Spin Master Escalation Commitment Trap

As a result of Spin Master’s success, decision errors and traps poses a potential problem for the company’s future. For example, heuristics. The lack of information, time and energy from workers may cause the manager to take shortcuts and make decisions based on past successes. More specifically, representation bias. This is a problem because prior philosophy and marketing techniques may have worked on one product, but it may not necessarily work on another product, especially because Spin Master’s products were fractured and inconsistent. They may also run into the escalation commitment trap or framing error. Their organizational culture focuses on “How do we do this” rather than questioning “Why can’t we do this” which poses future problems