petrhoudek.bsky.social
Assoc. Prof. | Prague University of Economics and Business | Research in behavioral ethics, dishonesty, forensic economics, and behavioral interventions.
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6/ 🎓 Read the full study on how random external factors impact leader evaluations and decision-making here: sciencedirect.com/science/arti... We have replicated an earlier study by Weber, Camerer, Rottenstreich, and Knez (2001).
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5/ 🚨 Key takeaway: Misattributing success or failure to leadership rather than situational factors can lead to poor decision-making and organizational dysfunction. #DecisionMaking #Leadership
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4/ 🧠 Overconfidence trap! Leaders who succeeded in easier tasks were more willing to take risks in harder challenges, despite their initial success being due to external factors. 🎯#RiskTaking #CognitiveBias
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3/ 👥 Gender differences emerged: Female leaders were more lenient in evaluating their teams in tough situations compared to male leaders. 💡 #GenderStudies #Leadership
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2/ 🔬 In an experiment, we found that team members wrongly credited or blamed leaders based on randomly assigned task difficulty. Success was tied to easy tasks, while hard tasks led to negative evaluations. Leaders were judged on outcomes beyond their control. ⚖️
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Forces such as business education, management gurus, and expectations from stakeholders create the ideal identity of a manager. Their real identity cannot fully achieve the ideal. The inability to acknowledge some differences leads to managerial taboos, which cause several negative consequences