Q; Read the article carefully. Summarize your understanding from the article

. If you fake confidence, you may fall to prepare your organization-or your nation-for an Impending risk and then manage It badly when if does hit. many others, justifiable confidence mon. We should require our would-be explicitly appoint a faculty member to Is an essential ingredient for wise leaders to provide evidence of their highlighta candidate's woknowass and docision-making. capabilities and invite them to bet on the argue for why the person shouldn't get dalas about which they're so confident. tenure. Some courageous leaders woask So we shouldn't try to project a a trusted confidant with standing within confidence that we don't actually Does that moon that In a mooting a Their organization to question what hard? Even when we're the boar? supposed to say something the bees is saying and take the contrary I'm going to question your assumption like "I'm 50% sure we'll soo $10 mll position in dicussions of Important that bosses or other business poople In sales in the first your?" Exactly. Initiatives. Another strategy is to have should do that. Imagine that an What does each torn member forecast people weigh in with their opinions and entrepreneur is pitching a venture for first-year sales? Have them commit to prodic Home before the leader speaks, IT capitaled. Is It really useful for the the chance that sales will surpass or fall you don't know what the boss is going to entrepreneur to dolade themselves short of some my bor and then publicbog say, you're more likely to offer an honest and the venture capitalist about the their bot. When there's a reputational point of view that might be contrary to potential of their business? That creates stake associaled with these typesof his or ber penspocthe. problems when they overpromise forecasts, everyone tends to be a little and fail to deliver. Entrepreneurs can more circumspect and realistic, which In your book Perfectly Confidant you be honest and successful. Jeff Bangs leads to better predictions admit that your mother thinks you're estimated that there was a 70% chance a "Dabble Downor" about optimism. that Amazon would fall. He told his How also can poople bring thair How do you respond to that? My parents, who were among his carlisst confidence In ling with reality? Use the position is that people should be love investors, not to give him any money most general-purpose deblasing strategy The truth and align their belief's with they could not afford to lose. that psychologists have identibed: Do really. That's the only approach that a mulfly check by asking yourself why I can recommend in good conscience. Adda from the risk of underperforming you might be wrong, because kmowing Sometimes that means bringing expectations, what's the harm In a where your perception might dher go Johndons of grandour down to earth little false confidence? Don't a lot of from the truth helps you accurately and earning your confidence by doing people get ahead by faking It until callrate your combdence. Explicitly the work needed to become the type they make It? I have done research consider the other side. How might you of performer you'd like to be. But for showing that displays of confidence be making a mistake? What would your anyone suffering from underconfidence, affpence and sodal datus. greatest critics say about your plan or It actually moans increasing your Obviously, you can fool some of the bellof? Inviting a trusted adviser to play confidence so that it more accurately poople some of the time with false devil's advocate is also a good idea. After reflects your potential. When you bravado. But it is a fragile leadership the Bay of Pigs nasco, John F. Kennedy should be confident but aren't, It can strategy. Even if you reconcile yourser Implemented many such chocks within load to missed opportunities-ventures to the implicit hypocrisy, you have to the maculive branch, including booting you failed to start, jobs you failed to worry about beingunmasked. And T you up the daily intelligence briefings apply for, relationships you failed to take combdence, you may fall to propane he got so that they would challenge Initiate bocause you underestimafod your organization-of your nation-for is accuimptions-an approach that your chances of success. That's as big a as kopending risk and then manage It seems to be out of favor in the current mistake as thinking you're better than badly when it does hit. This highlights administration. you rally are. the nood for us as employees of Investors In my own organization, when Interview by Gardiner Maras or voters to be wary of poscurs and com we make decisions about ic mire, me HER Reprint FoodedHER: Let me guess.. Wetried encouraging people-making them think they would do well- on a range of things endurance and athletic challenges, trivia quizzes, boring Don Moore of Berkeley's Haas School of Business and his colleagues gave a porsidence tasks, and even "Where's math test to a group of volunteers after manipulating their confidence. Half Waldo?" puzzles. There was DO were told that the results of their Intake surveys predicted that they would get arena in which we found an effect on performance. most answers right, the other half were told that they'd bomb the test. Going In members of the first group were optimistic about how they would perform, But walt. Are you saying that "You've get this! You can do it!" pop talks are while those in the second group had real doubts. Their expectations matched a warto of time? We didn't spocifically those of observers who were asked to guess which subjects would do better. study pop talks. What I can say is that telling poople they're going to nail it But the two groups of test takers scored nearly the same. The conclusion. isn't necesarily going to make thom do better. In fact, ffa "You're awesomel" Confidence Doesn't kind of spooch convinces an individual or a team that they can do better than they actually cam, it cam impair Always Boost Performance their perform mance-because they're overconfident and think they don't have to try as hard. My students who are the most sure that they're going to are an exam and therefore don't study Professor Moore, aren't the ones who get the best grades. Having accurate beliefs about your likelihood of success and what it's going DEFEND YOUR RESEARCH to take to achieve it is the best mindset for any task. So jus uflabia confidance Is OK-and possibly can boost your performance? Youl Justifiable confidence not only is OK but is essential. If you will probably win the Moons: When Elbabeth Tenney, Jennifer and felt positively about how they'd do contest, it would be a mistake to stay out Logy, and I did the experiment, we fared Do better than those who were told offt. If the new product will probably expected to find that being confidant that they would get most of the answers bea success, it would be a mistake not would enhance performance. That made wrong and were worried about it. So we to introduce it. If you would hit it off Intuitive serge to us. But we simply figured maybe a math test wasn't the with that attracthe stranger, It would Called to see that result. People who best maxsure. Maybe we'd see different bea mistake pot to Introduce yourself were told that they would perform well affects with different types of tests. to him or her. In these contexts, as in