الوضع الليلي
0
Choosing the wrong advisers
12:38:56 2023-06-21 1268

Sometimes knowingly, sometimes not, decision makers stack the deck by turning to like-minded advisers. In a study of CEOs, for example, those at companies with poor financial performance (measured by market-to-book value) were more likely than those at high-performing ones to seek advice from executives in the same industry and with a similar functional background. The result was limited strategic change—less product-market and geographic diversification. What’s more, several field studies confirm that advice seekers are more receptive to guidance from friends or other likable people. Though friendship, accessibility, and nonthreatening personalities all impart high levels of comfort and trust, they have no relation to the quality or thoughtfulness of the advice.

Seekers also fail to think creatively enough about the expertise they need—which fields might bring valuable insight, who has solved a similar problem before, whose knowledge is most relevant, whose experience is the best fit—or cast a wide enough net to find it. Unfortunately, to make sense of a messy, volatile world, leaders often shoehorn people into tidy categories that don’t reflect their full range of wisdom. That’s a mistake President John F. Kennedy made leading up to the Bay of Pigs invasion. He didn’t consult Secretary of Labor Arthur Goldberg for advice, assuming that Goldberg lacked a background in military matters. But as the journalist David Halberstam describes in The Best and the Brightest, Goldberg had run guerrilla operations during World War II, so he understood that guerrillas were “no good at all in confronting regular units.” He explained to the president: “Whenever we used them like that, we’d always lose all our people….But you didn’t think of that—and you put me in the category of just a Secretary of Labor.”

 

Foresight   2026-03-24
Reality Of Islam

The Shortest Road to Success

11:26:37   2026-04-18  

False Advantages and Distinctions

11:1:47   2026-04-12  

Honour, from the Islamic Viewpoint

11:37:51   2026-04-08  

Refraining from Humiliation

10:17:9   2026-04-05  

A Mathematical Approach to the Quran

10:52:33   2024-02-16  

mediation

2:36:46   2023-06-04  

what Allah hates the most

5:1:47   2023-06-01  

allahs fort

11:41:7   2023-05-30  

striving for success

2:35:47   2023-06-04  

Imam Ali Describes the Holy Quran

5:0:38   2023-06-01  

livelihood

11:40:13   2023-05-30  

silence about wisdom

3:36:19   2023-05-29  

MOST VIEWS

Importance of Media

9:3:43   2018-11-05

Illuminations

the 1st ever brothers

6:14:17   2018-06-21

bahlool & a businessman

8:21:9   2018-06-21

noah & his ark

7:59:14   2018-06-21

do not burn out

2:34:48   2022-01-18

pure nature

7:34:7   2023-02-28

educators

9:50:37   2023-02-28



IMmORTAL Words
LATEST Want Less Stress? Landmark Study Points to a Simple Habit What Makes Rubber So Strong? Scientists Finally Solve 100-Year-Old Mystery Most Active Volcano in Europe Just Got Stranger When Teens Focus on TV, Obesity Risk Rises Steadiness in Friendship Interpretation of Sura al-Nur - Verses 41-42 New Research Uncovers Hidden Side Effects of Popular Weight-Loss Drugs Scientists Shrink a Lab Spectrometer to the Size of a Grain of Sand Scientists Raise Concerns Over Newly Recognized Pollutant Found Everywhere in the Air Despite Big Progress, Many Kids Have High Lead Levels in Blood The Shortest Road to Success Interpretation of Sura al-Nur - Verse 40