Communication, Life, Life Management, Management

Sunk Cost Fallacy

(Grateful for reading and the comments... It's a motivator) "Sunk Cost" is the cost that have already incurred and cannot be recovered.  The money has already been spent and it cannot be recovered and hence it should not be a factor in future decisions. The sunk cost effect is manifested in a greater tendency to… Continue reading Sunk Cost Fallacy

Communication, Life, Management, Management Education

ANCHORING BIAS

Anchoring Bias is a Cognitive Bias in which an individual's decision is influenced or depends on the first piece of information or initial information received. A common susceptible candidate to the anchoring bias are physicians when diagnosing patients where the initial impression about the patient often create an anchoring point. This may also lead to… Continue reading ANCHORING BIAS

Interpersonal Relationship, Life, Life Management, Passion

HINDSIGHT BIAS

The hindsight bias is a common cognitive bias that involved the tendency of people to see events, even random ones, as more predictable than they are. Hindsight Bias or knew-it-all-along phenomenon; It is the tendency of people to look back on events and believe that we “knew it all along”. Source: "I Knew It All… Continue reading HINDSIGHT BIAS

Life

Exam Performance and Dunning-Kruger Effect

Dunning-Kruger effect is a Cognitive Bias, in which a person thinks or believes that he or she is more smarter, capable and effective i.e. they are unable to make a realistic judgement of their own self and overestimate their capabilities. This was developed after extensive research by two social psychologists, David Dunning and Justin Kruger.… Continue reading Exam Performance and Dunning-Kruger Effect

Body Language, Communication, Courage, Environment, Ethics, Hard Work, Initiative, Intelligence, Interest, Interpersonal Relationship, Interview, Interviewee, Interviewing Techniques, Job, Leadership, Learning, Life, Life Management, Listening Skills, Love, Management, Nature, Negotiation, Organizing, Passion, Perseverance, Persistence, Persuasiveness, Planning, Planning for success, Posture, Self Assessment, Self Confidence, Student, Success, Successful Task Accomplishment, Tourism, Travel, Values

Happiness

If you want to be happy, Be...Leo Tolstoy Happiness is our own; no one has control over it. But, we ourselves are to be blamed as we find each and every reason to be unhappy. In our day to day life it may not be always possible to be happy all the time, but if… Continue reading Happiness

Apprentice, Assessment, Communication, Ethics, Intelligence, Interpersonal Relationship, Interview, Interviewee, Interviewing Techniques, Job Seekers, Learning, Life, Listening Skills, Management, Passion, Perseverance, Persistence, Persuasiveness, Planning for success, Self Assessment, Strategic Planning, Student, Successful Task Accomplishment, Talent Management

Confirmation Bias

The dictionary definition of Confirmation Bias (noun) is the tendency to interpret new evidence as confirmation of one's existing beliefs or theories. The term Confirmation Bias was coined by the English psychologist Peter Wason. So confirmation bias is basically processing of information to confirm one's previously existing beliefs or biases. It is a type of Cognitive Bias (a… Continue reading Confirmation Bias

Communication, Ethics, Initiative, Intelligence, Leadership, Life, Passion, Values

Leader or Follower

  Everyone wants to be a leader, less a follower. The real irony lies here. If the soldiers do not follow the instructions of their leader, imagine the consequences. This is true for every aspect of life. The importance of leaders and followers are somewhat equal. But, in one’s life cycle being graduating to a… Continue reading Leader or Follower

Arunachal Pradesh, Assam, Communication, Courage, Environment, India, Learning, Life, Life Management, Love, Nature, Pasighat, Passion, Perseverance, Persistence, Persuasiveness, Planning, Planning for success, Tourism, Travel

“Let’s be Content and Happy; To Enjoy Life with Gratitude.” – the Story of Nupur

The drive uphill from Pasighat ( headquarter of East Siang district, Arunachal Pradesh, India) till now was enjoyable, amidst the beauty of nature and the mountain curves. Less traffic and habitat made it more enjoyable. However, as lunch time was approaching, with no eateries seen, we were a bit apprehensive. Suddenly, by the roadside, a… Continue reading “Let’s be Content and Happy; To Enjoy Life with Gratitude.” – the Story of Nupur

Arunachal Pradesh, Assam, Life, Nature, Pangin, Pasighat, Tourism, Travel

Pasighat … a place so serene and refreshing.

Pasighat, a 108 year old town of Arunachal Pradesh, India is the headquarter of  East Siang District of the state. A picturesque town, mostly inhibited by the Adi people, is also said to be the oldest town in the state is on the banks of river Siang, which is the mighty river Brahmaputra after entering the… Continue reading Pasighat … a place so serene and refreshing.

Body Language, Communication, Courage, Ethics, Hard Work, India, Initiative, Intelligence, Interest, Interpersonal Relationship, Interview, Interviewee, Interviewing Techniques, Job, Job Seekers, Leadership, Learning, Life, Life Management, Listening Skills, Love, Management, Management Education, Mentor, Nature, Negotiation, Negotiation Skills, Organizing, Passion, Perseverance, Persistence, Persuasiveness, Planning, Planning for success, Posture, Self Assessment, Self Confidence, Strategic Planning, Student, Success, Talent Management, Teaching, Training, Travel, Values, Will Power

Beat the FEAR

The Beautiful and Enthusiastic People who made it really enjoyable and a learning experience. Grateful to you all. A talk delivered to the MBA and MTTM students, around 60 numbers, of Centre for Management Studies (CMS), Dibrugarh University, Assam, India on 6th Novemeber, 2019. Talked about the concept of FEAR and how to overcome fear,… Continue reading Beat the FEAR

Assessment, Body Language, Communication, Courage, Ethics, Hard Work, Initiative, Intelligence, Interest, Interpersonal Relationship, Interview, Job, Job Seekers, Leadership, Learning, Life, Life Management, Listening Skills, Love, Management, Management Education, Mentor, Mentoring, Negotiation, Negotiation Skills, Organizing, Passion, Perseverance, Persistence, Persuasiveness, Planning, Planning for success, Posture, Self Assessment, Self Confidence, Strategic Planning, Success, Talent Management, Unsung Heroes... True leaders, Values, Will Power

Lessons of Life : Vision of a Father

I was looking outside the window and was engraved in the beauty of nature when a few rain drops brought me in senses. The first thing that came to my mind was that I should get a Rickshaw, once I get down to take me home. By the time the bus reached the bus-stand, it… Continue reading Lessons of Life : Vision of a Father