"I knew it all along." But did you? Inspired by my poking around cognitive biases, I've picked up Daniel Kahneman's Thinking, Fast and Slow for the third time. (I swear—this time I'll finish it!) One of the biases you encounter in the section on "overconfidence" is the hindsight bias. Hindsight bias hardly requires a definition—we … Continue reading On hindsight bias
Tag: hindsight bias
The benefits of conducting “premortems” for new business pursuits
Those who work in the A/E/C space know about about the postmortem (or debrief): a glum meeting where the pursuit team attempts to hash out the reasons we didn't win a project. When the client is willing, we get to actually have the meeting with the client and quiz them on our failure. (As useful … Continue reading The benefits of conducting “premortems” for new business pursuits