Inarticulate ramblings of a management consultant

the day to day experiences of a consultant operating in weird and wonderful client situations

Overconfidence effect – why the most certain person in the room is usually wrong

The latest in our series on the impact of unconscious bias in M&A / Transformation. At the risk of repeating myself (apparently that happens a lot…according to my children / wife!) the issue of overconfidence in deals is a real challenge.

When we look mature organisations who use M&A as their primary growth engine, one of their distinguishing features is that at least one person in the decision making room hasn’t drunk the coolaid and is therefore able / encouraged to provide a strong independent perspective.

Let me know what you think!

https://open.substack.com/pub/acquisitionsunchallenged/p/overconfidence-effect-why-the-most?r=7687dd&utm_medium=ios

Categories: Transformation

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