When Expertise Becomes a Liability Harvard Case Solution & Analysis

When Expertise Becomes a Liability Case Solution

This is just an excerpt. This case is about STRATEGY & EXECUTION

PUBLICATION DATE: December 01, 2016

The most vital function of every single executive group is to make choices that benefit a company in the long term. The majority of us would picture that the more website professionals there remain in a specific group, the much better: their cumulative understanding of threats and chances in a specific market will certainly result in efficient long-lasting decision making. The authors reveal that this thinking is flawed. They explain their research study, which shows that in particular scenarios, groups that are controlled by domain specialists might display 3 hazardous propensities that in fact diminish efficient decision making, consisting of over-confidence and 'cognitive entrenchment'.

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