CULTURE
Issue #322
11 Dec 2022
Copycat behaviour, says Stanford Graduate School of Business Professor Jeffrey Pfeffer, who makes the bold and unorthodox claim that layoffs are mainly made not from prudent cost/benefit analysis, but through the reverse of the herd mentality which led to hyper growth in the first place - mimetically aping the behaviour of competitor organisations. It’s a mind virus in other words, the irrational contagiousness of which making the overall impact ever worse. Interesting read, lots to think about.