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A Guide to Cognitive Bias and How it Affects Your Desicion Making

What is Cognitive Bias, and why does it matter?  Cognitive bias is the tendency to think in a certain way because of our background, experiences, and beliefs. It can be a good thing when we are aware of it, but it can also lead to mistakes and wrong decisions. The idea of cognitive biases was introduced by Amos Tversky and Daniel Kahneman in 1972 and is based on their experience of people's intuition failing when it comes to reasoning about their decisions. They showed several ways that the decisions we make differ from rational choices. In both our professional and personal lives, when we make decisions, we should try to avoid cognitive bias as much as possible or at least be aware of it. We can do this by being mindful of our own biases and how they might affect our decision-making. Cognitive bias is a way of describing the human tendency to fill in a missing thought with an answer that seems plausible. For instance, when one is asked, "Do you like to eat bananas?" and ...

Welcome to Digital PO

Sharing what I know has been a passion for me ever since high school. Sharing & discussing what I know has proven to be the best method to sharpen my knowledge. Throughout my university days, I practised this, and my friends believe I helped them a bit.  After coming to the industry 11 years back, I was too focused on the job and training our internal teams. Discussions were only limited to the team, and I was too job-centred, so I never realized what I was missing. Recently I came to the realization that sharing ideas could help me to learn things beyond the borders of my organization. In the coming weeks, I'm planning to share the little I know about Agile  & would like to hear from those out there what they know and think about Agile. Meantime any new and exciting thing I come across will also be shared in this blog. If this can be a forum to share knowledge for a community of agilists, that would make me proud and fulfilling.