Encouraging The Devil’s Advocate
Prof. Shlomo Ben-Hur (Professor of Leadership, OB and Corporate Learning, IMD) advises how to Create an Environment where Employees Speaking out can lead to better decisions
Issue Date - 01/06/2011

The challenge facing executive teams in ensuring that sound decisions are made is simple: groupthink. Psychologist Irving Janis, who researched the subject extensively, defined groupthink as the systematic errors made by groups when taking collective decisions.

The three layers of groupthink
1. Key causes: Include group cohesion, directive leadership and ideological homogeneity.
2. Common symptomatic behaviours: Include overestimation of the capabilities of the group, being closed-minded and pressure for uniformity.
3. Consequent decision-making flaws: Include inadequate contingency planning, insufficient information and biased assessments of risk, cost-benefits and moral implications.
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ORIGINALLY POSTED AT : http://www.thehumanfactor.in/01062011/storyd.asp?sid=1283&pageno=1

IIPM | ARINDAM CHAUDHURI

A BALLAD BY THE BANKS

Thursday, July 8, 2010

"I had lost all track of time. Like awestruck Alice, I wandered through the maze in a wondrous bookland called Foyles and stood in front of a..."

Originally posted : http://prashantobanerji.blogspot.com/2010/07/ballad-by-banks.html

IIPM | ARINDAMCHAUDHURI

IIPM – Ahmedabad celebrated the convocation ceremony for its batch of 2008 – 2010 on 8th July’ 2011 at Cambay resort, Gandhinagar.

The ceremony was chance for the entire batch to come together and live their college days one last time. They had the opportunity to interact with their faculties and all the other members of IIPM Ahmedbad family. This was also one last chance that IIPM Institution had to give the batch, best industry experts to interact with them and share with them the philosophies of life.

The ceremony started at 04:00pm and the chief guest of the ceremony was none other than Mr. Prabhu Chawla, Editorial Director The New Indian Express. He was welcomed by Prof. Rohit Manchanda, Dean Center for HRD, All India IIPM. ...........................

ORIGINALLY POSTED AT : http://www.iipm.in/news-and-events/IIPM-Ahmedabad-celebrates-the-convocation-ceremony-for-batch-2008---2010/

IIPM | ARINDAM CHAUDHURI

Arindam Chaudhuri

Noted economist & management guru Professor Arindam Chaudhuri is an eminent author, an authoritative speaker & a transformational leader. He has been conferred upon with ‘Management Guru 2000’ award, ‘Personality of the Decade’ award, ‘Example to Youth’ award & many more... He also happens to be a film maker. Read more about this new age Renaissance man..
Originally posted at : http://www.arindamchaudhuri.com/
 IIPM | ARINDAM CHAUDHURI

For Salman Khurshid, it is a big challenge ahead; and I personally look forward to a revolutionary couple of years ahead!

New Delhi, July 14, 2011 21:18
.............................to make the rule of criminals easy, the governments in India over the years have deliberately kept the judicial system in our country dysfunctional. It serves the purpose of the legal fraternity as well. Thanks to the years or decades that it takes to execute a case and to take it to its culmination, the legal fraternity invariably ends up making a windfall profit. And thanks to the absence of a time-bound justice delivery mechanism, making moolah is not at all a challenge for our legal fraternity, as they are quite adept at purposefully making cases hang on for years. The only thing that we nowadays talk about is corruption. And the one and only solution for solving this issue of corruption is a functional judicial system. Corruption and greed are globally prevalent; yet these touch far less lives in the USA than in India simply because the American judicial system is functional while ours is dysfunctional. In America, they have ten times more judges per million people than in India; so there is a fear of immediate punishment – while in India, there is no such fear of punishment..............................
Originally posted at : http://www.thesundayindian.com/en/story/for-salman-khurshid-it-is-a-big-challenge-ahead-and-i-personally-look-forward-to-a-revolutionary-couple-of-years-ahead/18373/

IIPM | ARINDAM CHAUDHURI

We need a budget for the aam aadmi and not a budget that pleases the aam aadmi

We need a budget for the aam aadmi and not a budget that pleases the aam aadmi

January 28, 2011

I am almost one hundred percent sure when I write this that the budget, which our honourable finance minister is going to present before the Parliament next month, is going to be a hugely populist one. Although nothing different from other previous budgets – which were more of political rhetoric than anything else – this time, it is different. This time, it is more of a compulsion for the UPA, which is finding itself cornered with respect to untamable inflation on the one hand, and equally unbeatable corruption cases and scams on the other.

Even in stampedes, those are our poor who lose their lives

January 21, 2011

Sabarimala is considered one of the most popular pilgrimage destinations, so much so that it finds its place in the global list of top pilgrimage sites, sharing space with the Vatican and the Kumbh. Even Forbes Traveler features this destination among its list of the “World’s 10 most popular religious pilgrim centres”. Paradoxically, this pilgrimage destination that attracts around 60 million tourists (both domestic and foreign) annually, has failed to make the site safer for its pilgrims.

Originally posted at http://arindamchaudhuri.blogspot.com/2011_01_01_archive.html

IIPM | ARINDAM CHAUDHURI

Passionate About India: Don’t see “Slumdog Millionaire”. It sucks!

January 25, 2009

".......................And I say all this not because I don’t know what is India. I know its poverty and the real statistics around it a little better than most others – especially the Indian film critics who have given “Slumdog…” an average of 4 to 4.5 stars! But the fact is that the film’s entire narration seems like the germination of a terribly sadistic and complex mind with the sole aim of satisfying the western idea of India – and its new found growth instincts at their cost - and it is done through a combination of illogical happenings in order to show everything in a disgustingly negative vein. Not that it doesn’t exist, but it surely doesn’t exist in this fictitious manner. While “Salaam Bombay” had realism, “Slumdog…” is just every scrap of dirt picked up from every corner and piled up together to try and hit back at the growing might of India. ......................"

Originally posted at : http://arindamchaudhuri.blogspot.com/2009/01/dont-see-slumdog-millionaire-it-sucks.html

IIPM | ARINDAM CHAUDHURI