What Are the Challenges of Collectivism in Business?
1. Slow Decision-Making: While collective decision-making can be thorough, it can also be time-consuming, potentially slowing down the business's agility. 2. Potential for Groupthink: A strong focus on consensus can sometimes lead to groupthink, where the desire for harmony results in poor decision-making. 3. Individual Accountability: In a collectivist culture, it can be challenging to hold individuals accountable for their performance, as achievements and failures are shared by the group.