Recognising the Dunning-Kruger effect in business – and finding solutions

Read more about the article Recognising the Dunning-Kruger effect in business – and finding solutions
Dunning Kruger

The Dunning-Kruger effect—where inexperienced individuals overestimate their abilities while experts underestimate theirs—manifests frequently in business decisions. From misguided acquisitions to underestimated implementation challenges, this cognitive bias can derail projects. Practical strategies include building diverse teams, encouraging psychological safety, and engaging external expertise.

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