Inside the Strategy Room

10. Bias busters: How to make better decisions with the ‘outside view’

Feb 5, 2019
Experts discuss biases in decision-making and introduce the 'Bias Busters' series. They explore the power of the 'outside view' and its applications in various contexts. Techniques for analyzing reference cases, such as using regressions and identifying main variables, are shared. The importance of selecting appropriate reference cases and team buy-in is emphasized. Analyzing past projects and peers can enhance decision-making. Three types of learning and finding a reference class are discussed.
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