Does Groupthink lead to Crisis Situations?

Essay from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, , language: English, abstract: Groupthink, a term marked by Irving Janis, is a model to describe the possible downsides of a decision made by a group. Although the concept is widely accepted, it is highly controversial. This essay gives an overview over Janis’ concept and tries to sh...