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Why Do Managers Fail to Act on Their Predictions?

The Harvard Business School working knowledge has an interesting article about Readers Respond: Why Do Managers Fail to Act on Their Predictions?

Here a teaser:

    A quote from a book whose title escapes me says it well: “The core competency of executive management is wishful thinking.” Playing it safe leads to the best payoff and explains why inertia often rules. Many so-called leaders lack imagination, a cause they can make others enlist to, and/or the courage to challenge the status quo.
    Edward Hare
    Retired Director, Planning
    Fortune 300 manufacturer



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