Q2
Which type of bias do you recognize in your own decision making processes? How has this bias affected how youve made decisions in the past and how can you use your awareness of it to improve your decisions making skills in the future?
We all make decisions. Some of us are better at it than others. I don’t know about you, but my decision making processes tend to be fairly biased. It’s not always clear what type of bias is affecting my thinking, and that can be a good thing! You might recognize one kind of bias in your own life–and maybe even have some tricks up your sleeve for recognizing other kinds as well.
Prejudice is a negative attitude toward a group of people. It’s often based on race, gender, age or other factors and can be hard to overcome.
Prejudice can lead to discrimination and bias in decision making processes.
Social influence is when we are influenced by other people’s opinions. It can be either positive or negative, and it can be more or less intense depending on the situation. For example, if you’re buying a car, you might hear someone else say “this car has been through some tough times but it’s good now.” This could make you want to buy it even though it’s not exactly what you were looking for.
It may seem like social influence only happens when there are a lot of people around–but that’s not always true! For example: let’s say that one day while driving down the street with your friend who has just bought new wheels (and probably let her boyfriend drive them), she says something like “What do think? I think those rims look great on my car!” Now doesn’t this sound like an opinion based off someone else?
Cognitive bias is when our thinking is affected by emotion or how we feel about something. For example, if you’re feeling anxious, it can make it harder for you to make decisions that are good for your company.
In order to recognize your own cognitive biases in decision making processes, ask yourself these questions:
Intuition is the ability to understand something immediately, without the need for conscious reasoning. Intuition plays a role in decision making.
Intuition is a way of knowing or understanding something without the use of reason or logic. It uses unconscious processes that we don’t always recognize as having any basis in fact (e.g., hunches).
You may recognize that you have certain biases, but it can be difficult to see how these biases affect your decisions. For example, someone who is highly competitive may be tempted to make decisions based on their own success and the negative consequences of failure.
It’s important to understand that everyone has biases, and they’re not necessarily bad things! In fact, understanding why we make certain judgments can help us make better decisions in our daily lives.
If you’re feeling anxious about this new awareness, don’t worry. You’re not alone. Many people struggle with bias of all kinds, and even experts in the field admit to being surprised by their own decisions over time—but it doesn’t mean that we should stop trying to be more aware of our own biases! The more we know about ourselves, the better equipped we are to make better decisions when they come up again (and maybe even avoid them altogether).
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