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Sports contract renewal

Sports contract renewal

You are a sports agent and represent a top player.
Your client's contract is up for renewal and the company wants to stop the sale royalties. You visit the company head quarters and are in negotiations with the head marketing.
While the discussions are in progress, the company chairman walks in and comments
" this is outrageous. He is making ten times of what I am making, and I am the chairman."
The room went silent.
How you will respond to the situation?
Photo Adaptation/Flickr/core-materials
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The mistakes we make in our everyday life

We human beings engage in thinking and decision making in our daily life. It is our ability to solve problems and choose the best course of action, which leads to better outcomes. But we also make systematic errors when we think and at times we don’t even realize. We fail to think clearly because of our emotions such as anger or fear and this leads to wrong decision making as well as avoidable harm.

These systematic errors are known as biases. We can learn, understand to notice these biases within us and around us. Once we know, then we can also take action to avoid these biases, prejudices and beliefs and act to avoid the harm. Biases are systematic and predictable errors we make.