It occurs when you continue a wrong behaviour only because of previously invested time, money or effort. Learn how to see through these sunk costs and make better decisions for your company.
Our cognitive biases have a huge impact on the decisions that shape human resources. With this series, we aim to provide short and insightful articles to help you identify the biases, understand how they affect HR, and what to do to address them.
In data analytics, you can’t have the whole picture if you look only at those who “survived”! Discover why this cognitive bias has a huge impact on the decisions that shape human resources.
This bias makes you overestimate how much other people agree with you… and it has huge consequences for your company.
When doing good frees you to do bad… What does it mean for human resources and how to overcome this bias?
Your recruitment process takes weeks? If you want to choose the right candidate, don’t trust your memory.
One small attribute can impact our overall impression of a person… and lead to recruitment mistakes.
Why some people think they are smarter than they really are, and how the cognitive bias of Dunning-Kruger Effect can affect Human Resources.