Speaker
Description
Decision-making is often perceived as a rational and objec-
tive process. However, extensive research in cognitive psychology demon-
strates that humans also make decisions based on their judgment, which
is systematically influenced by cognitive biases - recurring patterns of de-
viation from rationality. These biases arise from mental shortcuts, which
allow us to process information efficiently but can compromise accuracy.
Even highly skilled professionals and the highest IQ scored people are
therefore susceptible to flawed reasoning, leading to suboptimal or incon-
sistent decisions. This paper argues that cultivating an awareness of these
cognitive limitations and combining it with disciplined and evidence-
based reasoning will consequently improve the way our brain regulates
the quality of our decisions. This is particularly relevant in professional
environments where analytical thinking plays a key role and will be the
fuel for continuous improvement.