Posts Tagged ‘groupthink’

Repetition Can Blind You to the Obvious

Like it or not, every business has things that need to be done over and over. Despite the necessity, this repetition can blind you to the obvious. Think about it. When something is repeated enough there is a tendency to operate on autopilot, and when we do that it is easy to Read the rest of this entry »

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Does a Part-time CFO Makes Sense?

First let me make a disclaimer, I am a Part-time CFO so I have a business interest in this idea. Regardless, that really has nothing to do with whether it might be right for your business.

Some Initial Acknowledgements

As a Part-time CFO I’ll be the first to acknowledge that employees are necessary for most businesses. In fact, in my role as a Part-time CFO or Controller I rely heavily on a company’s employees, while at the same time helping them to become more effective and efficient. With that said, let’s take a look at why you may be better off with a Part-time CFO.

Mindset

You may be thinking I’m referring to the mindset of the Read the rest of this entry »

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Be Different

Before acting do you make the effort to seriously consider if you are conforming out of habit or because you have considered the implications? Don’t misunderstand me as there are times when it is to the benefit of you and others to go with the flow. These are times when it contributes to efficiency and really does not need deep thought.

The Danger of the Crowd

“Whenever you find that you are on the side of the majority, it is time to reform.” – Mark Twain.

Now we know he wasn’t meaning this in all situations, but rather said it as a Read the rest of this entry »

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The Danger of Groupthink

Ever had the experience of giving in to the majority opinion when you really didn’t agree? We all have. There is something in human nature that makes us succumb to the pressure exerted by groups.

How Does this Happen?

Imagine you are in a business meeting. Present are the person you report to as well as several other managers. The group is attempting to make a crucial decision Read the rest of this entry »

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