The Idolbuster
JANUARY 15, 2013
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.
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. 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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Harvard Business Review
JULY 2, 2013
Diversity of opinions, rather than indicating board dysfunction, may also give shareholders confidence that the board is tackling important issues holistically and not plagued by groupthink.
Harvard Business Review
AUGUST 28, 2015
One of the greatest challenges of managing an enterprise today is that technology cycles often outpace planning cycles , so firms find themselves constantly having to adjust. In each case, the market leader had a chance to invest or partner with the upstart that eventually disrupted them. Wal-Mart and Sears. Netflix and Blockbuster.
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
OCTOBER 20, 2016
Additionally, you’re more prone to groupthink if you’re not exposed to diverse perspectives and points of view. ” He had spent a decade at a large technology company, rising to become an engineering director. But it occurred to him that his entire professional network consisted of people from that company.
Harvard Business Review
APRIL 25, 2017
Taken together, all of us establish a “consensus” view on the markets. ” In other words, they didn’t want to hear the groupthink. When I worked on Wall Street, my professional circle was initially limited to other folks in the financial services sector: bankers, traders, analysts, economists.
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