11. Bias busters: How to be objective about budgets
Inside the Strategy Room · McKinsey & Company
February 13, 201918m 40s
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Listen to the podcast (duration: 18:38) > Anchoring bias can hold back the budgeting process and influence your targets despite your best efforts. Address it and refocus difficult conversations. In this episode McKinsey partner Tim Koller, professor of business strategy at the University of Sydney Dan Lovallo, and Sean Brown, discuss how to tackle anchoring bias and refocus difficult budget conversations.
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