Confirmation bias is a psychological phenomenon in which a person tends to accept those references or findings which confirm his/her existing belief in things. Confirmation bias leads to statistical errors, as it influences the way people gather information and interpret it. Confirmation Bias is commonly observed in our corporate world today. It may inflict confrontation, unproductive discussions, or even bad business decisions. But all of those can be changed if one possesses a GROWTH MINDSET, to take a step back and observe the bigger picture and make evidence-based decisions. Are you or your team ready to CHANGE?
“Mindset change is not about picking up a few pointers here and there. It’s about seeing things in a new way. When people – couples, coaches and athletes, managers and workers, parents and children, teachers and students – change to a growth mindset, they change from a judge-and-be-judged framework to a learn-and-help-learn framework. Their commitment is to growth, and growth takes plenty of time, effort, and mutual support to achieve and maintain.” Ref: "Mindset – The New Psychology of Success” - Carol Dweck P.HD
The theory of “change” has been one of the talked-about topics around us. This blog is not about the WHAT, we will be diving deeper into the WHY & HOW to change based on the Cycle of Behavior Change.
(Prochaska & Diclemente, 2018)
There are 5 stages of Behavior change; Pre-contemplation, Contemplation, Preparation, Action, Maintenance. For those with a Fixed Mindset or Confirmation bias, they tend to be stuck at Pre-contemplation where their pre-existing knowledge, belief becomes a perception that leads to an assumption of the situation.
On the Contrary, ones who possess a Growth Mindset sees most things in a mutable way. There will always be room to enhance, learn, grow, and bettering oneself for the future. By believing in their basic qualities only like intelligence which can be strengthened like muscles.
To quote what Bill Gates perspective on Mindsets:
“Most of us are not purely fixed-mindset people or growth-mindset people. We’re both. When I was reading the book, I realized that I have approached some things with a growth mindset (like a bridge) while other things in a fixed mindset (like basketball).”
Ref: The Gates Notes
Your perspective will dominate on the mindset you have towards different situations. By having a Change Mindset will allow you to see the bigger picture of the situation, stepping one step back to look at the macro picture and making decisions to achieve the optimal or the results you’ve envisioned.
The Stages of Behavior Change should be viewed as a cycle. Similar to the Experiential Learning Cycle, which is a continuum of growth. It may be your personal career, your team, organization culture, or the practices of business operation that needs to be changed to embrace the future. No matter what the circumstances are, try and look beyond your confirmation bias or fixed mindset and you may see a new horizon that is closer for your grasp than you may have thought.
TYCOON was designed to take you through a complete Experiential Learning Cycle, to help you climb over potential confirmation bias or fixed mindsets, and inspire for change. These changes may be different because people are unique and have different experiences, but we are confident the changes inspired will better the people, ultimately bettering the future!
Editor: Jimmy KH - follow him on LinkedIn