This is the fifth the Behavioral Finance and Macroeconomics series. We will explore the effect behavior has on markets and the economy as a whole--and how advisors who understand this relationship can ...
Volkswagen is facing blistering criticism for fabricating an announcement that it’s rebranding as “Voltswagen,” when announcing its electric car strategy. That turned out to be nothing more than an ...
(MoneyWatch) Years ago, I was part of a merger between two public high-tech companies that ended in disaster. Turns out that executives of one company sugarcoated key aspects of their technology, and ...
The concept of "groupthink," first identified by Irving Janis, refers to the phenomenon in which group members quickly align on certain decisions without critically evaluating or suppressing ...
Research shows that diversity in a workforce produces better decisions and outcomes. People of different genders, backgrounds and cultures bring varied perspectives to bear on a problem which, in turn ...
William H. Whyte, author of the classic sociological commentary "The Organization Man," coined the term groupthink in a 1952 article that appeared in Fortune magazine in reference to the culture of ...
Everyone knows the concept of groupthink. A tightly knit and overconfident set of decision makers form an insular echo chamber, fail to see the big picture, and end up making disastrous decisions. By ...
Groupthink makes navies stupid. Heck, groupthink makes any group of people stupid. Shame there’s such demand for it in U.S. Navy circles. Or at least that’s the impression you’d get from the criticism ...
The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. Yet, ironically, MAHA’s ...
It seems to me that an “increasingly shrill shouting match” can define a lot of film talk on the Internet, regardless of any deviations from critical consensus. Perhaps this has always been the case ...
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