Article
Eat. Sleep. Think. Repeat.
Research shows that the higher you score on an IQ test, the more likely you are to fall victim to bias, because you are faster at recognizing patterns. While reading Adam Grant’s book, Think Again, this jumped off the page at me. It’s possible that my superiority bias was acting up, but nonetheless, it certainly got me thinking. Being equipped with a good brain, or at least being surrounded in your organization by individuals with good brains, doesn’t necessarily mean that the mental ‘heat you’re packing’ will be put to good use. Implementing checks and balances to assess your thinking and decision-making should form part of day-to-day business. Some of the common errors in judgement that individuals and teams make are addressed below, together with some practical tips to avoid falling into these mental traps. Broadly speaking, people fall victim to two different types of decision-making errors, namely cognitive bias and noise.
