A company, Theranos, claimed its new technology could run a number of blood tests on a few drops of blood. However, in 2018, the company collapsed under charges of financial fraud and lies about its technology. Over three years, directors were presented with information from staff that contradicted the rosy picture painted by the CEO. Yet, they kept this secret, ignored the implications, and failed to notice red flags.
What is bounded awareness?
We are at high risk for this when we are emotionally invested in the issue.
What is confirmation bias?
This happens when we continue to replicate familiar activities rather than looking at new ideas or expand exploration of work.
What is bounded awareness?
This happens when someone takes an intentional oppositional opinion that provides an argument to the discussion.
What is Devil's Advocate?
Taylor Swift made her acting debut in which movie?
What is Valentines Day?
Despite intercepting messages in early 1941 that Japan was arming itself for an offensive attack in the Pacific Ocean, U.S. naval officers maintained that the messages focused on attacks aimed at other nations. They believed that the Pacific Fleet at Pearl Harbor was a major deterrent against air and naval attack and that torpedoes could not sink ships anchored in the shallow water of the harbor.
What is Groupthink or Confirmation Bias?
This occurs when we fail to see, seek, use, or share highly relevant and readily accessible information.
What is bounded awareness?
This happens when we continue to invest in a poorly performing data or grants management system while layering on a patchwork of other platforms to 'make it work'.
What is an escalation of commitment?
This happens when you look at more than one story or example to develop a more accurate understanding of the work.
What is focusing on trends instead of individual experiences?
What are the names of Kim Kardashian and Kanye West’s kids?
Who are North, Saint, Chicago, and Psalm?
In 2019, two high-profile crashes of the Boeing 737 Max airliners occurred. Shortly after, industry analysts noted a dip in passenger bookings.
What is Availability Bias?
We are at risk for this when we commit resources to a course of action in the hope of achieving a positive outcome.
What is an escalation of commitment?
This happens when presentations to Boards contain illustrative stories or quotes to highlight lessons learned and successes.
What is availability bias?
This happens when we intentionally make adjustments along the way instead of establishing a rigid long-term plan.
What is (1) encouraging course corrections OR (2) reducing upfront strategy planning time in favor of ongoing strategy development?
Name the two performers who headlined the 2020 Superbowl halftime show.
Who are J.LO and Shakira?
During the Vietnam War, U.S. strategists deployed Operation Rolling Thunder, an expensive and deadly bombing campaign that intended to force the North Vietnamese to pull its forces from the South. Early in the campaign, U.S. strategists acknowledged it was not meeting its intent, yet the bombing continued unabated for another two years.
What is Escalation of Commitment?
Teams are susceptible to this when they have working conditions that include important and complex decisions.
What is groupthink?
This happens when findings and data are specifically selected for presentation to leadership or Boards.
What is confirmation bias?
This happens when feedback sends mixed signals about whether the strategy is working or a grantee is successful.
What is play out alternate perspectives and solutions?
Which pop star burnt down her home gym with candles?
Who is Brittney Spears?
He rapped "Gucci Gang."
Who is Lil Pump?