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
The Amazing Versatility of Adoption Model Simulation
Change Management Simulation
High Performing Teams Simulation
Engineers or Gardeners: Who make the best organizational change managers?
Team Leadership Simulation
Management 101: How to avoid setting goals and objectives which you cannot achieve!
24 leadership self-reflection digital flash cards for your computer, mobile phone or tablet - no registration or installation required!