Cognitive biases, organizational learning and quality of decision making
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How do cognitive biases affect organizational learning and the quality of decision making? What can be accomplished to reduce the negative impact?
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Cognitive biases affect organizational learning and the quality of decision making in several ways. Due to cognitive biases, managers oftentimes misinterpret information. This misinterpretation causes managers to make poor decisions, and to put biases ahead of good, sound judgment. Managers oftentimes like to control the situation presented to them, and when biases are present, there may ...
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