Webcast: Critical Thinking for Financial Professionals
146 | Webcast | Intermediate | Scheduled
Description
What were they thinking? Why do business leaders sometimes make horrible decisions that severely damage themselves and their organizations? It is tempting to assume that poor choices must be due to someone's incompetence, inexperience, bad character or low intelligence. Yet, when we make a mistake ourselves, we sometimes rationalize it as a choice other people would make under the same circumstances. This session will discuss the common decision-making errors people make to help you avoid making these blunders yourself.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.00 | Accounting |
Designed For
All professionals at every level
Prerequisites
Some background in logical thinking is helpful
Highlights
Two systems of thinking:
- System 1
- System 2
How cognitive bias can cause you to make bad decisions:
- Anchoring
- Availability
- The Dunning-Kruger effect
- The Ikea effect
- The rhyme as reason effect
- Substitution
Six tips for making better decisions
Objectives
Gain insights that will help you and your management team make better decisions
Prices
- Member (Early Bird)
- $49.00
- Non-Member (Early Bird)
- $79.00
- Member
- $49.00
- Non-Member
- $79.00
Instructors
John L. Daly, MBA, CPA, CMA, CPIM
John L. Daly, MBA, CPA, CMA, CPIM, has been a professional speaker since 1995. He seeks to make every session lively, informative and fun using a combination of case discussion, lecture and peer-to-peer interaction. John has presented in 46 states and 5 provinces on topics that include Accounting, Finance, Management, Software and Ethics. He began presenting ethics two weeks before the Enron scandal broke.
John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of Pricing for Profitability, published by Wiley & Sons, as well as numerous professional articles.
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