When Experience Becomes a Liability: The Hidden Cost of Leadership Overconfidence in Shifting Markets
The very qualities that elevate executives to senior leadership—pattern recognition, decisiveness, and conviction—can become organizational liabilities when market conditions shift faster than mental models update. Behavioral research and a growing body of corporate case evidence suggest that overconfident leadership teams are among the most significant drivers of strategic failure in American enterprise. This article examines the psychological mechanisms at work and offers a practical framework
