The Bounded Mind - Part 5: The High Cost of Knowing: Unlearning the Truths That Trap Us
The Bounded Mind ← Series Home The Burden of Self-Certainty The modern leader is expected to embody determination and consistent decisiveness. Yet, in a rapidly shifting business landscape, rigidity is a liability, and strategic success often hinges on the courage to abandon a previously held conviction. The process of changing one’s mind, however, is not a simple, rational recalculation; it is a profound psychological struggle, as deeply held beliefs serve as psychological anchors. In fact, being efficient in the wrong direction—continuing to push a strategy that is fundamentally flawed—is more dangerous than inefficiency, and the sooner a leader can change their mind and correct the course, the better. The challenge lies in combating the insidious cognitive mechanisms that conspire to lock us into false assumptions and beliefs. ...