Some strategies to overcome overconfidence in strategic planning include: 1) Regularly evaluating and adjusting your perception of the predictability and malleability of your environment. This can help prevent overestimation of these factors. 2) Building adaptive capabilities to address unpredictable environments. This can help ensure that you are prepared for unexpected changes. 3) Prioritizing the speed of decision-making over accuracy in fast-paced environments. This can help prevent delays that could negatively impact your strategic planning.
Follow up to the first part of our Business Strategies and Frameworks compilation, part 2 offers you...
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