When organizations need to solve a problem, they often create a task force, selection panel, or steering/advisory committee. These groups are tasked with developing consensus around new ideas, such as ...

Groupthink is a psychological phenomenon born of our innate desire to conform with others. First coined in 1972, the term specifically refers to the tendency for a group to make bad or poorly ...

When you think about team dynamics and workplace productivity, it’s easy to get trapped in the idea that alignment in thinking is the best path forward; after all, the mindset unity offered by ...

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 ...

Corporate governance experts say there are practices that reduce the risk of clubby conformity among familiar colleagues on boards of directors. David Beatty, a business professor at the University of ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 is a psychological phenomenon born of our innate desire to conform with others. First coined in 1972, the term specifically refers to the tendency for a group to make bad or poorly ...