There has been a growing understanding about human cognitive biases and how they can affect decision making. Many of these are systematized and explained in Daniel Kahneman’s fascinating book, Thinking, Fast and Slow.4 For senior executives the most important seem to be optimism bias, confirmation bias, and the inside-view bias.

When this bias for action is generalized into the culture of an organization, the reversibility caveat is usually lost.

For example, if you’re embarking on a new project and think it should take three weeks to complete, ask for the perspectives of others who will execute the day-to-day tasks to ensure alignment on how much time it takes to deliver a quality product – and then be open to shifting your timeline, if possible.