Key Facts or Insights from "The Halo Effect"
- The Halo Effect is a cognitive bias that affects our perceptions and judgments in both business and personal contexts.
- Business success or failure is often the result of complex, interdependent factors, not just one or two key decisions or strategies.
- Most business books and case studies are filled with delusions that oversimplify or misrepresent the true causes of company performance.
- One such delusion is the tendency to attribute a company’s success or failure to its leadership, while ignoring other important factors such as market conditions or competitive landscape.
- The Halo Effect...