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21. The Impact Of Cognitive Biases On Innovation Episode 21

21. The Impact Of Cognitive Biases On Innovation

In this edition of the Innovation Driven Growth podcast, we're looking at cognitive biases and the impact of those biases on our decision-making. Do you think you're exempt from cognitive biases? If the answer is yes, you are probably running on biases right now. Cognitive biases impacting our decision-making and anything that would further diminish our ability to make great decisions is something we should be very, very aware of. Biases are helping us not to feel overwhelmed but also driving us on autopilot and limit us from being as innovative as we could or should be. Find out how to spot a bias and how to overcome it.

· 36:55

๐Ÿ‘‰ Impact of cognitive biases on decision-making. 01:01 
โœŒ๏ธ Cognitive biases help us with Information overload, otherwise, it would be impossible to function. 04:07
๐Ÿง The numbing effect of routine or the curse of knowledge. 05:51
๐Ÿ‘จโ€โœˆ๏ธ The more experienced you are, the more you're likely to be on autopilot.
2๏ธโƒฃ Two types of cognitive biases: information processing and emotional. 09:17
๐Ÿค“ A three-step process to get debiased. 11:53
๐Ÿ˜Ž Things you say can trigger you and show you are actually working on a bias. 13:22 
๐Ÿค” How to overcome and deal with specific bises? 15:54
โœณ๏ธ Confirmation bias. 17:01
๐Ÿ˜‰ Conformity bias. 19:00
๐Ÿ‘‚ Ambiguity bias: "The best decision you can make is the right decision. The next best decision is the wrong decision. And the worst decision is no decision." 22:39
๐ŸŸ "The opposite of courage is not cowardice, it's conformity. Even a dead fish can go with the flow." 27:14
๐ŸŒž Lateral thinking, innovative thinking, tools, and methods to overcome biases. 28:19
๐Ÿ™ƒ The reverse brainstorming frees all ideas out. 32:24

๐Ÿ‘€The article mentioned: www.boardofinnovation.com/blog/16-cognitive-biases-that-kill-innovative-thinking
๐ŸŽฉ Six Thinking Hats: https://www.mindtools.com/pages/article/newTED_07.htm
โŒจ๏ธ Steve Ballmer on iPhone: www.youtube.com/watch?v=eywi0h_Y5_U 

๐Ÿ”—Connect with David:
๐Ÿ’ฅ david@davidpeterson.com
๐Ÿ—ฃ๏ธ www.facebook.com/DPSpeaks
๐Ÿ“– Davidโ€™s book Grounded - www.davidpeterson.com/book/grounded


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