Good strategy grows out of an independent and careful assessment of the situation, harnessing individual insight to carefully crafted purpose. Bad strategy follows the crowd, substituting popular slogans for insights.
Being independent without being eccentric and doubting without being a curmudgeon are some of the most difficult things a person can do. . . .
An important virtue of a good leader is putting the situation in perspective and having cool-minded judgment. Both virtues help mitigate the bias inherent in social herding and the inside view. The inside view describes the fact that people tend to see themselves, their group, their project, their company, or their nation as special and different.
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