The Recently Elected (Volunteer) President of a Local Charity Came

question 60

Essay

The recently elected (volunteer) president of a local charity came into office on a whirlwind of campaign promises to revitalize the organization. But after a month into his term, cooperation from the volunteer staff evaporated, and they seemed to turn on him, resisting every change he attempted to implement. They knew him well because he had been 1st VP for two years, but now they charged that every change proposed would result in poor press for the charity. What steps should the president take to overcome barriers to change?

Grasp the concepts of prospect theory, including loss aversion and the framing effect on economic behavior.

Recognize the impact of hindsight bias and overconfidence in judging past and future events.

Identify how self-serving bias affects personal accountability and perception of events.

Understand the role and effect of confirmation bias in reinforcing existing beliefs and perceptions.