What’s the name of the psychological leadership mistake when someone chooses a course of action and as it plays out, they get information feedback that seems to suggest it’s the wrong course of action.

But instead of reassessing the situation, the person incorporates the negative feedback into his current model rather than rethinking the model all together.


What is the name of that common leadership mistake? Thanks.


Is there a name for this?

Second Question.
Also, have you ever gone to a doctor or other professional and describe to them a problem. But they are not sophisticated enough so they put the facts in an incorrect model of thinking.

They come up with the wrong answer but insist that it’s right or the problem is really you giving them the wrong information.

They get frustrated if you press them that there is a better answer and they need to figure it out. But they do not have the intellectual capability or will power to improve enough to solve the problem.


Basically when someone with lower intellectual ability is in a position of power and has an arrogance over you. They are satisfied with the wrong answer and move on.

Not specific to leadership, but in many ways you are describing the sunk cost fallacy.


https://time.com/5347133/sunk-cost-fallacy-decisions/



“The sunk cost effect is the general tendency for people to continue an endeavor, or continue consuming or pursuing an option, if they’ve invested time or money or some resource in it,” says Christopher Olivola, an assistant professor of marketing at Carnegie Mellon’s Tepper School of Business and the author of a 2018 paper on the topic published in the journal Psychological Science. “That effect becomes a fallacy if it’s pushing you to do things that are making you unhappy or worse off.”

Humans get caught in this psychological trap for several possible reasons, Olivola says. Sticking with the plan, even when it no longer serves you, could be an attempt to correct cognitive dissonance: the mental disconnect between paying for something and not getting the expected return on investment. It could also be a knee-jerk reaction to regret. Or, Olivola says, it could be an attempt to convince others, and ourselves, that we’re not wasteful.

“All of these things are irrational, in the sense that you should realize the money is gone,” Olivola says. “But I do think people do these things because they want to convince themselves that they’ve managed to recapture the loss.”

Yes professionals are wrong plenty of times, but chances are you are probably the one who is wrong and you’re just a victim of the dunning-Kruger effect. Or even more likely, you’re both wrong but again you assume you are right due to overestimating your understanding.

It's not really a "mistake", some things don't always go as planned or you're outmaneuvered, so you need to make adjustments. You can't always just backpedal and completely start over, such as things of war or sports for instance.