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Overview
Implementing or executing information and previously learnt procedures in another situation that is new forms the basis of the next task.
The case deals with Stora Enso one of the leading Finnish forest companies in the forest industry in which groupthink processes were evident in their investment in Pakistan. This case is linked to the groupthink criteria in unit B3.
C.3. Reading Look at this before doing the tasks to be found in No.7 in the dropdown menu. After which the Answer Key Pointers and Sources can be used to evaluate your answers to the tasks.
Think About:
“If everyone is thinking alike, then somebody isn’t thinking” – George Patton
“There’s nothing scarier than groupthink” – Bentley Little
“Beware of groupthink: The fact that no one seems concerned doesn’t mean nothing is wrong” – Ray Dalio
“Groupthink can also happen when a fixed-mindset leader punishes dissent. People may not stop thinking critically, but they stop speaking up” – Carol.S.Dweck
Materials Updates/News:
Periodically, materials will be updated, or there may be news items worthy of attention related to this Unit. They will be notified here. If you come across any news/resources, e.g. journal/newspaper articles relevant to the content of this website, please let me know. I can be contacted via the email address below.
If you do not recruit the best, this will impact on performance, which will impact on profitability which then means the organisation pays less tax and employs fewer workers…Finnish organisations have been pursuing a diversity strategy, but they have forgotten that diversity of ideas leads to creativity and many of the strategies adopted have led to increased groupthink in decision making, as a result:
Yle. 3.7.2024. Finland drops further in global competitiveness ranking.
In 2022:
Yle. 4.12.2022. New gender balance law adds more women to Finnish boards.
In 2021:
Yle. 12.10.2021. EU commission suspects Finnish forestry firms of cartel activities, begins unannounced inspections.
“On a visit to India, Kiuru assured Minister of Communications Kapil Sibal that Nokia is a responsible, cooperative company. Reuters reports that the Finnish firm has been suspected of tax evasion in India.” Yle.17.1.2013. In India, minister defends Nokia's honour.
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