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              Organizational structures  shape company’s value creation

              Organizational structures  shape company’s value creation

              What is Asset Specificity?

              What is Asset Specificity?

              Do you know who Owns Corporations?

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              Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

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                Educational Leaders who fought for women’s education did not seek validations from society

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                How to write an appropriate title 

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                Can India regain the title of Vishwaguru?

                Can India regain the title of Vishwaguru?

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                  What is Autoethnography style of PhD

                  Can scholarly articles/papers from blogs be cited in research work?

                  The complete guide on how to select the right PhD topic

                  All you wanted to know out how a PhD thesis is assessed?

                  Mixed Method Research is Most Suitable

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                  Case Study is one of vital type of research

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                    Impact of the Thucydides Trap and Clash of Civilization  on International Businesses

                    Launch of my book  titled “International Business”

                    Launch of my book titled “International Business”

                    Gift City is becoming India’s Capital Gateway

                    Gift City is becoming India’s Capital Gateway

                    The science of Psephology

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                    Ram Mandir tableau graced the 75th Republic Day of India

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                      Guiding 35 PhDs: A Journey of Mentorship, Transformation and Academic Fulfilment

                      The Story Behind the song “Khoya Khoya Chand” from Film Kala Bazar

                      The Story Behind the song “Khoya Khoya Chand” from Film Kala Bazar

                      Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

                      Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

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                      The story behind the Swedish word Lagom which means Just Enough

                      Lasting friendship between R.K.Narayan and Graham Green that shaped the famous film novel ‘The Guide’

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                      Mumbai’s Historic Single Cinema Screen Maintains Brand Loyalty of Marathi Cinema Viewers 

                      Why Memories are a fuel of our life

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                      What is bias blind spot?

                      Dr Vidya Hattangadi by Dr Vidya Hattangadi
                      September 26, 2022
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                      Bias blind spot

                      We all have some form of unconscious bias. It is part of what makes us human. But when we observe our understanding of this, we get blinded to our own nurtured biases. It is not easy for us to accept about our biases. It is like a blind spot. Most people have no idea of how biased they actually are. But they feel that most people around them are more biased than they themselves are.

                      We all fail to notice our own cognitive biases. The fact is we all may be drawn to a particular style or way of working without being aware of it. For instance, we tend to get friendly with people who match our own ways of seeing the world and are unaware we are doing so. It would be incorrect to say that we would find an unbiased person easily….colour, class, race, gender, nepotism all are biases which are going on and on because of bias blind spot. We are unaware of our own actual degree of bias. The more we feel that we are less biased than others, we are less clear of our own understanding.      

                      This is a typical example of bias blind spot; in the US most citizens argue about gun control on one side, people are convinced that more guns leads to more violence. On the other side, people buy guns to protect themselves because they are convinced that they are more likely to be harmed if they don’t have guns, so they buy and store guns. Don’t we always make decisions and interpret it with data to justify? We see patterns based on our past experiences, and connect the dots at almost innate level.

                      This is another good example – when physicians receive gifts from pharmaceutical companies, they tell others that the gifts do not affect their decisions about what medicine to prescribe because they have no memory of the gifts biasing their prescriptions. Nevertheless, if you ask them whether a gift might unconsciously bias the decisions of other physicians, most will agree that other physicians are unconsciously biased by the gifts, while continuing to believe that their own decisions are not.

                      Our 5 senses supply us with incredible amounts of data constantly. It is unfeasible for the human brain to process all information received as it is too huge. Thus, to make our lives easier, our brains are programmed to take short cuts when interpreting data. We subconsciously develop set of rules that we plug into unconsciously that allow us to make immediate decisions and judgements. We develop our biases through genetics, through education, through the work that we do, through the people we interact with, the culture we grow up in, our childhood experience, our friends, our teachers, the way we brought up etc. The best part is that our biases don’t always serve to be right. In the modern world our inherent biases make our lives complicated. Our blind spots are visible to others but we don’t see them.

                      The bias blind spot can be extremely problematic, when we operate from within our blind spot; we are more likely to reject the input of others including the experts in a particular area.

