During the process of decision making
There are a lot of kinds of biases that can occur during the process of decision making. Popularity bias is one example of biases that should be avoided every time a group is making its decisions. Popularity bias involves the suggestion of a solution only for the purpose of thwarting a competitor. This causes the company to impose short term solutions and may overlook the long term ones. It is very difficult for anyone of us to eliminate the bias or errors in the conduct of decision making process.
The least thing that we tried to do to minimize those biases and errors is by not avoiding giving solutions just to protect their own personal interests and always checking our rationale every time we conduct discussions. I, as the group conductor stressed that the said kind of bias will not make the company in good position but rather into a more chaotic situation and the only person that will be affected is no other one but the company itself and us who works for it. Instead of protecting the personal interest, it is the majority’s interest that should be protected in order to achieve the company’s goal and mission.
In another way or the other, we will still be benefited on what ever the company is experiencing that is why we should think first of the common interest rather that the personal interest especially of the too managers. Social influences could sometimes affect the operation of the business. Like, there sometimes exists a diversion in the processes on where they should be. It is unhealthy for a company to have this kind of activity for it disturbs the harmonious working environment of the company. For instance, the employees are afraid to the CEO, for the latter is known for its strictness and perfectionism.
Therefore the employees of the company would no longer apply improvements to the directions of the CEO even though it can be further improved. This scenario leaves the employees of the company less competitive since they cannot improve their skills and managerial ability. This result to a monotony of the working routine, thus, serves as a barrier for the business to grow or expand.
Shah, K. S. P. P. J. (2005). Types of Decision Making [Electronic Version], 1. Retrieved June 22, 2007 from http://www. laynetworks. com/EngineS-OF-DECISION-MAKING. html.