(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 ...

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 ...

Leaders play a significant role in the growth and development of any organization. It is therefore vital for the CEO, COO, CFO, CTO and other C-level executives to have the mindset, skill set and ...

Forbes contributors publish independent expert analyses and insights. I write about critical thinking in education. When I need to make a big decision at work, I often turn to team members for help.

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 ...

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 ...

Reid Hastie does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...

Opinions expressed by Entrepreneur contributors are their own. Entrepreneurs and team leaders often devote significant energy into coordinating efforts and fostering a common organizational culture.