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	<title>Comments on: 12 Practical Business Lessons From Social Psychology</title>
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	<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/</link>
	<description>Entrepreneurship, Startup Companies and Business Philosophy</description>
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		<title>By: meditationguru</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-26960</link>
		<dc:creator>meditationguru</dc:creator>
		<pubDate>Mon, 04 Oct 2010 08:03:40 +0000</pubDate>
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		<description>nice article, shared with my friends</description>
		<content:encoded><![CDATA[<p>nice article, shared with my friends</p>
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		<title>By: Adam</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-24607</link>
		<dc:creator>Adam</dc:creator>
		<pubDate>Sun, 01 Aug 2010 21:07:10 +0000</pubDate>
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		<description>This is a great article because the concepts are based on experimental research studies that have been peer reviewed.</description>
		<content:encoded><![CDATA[<p>This is a great article because the concepts are based on experimental research studies that have been peer reviewed.</p>
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		<title>By: MartinM</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-24428</link>
		<dc:creator>MartinM</dc:creator>
		<pubDate>Fri, 23 Jul 2010 14:16:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16247#comment-24428</guid>
		<description>Great Read, and nice additional tipps @Andrew.

Another good one:
* Decoy Marketing: You offer customers a similar but inferior product to the one you actually want to sell, at about the same price

Nice study about an Economist subscription usiong decoy marketing can be found here:
http://www.neurosciencemarketing.com/blog/articles/decoy-marketing.htm</description>
		<content:encoded><![CDATA[<p>Great Read, and nice additional tipps @Andrew.</p>
<p>Another good one:<br />
* Decoy Marketing: You offer customers a similar but inferior product to the one you actually want to sell, at about the same price</p>
<p>Nice study about an Economist subscription usiong decoy marketing can be found here:<br />
<a href="http://www.neurosciencemarketing.com/blog/articles/decoy-marketing.htm" rel="nofollow">http://www.neurosciencemarketing.com/blog/articles/decoy-marketing.htm</a></p>
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		<title>By: Andrew de Andrade</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-23437</link>
		<dc:creator>Andrew de Andrade</dc:creator>
		<pubDate>Sun, 30 May 2010 20:02:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16247#comment-23437</guid>
		<description>Great list, however you missed some essentials. Here are some others worth investigating:

* Conformity (Asch)
* Bystander Effect / Diffusion of Responsibility (case study: Kitty Genovese)
* False Consensus Effect
* Obedience to Authority (Stanley Milgram, related to one of the most important lessons in business: &quot;learning to say no to your boss&quot;)
* Social Roles (Stanford Prison Study, Phil Zimbardo, related to understanding abusive work relations involving bosses and subordinates)
* Norm Formation (Sherif, related to establishing company cultures and changing them)
* Fundamental Attribution Error (Lee Ross, important for understanding and reversing negative work relationships)
* Diffusion of Innovation (Rogers)
* Pluralistic Ignorance (Lee Ross, related to people supporting bureaucracy and work politics)

