The conventional way of approaching organizational performance is to separate finance and talent management and put them into separate boxes. In this compelling webcast Dr. Ted Prince of the Perth Leadership organization shows that this approach has pernicious impacts to the high performing organization. He sets out an approach based on the emerging fields of behavioral economics and behavioral finance which shows that all behaviors have a financial impact. In this view, everyone in an organization, no matter their level or job role has their own virtual P&L. It is only by taking responsibility for one's own virtual P&L that an organization can be truly high-performing.
Dr. Prince sets out a new and exciting behavioral finance model which integrates these apparently different facets into a totally new approach to organization performance.
Highlights will include:
A new model of decision-making and of financial personality
Shows how individual financial traits relate to organizational performance and valuation
Demonstrates the link between individual decision-making and organizational financial performance
Reveals how this impacts the dynamics of market evolution and competition