|
Exercise
|
2011
(Revised from original 2011 version)
The Future of BioPasteur
by
Giovanni Gavetti and Francesca Gino
|
Abstract
The purpose of this exercise is to let students experience a few biases that can be deleterious to strategic decision-making. In particular, students are induced to fall into a confirmatory trap, and to experience other biases such as anchoring and sampling bias. Although the exercise can be performed individually, it is a better vehicle to explore how some team-level dynamics and structural choices can either increase or reduce the probability of falling into such biases. The exercise creates a situation that mirrors the one leading to the Challenger disaster.
Keywords: Interpersonal Communication;
Decision Choices and Conditions;
Outcome or Result;
Groups and Teams;
Prejudice and Bias;
Strategy;
Citation:
Gavetti, Giovanni, and Francesca Gino. "The Future of BioPasteur." Harvard Business School Exercise 711-508, April 2011. (Revised from original March 2011 version.)