                      In 1958, Mao Zedong wanted to rapidly industrialize China. He banned all private holdings and created communes where peasants who no longer owned their own land would live together in a field and would be forced to work steel instead of farming. Each farm would be given a steel furnace and often every peasant in the commune was forced to work long hours. Mao also tried to improve farming through a number of ill-advised techniques set forth by Trofim Lysenko. The techniques decreased grain production but local leaders were under so much pressure that they actually falsely reported large increases in grain production in order to please their superiors.

                      Unfortunately, these numbers were used to determine how much grain was sent to the capital to be used for export, the false numbers meant little if any grain was left to feed the peasants. These and other polices of the Great Leap Forward are believed to be responsible for the Chinese Famine which resulted in the deaths of millions of Chinese. 30 to 40% of all houses were also destroyed as part of the Great Leap Forward as the materials were needed for their efforts to industrialize. Even as Mao knew his people were starving, he continued to export grain in order to save face and some even claim he knew millions would die through his program but he thought it was a worthwhile sacrifice. The economy also failed as the period of the Great Leap (1958 – 1961) was the only time between 1953 and 1973 that the economy regressed.

                      Who was the biggest mass murderer in the history of the world? Most people probably assume that the answer is Adolf Hitler, architect of the Holocaust. Others might guess Soviet dictator Joseph Stalin, who may indeed have managed to kill even more innocent people than Hitler did, but both Hitler and Stalin were outdone by Mao Zedong. His Great Leap Forward policy led to the deaths of up to 45 million people, easily making it the biggest episode of mass murder ever recorded. The fact is communists have a bias blind spot in their basic thinking; the rule by communist parties leads to totalitarianism, political repression, restrictions of human rights, poor economic performance and cultural and artistic censorship. If not checked in time, bias blind spot can get dangerous beyond control of any kind.

                      Tags: Adolf HitlerBlind spotCognitive Bias. Mao ZedongDr. Vidya HattangadiGreat Leap ForwardJoseph StalinTrofim Lysenko
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                      Dr Vidya Hattangadi

                      Dr Vidya Hattangadi

                      Dr. Vidya Hattangadi is an accomplished academician, researcher, and thought leader with over four decades of combined experience 20 years in managerial roles in industry and 24 years in management education. She holds a PhD in Marketing Management from Savitribai Phule Pune University and a D.Litt. from the University of Mumbai for her post-doctoral published work. She is a prolific writer and blogger, Dr. Hattangadi runs the widely read blog www.drvidyahattangadi.com, which enjoys strong organic traffic and engages readers across a broad spectrum of subjects, including management, leadership, psychology, social trends, music, current affairs, and politics and psychology. Her blog is 12 years old. Her experience of combining knowledge of industry work with an academic background creates a powerful, "pracademic" profile that bridges the gap between theoretical knowledge and practical application. This hybrid approach has made her a powerful Professor in the classrooms and she has produced graduates who are not just knowledgeable, but industry-ready. She worked for Maratha Mandir’s Babasaheb Gawde Institute of Management Studies as Director, Research Head and Professor. She has written a fortnightly column for The Financial Express from 2017 to 2021 and has contributed extensively to leading publications such as The Hindu, Free Press Journal, and The Economic Times. Her articles are known for their analytical depth, clarity, and relevance to contemporary issues. Dr. Hattangadi has successfully guided 35 PhD scholars in Management Studies across institutions such as the University of Mumbai, SNDT Women’s University, and Yashwantrao Chavan Maharashtra Open University (YCMOU) and Guglielmo Unimarconi Italian University. Currently, she is working on her YouTube channel "Vidya's Vidya" mentoring doctoral researchers in the areas of Finance, Strategic Management, Organizational Behaviour, Human Resource Management, and Marketing Management. She is an accomplished author, she has written books on Strategic Management, Buyer Behaviour, International Business and Entrepreneurship Management, Faith Economy, contributed chapters to four edited volumes of books, and published over 350 research papers in national and international journals. Her scholarly work has strong visibility and impact, reflected in her robust presence on Google Scholar, Research Gate, Vidwan etc. Her research in all fields of management studies is truly ground-breaking. The rigor and depth of her knowledge have set a new standard in our field of management studies.

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