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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). The Tasks and Answer Key/Pointers/Sources are in Theme H in the drop-down menu at the top of this page.
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.
“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.
In 2021:
Yle. 12.10.2021. EU commission suspects Finnish forestry firms of cartel activities, begins unannounced inspections.
In 2022:
Yle. 4.12.2022. New gender balance law adds more women to Finnish boards.
If you impose quota and equity demands this is what happens, interestingly no observer is making the connection. 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…:
Yle. 3.7.2024. Finland drops further in global competitiveness ranking.
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