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Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. Back in 2010, I was part of a team that started one of the early behavioral finance centers with one of the investment manufacturing firms in the United States.

Mercer 186
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10 Must Read Books for a Business Consultant

ConsultX

Our list of highly recommended books to help you succeed as a consultant. This realistic, in-the-trenches guide offers six strategies that, when combined, give you a step-by-step approach for reaching entrepreneurial success. Conquer the Chaos - Clate Mask & Scott Martineau Crush It! Step by step, Crush It!

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The Emergent Career Strategy - Practical Considerations

CaseInterview.com

I recently wrote an article about the difference between Planned vs. Emergent Career Strategies. The emergent strategy sometimes reveals itself in the process of pursuing the original career plan. I am finding it EXTREMELY difficult emotionally to manage this pivot from 'Planned Career Strategy' to 'Emergent Career Strategy.'

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Why CEOs Can’t Dance Redux

Rick Conlow

By not dancing, CEOs cost their companies billions of dollars of lost employee innovation, productivity, and customer service. In the 1940’s, Peter Drucker praised the company for its product decentralization but criticized it, even back then, for treating employees as a feudal cost center rather than a base of knowledge and potential.

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Go Faster Alone but Farther Together

Chad Barr

LEGO: A Blueprint for Collaboration and Individual Ingenuity At the dawn of the 2000s, LEGO found itself on the brink of collapse, its brand diluted and finances in turmoil. Get your copy of my latest new books available now on my Amazon’s author page. The appointment of Jørgen Vig Knudstorp as CEO marked the turning point.

Sports 52
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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Here are some strategies to improve your financial intelligence. “Finance and accounting are very simple. .”

Finance 28
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Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. Sustainable long term success should be defined not by the immediate outcome of your actions, but by the journey and the principles that you uphold along the way.

Ethics 78