Just because you’re smart doesn’t mean you’ll make intelligent decisions. Avoid these pitfalls to ensure that you make wise, fair-minded decisions:
Inflating recent experience. A traumatic or otherwise memorable incident can produce lingering side effects. You may figure that the probability of such an event recurring is higher because it’s something you vividly remember.
If you witness a tantrum by a temp, you may decide never to hire temps again. But in truth, such an unusual outburst in no way increases the odds that other temporary workers will behave that way.
Even for routine decisions, the easier you can recall examples or reasons for acting in a certain manner, the more likely you may apply a faulty analysis. When conducting a , for instance, don’t grade an employee based solely on what you’ve noticed in the weeks right before the appraisal. Consider the performance for the entire period covered in the review.
Engaging in “my side” bias. To appear decisive, you may render decisions that ignore facts or common sense. This can occur because you overjustify your beliefs and convince yourself that what you know is definitely right. Beware: This can lead others to conclude behind your back that you’re “almost always wrong, but never in doubt.”
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/6695/steer-clear-of-decision-making-traps "