"The principle that organizations seek out partners that are similar along various dimensions because shared traits make it easier to trust and understand one another."Now thats a strange sounding word?
I was reading an article in Columbia Ideas@Work this evening and came across an interesting piece of research - When familiarity breeds connections. The perspectives in the article sound way too familiar to many of us from academy companies, the likes of Procter & Gamble, General Electric, IBM, etc. (remember Jim Collins'; Built to Last).
I think the popular translation of 'Homophily' is 'Cultural fit'.