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by lapcat
1503 days ago
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> I honestly think we're very biased towards assuming our senior corporate leaders are foolish and misguided. I honestly think we're very biased towards assuming our senior corporate leaders are gods and not fallible mortals. All humans make mistakes. Very bad mistakes. Even very smart people. Depending on circumstances and level of power, some people suffer the consequences of their mistakes, and others don't. One common mistake of leaders is to surround themselves with "yes men" who never criticize them or tell them the truth. Leaders can become very detached from reality, but their power allows them to survive and even thrive in a state of reality detachment. And these leaders always have people who will defend them no matter what and paint them as infallible geniuses because of their power, which is part of what contributes to never suffering the consequences of mistakes. |
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But when they committed to that mistake, they thought they were right at the time.
https://pubmed.ncbi.nlm.nih.gov/23771902/
Diagnostic errors by Doctors are probably the gold standard of being error free. My estimate is that CEO types are usually right at least 60% of the time with these big decisions as it were.
What I'm curious about is why they thought they were right when they made the decision.