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How The Anchoring Bias Hijacks Your Business Decisions (And How to Stop It)
Ever wondered why smart business leaders, even the best of the best, fall for irrational decisions? It’s not lack of intelligence—it’s the unseen mental shortcuts, like anchoring bias, that subtly shape their decisions. This deceptive cognitive trap influences everything from negotiations and pricing to hiring decisions, shaping your choices without you even realizing it.
So, today we are exploring how the anchoring bias manipulates your perception, sometimes to genius effect, sometimes to disastrous consequences. I’ll share three powerful strategies to break free from the anchoring effect…
The skinny
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