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Now that you have a handle on hindsight bias, take a few days to listen for examples of hindsight bias at work or at home, from following the news or sports, or from your boss, friends, or family. Most importantly, pay attention to when you catch yourself in the act.
Proximity, access and influence all feed the C’s ability to make a difference in the wider organisation. Carrying the bags for the chief executive and juggling their diary gives you the opportunity to meet almost every leader in the firm. Pick up the phone and you can make things happen. That kind of extensive, informal network and intensive, intimate contact with people across the organisation and beyond will open doors for you.
Consiglieri
Richard Hytner
As noted in our discussion of the collateral damage types, Cognitive Bias can play a role in deterring the incumbent. But the challenger, by its posture, may be able to influence such a move. How to attempt this? In its ascendancy, the challenger should avoid the temptation of trumpeting its superiority, instead suppressing that urge and adopting a tone of respect toward the incumbent. This behavior may result in the incumbent delaying objective cognition, giving the challenger a headstart on the new business model.
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