Unheard Ways To Achieve Greater BUSINESS Profits

This Business News Story Was Uncovered By Us From: https://blog.eonetwork.org/2019/11/deal-colleagues-denial/

The nature of this article, that was first spotted by our team of editors, will offer the reader, if you choose to look into this topic of interest, more closely, to get get a far greater understanding on this Field of study. For other similar articles just like this one, that highlights the points being referred to, please go to our blogs home page – that can be reached by going to: https://blognews.turnkeywebpublishing.com. Where you will Learn of real solutions, to the challenges and information deluge you face as an entrepreneur.

Denial / confirmation biasWritten for EO by Dr. Gleb Tsipursky, disaster avoidance expert, speaker and author. 

When was the last time a colleague said something so ridiculous that it made your jaw drop? A four-year study by LeadershipIQ.com found that 23 percent of CEOs were fired for denying reality, meaning refusing to recognize negative facts about his or her organization’s performance.

Entrepreneurs typically respond when people deny reality by confronting them with the facts and arguments. But research suggests that’s exactly the wrong thing to do.

Research on confirmation bias shows that we tend to look for and interpret information in ways that conform to our beliefs. There is an emotional investment in continuing to believe what you want to believe. Furthermore, studies on a phenomenon called the backfire effect indicate that when we are presented with facts that cause us to feel bad about our self-worth or worldview, we may sometimes even develop a stronger attachment to the incorrect belief.

These mental blindspots are two of over 100 dangerous judgment errors that result from how our brains are wired—what scholars in cognitive neuroscience and behavioral economics call cognitive biases. Fortunately, recent research in these fields shows how you can use pragmatic strategies to address these dangerous judgment errors in your professional life.

Rather than arguing, it is much more effective to use a research-based strategy I developed called EGRIP (Emotions, Goals, Rapport, Information, Positive Reinforcement), which provides clear guidelines on how to deal with people who deny the facts.

For instance, consider the case of Mike, a new product development team lead in a rapidly-growing tech start-up. He set an ambitious goal for a pr… Read More

Our massive source of training tutorials which are Absolutely free to gain access to, is your ultimate training hub to discover exactly how to build income streams from numerous niches and web startup ventures. Our blog portal is full of indespensable recommedations, tools and insider top news stories, to help develop and scale up your business – step by step: by demenstrating to you how it is executed – with expert analysis in uncovering Unseen, untapped goldmines, that you can setup for long term success.

TurnkeyBlog