Part 3 - How Heuristics & Cognitive Biases Impact Strategy

Updated: Oct 7

To close out this week's topic, we look at two articles from yesterday's post in greater detail to assess how the use of heuristics and cognitive biases can create problems when working to develop or modify your corporate or business strategy. We also provide some tips on how to reduce the effects of these heuristics and cognitive biases.


Re-posted below are the two articles referenced in the video.


Missed the first two episodes?

Part 1

Part 2



https://www.forbes.com/sites/theyec/2019/09/26/three-cognitive-biases-undermining-executives-strategic-decision-making-ability/#45b5365c7626

https://hbr.org/2020/08/how-to-make-rational-decisions-in-the-face-of-uncertainty



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