Knowledge@Australian School of Business

Unskilled and Unaware: Finding a Cure for Over-Confidence


Listen Later

In a study of particular relevance to managers, Andreas Ortmann, a

professor of experimental and behavioural economics at the Australian
School of Business, has found that people at the lower end of the
competence spectrum in any environment tend to over-estimate their
talents in comparison to those around them. They are over-confident and
unaware of it, a potentially disastrous combination in team leaders. But
Ortmann says that with the right feedback, all but the least competent
people can be calibrated to recognise their actual skills level and
perform better as a consequence. And even the least competent can be
helped, though it may take a lot longer.

...more
View all episodesView all episodes
Download on the App Store

Knowledge@Australian School of BusinessBy theBox


More shows like Knowledge@Australian School of Business

View all
UniWide Configuration Video Instructions by theBox

UniWide Configuration Video Instructions

0 Listeners

Art and Design by (incomplete)

Art and Design

14 Listeners

Law and Society by (incomplete)

Law and Society

0 Listeners

TV shows and interview series by (incomplete)

TV shows and interview series

0 Listeners

Talking Point (audio) by (incomplete)

Talking Point (audio)

0 Listeners

Science and Engineering by (incomplete)

Science and Engineering

0 Listeners

Knowledge@Australian School of Business - Video Interviews by theBox

Knowledge@Australian School of Business - Video Interviews

1 Listeners

Refugee Conference 2011 by (incomplete)

Refugee Conference 2011

0 Listeners

Strategic Management of Business and Technology by Bill Twyman

Strategic Management of Business and Technology

2 Listeners