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Podcast Interview on 401(k) Plans and Behavioral Finance Trends

Steve Shu Consulting

Save(d) by Design Loss Aversion Calculator (personalized finance tool) Personalized Pension statement Personalized video technology with live action.

Finance 150
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Behavioral Economics and Behavioral Finance Manifesto

Steve Shu Consulting

As 2014 comes to a close, I’ve been reflecting on various books, presentations, research, tools and solutions, software and applications that I’ve been involved with and organizations I’ve been consulting to over the years. Behavioral Economics General Management Innovation Behavioral Finance Behavioral Science Nudge'

Finance 186
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How Generative AI Will Transform Knowledge Work

Harvard Business

New generative AI-enabled tools are rapidly emerging to assist and transform knowledge work in industries ranging from education and finance to law and medicine. Companies are starting to introduce generative AI-powered innovations into their processes, and to promulgate policies on how to use the tools safely.

Tools 98
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Rule of Thumb #2: Use Behavioral Lenses to Innovate and Adapt to Changes

Steve Shu Consulting

this legislation covers finance and retirement-related considerations. Defaults are an important tool within the realm of choice architecture and have shown to have big impacts on people’s choices (Carroll et al., “Beyond nudges: Tools of a choice architecture.” We talked about the recently passed Secure Act 2.0

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The Emerging Spend Management Sector: Simplifying Your Accounting Processes

Speaker: Spencer Falbo, Principal at Kong Basile Consulting

Unfortunately, these tools have resulted in time-consuming processes that require manual gap filling, slow the month-end close, and leave accounting and leadership teams without much-needed visibility and control. What impact this type of software has on accounting and finance teams.

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What Will It Take to Make Finance More Gender-Balanced?

Harvard Business

It is no wonder we came to fear our gender would keep us from achieving the same level of success as our male peers in finance. We turned to those most able to effect change in finance: the professionals actively working in the field. Family-friendly policies alone may not be enough to drive change in gender equality in finance.

Finance 39
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Is Behavioral Economics Used in Business?

Steve Shu Consulting

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. Here are a few examples of how the field of behavioral economics has touched business in my corner of the world relative to behavioral finance: Voya Financial – [link].

Mercer 186