• 9863020202    
  • contact@financeseva.in

ABC Spice Bharat Pvt. Ltd

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.




Preventive Action

Group Think

Conforming to a group thought process in order to minimize conflict and/ or avoid critical evaluation.

Recruit a Diverse Committee


Ensure time for independent evaluation prior to meetings.

Confirmation Bias

Filtering new information or evidence in a way that confirms pre-existing opinions and beliefs.

Encourage questioning and exploring thoughts and beliefs without judgment. Provide access to an unbiased third party view.

Overconfidence Bias

Overestimating our talents and abilities

Play devil’s advocate and respectfully challenge one another. Consider the risks before making a decision.

Herding Bias

Rationalizing  a course of action is the right one because everybody else is doing it.

Take time in making decisions.  Make a conscious effort to form a unique validated opinion.

Action Bias

Favoring action over inaction,

Evaluate the pros and cons of each possible response outcome.


Give equal consideration to both action an inaction.









How Would You Rate This Article ?