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What Is Confirmation Bias and How Is It Affecting Your Career?

Author: 
Megan Keup
Publication date:
June 11, 2019
Article Summary: 

What Is Confirmation Bias and How Is It Affecting Your Career?

Confirmation bias is when one seeks evidence to support what they already believe, rejecting contradictory observations in favor of what confirms their preexisting belief or hypothesis. It is a cognitive bias and a systemic error of inductive reasoning, and is a product of selective memory or information. It can be seen in the news, as our political scene continues to stay polarized and people on both sides of the political spectrum dig in their heels with self-righteousness. Confirmation bias is also a problem in our professional lives, as it can affect how we conduct surveys, lead focus groups, and analyze project reports. If we can identify this tendency and work to resolve it, we can advance in our careers and help our company make better decisions.

Confirmation bias can lead to flawed decision-making, which can have a negative impact on a business's success. When looking for a new employee, it is important to be aware of your bias and thin the herd before calling in a select group for interviews. Once you have someone across the desk from you, don't let confirmation bias direct your thinking just because they're wearing a pair of shoes you don't like. This can lead to a lack of strategic planning and put the business in jeopardy.

Keywords: 

confirmation bias, confirmation bias examples, confirmation bias in the workplace, confirmation bias definition

Source Citation: 
Megan Keup
What Is Confirmation Bias and How Is It Affecting Your Career?
June 11, 2019
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Small and self-managed condominiums face unique challenges, yet most management models are tailored to large corporations and scaled down from there.

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Condo Care

by Stratastic

A 10-unit condominium doesn't have 10% of the responsibilities of a 100-unit condominium.

It still needs governance, compliance, maintenance planning, financial oversight, and community building. Yet many small condominium corporations receive less support because traditional management models are often designed for larger communities first.

Isn't it time condo management made sense, especially for the small ones?

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Small condominium corporations were increasingly:

>   Struggling to find management.

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>   Left to solve complex challenges with limited resources.

 

Our mission is simple: To help small and self-managed condominium corporations access practical, sustainable management solutions that reflect their actual needs.

We're not property managers.
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Most companies start with a service package.

 

We start with your condominium. After understanding your goals, challenges, budget, and desired level of involvement, we help identify the most appropriate management model for your needs. We focus on you, so we can find the right fit for your community.

 

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Condo Care offers completely customizable management solutions for small and self-managed condominium corporations across Ontario. Our most commonly chosen options center around the following categories:

 

>   Traditional Management: For boards seeking a comprehensive management solution with minimal involvement. Often, this involves working with one of our partnered property management companies for a more familiar approach.

 

>   Hybrid Management: A combination of licensed management services (whether through a management company or self-employed service provider) and/or administrative support. This solution is often ideal for smaller and moderately involved communities seeking flexibility and value.

 

>   Self-Management Support: For communities that want to stay truly involved while gaining access to professional guidance, resources, and trusted vendors.

What does an exploratory meeting look like?

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We've got you covered. Because every condo deserves care.

While you're here and condo curious, why not check out our articles, tailored just for small condos!

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