Posts tagged with: Managing hubris
Executive over-confidence and compensation structure. (2016)
"...firms tailor compensation contracts to individual behavioral traits such as overconfidence.” Mark Humphery-Jenner, UNSW Business School, Australia; Ling Lei Lisic, George Mason University, Virgina; Vikram Nanda, Rutgers University New Jersey...
Behavioral issues in the practical application of scenario thinking: Cognitive biases, effective group facilitation and overcoming business-as-usual thinking. (2016)
Participants’ cognitive biases can both help and hinder scenario thinking: but expert facilitation can challenge and attenuate individuals’ overconfidence. Stephanie Bryson, Megan Grime, Adarsh Murthy and George Wright; Strathclyde Business School. Chapter in Behavioral...
Chilcot’s lessons. (2016)
"The Chilcot report (into the war in Iraq) is … also a study into how decision-making can go wrong. Here are nine lessons (from Chilcot) for investors. Chris Dillow. Investor...
What decision makers can learn from Blair’s failures. (2016)
"Iraq war shows how an inner circle that becomes a cabal will confirm what CEOs think they know." Andrew Hill. ft.com 11 July 2016. It should come as no surprise...
Anti-hubris toolkit taking shape at Surrey
A practical ‘anti-hubris toolkit’ is taking shape in the UK at Surrey Business School’s Business Insights Lab. It’s an initiative founded on the belief that while academic research into the...
Four threads to provide basis of first anti-hubris toolkit
The first anti-hubris toolkit, now being developed by participants in a Surrey Business School initiative, may be built around four key ‘products’ or threads: Hubris MoTs/health checks Organisational stories as...
Quo Vadis Hubris? A personal view of the Guildford Hubris Workshop, 18 May 2016.
Another in an occasional series of contributions from friends of the Daedalus Trust. Marc Atherton MSc, CPsychol, CSci, AFBPsS, FRSA, MRAeS, EuroPsy The ‘Anti-Hubris Toolkit’ Workshop hosted by Eugene Sadler-Smith...
The Sneetches. (2016)
"One bulwark against hubris bias or conformity bias comes from placing decision-making in the hands of a committee, diverse in its composition, independent in its mindset. Andrew G. Haldane, Chief...
May event aims to develop practical ‘Anti-Hubris Toolkit’
This event has now been held. For a report and downloadable summary see Anti-hubris toolkit taking shape For a wrap up, see: Quo Vadis Hubris? A personal view of the Guildford...
Incoming UK Financial Conduct Authority (FCA) chief warns of ‘hubris risk’ in firms’ culture. (2016)
"Hubris should be classed alongside credit and liquidity risks. Jill Treanor The Guardian>Regulators, Monday 9 May 2016. Andrew Bailey (pictured), incoming chief executive of the UK’s Financial Conduct Authority (FCA),...