The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover image

304. Decoding Group Identity: Insights for Business Leaders with Dominic Packer (Refreshed Episode)

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

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The Power of Us

Leaders need to engage behaviors themselves that are that are continually validating of an identity and to make sure they embody it. This can be a challenge in organizational context where managers' day-to-day work can often be quite different from the work on the floor or going on among employees more generally. Research suggests that large scale pay discrepancies between people at the top of an organization and the average employee are detrimental to that kind of identity.

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