N2Growth Blog

JANUARY 10, 2011

They are the ones innovating and breaking-down barriers. The idea that the "cream will rise to the top" is too often more than offset by the Dunning-Kruger effect; and the real leader's highmindedness will be viewed as a threat to the status quo. They are the ones people turn to when things get tough.

Leadership 419

Leadership Blog Consultative Brand 419

Mark Sanborn

SEPTEMBER 17, 2023

This can result in poor decision-making and a lack of innovative thinking. Examples: A CEO ignores market research that suggests a new product will not be well-received because he or she firmly believes it’s a good idea. Dunning-Kruger Effect Incompetent leaders overestimate their ability, not recognizing their lack of skill.

Dunning 86

Dunning Consensus Groupthink Charisma 86

Harvard Business Review

AUGUST 29, 2012

Buffalo Wild Wings, a Minneapolis-based restaurant chain that specializes in wings, has a market cap in excess of $1 billion. So why not combine those two loves and create an innovative new type of food: Pig wings? Others competitors like Pioneer Meats also market them). Americans love chicken wings. Fail fast and fail cheap.

Dunning 13

Dunning Wilde Marketing Innovation 13

Harvard Business Review

AUGUST 20, 2013

As a result, in recent years, innovative ideas have been stifled and entire industries have fallen into the death spiral of cost/price cutting commoditization. Instead of risk = bad, leaders need to understand that today, calculated risk = innovation, meeting marketplace demands, leapfrogging competition and creating true profit.

Dunning 8

Dunning Project CTO Innovation 8