Why Smart Leaders Make Bad Decisions (Harvard Business Review, Daniel Kahneman, Dan Lovallo, Olivier Sibony)

Think being the smartest person in the room makes you immune to bad choices? Think again. Behavioral science proves that high IQ often just helps you build bulletproof rationalizations for terrible ideas. Today, we explore the monumental $1.4 billion mistake Quaker Oats made when they acquired Snapple, and why brilliant executives are completely blind to their own cognitive biases like the 'halo effect' and 'groupthink.'Want the full 12-step framework to bulletproof your business decisions? Upgrade to Momentum Premium for the complete deep dive, including the game-changing 'Premortem' technique used by Silicon Valley to save millions before a project even starts.Become a supporter of this podcast: https://www.spreaker.com/podcast/momentum-your-daily-edge-in-leadership--6706012/support.Enjoyed this 5-minute briefing?The full, 20-minute deep dive on this book is waiting for you in our premium feed.Unlock the masterclass to get every key lesson, framework, and actionable insight.🚀 Subscribe to Momentum Premium here!