The Hare and the Tortoise, The Fables of Aesop, Thomas Bewick (1753-1828), Source: The Bewick Society

Advantages of Confidence and Dangers of Overconfidence

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Key Concept

Confidence can be a useful quality for leaders to demonstrate when they wish to gain stature, credibility and influence. But what happens when a leader acts overconfidently? The past is overpopulated with overconfident leaders who have led their companies to disaster. Finding the balance between leveraging the benefits of acting confidently and avoiding the dangers of overconfidence is crucial. This Idea explores how to do so.

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