Did you know that blaming others can be just as contagious as a cold? Psychological research has shown that when participants read about political failures, they are more likely to blame others, especially if they see politicians attributing their failures to outside interests. Similarly, when management easily blames employees, it sets a precedent, leading to a culture of blame within the organisation.
With Trump’s recent victory in the U.S. presidential election, the new administration is set to appoint a fresh slate of department heads. However, the position of Federal Reserve Chair Jerome Powell will remain unchanged. Despite being Trump’s nominee, Powell has often found himself at odds with the President, particularly over interest rate hikes, which Trump has publicly criticized.