Posts Tagged ‘cognitive bias’
How to Establish a Bias-Free Procurement Process
Any procurement process not protected from bias risks a bid protest. To protect the procurement process, officials need to learn about and address cognitive biases in procurement decision-making.
Read MoreSafety Campaigns Lead to Dangerous Outcomes
Armchair psychology often undermines safety campaigns and other marketing messages, due to psychological phenomena such as the boomerang effect. Overcoming these problems requires using best practices from behavioral science.
Read MoreHow Associations Can Improve New Member Retention
To improve new member retention, associations need to avoid dangerous judgment errors. An example is the overconfidence bias, which causes association leaders to be excessively confident about what new members want.
Read MoreYour Dangerous Mistakes? Cognitive Bias in Decision Making at Work (Videocast and Podcast of the “Wise Decision Maker Show”)
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!
Read MoreHow 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.
What Do Employees Want When They Return to the Office?
Our assumptions about what others want are often incorrect due to the cognitive bias called the false consensus effect. Extensive research shows that most employees place a premium on telework and work-life quality after the pandemic
Read MoreThis Valentine’s Day, Men and Women Should Make Different Buying Decisions
When it comes to shopping, men tend to take more risks, while women prefer to take their time to get the best possible deal. Both genders are prone to mistakes. However, you can train your mind to make the wisest shopping decisions this Valentine’s Day.
Read MoreYour SWOT Analysis is Broken (Here’s How You Can Fix It)
Cognitive biases lead to typical business strategic analyses such as SWOT giving a false sense of comfort and security. The result? Appalling oversights that ruin profitable businesses and bring down high-flying careers.
Read More12 Mental Skills to Defeat Cognitive Biases
To avoid decision disasters and defeat cognitive biases, develop the 12 critical skills that cognitive neuroscience and behavioral economics show are needed for mental fitness.
Read More8 Key Steps for Effective Leadership Decision Making to Avoid Decision Disasters
Effective leadership decision making on tough decisions involves: 1) Deciding the criteria you’ll use to chose; 2) Ranking the importance of these criteria; 3) Grading your choices using the criteria; 4) Checking your grading with your head and gut; 5) Sticking to your top choice.
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