dunning kruger effect in day to day business
The Dunning-Kruger effect is a cognitive bias where people with low ability at a task overestimate their competence, while those with high ability underestimate it. In day-to-day business, this manifests in various ways, impacting decision-making, team dynamics, and productivity. Here’s how it plays out with practical examples:
Overconfident Incompetence: Employees or managers with limited skills or knowledge may believe they’re highly capable, leading to poor decisions. For example, a junio…
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