Optimism bias in teams

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(Created page with " This article will look at optimism bias in teams, and its effects which it can have on teams, how it can affect the dynamics in the team work, regarding moral, motivation and...")
 
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This article will look at optimism bias in teams, and its effects which it can have on teams, how it can affect the dynamics in the team work, regarding moral, motivation and expectations. As well as to look at both the positive and the negative effects and consequences.
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This article will look at optimism bias, why it is important to manage teams and what effects it can have on teams, who puts their efforts towards reaching a common goal. How it can affect the dynamics and effect-coordination  in the team work. Regarding moral, motivation and expectations, as well as to both look at the positive and the negative effects of optimism bias. Look at the difference between strategic misinterpretation and optimism bias. <ref name="DSISO 21502 2020"/>
  
As optimism in general can have large effects and can lead to under- and over-reactions in decision making.  
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As optimism and misinterpretation, in general, can have large effects, and can cloud and  lead to under- and over-reactions in decision making. It is therefore important to recognize both the investors, teams and individuals' decision making. As the actions and reasoning (as people are seen to act radically). <ref name="Jian"/>
  
Gave an general idea of how to handle optimism bias
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Gave an general idea of how to manage, spot and handle optimism bias in (project &) teams.
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bbla bla..
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=References=
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<references>
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<ref name="DSISO 21502 2020"> DS/ISO 21502 (2020) Project, programme and portfolio mangement - guide on project management </ref>
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<ref name="Jian">  Jian Wang, Xintian Zhuang, Jun Yang & Jiliang Sheng (2014) The effects of optimism bias in teams, Applied Economics, 46:32, 3980-3994, DOI: 10.1080/00036846.2014.948678 </ref>

Revision as of 20:59, 12 February 2023

This article will look at optimism bias, why it is important to manage teams and what effects it can have on teams, who puts their efforts towards reaching a common goal. How it can affect the dynamics and effect-coordination in the team work. Regarding moral, motivation and expectations, as well as to both look at the positive and the negative effects of optimism bias. Look at the difference between strategic misinterpretation and optimism bias. [1]

As optimism and misinterpretation, in general, can have large effects, and can cloud and lead to under- and over-reactions in decision making. It is therefore important to recognize both the investors, teams and individuals' decision making. As the actions and reasoning (as people are seen to act radically). [2]

Gave an general idea of how to manage, spot and handle optimism bias in (project &) teams.

Something

bbla bla..


References

  1. DS/ISO 21502 (2020) Project, programme and portfolio mangement - guide on project management
  2. Jian Wang, Xintian Zhuang, Jun Yang & Jiliang Sheng (2014) The effects of optimism bias in teams, Applied Economics, 46:32, 3980-3994, DOI: 10.1080/00036846.2014.948678
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