Biases and Judgment Essay Example | Topics and Well Written Essays - 500 words

Biases and Judgment - Essay Example Several biases impact decisions, such as bias, or ethical issues related to the availability heuristic and bias related to the representative heuristic. Bias related to the availability heuristic pertains to being biased for information that is easier to recall and presumed as related (Korte, 2003, p.447). Bias related to the representative heuristic refers to evaluating situations using traits that represent stereotyped beliefs and values (Korte, 2003, p.447). The first judgment bias that I dealt with is related to anchoring and adjustment. Anchoring refers to focusing too much on an â€Å"anchor† or specific value in making decisions (Korte, 2003, p.447). Adjustment of decision-making occurs, when the decision becomes solely or greatly based on this anchor, instead of a wide range of factors (Korte, 2003, p.447). In order to deal with this bias, I used reflective decision-making, with expedient factors. Reflective decision-making pertains to having a long-term approach to decision-making, while expedience requires making fast decisions, often to achieve short-term goals (Hoch & Kunreuther, 2001, p.106). I needed to use reflective thinking, because I wanted to determine the potential anchors that I tend to use during making decisions. For instance, identifying the criteria for establishing an effective and efficient human resource department requires selecting the right factors and weighing them appropriately. I avoided anchoring a nd adjustment by considering different aspects of the problem, such as employee sentiments, resources, and situational factors. The organizations needs a more concrete HR system, but they cannot afford a whole-unit approach to HR. Some people would also not be open to professionalizing their HR systems, because of fear for drastic organizational changes that will upset the status quo. Instead,