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Critical Thinking for Financial Professionals

Friday, April 18
 9:00am - 10:00am

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1.00 Credits

Member Price $55.00

Non-Member Price $75.00

Overview

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 someone rationalize it as a choice other people would make under the same circumstances. This session will discuss the common decision-making errors people make and to help you avoid making these blunders yourself. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives

Gain insights that will help you, and your management team make better decisions.

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

6 Tips for making better decisions

Designed For

All professionals at every level

Prerequisites

Some background in logical thinking is helpful

Preparation

None

Notice

You will receive an email from CPA Crossings via Webex with instructions to access the webinar.

Leader(s):

Leader Bios

John Daly, Executive Education, Inc.

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 automotiv 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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Non-Member Price $75.00

Member Price $55.00