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	<title>The Devil&#039;s Advocate Group &#187; Groupthink</title>
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	<link>http://www.devilsadvocategroup.com</link>
	<description>We Stress Test Your Strategies</description>
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		<title>Staying Rational in Irrational Times</title>
		<link>http://www.devilsadvocategroup.com/staying-rational-in-irrational-times/</link>
		<comments>http://www.devilsadvocategroup.com/staying-rational-in-irrational-times/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 16:30:44 +0000</pubDate>
		<dc:creator>Paul Carroll and Chunka Mui</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Boards of Directors]]></category>
		<category><![CDATA[Bubbles]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[Groupthink]]></category>
		<category><![CDATA[Lemming Syndrome]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[merrill lynch]]></category>
		<category><![CDATA[motorola]]></category>

		<guid isPermaLink="false">http://www.devilsadvocategroup.com/?p=989</guid>
		<description><![CDATA[<img class="alignleft size-medium wp-image-990" style="float: left; border: 0; margin-top: 0; margin-bottom: 15px; margin-left: 0; margin-right: 20px;" title="Financial Bubbles" src="http://www.devilsadvocategroup.com/wp-content/uploads/2009/10/BubbleBurst-250x143.jpg" alt="Financial Bubbles" width="125" height="71" />We found John Cassidy's essay in the Oct. 5 New Yorker, "<a href="http://www.newyorker.com/reporting/2009/10/05/091005fa_fact_cassidy">The Real Reason that Capitalism is so Crash-Prone</a>," to be illuminating about the challenges of managing in an irrational context, like the recent credit craze or the more distant dot-com and telecom bubbles.  Cassidy argues that, even if managers know that they are in the middle of a bubble, they have little choice but to go along. Boards and investors tell them: "Do it, or move aside so that someone else can." Few can resist such pressure.]]></description>
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		<title>Blackberries In Your Meetings?  Be Like Bill.</title>
		<link>http://www.devilsadvocategroup.com/blackberries-in-your-meetings-be-like-bill/</link>
		<comments>http://www.devilsadvocategroup.com/blackberries-in-your-meetings-be-like-bill/#comments</comments>
		<pubDate>Tue, 23 Jun 2009 16:30:05 +0000</pubDate>
		<dc:creator>Paul Carroll and Chunka Mui</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Bill Gross]]></category>
		<category><![CDATA[Blackberry]]></category>
		<category><![CDATA[Groupthink]]></category>
		<category><![CDATA[PIMCO]]></category>

		<guid isPermaLink="false">http://www.billiondollarlessons.com/?p=240</guid>
		<description><![CDATA[<img class="alignleft" style="border: 1px solid black; margin: 10px; float: left;" src="http://www.devilsadvocategroup.com/wp-content/uploads/2009/06/Blackberry_obama.jpg" alt="Blackberries at work" width="120" height="90" />While we appreciate the value of information technology, we think that too often it hinders collaboration and thoughtful decision making.  An article in yesterday's New York Times, “<a href="http://www.nytimes.com/2009/06/22/us/22smartphones.html" target="_blank">Mind Your BlackBerry or Mind Your Manners</a>,” reminded us of how technology can inhibit group processes--and how a flip of a switch can sometimes dispel the distractions.]]></description>
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