Although not related to social psychology, I would also recommend that business people learn more about &quot;different types of minds&quot;. Temple Grandin&#039;s &quot;Thinking in Pictures&quot; I think is a must read for any manager. Her recent TED talk &quot;The World Needs all Kinds of Minds&quot; is relevant as well. This topic is related to the &quot;False Consensus Effect&quot;. &quot;Diversity in how people think&quot; is important for building a business.</description>
		<content:encoded><![CDATA[<p>Great list, however you missed some essentials. Here are some others worth investigating:</p>
<p>* Conformity (Asch)<br />
* Bystander Effect / Diffusion of Responsibility (case study: Kitty Genovese)<br />
* False Consensus Effect<br />
* Obedience to Authority (Stanley Milgram, related to one of the most important lessons in business: &#8220;learning to say no to your boss&#8221;)<br />
* Social Roles (Stanford Prison Study, Phil Zimbardo, related to understanding abusive work relations involving bosses and subordinates)<br />
* Norm Formation (Sherif, related to establishing company cultures and changing them)<br />
* Fundamental Attribution Error (Lee Ross, important for understanding and reversing negative work relationships)<br />
* Diffusion of Innovation (Rogers)<br />
* Pluralistic Ignorance (Lee Ross, related to people supporting bureaucracy and work politics)</p>
<p>Although not related to social psychology, I would also recommend that business people learn more about &#8220;different types of minds&#8221;. Temple Grandin&#8217;s &#8220;Thinking in Pictures&#8221; I think is a must read for any manager. Her recent TED talk &#8220;The World Needs all Kinds of Minds&#8221; is relevant as well. This topic is related to the &#8220;False Consensus Effect&#8221;. &#8220;Diversity in how people think&#8221; is important for building a business.</p>
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		<title>By: greg</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-23331</link>
		<dc:creator>greg</dc:creator>
		<pubDate>Wed, 19 May 2010 16:50:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16247#comment-23331</guid>
		<description>Why the angst? This is only putting into words the observed &quot;natural self-centredness&quot; of human interaction as carried out by everyone from the moment they are born to the moment they die. All of those who think otherwise should go look in the mirror.</description>
		<content:encoded><![CDATA[<p>Why the angst? This is only putting into words the observed &#8220;natural self-centredness&#8221; of human interaction as carried out by everyone from the moment they are born to the moment they die. All of those who think otherwise should go look in the mirror.</p>
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		<title>By: shukov</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-22595</link>
		<dc:creator>shukov</dc:creator>
		<pubDate>Sat, 27 Mar 2010 00:54:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16247#comment-22595</guid>
		<description>12 Practical Business Lessons From Social Psychology or How To Become Just Another Manipulative, Selfish Person.</description>
		<content:encoded><![CDATA[<p>12 Practical Business Lessons From Social Psychology or How To Become Just Another Manipulative, Selfish Person.</p>
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		<title>By: GumCloud</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-22410</link>
		<dc:creator>GumCloud</dc:creator>
		<pubDate>Tue, 16 Mar 2010 13:30:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16247#comment-22410</guid>
		<description>Outstanding post! I&#039;ve learned a lot from the first few tips, I&#039;ll try to understand this better because this is very helpful.</description>
		<content:encoded><![CDATA[<p>Outstanding post! I&#8217;ve learned a lot from the first few tips, I&#8217;ll try to understand this better because this is very helpful.</p>
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		<title>By: Phoenix Taxi Driver</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-21727</link>
		<dc:creator>Phoenix Taxi Driver</dc:creator>
		<pubDate>Mon, 15 Feb 2010 23:21:32 +0000</pubDate>
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		<description>I will be studying this again more deeply later.  there are several strategies I can use in marketing my taxi company.</description>
		<content:encoded><![CDATA[<p>I will be studying this again more deeply later.  there are several strategies I can use in marketing my taxi company.</p>
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		<title>By: Lee Golos</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-21435</link>
		<dc:creator>Lee Golos</dc:creator>
		<pubDate>Sun, 07 Feb 2010 07:37:09 +0000</pubDate>
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		<description>I can&#039;t wait &#039;till post-scarcity comes and makes all of you marketing assholes obsolete</description>
		<content:encoded><![CDATA[<p>I can&#8217;t wait &#8217;till post-scarcity comes and makes all of you marketing assholes obsolete</p>
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		<title>By: roshan pokhrel</title>
		<link>http://www.businesspundit.com/12-practical-business-lessons-from-social-psychology/comment-page-1/#comment-21294</link>
		<dc:creator>roshan pokhrel</dc:creator>
		<pubDate>Wed, 03 Feb 2010 04:28:47 +0000</pubDate>
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		<description>&quot;social loafing&quot; is a term of fantacy.</description>
		<content:encoded><![CDATA[<p>&#8220;social loafing&#8221; is a term of fantacy.</p>
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