Mark Sanborn

SEPTEMBER 17, 2023

This can result in poor decision-making and a lack of innovative thinking. Dunning-Kruger Effect Incompetent leaders overestimate their ability, not recognizing their lack of skill. 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 102

Dunning Consensus Groupthink Charisma 102

Mark Sanborn

SEPTEMBER 17, 2023

This can result in poor decision-making and a lack of innovative thinking. Dunning-Kruger Effect Incompetent leaders overestimate their ability, not recognizing their lack of skill. 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 52

Dunning Consensus Groupthink Charisma 52

Great Leadership By Dan

JULY 15, 2016

I call this contradiction in the demands made of an entrepreneur the Paradox of Scale; in order to achieve fast growth, you had to be disruptively innovative and improvisational, and in order to sustain it, you have to become intensely disciplined and rigorously managerial. Some founders have no problem at all with this transition.

IPO 120

IPO COO Dunning Delegation 120

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. I Think Not.

Leadership 419

Leadership Blog Consultative Brand 419

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

Harvard Business Review

AUGUST 29, 2012

So why not combine those two loves and create an innovative new type of food: Pig wings? He and his team are in the midst of transforming Farmland Foods from a supply/commodity company into a demand-driven innovator. And yet when marketing the innovation to consumers, Farmland is continually met with skepticism.

Dunning 15

Dunning Wilde Marketing Innovation 15

Harvard Business Review

SEPTEMBER 16, 2014

These innovative players, such as OnDeck, Funding Circle, and Fundera are disrupting the market by using technology to solve problems that have made small business lending costly for traditional banks. Some, at least, believe that new entrants and their innovative predictive approaches can change the game in small business lending.

Credit Scoring 11

Credit Scoring Banking Dunning Metrics 11