How Can You Avoid Thinking Like the Herd?Jul 24, 2017
The theories of behavioral economics inform how businesses, and individuals, can try to avoid the irrational responses that mislead even the best among us.
In this episode, we explore the theories behind effective teambuilding. You might assume that building great teams only requires hiring people who get along and can work toward a common goal, but that isn’t necessarily what the data tells us. Carnegie Mellon professor Anita Williams-Woolley shares her research on how to maximize collective intelligence, or the type of intelligence that emerges from effective collaboration. We learn about the importance of having cognitive diversity on a team, and the critical step of creating the right environment for such teams to flourish.
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The guest speaker is neither an employee nor affiliated with Morgan Stanley & Co. LLC and Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Opinions expressed by the guest speaker are solely his or her own and do not necessarily reflect those of Morgan Stanley. Morgan Stanley & Co. LLC and Morgan Stanley Smith Barney LLC, members SIPC.