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 ...

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 ...

The best leaders know successful solutions reflect real discourse and diverse perspectives. They actively work to prevent groupthink by cultivating the following practices. Opinions expressed by ...

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.

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 ...

We live in a competitive world—one that will likely only become more competitive as more countries develop. The question is: How can we set ourselves apart from the pack when so many competitors might ...

New York Times columnist Bret Stephens took aim at the "groupthink" that is taking place among progressives he insists is leaving "the left blind." "This year, several high-profile writers have left ...

Last year, I was sitting in my U.S. History I class debating our right to freedom of speech. My class was divided along party lines; one half vouching for the protection of hate speech under the First ...