(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 ...

Are we too quick to agree on the dangers of consensus?

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 ...

I once worked at a politically correct company. Seriously, the whole company was that way. Everyone was treated equally, people rarely cursed in meetings, everyone sat in cubicles so nobody raised ...

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 ...

A Democrat and former New York official warned the party Tuesday against groupthink, arguing it can lead to "dangerous places" as President Biden finds himself underwater in the latest Fox News ...

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 ...

Groupthink is a major pitfall in business. It can easily displace independent thinking and good decision making. I remember being in a strategy meeting with an executive team. We were doing scenario ...