Demonstrate understanding of key course concepts and reflect on your own decision making effectiveness. After completing the reading in Bazerman respond to the following questions:

1. Why, according to research, do people tend to be overconfident in estimating outcomes? Suggest a mechanism for tackling overconfidence that you can implement for yourself.

2. In many organizations, the most competent employees are usually poor in tutoring subordinates and new employees. Indicate the bias that is responsible for this phenomenon and explain how this phenomenon occurs.

3. Discuss a strategy of overcoming bounded awareness of groups.

4. How would you assess your own level of objectivity?

5. What are some strategies for mitigating the prevalence of barriers to objectivity in the workplace that you can model?

Answer rating: 100% (QA)

1 According to research several theories have been proposed to explain why people tend to be overconfident The first theory stipulates that people become overconfident when estimating outcome because ... View the full answer