Overcoming Biases in Conflict Resolution for Non-Executive Directors
November 7, 2024
Our immersive workshop was designed to equip non-executive directors with practical tools to identify and overcome biases in conflict resolution within multicultural boardrooms.
We dove into interactive case studies and engaged role-playing sessions that enhanced the ability of board members to defuse conflicts constructively.
Key Learnings:
Unconscious Biases
Board Size and Cognitive Influence
Overcoming Groupthink
Sunk Cost Bias
Biases can prevent board directors from making well-balanced and reasonable decisions by clouding their judgment and reinforcing preconceptions. The most common biases include confirmation bias, where directors favour information that confirms their existing beliefs, anchoring bias, where they rely too heavily on the first piece of information they receive, and conformity bias, where a strong voice unduly influences the decision-making process. By understanding and addressing these biases, directors can improve their decision-making and foster a more collaborative boardroom environment. Participants engaged in role-playing as Chair and board members, drawing on personal experiences to practice conflict resolution strategies and improve collaboration in boardroom settings.
About SF Vision Accelerator Coaching Ltd
SF Vision Accelerator Coaching is an executive coaching company specialising in leadership development, managing change and executive presence. It was founded by Dr Sonya Dilova in October 2023. It is a purpose-driven company committed to bringing humanity and galvanising success in the fast lane. Her clients are executives from private equity, rating agency, asset management, research and marketing providers.
The video recording for this roundtable discussion can be viewed below.
Important Disclaimer: Chatham House Rules apply to this video recording. When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, subject to strict restrictions. Under these, the identities of third parties mentioned, event participants, the event speakers or their affiliations may not be revealed.