In this episode of The Thinking Leader, Bryce Hoffman and Marcus Dimbleby talk about groupthink and the impact it can have on your business.

Groupthink is a result of social conformity and the desire to fit in, blinding the group to the flaws and consequences of their ideas. This can be devastating to a business if decision makers are unwilling, or unable, or analyze all the potential results of their own decisions.

Bryce and Marcus discuss real-world examples of groupthink and the negative consequences of a group's inability to recognize their shortcomings. They cover the eight symptoms of groupthink, which you can use to help identify groupthink, and strategies for breaking the cycle and outsmarting the pressure to conform.

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In this episode:

• What groupthink is and how it impacts a team
• Why groupthink is a major threat to your businesses decision making
• How to be aware of groupthink in order to overcome it
• Real world examples of groupthink
• Irving Janis’s eight symptoms of groupthink

Covered in this episode:

Solomon Asch’s Conformity Experiment: https://simplypsychology.org/asch-conformity.html 

Irving Janis’s eight symptoms of groupthink: https://corporatefinanceinstitute.com/resources/management/groupthink-decisions/ 

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Connect with Marcus: https://www.linkedin.com/in/marcusdimbleby/ 

Bestselling business author Bryce Hoffman and agility expert Marcus Dimbleby talk about decision making, strategy, resilience and leadership with some of the world’s best CEOs, cognitive scientists, writers, and thinkers in this weekly podcast. Each episode offers new ideas and insights you can use to become a better leader and a better thinker – because bad leaders react, good leaders plan, and great leaders think!