Posts Tagged ‘business profits’
How Confirmation Bias Reduces Business Profits
The confirmation bias causes leaders to look for information that confirms their beliefs, and rejecting information that does not. To overcome this dangerous cognitive bias, leaders should test decisions by trying to prove themselves wrong.
The confirmation bias causes leaders to look for information that confirms their beliefs, and rejecting information that does not. To overcome this dangerous cognitive bias, leaders should test decisions by trying to prove themselves wrong.