3 reasons people with power are more likely to make bad decisions

Mon, 11 Oct 2021 06:15:28 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/3-reasons-people-with-power-are-more-likely-to-make-bad-decisions-169017>

"Research shows having a formal position of authority with influence over
people, resources and rewards is associated with cognitive and behavioural
costs. People who feel powerful (either in the moment or consistently) make
significantly lower estimates of the likelihood of negative outcomes. They are
more likely to take risks both to obtain gains and avoid losses.

Feeling powerful makes us more prone to three behavioural patterns that
increase the likelihood of making poor decisions: overvaluing our own
perspective; dismissing the expertise of others; and failing to recognise
limitations."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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