#67: How Confirmation Bias Reduces Business Profits

The confirmation bias causes leaders to look for information that confirms their beliefs and reject information that does not. To overcome this dangerous cognitive bias, leaders should test decisions by trying to prove themselves wrong. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes how confirmation bias reduces business profits.

This article forms the basis for this episode: https://disasteravoidanceexperts.com/how-confirmation-bias-reduces-business-profits/

📧 Make sure to register for the FREE Wise Decision Maker Course and get a FREE copy of the "Assessment on Dangerous Judgment Errors in the Workplace" as part of the first course module https://disasteravoidanceexperts.com/subscribe/

📖 Check out Dr. Gleb Tsipursky's latest books:

"Never Go With Your Gut: How Pioneering Leaders Make the Best Decisions and Avoid Business Disasters" is available at https://disasteravoidanceexperts.com/nevergut

"Returning to the Office and Leading Hybrid and Remote Teams: A Manual on Benchmarking to Best Practices for Competitive Advantage" is available at https://amzn.to/3k471AA

"Resilience: Adapt and Plan for the New Abnormal of the COVID-19 Coronavirus Pandemic" is available at https://disasteravoidanceexperts.com/adapt

"The Blindspots Between Us: How to Overcome Unconscious Cognitive Bias and Build Better Relationships" is available at https://disasteravoidanceexperts.com/blindspots

The Wise Decision Maker Show is produced by Disaster Avoidance Experts and Dr. Gleb Tsipursky
https://disasteravoidanceexperts.com/wdmg/

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