📌 8 — The biases sitting in every boardroom

Even the smartest leaders fall prey to predictable biases. I’ve seen them often.

The big three:

1. Optimism bias — overestimating growth, underestimating friction
2. Anchoring — clinging to a number or narrative that should be discarded
3. Loss aversion — protecting old decisions instead of making better ones

A CFO’s value is not just financial discipline — it’s bias detection.

Great teams challenge each other’s assumptions. Weak teams defend them.

If you want better decisions, start by surfacing the biases shaping them.