Thursday , November 7 2024

The decisive mind

Take the problem of self-fulfilling prophesies. Imagine a situation in which a manager forms a tentative opinion of an employee that then cascades into a series of decisions that affect that employee’s entire career trajectory. A manager who sees an underling make a small misstep in an insignificant project may avoid assigning challenging projects in the future, which in turn would hamstring this employee’s career prospects. If managers are unaware how willing they are to make quick and data-poor initial judgments, they’ll be less likely to nip these self-fulfilling destructive cycles in the bud.

Another example might be the human tendency to rely on stereotypes when judging other people. Although you may believe that you’ll consider all the information available about another person, people in fact are more likely to consider very little information and let stereotypes creep in. It may be a failure to understand how quickly judgments get made that make it so hard to exclude the influence of stereotyping.

Modern technology allows virtually any decision made today to be more informed than the same decision made a few decades ago. But the human reliance on quick judgments may forestall this promise. In the quest for more informed decision-making, researchers will need to explore ways to encourage people to slow down the speed of judgment.

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Nadav Klein is Postdoctoral Researcher at Harris Public Policy, University of Chicago

Source: the conversation

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