Dec 5, 2018
The latest instalment of Boardroom Hustle has co-hosts Paul Smith and Anna Byrne discussing something that affects every single one of us. Something that many of us aren’t even aware of…...cognitive bias.
Our episode is a sort of follow-on of the fifth episode of Boardroom Hustle, The Elephant in the (Board)room, where we talked about cultivating clearer decision-making, but focusing on how cognitive biases affect our decision-making, not just as directors in the boardroom, but as people in life!
But first, what is a cognitive bias? Simply put, it refers to the mental shortcuts our brains take when we make decisions. The brain is an enormously intelligent piece of machinery that has created a way to jump to conclusions rather than spend precious energy trying to sort through the never-ending stream of information that is constantly being downloaded. While cognitive biases often have a bad reputation, they’re actually quite useful – to a point. We live in such a rich, complex, stimulating environment that, in order to be more efficient, our brains collect a number of cognitive biases (or shortcuts) about a wide aspect of topics in order to help us make decisions faster.
So, how can we make our cognitive biases work for us? Have a listen to the episode to find out. Anna and Paul also discuss things like:
Links:
Future Directors Website: https://futuredirectors.com/
NeuroPower Website:
http://neuropowergroup.com
Paul Smith LinkedIn:
https://www.linkedin.com/in/futurepaulsmith/
Anna
Byrne LinkedIn: https://www.linkedin.com/in/anna-byrne-13901262/