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discrimination

It's an own goal, an unforced error, an unintended consequence. Those who have pressed for what they have termed (and forced everyone else to term) "gender equality" have ended up with previously taboo and sometimes illegal matters being pushed front and centre.

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"Cognitive bias" is one of those expressions, along with various other forms of bias, that's become popular in recent months. However, there's nothing new and nothing clever about cognitive bias. In fact, it's one of the most fundamental aspects of decision making. We all, without exception, do it. But the problem is that it underpins one of the reasons that financial crime risk management fails, over and over again.

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We, the people, are discriminatory. You , me, he, she are all guilty of one of the most fundamental forms of discrimination. Yet, if we reject that attitude, we become better at so many things. Importantly, it all comes down to two fundamental prejudices. And, if you are a LinkedIn user, it's almost certain that you exercise it with every visit. Read on for why your New Year's resolution should be to reject this particularly unwise way of life.

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IKEA has long exercised passive discrimination against those who choose to go shopping alone, with awkward trolleys, complex routes to car parks after check-out and even barriers to prevent solo-shoppers taking their purchase-laden trolleys to their cars, having to leave the trolley unattended while the car is found in an often large car park and brought back to the door. Recently, the company introduced another form of discrimination: this time against women, parents with children, the aged, infirm and disabled.

 


 

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