Branding of Wisdom, Madness or Reason?
I was reading Dave's (
How to Save the World) synopsis of James Surowiecki's book
The Wisdom of Crowds and found the judgement errors underlying the process of decision making very similar to what
Wealth Bondage presents as
Brand A and Brand B.
If we were to surmise that the US is being run as a business, as Bush is so proud to take credit for, then we should also take a deeper look at his decision making process. As Dave points out, there is a cost to
not knowing. He asks, "To what extent did our failure to prevent such [recent] disasters result from simply not having critical information, and to what extent were these failures aggravated by groupthink or individual arrogance?"
When decision making from the top down relies on the polarization of Brand A versus Brand B, or utilizing the arrogance of 'group think' (opposed to the wisdom of crowds) as policy, disaster is not far behind. I see the same process of decision making trickling down into the workplace. Eventually the workers revolt.
posted by Cyndy
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