6 Self-Delusions That Will Kill Your Business (And How To Avoid Them)

6 replies
4. Groupthink

What is it?

When a group of people makes a poor decision fueled by the desire for harmony or conformity.

Can you give me an example?

Think of the one or two critics at the meeting who are discouraged from voicing their objections because everyone else wants to wrap things up and beat the lunch rush.

I'm a geek. Where's the science?

In his 1972 book Victims of Groupthink, psychologist Irving Janis revealed the results of his extensive research into a number of "disasters" in American history, such as the Bay of Pigs invasion and the failure to anticipate the Pearl Harbor attacks. Irving concluded that groupthink was largely responsible for each of these incidents, causing smart people with lots of insightful data to make dumb choices and ignore strong warning signals.4

Okay, how do I avoid it?

You need an asshole in the group, someone who doesn't mind voicing a controversial opinion and isn't worried about job security or losing friends. :rolleyes:
Simley face is mine.

An interesting post from Niall Doherty about some self-delusions that can hamper our businesses and our lives.

Other points include:

1. Confirmation bias

2. Procrastination

3. The Availability Heuristic

4. Groupthink

5. Social Loafing

6. Self-Handicapping

2. Procrastination

What is it?

I'll explain later.

Can you give me an example?

I just did.

...
Well worth a look.

6 Self-Delusions That Will Kill Your Business (And How To Avoid Them)

Joe Mobley

I have no financial interest with Niall other than I am on his email list.
#avoid #business #kill #selfdelusions
  • Profile picture of the author maxfactor
    Thanks for sharing, this is interesting. The self-handicapping has been a big one for me, and procrastination. Now I know my enemy.
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  • Profile picture of the author IzzuDino
    good share and info for all marketers. Procrastination is definitely a problem ALL marketers would face, in my opinion. It's just that they (and myself of course) are just scared of making that first move so we waste our time and efforts on something else...
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  • Profile picture of the author f5mtadas
    very good points: I catch myself on self-handicapping and Procrastination.

    Somehow self - handicapping caused procrastination
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Joe Mobley View Post

    I have no financial interest with Niall other than I am on his email list.
    As I will be, in a minute. That looks a nice blog - thank you. (Why had I not heard of this guy before?! ).
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    • Profile picture of the author Joe Mobley
      Originally Posted by Alexa Smith View Post

      As I will be, in a minute. That looks a nice blog - thank you. (Why had I not heard of this guy before?! ).
      Hey, I owed you one...

      Originally Posted by Alexa Smith View Post

      Lauren's blog is probably going to interest people reading this thread: Discovering a Different Side of Chiang Mai.
      All the best,

      Joe Mobley
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      Follow Me on Twitter: @daVinciJoe
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