assumptions and biases

What Types of Biases Affect Business Leaders?

Several types of biases can affect business leaders:
- Confirmation Bias: The tendency to search for or interpret information in a way that confirms one's preconceptions.
- Availability Heuristic: Relying on immediate examples that come to mind when evaluating a topic or decision.
- Anchoring Bias: The tendency to rely too heavily on the first piece of information encountered.
- Overconfidence Bias: Overestimating one's own abilities or the accuracy of one's predictions.

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