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Blind Spots, Biases and Other Pathologies in the Boardroom Kenneth A. Merchant

Blind Spots, Biases and Other Pathologies in the Boardroom By Kenneth A. Merchant

Blind Spots, Biases and Other Pathologies in the Boardroom by Kenneth A. Merchant


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Summary

Argues that it is important to recognize group dynamics and the problems they cause. Some of them can be minimized through, for example, properly designed decision processes. Others are more complicated. But all of them need to be recognized and understood so that we can properly shape our expectations.

Blind Spots, Biases and Other Pathologies in the Boardroom Summary

Blind Spots, Biases and Other Pathologies in the Boardroom by Kenneth A. Merchant

In this book we show how seemingly ideal boards, those with best practice size, composition, and structure, can still fail to provide good governance simply because they fall victim to problems inherent in all groups. While having groups of board members provide corporate oversight is probably necessary, and even advantageous in some respects, groups have a dark side too. Tendencies that occur in group behavior can destroy or obscure the talents even of highly intelligent, energetic, and well-intended individuals, causing collective blind spots, biases, and inefficiencies that can render boards ineffective. Groups often perceive risks differently from the way individual group members do and collectively fail to see problems where they really exist.

About Kenneth A. Merchant

Kenneth A. Merchant holds the Chair of Accounting at the University of Southern California.

Additional information

NLS9781606490709
9781606490709
1606490702
Blind Spots, Biases and Other Pathologies in the Boardroom by Kenneth A. Merchant
New
Paperback
Business Expert Press
2010-07-16
200
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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