Article by Ken Thompson, 06 Apr 2017
I have been reading about Behavioural Economics (and Behavioural Finance) through the excellent 8-minute summaries from iminds.com. BE explains why we are systemically and predictably irrational in our economic decisions and introduces 2 terms “Bounded Rationality" and "Bounded Willpower” as limits to rationality within which we all operate.
Read the full article here.
As well as starting the conversation we will send you a FREE Executive Summary of our Book:
A Systematic Guide to Game Based Learning within in Organizations
We transform Leadership Development using Business Simulations, guided by three principles:
'Learn by Doing' approaches, such as Simulation, are more engaging & effective than traditional forms of learning
Team Learning offers a powerful extra learning dynamic & fosters better Collaboration & Team skills
Innovation skills learned during Simulations are easier to transfer back to the workplace
Team Leadership Simulation
High Performing Teams Simulation
Change Management Simulation
Learning from Brexit: Seven killer mistakes to avoid in your important negotiations
SOLO range of self-directed Management Development Simulations launched
What’s your dominant leadership style - Physicist, Philosopher or Mathematician?
24 leadership self-reflection digital flash cards for your computer, mobile phone or tablet - no registration or installation required!