Thesearecrazytimes
Well-Known Member
I have been trying to figure out how seemingly intelligent people could allow a corporation to fail so badly on so many levels. I believe they are not stupid, but they are incompetent from the very top down to many of the ops managers. And they reinforce their incompetence, one to another. There is a name for this. It is called the Dunning-Kruger effect. For those unfamiliar, I will include a short definition below;
"The Dunning-Kruger effect is a type of cognitive bias in which people believe that they are smarter and more capable than they really are. Essentially, low ability people do not possess the skills needed to recognize their own incompetence. The combination of poor self-awareness and low cognitive ability leads them to overestimate their own capabilities."
"The Dunning-Kruger effect is a type of cognitive bias in which people believe that they are smarter and more capable than they really are. Essentially, low ability people do not possess the skills needed to recognize their own incompetence. The combination of poor self-awareness and low cognitive ability leads them to overestimate their own capabilities."