The green shoots do exist, but they’re still extremely tender

International business surveys show that economic movement is going in the right direction

15th August, 2009

One of the big risks in decision making is what is called ‘groupthink’.

In his book The Wisdom of Crowds, James Surowiecki points out that decision makers who share the same mindset and worldview run the risk of listening only to themselves.

They may only acknowledge data that support their view, and dismiss information that does not. The US government’s role in the Bay of Pigs debacle in the 1960s is the oft-quoted...

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