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When an economist was asked to name the three people most responsible for Iceland’s bankruptcy, she nominated Davíð Oddsson for all three spots. As Iceland’s prime minister from 1991 to 2004, Oddsson put the country’s banks in jeopardy by privatizing them. Then, as governor of Iceland’s central bank from 2005 to 2009, he allowed the banks’ balance sheets to balloon to more than ten times the national GDP. When the people protested his mismanagement, Oddsson refused to resign and had to be forced out by Parliament. Time magazine later identified him as one of the twenty-five people to blame for the financial crisis worldwide. Nevertheless, in 2016 Oddsson announced his candidacy for the presidency of Iceland: “My experience and knowledge, which is considerable, could go well with this office.” In theory, confidence and competence go hand in hand. In practice, they often diverge. You can see it when people rate their own leadership skills and are also evaluated by their colleagues, supervisors, or subordinates. In a meta-analysis of ninety-five studies involving over a hundred thousand people, women typically underestimated their leadership skills, while men overestimated their skills. You’ve probably met some football fans who are convinced they know more than the coaches on the sidelines. That’s the armchair quarterback syndrome, where confidence exceeds competence. Even after calling financial plays that destroyed an economy, Davíð Oddsson still refused to acknowledge that he wasn’t qualified to coach—let alone quarterback. He was blind to his weaknesses. Jason Adam Katzenstein/The New Yorker Collection/The Cartoon Bank; © Condé Nast The opposite of armchair quarterback syndrome is impostor syndrome, where competence exceeds confidence. Think of the people you know who believe that they don’t deserve their success. They’re genuinely unaware of just how intelligent, creative, or charming they are, and no matter how hard you try, you can’t get them to rethink their views. Even after an online petition proved that many others had confidence in her, Halla Tómasdóttir still wasn’t convinced she was qualified to lead her country. She was blind to her strengths. Although they had opposite blind spots, being on the extremes of confidence left both candidates reluctant to rethink their plans. The ideal level of confidence probably lies somewhere between being an armchair quarterback and an impostor. How do we find that sweet spot? کانال خلاصه کتاب (https://t.me/luminous_bookclub) کانال موزیک (https://t.me/luminous_music) کانال مکالمات روزمره (https://t.me/foroughpapi) پیج اینستاگرام: Luminous__english Castbox channel: luminous english 📚هایلایت قسمت 23 کتاب Think Again ✅ economist : اقتصد دان ✅ bankruptcy : ورشکستگی ✅ prime minister : نخیت وزیر ✅ jeopardy : خطر ✅ privatizing : خصوصی کردن ✅ governor : حاکم، رییس ✅ central bank : بانک مرکزی ✅ protest: اعتراض کردن ✅ mismanagement : سومدیریت ✅ identify: شناسایی کردن ✅ blame : تقصیر ✅ financial crisis : بحران مالی ✅ worldwide : سراسر دنیا ✅ nevertheless : با این حال ✅ announce: اعلام کردن ✅ candidacy : نامزدی ✅ presidency : رباست جمهوری ✅ considerable : قابل ملاحظه ✅ competence : شایستگی ✅ diverge : جدا شدن ✅ leadership : رهبری ✅ evaluate: ارزیابی کردن ✅ colleague: همکار ✅ supervisor : مافوق، سرپرست ✅ subordinate : زیردست ✅ underestimate : دست کم گرفتن ✅ Overestimate: دست بالا گرفتن ✅ convinced: مطمئن ✅ coach: مربی ✅ sidelines: کنار زمین ✅ armchair quarterback : منتقد بیرون گود ✅ exceed: بیشتر بودن ✅ destroy: خراب کردن ✅ qualified : شایسته ✅ weakness : شعف ✅ opposite : مخالف ✅ genuinely : واقعا ✅ unaware : بی خبر ✅ intelligent: باهوش ✅ petition : کمپین ✅ strength : قدرت ✅ extreme : نهایت ✅ reluctant : بی میل ✅ spot : نقطه، جایگاه ➖➖➖➖➖➖➖➖➖➖➖➖
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