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10 Common Thinking Errors Leaders Make

Mark Sanborn

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. Overconfidence Effect This cognitive bias leads leaders to overestimate their knowledge, skills, or abilities, often resulting in rash decisions without adequate planning.

Dunning 104
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10 Common Thinking Errors Leaders Make

Mark Sanborn

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. Overconfidence Effect This cognitive bias leads leaders to overestimate their knowledge, skills, or abilities, often resulting in rash decisions without adequate planning.

Dunning 52
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Federal Contracts Depend on Your Report Card

Women on Business

If you’ve developed a good relationship with your CO during the life of a contract, and even communicated about what he/she plans to put on the CPAR, there shouldn’t be any surprises.). The good news is that you can see what COs have said about your company and add your own comments and explanations.

Report 145
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The New World Of Enterprise Sales

Strategy Driven

The whole sales paradigm had to be changed on the spot – without any prior planning. Companies need to make drastic changes to their websites and marketing collateral to recognize the change in the digital marketplace. Employees no longer went into their office and telecommuted. Suppliers were not allowed to visit the company.

Dunning 97
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Courtside Seats to the Best (And Worst) C-Suites

Harvard Business Review

Often these situations are accompanied by unwritten peer-to-peer contracts that basically say, "I won't challenge your plans, as long as you don't challenge mine. and all bets are off if your plans infringe on my area.". Executives bring their specific business or functional interests to the meeting.

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Businesses Are Getting Used to the Consistently Inconsistent Economy

Harvard Business Review

On one hand, there are wars, terror, market crashes, bailouts, budget crises, cliffs, and sequesters. This is part of the reason that the stock market, which used to move a fraction of a percent each day, now shifts in record swings with increasing volume. Dun & Bradstreet Credibility Corp. The actual response: nothing.

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C'mon, IT Leaders. Take a Chance!

Harvard Business Review

Adoption risk: Adopting technologies or responding to market, business, and technology trends too quickly or too slowly; reactively or over thought, without considering how non-technical implications or unintended consequences contribute adoption risk. Even more impressively, their spin out Dun & Bradstreet Credibility Corp.