Question
Imagine that you are the CEO of a car company, currently trying to launch a cutting-edge, self-driving car. Your development team approaches you with two
Imagine that you are the CEO of a car company, currently trying to launch a cutting-edge, self-driving car. Your development team approaches you with two prototypes: a version that resembles an oval (Prototype A) and a version that looks more like a rectangle (Prototype B). You have the resources to launch only one version at the moment, and as the leader, they ask you to make the final decision on which version to launch. After your design team leaves, one of your VPs from a different department pulls you aside and says, "Look, just between you and me, we should definitely go with Prototype B." When you ask them why they are so confident, they respond, "I just know it. I have been in this business for years, and I can think of many past examples of rectangular cars that sell well, and I just I know that it's going to work again." According to our class, what are two management pitfalls that your VP is likely falling susceptible to, what they should do instead, and what is an example that the VP's mentality reminds you of?
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