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Channel: decision making – Plexxi
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The absence of No: Decision-making in corporate America

Picture this: you are sitting in a conference room surrounded by leaders and middle management. Someone has just finished delivering a presentation about whatever the hottest new project is. The...

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On choice-supportive bias and the need for paranoid optimism

In cognitive science, choice-supportive bias is the tendency to view decisions you have made in the most favorable light. Essentially, we are all hardwired to subconsciously reinforce decisions we have...

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Outcome bias and the psychology that prevents sustained success

In psychology, there is a phenomenon called Outcome Bias, which basically means that we tend to judge the efficacy of a decision based primarily on how things turn out. After a decision is made, we...

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