Using Behavioral Economics in Decision Making

In this episode, we continue to explore the hot topic of what the workplace will look like in the coming months and years. Many business leaders are making decisions based on their past experiences, their individual leadership styles, and their beliefs about what the world of work SHOULD look like. In other words, they’re “following their gut.”But in doing so, it seems to me that they risk making decisions based on outdated paradigms, personal biases, and the fear of change.Mike and Agnes discuss the impact of behavioral economics on business leaders’ decision making, how our brains are not designed for modern planning scenarios, and how to overcome our penchant for short-term thinking.About our Guest:Agnes Vishnevkin, MBA, has over 15 years of helping leaders achieve their top priorities through successful decision making and risk management. She serves as the co-founder of Disaster Avoidance Experts, a future-proofing consultancy that helps forward-looking leaders avoid dangerous threats and missed opportunities.http://disasteravoidanceexperts.comGood Morning, HR is brought to you by Imperative—premium background checks with fast and friendly service. For more information about our commitment to quality and excellent customer service, visit us at imperativeinfo.com.If you are an HRCI or SHRM-certified professional, this episode of Good Morning, HR has been pre-approved for half a recertification credit. To obtain the recertification information for this episode, visit goodmorninghr.com.