Why we stick to bad decisions
Psychologists call this “the anchoring bias.”
After we’ve made a decision, even an illogical one, we tend to cling to it. That is, we filter out dissenting information while seeking data that confirms our original viewpoints.
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A lot of problems would disappear if we talked to each other more than talking about each other.
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I asked several top managers from various industries what are the pros and cons of the remote decision-making process. The fact that they identified several disadvantages and talked more about each can be a sign that the process is neither optimal nor qualitative.
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