(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 ...
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 ...
Every decade or so, the term groupthink enters the public consciousness when a highly visible failure leaves people pondering how a group of competent people could have made such a disastrous decision ...
The saying "too many cooks spoil the broth" is well-known. It means that the more people involved in a task, the poorer the outcome. I find this expression holds true in the world of business where ...
Most of us are well aware that groupthink—the phenomenon in which decision-making is ruled by the ease of conformity—is bad for business. When our workplace falls into groupthink, we become complacent ...
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 ...
A Grok chat window on a laptop on June 9, 2025. Last week, we conducted a test that found five leading AI models—including Elon Musk’s Grok—correctly debunked 20 of President Donald Trump’s false ...
Illustration by The Atlantic. Source: Andrew Harnik / Getty. Yet, ironically, MAHA’s core concern—that the nation’s most seasoned public-health experts have been rendered senseless over many years by ...
Groupthink can be a powerful destructive force. Easily misunderstood as the values that sustain the organization, groupthink is more tied to the “view of the predominant group” and is “characterized ...
Groupthink is a familiar manifestation of the inertia of no. It’s easier to see other people get hoodwinked by groupthink than it is to identify it in our midst. Groupthink Defined Irving Janis coined ...
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 ...