Debate Helps Your Team Grow

Harvard Business Review

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.

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You Don’t Need to Adopt Holacracy to Get Some of Its Benefits

Harvard Business Review

Today, a few organizations – like Medium, David Allen Consultants, and Zappos – are adopting a radically different, approach to management: holacracy. For all of the sturm und drang surrounding the idea, as we talked I realized a lot of holacracy is just codifying many of the informal elements of good management.

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It's OK to Give Shareholders Access to Outside Directors

Harvard Business Review

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.

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India Remakes Global Innovation

Harvard Business Review

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.

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Why You Should Have (at Least) Two Careers

Harvard Business Review

Taken together, all of us establish a “consensus” view on the markets. And most of my asset manager clients were looking for something different: “Give me a contrarian perspective.” ” In other words, they didn’t want to hear the groupthink. Discover Real Innovations.

Career 8
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Want a Team to be Creative? Make it Diverse

Harvard Business Review

Innovation teams tasked with creating new products or technologies or iterating existing ones need tension to produce breakthroughs, and tension comes from diverse points of view. This is the opposite of groupthink, the creativity-killing phenomenon of too much agreement and too similar perspectives that often paralyzes otherwise great teams.