Management Overconfidence - a Workplace Story
Monday, July 20, 2026, 11:00 AM
Session: SOC Poster Session (Overflow) (In-person)
Overconfident leadership leads to profit loss and workplace problems. It is a problem that is not very visible or even wilfully ignored. There may be difficulty getting responsible entities to listen to the problem. The model showcases what happens in an organisation when the leadership makes poor decisions because of overconfidence in own abilities. Model objective is to explore various solutions and frameworks for implementing change within realistic boundaries. The resulting model reproduces targeted scenarios such as collapse and unhealthy oscillation. Policy analysis proves the only way to avoid the problem is to not initialise the model in the problem scenario. The problems stemming from abundant confidence is hurting both employees and employers. Understanding of the problem is needs to reach key people to implement change. Organisations run by humans are subject to human error. Future work should focus on embedding the behaviour more in literature.