Javier M.’s Post

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IESE | Wharton MBA | Corporate Development

🚗 Do you consider yourself an above-average driver? 👨💻 In a software engineering company, 42% of employees predicted they would rank in the top 5%, demonstrating a lack of self-awareness (Zenger, 1992). 📚 A survey of college professors revealed that 94% thought they do “above average” work—a figure that defies mathematical plausibility (Cross, 1977). 🏎 Similarly, inexperienced drivers with less than six months' experience are eight times more likely to get into an accident due to their overconfidence (Marottoli & Richardson, 1998). 💡 The Dunning-Kruger effect causes those who lack knowledge and skill to overestimate their abilities while causing competent individuals to think less of their talents. 💪 To avoid the Dunning-Kruger effect, seek feedback from others and gain insight into others' abilities to get a more realistic understanding of your own skills. Don't assume that thinking you're an expert means you've reached your full potential -Strive to continuously learn and improve your skills. #DunningKrugerEffect #DrivingSkills #ContinuousLearning

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Alfredo V.

Director • Strategy, Risk & Transactions • Deloitte

2w

So true. Confidence and competence are totally different things that show little to no correlation. The problem mostly comes when organizations and managers positively discriminate and promote individuals in the top left spot based on the false assumption that showing an extraordinary level of confidence is a strong signal of performance and delivery.

Jordi Martínez Llamas

Digital Supply Chain | Project Management | Ex Deloitte

2w

It seems to me that with how fast we evolve, specially for tech, we are constantly going down the wave 🏄♂️

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I guess what makes business so fun is that there are several concrete scorecards what can look at to gauge performance. Revenue, churn, time to deployment, employee turnover etc. Also, the moment you think or are above average and don’t change the game to play a broader game you are below average 😅

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