Leading Blog

MAY 8, 2019

The goal of consensus leads to “groupthink” and inferior decisions. Peer relationships are critical and often overlooked, so seek opportunities to pair people up on projects or decisions. There isn’t a head at the Round Table , but there is a throne behind it. Lead Based on First Principles. Pair People. Solve the Biggest Problem.

Consensus 238

Consensus Groupthink COO Mentor 238

HR Digest

MAY 11, 2019

A form of groupthink which prevents individuals from thinking independently. Projection Bias. Organizations teams often understate the true costs of concepts, business model prototypes, and ballpark figures in order to get a project approved by the management. Bandwagon Bias. It is often linked to authority bias.

Groupthink 102

Groupthink Loyalty Ethics Training 102

Eric Jacobson

SEPTEMBER 20, 2015

Here are three ways to do things at your office tomorrow : Sign up for one new project, task-force, professional association or extracurricular professional activity that takes you a bit outside your usual area of expertise. Reach out to three people in your company you always wanted to get to know and ask them for lunch or coffee.

Groupthink 50

Groupthink Learning-by-Doing Trends Diversity 50

Eric Jacobson

FEBRUARY 7, 2015

Here are three ways to do things at your office tomorrow : Sign up for one new project, task-force, professional association or extracurricular professional activity that takes you a bit outside your usual area of expertise. Reach out to three people in your company you always wanted to get to know and ask them for lunch or coffee.

Groupthink 50

Groupthink Learning-by-Doing Books Trends 50

The Idolbuster

JANUARY 15, 2013

The President and CFO were hungry for revenue growth, and via a process that sounds a lot like groupthink, the executive team convinced themselves that “we should be able to make $10M on this product this year.” As a point of reference, this represented 25% of the company’s projected revenue growth for the year.)

Biotechnology 41

Biotechnology Groupthink CFO Stress 41

Mark Sanborn

SEPTEMBER 17, 2023

Examples: A project leader believes their team can complete a complex project in two months, whereas realistic estimates suggest six. Sunk Cost Fallacy Leaders affected by the sunk cost fallacy continue investing in a project based on the amount already invested, rather than evaluating its future value.

Dunning 86

Dunning Consensus Groupthink Charisma 86

Chartered Management Institute

DECEMBER 5, 2023

We’ve seen toxic cultures allowed to flourish in large and high-profile organisations, erratic leadership behaviours, groupthink and boardrooms struggling to maintain control. Scroll for more Shortcut to start of content The public expects institutions and big businesses to show high standards of leadership and management.

Learning-by-Doing 105

Learning-by-Doing Leadership Styles Education Training 105

Harvard Business Review

DECEMBER 27, 2016

In many organizations, the loyalty of employees lies with their department or project team, rather than the whole organization. Visionary leaders communicate the superordinate goals of the organization and explain how all the divisions, departments, and project teams are necessary for achieving these goals.

Cooper 13

Cooper Sports Groupthink Construction 13

Harvard Business Review

JULY 17, 2015

My questions were answered in the late 1990s when Elaine Yew, my great colleague at Egon Zehnder, led a firm-wide project called the Team Effectiveness Review, or TER. Teams low in diversity often succumb to groupthink; they agree with each other too quickly and fail to consider novel courses of action. You and Your Team.

Team 8

Team How To Efficiency Groupthink 8

Harvard Business Review

MARCH 5, 2014

It is different from “groupthink.” The price of silence, on the other hand, is exacted later and paid by the group—when the bubble of false harmony bursts, relationships crumble or projects fail. This is why violent politeness often gets stronger the closer one gets to the C-suite.

Politics 12

Politics Groupthink Commitment Price 12

Harvard Business Review

MAY 19, 2017

You can get trapped in a version of groupthink, with a single set of shared relationships. This can happen if your boss delegates too many projects to you, leaving you with too little time to do your own work. Either way, you can end up without the bandwidth to seek out your own projects or skill development.

Groupthink 13

Groupthink Video Learning-by-Doing Career 13

Harvard Business Review

MAY 11, 2012

This is the opposite of groupthink, the creativity-killing phenomenon of too much agreement and too similar perspectives that often paralyzes otherwise great teams. I remember working on an innovation project with a group of engineers. We've all been on these teams. Everyone is just like us — say, marketers or engineers.

Diversity 14

Diversity Creativity Team Groupthink 14

Harvard Business Review

MAY 27, 2015

Flexi-cokers are expensive, and related improvements proposed for implementation during the shutdown would add to the project’s cost. The team then analyzed what would happen if certain variables like feedstock crude oil price, wholesale gasoline prices, and project duration deviated more than had been expected originally.

Organization 8

Organization Uncertainty Proposal Quality 8

Harvard Business Review

MAY 21, 2015

An innovative team needs to be both playful and pro­fessional, and it needs to be able to plan out a project carefully while also accepting that projects don’t al­ways go as planned—and being willing to improvise when unexpected events arise. Assess your team.

Diversity 8

Diversity Ries Creativity Groupthink 8

Harvard Business Review

AUGUST 4, 2014

Consider Pepsi’s Refresh project , which sought to replace $20 million in Super Bowl spending with a social platform that funded good works. Without cohesion, there is no common purpose, but without diversity groupthink will set in and eventually that purpose will lose relevance. That’s why many social initiatives fail miserably.

Media 8

Media Marketing Strategy Groupthink Kaplan 8