Tag: cognitive biases
How Not to Let Cognitive Biases Control Us When Dealing with COVID
Protect yourself from poor COVID-related decisions by being aware of cognitive biases -- particularly the normalcy bias, attentional bias, and planning fallacy -- and making strategic plans that can prevent your gut reactions from taking over.
Wise Decision Maker Movement Manifesto (Videocast and Podcast of the “Wise Decision Maker Show”)
The choice that feels most comfortable to your gut is often the worst decision for your bottom line. To be a truly wise decision maker, you have to adopt counterintuitive, uncomfortable, but highly profitable techniques to avoid business disasters by making the best decisions. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes the Wise Decision Maker Movement Manifesto.
Why Your Negotiations Are Doomed (And How to Rescue Them)
We intuitively overestimate how well others read us and how well we read others in negotiations, a dangerous judgment error called illusion of transparency. This mental blindspot leads to disastrous results in negotiations and other important communications.
Your Dangerous Mistakes? Cognitive Bias in Decision Making at Work (Videocast and Podcast of...
Want to avoid the dangerous judgment errors that scholars in cognitive neuroscience and behavioral economics call cognitive biases in your work? This videocast and podcast will help you defeat all types of cognitive bias!
How to Evaluate Unconscious Bias Caused by Cognitive Biases at Work
To address unconscious cognitive biases in your workplace, you need to evaluate thoroughly their impact on your own professional activities, as well as more broadly in your team and organization, and make and implement a plan to address the problem.
8 Key Steps to Prevent Failure in Implementing Decisions or in Managing Projects and...
To prevent a project or process disaster, imagine that it completely failed. Then, brainstorm all plausible reasons for failure, and generate solutions to these potential problems. Integrate these solutions into your project or process. To maximize project or process success, envision that it succeeded spectacularly. Brainstorm likely reasons for such success, and generate strategies that would lead to such success. Integrate these strategies into your project or process.
How to Avoid Business Disasters with Behavioral Science
Caption: Sad business woman (pxhere) Facebook’s Cambridge Analytica data breach scandal led to a massive fall in the Facebook’s stock price, governments around the world...
Video: 4 Strategies to Protect Yourself From Thinking Errors
Dr. Hal Arkes Our minds are wired to make irrational decisions and commit a wide variety of thinking errors, called cognitive biases by scholars. Yet...