No. #88
Pessimism Bias
- Overestimating Risks
Conversely, pessimism bias is the tendency to overestimate the likelihood of negative outcomes. This can lead to excessive caution and missed opportunities in product development and market entry strategies.
Read more on WikipediaProduct example
Overly cautious data privacy measures might limit a social app’s functionality, detracting from user experience.
Empathy tips
1
Balance Risk and Innovation
Strive for a balance between risk mitigation and innovation.
2
Objective Risk Assessment
Conduct objective risk assessments to avoid bias.
3
Stakeholder Engagement
Engage stakeholders in discussions about perceived risks and realistic outcomes.
4
Evidence-Based Decision Making
Make decisions based on evidence rather than fear of negative outcomes.
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Anna Lundqvist
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Eddy Salzmann
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