Bob, an executive engineer at a company, always second-guesses himself and has low self-confidence. When he is assigned a project that is completely new to him, his peers repeatedly tell him that he will not be able to execute the project because of lack of confidence and that the project is bound to fail. Bob starts believing his peers and puts less effort into the project. As a result, the project fails. This scenario illustrates:
Bob, an executive engineer at a company, always second-guesses himself and has low self-confidence. When he is assigned a project that is completely new to him, his peers repeatedly tell him that he will not be able to execute the project because of lack of confidence and that the project is bound to fail. Bob starts believing his peers and puts less effort into the project. As a result, the project fails. This scenario illustrates:
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Bob, an executive engineer at a company, always second-guesses himself and has low self-confidence. When he is assigned a project that is completely new to him, his peers repeatedly tell him that he will not be able to execute the project because of lack of confidence and that the project is bound to fail. Bob starts believing his peers and puts less effort into the project. As a result, the project fails. This scenario illustrates:
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