Corporate governance: Avoid the groupthink pitfall
Consensus due to similar personal backgrounds, lack of diversity in views and failure to see things from others’ perspective can lead to bad decisions.
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2019
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1942 https://ink.library.smu.edu.sg/context/soa_research/article/2969/viewcontent/Groupthink_BT_20190329_av.pdf |
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Institution: | Singapore Management University |
Language: | English |
Summary: | Consensus due to similar personal backgrounds, lack of diversity in views and failure to see things from others’ perspective can lead to bad decisions. |
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