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Bias remorse - is it too late to stop the impact of cognitive bias in analysis?
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Angie DoyleSeguir
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Bias remorse - is it too late to stop the impact of cognitive bias in analysis?
15 de Jan de 2021•0 gostou•17 visualizações
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Do you believe that you base your decisions on objective analysis and robust data? Guess again! Our brains, while powerful and creative, can also be quite lazy. To save time, they will try to simplify the processing of information into a reusable “rule of thumb”. Unfortunately, these mental shortcuts can lead to illogical errors in our thinking, leading to poor quality decision making. And things only get worse when we are tired, stressed or are multi-tasking! Join me as we explore the most common types of cognitive biases and how they appear in business analysis. We will also learn how to recognize your biases, so you can begin working with, instead of against your brain.
Angie DoyleSeguir
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Bias remorse - is it too late to stop the impact of cognitive bias in analysis?
- PhotobyJoseAragonesonUnsplash Is it too late to The impact of cognitive bias in Business Analysis? Bias Remorse
- PhotobySarahKilianonUnsplash Project Failure
- Cognitive Bias
- Once upon a time… PhotobyEliFrancisonUnsplash
- Recency bias Things that happened most recently are remembered most clearly and are considered more likely to happen again than those in the past 1 PhotobyNijwamSwargiaryonUnsplash
- Place your screenshot here Go to menti.com and use the code 32 73 21 5 Compared to an average person, how well do you respond to constructive criticism at work? Below Average Average Above Average
- The Dunning Kruger effect The tendency to overestimate knowledge or ability, in areas with which we have little experience 2 PhotobyRitaMoraisonUnsplash
- Halo effect Our tendency to create an overall impression of a person based on a single trait 3 PhotobyJoshHowardonUnsplash
- Confirmation Bias Favour information that confirms our existing beliefs, while disregarding information that goes against them 4 Photoby浮萍闪电onUnsplash
- Place your screenshot here Go to menti.com and use the code 32 73 21 5 You win a free dream course at the BA Summit. But your company has already paid for a very expensive, non- refundable course on the same day. Which option would you choose? Free dream course Expensive, non-refundable course
- Sunk cost fallacy When you let unrecoverable costs influence your current decision-making (because you don’t want to lose money) 5 PhotobyJoãoFerreiraonUnsplash
- WORK WITH OTHER PEOPLE’S BRAINS Self interest | Over confidence | Attachment? Group think or dissenting voices? Fallen in love? PhotobyJordonConneronUnsplash
- WORK WITH YOUR BRAIN Obtain data Be Aware Have Options PhotobyHaziqTumaranonUnsplash
- Any questions? You can find me at @Doyle_Angie · angie@thinkagile.co.za PhotobyMattJonesonUnsplash
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