Today we delve into the realm of cognitive biases and their impact on data-driven decision-making in business. We explore practical strategies for overcoming biases such as confirmation bias and anchoring, and discuss how to build credibility and influence as a data professional. Emphasizing the importance of understanding cognitive science, the conversation provides actionable insights to enhance data storytelling and corporate communication.Connect with us:• Website: https://thedatastorytellers.com/• LinkedIn: https://www.linkedin.com/company/the-data-storytellers• Spotify: https://open.spotify.com/show/2N0vZtHZHgod4Tll2LX2xa• YouTube: https://www.youtube.com/channel/UCz9e56lhYUfORiOHMiLlPmA• Apple Podcast: https://podcasts.apple.com/gb/podcast/the-data-storytellers-podcast/id1493766476Chapters:00:00 - Introduction to the podcast and today's theme01:04 - Discussing the relevance of cognitive biases in data science03:36 - Overview of David McRaney's work on cognitive biases05:50 - The impact of cognitive biases in corporate settings08:50 - Practical examples of cognitive biases affecting decisions11:14 - Strategies to mitigate confirmation bias in data roles16:20 - Building trust and credibility through effective communication19:50 - Addressing ego and reputation in executive interactions25:54 - The importance of framing and presentation in data storytelling30:34 - Leveraging the halo effect and earned complexity35:58 - Overcoming anchoring bias in data interpretation42:00 - Final thoughts and concluding remarks ​

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