The Availability Heuristic- The acceptance of readily available information that makes the information appear to be more commonplace.
Managers have to protect against the acceptance of information or solutions based solely on the information or solution's emotional or active role in our memory. Although the availability of information gives it the appearance of being correct or more accurate, it may not be. Managers must be aware of this flaw and make sure to avoid it. They must remain vigilant in finding solutions. Bouncing ideas off of peers or providing the opportunity for direct reports to offer ideas can be an excellent way to avoid The Avialability Heuristic.
Managers have to protect against the acceptance of information or solutions based solely on the information or solution's emotional or active role in our memory. Although the availability of information gives it the appearance of being correct or more accurate, it may not be. Managers must be aware of this flaw and make sure to avoid it. They must remain vigilant in finding solutions. Bouncing ideas off of peers or providing the opportunity for direct reports to offer ideas can be an excellent way to avoid The Avialability Heuristic.