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Biases...

Biases...

... specifically cognitive biases, are your unchecked tendencies to make decisions or take actions in an irrational way. 

Instead of making decisions based on facts and data, you are more prone to base your decisions on unconscious errors that lead to a distorted judgment of the world. These biases ultimately affect your relationships, work, and worldview.

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Anchoring Bias

The tendency to rely heavily on one piece of information (often the first thing you hear) when making decisions.

This is why it pays off to be the first one to offer a bolstering range instead of a firm number when negotiating your salary. The first offer will establish the possibilities i...

175

361 reads

Biases = shortcuts for processing information

The brain creates shortcuts in order to make fast decisions when it hits information or inspiration overload

These shortcuts form unconscious biases so it’s easier for your brain to categorize information and make quick judgments over and over again.

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440 reads

Self-serving Bias

It causes you to claim your successes and ignore your failures. 

This means that when something good happens, you take the credit, but when something bad happens, you blame it on external factors.

Self-serving bias may manifest at work when you receive critical feedback....

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Survivorship Bias

It's our tendency to concentrate on the people who end up winning  —the survivors—and mistakenly assume that ambitious goals led to their success while removing from pur view all of the people who had the same objective but didn’t succeed.

When you solely focus on success, survivorsh...

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Confirmation Bias

Is the tendency to trust information that confirms your preconceptions. At the same time, you ignore or dismiss opinions that disagree with your own, even if they are factual and valid.

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The Bias Blind Spot

This is the failure to recognize the impact of bias on your own judgment.

Despite the extensive research and data supporting the existence of our cognitive biases, many of us disagree and even ignore the effects of bias in our lives even when we’re fully aware of it.

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Bandwagon Bias

It occurs when you adopt a belief just because more people hold that belief. This bias can lead to groupthink, which is the tendency for group members to over-conform to a leader.

Many work meetings become unproductive due to bandwagon bias and groupthink because team members don’t f...

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312 reads

Planning Fallacy

The tendency to underestimate how long tasks will take to complete. 

On top of it, instead of accepting your own fault, you place the blame on outside factors such as delayed start dates or sick days.

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465 reads

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