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When developing new products or managing projects our mind very often tricks us. We think we're right but we're often subject to fallacies and biases which lead our product or project astray. I'm describing some tools which help us to keep our minds from deceiving us. Because our thinking is the number one success factor for successful projects and products.
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Cognitive Fallacies & Biases- And How To Deal With Them.PM Camp – 2014-06-21
Product Development& Project ManagementFrom Vision ToImplementation
How Do We Work? In A Way That Fits The Requirements.
Which Tools Ensures Success?None.
TheLean/Product/Project/Business
Canvas
Development Processes Do Processes Ensure Success?No.
If it‘s not processes …What is it about?You!
http://www.fastcompany.com/1810918/3-secrets-recruiting-tech-talent-tough-markets
LeadershipLeadership starts with you.
Your company will inherit your values, processes and culture.
This will determine your product or project success.
7http://www.davidoliete.com/
The Problem With You …You Suck at Thinking.
http://imgur.com/1DEYI
Survivorship BiasAll winners do …
http://albumwar2.com/german-soldiers-inspect-shot-down-soviet-bomber-sb-2m/
Availability heuristicMental Shortcut which usesanecdotal evidence instead ofstatistical data.
http://blog.asmartbear.com/customer-validation.html
Cognitive DissonanceConfirmation Bias
It hurts to be wrong.
We avoid evidence of our failure.
We look for proof of our idea instead ofvalidation.
Endowment EffectLoss Aversion
Sunk Cost Fallacy
Now that we invested so much we can‘tthrow it away.
http://www.odt.co.nz/files/story/2012/12/gollum____helping_lure_precious_visitors_reuters_w_50ca509bb5.JPG
Optimism Bias
93% deem their driving ability above median.
Chance for enterprises to survive 5 years: 30%
Entrepreneurs who think they’ll make it: 80%
http://pics.kuvaton.com/kuvei/traffic_jam3.jpg
Bias blind spots“And why worry about a speck in your friend's eye when you have a log in your own?”
https://medium.com/p/5b374cfeb43c
Best-Practice?Most common project-methode: SALT
http://kaleidoscopebrain.wordpress.com/tag/self-help/
Cargo Cult
http://www.theresilientearth.com/?q=content/cargo-cult-climate-science
Know Thyself?You won‘t know yourself.
You won‘t change.
Just deal with yourself – professionally.
http://commons.wikimedia.org/wiki/File:Otto_Greiner_-_Odysseus_und_die_Sirenen.jpg
Empirical Process Control“If a process is too unpredictable or too complicated for the planned, (predictive) approach, then the empirical approach (measure and adapt) is the method of choice.”
Ken Schwaber
http://r2blog.com/2012/02/23/should-we-look-for-gnu-new-ways/ford-assembly-line-copy/
Doubt Yourself!Many founders are overly confident
It's good to doubt. Accept the doubt.
Allow for doubt in your team.
http://images.fotocommunity.de/bilder/raubtiere/baeren/stirnrunzeln-1fb6706e-9ceb-4b9b-a7cc-0319abd8e517.jpg
Breathe!Stop! Step up/out! Reflect!
Be mindful.
http://d1jqu7g1y74ds1.cloudfront.net/wp-content/uploads/2014/02/Yoda-Meditating.jpg
Explicate!Mind dumps
Mindful Conversation
Listen. Loop. Feel.
Listening/Psychater
http://craigsnodgrassart.com/project/brain-dump-extreme-doodling/
Pre-Mortem Why did we fail?
http://www.fastcodesign.com/1668984/the-challenger-explosion-rendered-in-cauliflower
More …
Fallacies Dualism
Anchoring
Bandwagon Effect
Frequency Illusion
…
Tools Reframing
Worst Case
Scenario Planning
…
Good Luck.
http://ayay.co.uk/backgrounds/science/space/Other-Space-Shuttle-Launch.jpg