GMS 71 - How Paul Zak Implements the Science Behind Neuroeconomics to Create High Performing Companies

Understanding how people make decisions can be a game changer in any business. The field of neuroeconomics seeks to do just that. Paul Zak is not only a TED speaker and author, but he really founded this area of neuroeconomics. When you think about economics, it's money and decision making and neuroscience is just how the chemistry behind it. He is the author of The Moral Molecule and Trust Factor is his latest book. It's really the science of creating high performance companies. Paul has spent years measuring brain activity while people worked in order to measure the factors that effect the way people interact. One of the main takeaways from these studies shows that trust substantially increases productivity, performance and happiness at work. In a environment where trust is high teamwork is great, people cooperate and are more effective overall. You may want to give this one a couple listens because it is packed with tons of information and stories from Paul’s years of experience. What You’ll Learn: How to create a high trust company How to find that resonant story for your consumer Why attention isn’t everything when it comes to your story The eight building blocks for organizational trust http://www.pauljzak.com/ ofactor.com Hosted on Acast. See acast.com/privacy for more information.