It seems like something we’d all like to be better at – thinking strategically. At the end of the day on Thursday at We11, Marianne Stanke presented a session on the Eight Flaws of Strategic Thinking. The first thing on the list was overconfidence. Probably the session could have stopped right there. If we were able to be realistic about our abilities and our organizations’ abilities, how would that affect our strategies? It’s a fine line to walk. We want to challenge ourselves and grow but being overconfident sets us up for failure and stops us from asking for help or exploring alternatives.
What if it isn’t your own overconfidence getting you in trouble? Don’t be fooled by overconfidence in others either. I know I often fall into the trap of trusting people who exude confidence. Here’s a secret, if there is substance behind that confidence, people won’t be offended or threatened if you ask questions or challenge their strategies. And they may even manage to sell you on their strategy.
Do you have an stories to share about times overconfidence got you in trouble? I can only hope I’m not being overconfident in my ability to commit to this blog. All I can say so far is that I’m not a one-hit wonder!