Anchoring Bias
Our fourth on the list of the five most common cognitive biases in the workplace is Anchoring Bias. As we’ve talked about earlier, if we have a brain, we have bias. In order to process the amount of information our brain needs to process, it utilizes mental shortcuts that create a wide range of unconscious biases. These unconscious biases happen to all of us and can have negative consequences in our decisions and interactions. Cognitive biases lay the foundation for social biases in our behaviors and, over time, through processes, protocols and policies these biases become formalized ...