Ramsey March: The Struggle Between The Leaders And Followers of Industry “Herds”

Herd instinct is the inclination of people or animals to behave or think like the majority in the interest of self-preservation. Herd mentality is hard-wired into human behavior and requires great discipline and conviction to override—if it should be overridden at all. It has also long been embedded into corporate and capital markets behavior. In the year ahead, we may witness the most interesting struggle between the leaders and followers of industry “herds” in memory. Alphabet, the parent company of Google, possesses a market cap of $1.35 trillion and employs 135,000 people across 70 offices globally. Even if it did not also happen to control how information flows on the internet, the company’s standing as one of the world’s most influential real estate occupiers is undeniable. So when Alphabet CEO Sundar Pichai had this to say recently as he announced Google’s $7 billion commitment to expanding its real estate footprint in multiple states this year, it captured our attention: “Coming together in-person to collaborate and build community is core to Google’s culture.” Click to read more at www.dmagazine.com.