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Bank Notes takes listeners deeper into insights and analysis from the New York Fed, told series by series.

Bank Notes Federal Reserve Bank of New York

    • Wirtschaft
    • 5,0 • 1 Bewertung

Bank Notes takes listeners deeper into insights and analysis from the New York Fed, told series by series.

    When Mistakes Are Inevitable, But Not an Option with Preston Cline

    When Mistakes Are Inevitable, But Not an Option with Preston Cline

    In a high stakes environment where mistakes can be catastrophic, how can an organization plan for human error? When does shared expertise within a group prove most valuable, and when might it make more sense to foster cognitive diversity? Why do some after-action reviews successfully establish a consensus-driven vision forward, while others stir up feelings of shame, blame, and guilt? In this episode, Preston B. Cline, co-founder and Director of Research at the Mission Critical Team Institute, shares observations and best practices from working with teams in immersive, all-consuming environments where the margin for error is near zero. 

    • 52 Min.
    How to Fix What’s Not (Yet) Broken with Michael Hallsworth & Scott Young

    How to Fix What’s Not (Yet) Broken with Michael Hallsworth & Scott Young

    In this episode, behavioral science experts Michael Hallsworth and Scott Young of The Behavioural Insights Team discuss why it’s important for organizations to examine their operational frameworks and systems, in order to better assess how established processes and environments may be impacting the work of their employees. They also share recommendations for reducing overconfidence bias, overcoming entrenched ways of thinking, and fostering a culture of transparency. 

    • 43 Min.
    If No One Listens, No One Speaks with Wieke Scholten

    If No One Listens, No One Speaks with Wieke Scholten

    How can organizations avoid reinforcing mistakes or bad behavior? Why is it crucial for upper management to understand the daily realities and social norms at a localized, team-by-team level? And how might removing the pressure surrounding results actually lead to better outcomes, including meaningful systemic improvements? In this episode, behavioral risk expert Wieke Scholten walks us through the ins-and-outs of turning negative events into positive opportunities for learning. 

    • 36 Min.
    Success Through Failure: The PreMortem Method with Gary Klein

    Success Through Failure: The PreMortem Method with Gary Klein

    Cognitive psychologist Gary Klein has spent his career examining how decisions get made across real-world scenarios. He is well-known for creating the PreMortem Method of Risk Assessment, an risk management exercise that helps project team members imagine potential problems upfront, rather than examining shortfalls in hindsight. In this episode, we dig into the how and why of Klein’s premortem practice, what differentiates it from other strategic tools, as well as the challenges of integrating a culture of curiosity into established ways of working. 

    • 43 Min.
    What Our Words Say About Our Work

    What Our Words Say About Our Work

    What can natural language processing tell management teams about the priorities of their employees? Do assumptions built over time more often lead to successful or unsuccessful outcomes? Does a speaker’s choice of words carry more weight for their audience than the substance of what they’re saying? Pointing to new developments in linguistics analysis and computational learning, professors Sameer Srivastava at UC Berkeley and Amir Goldberg at Stanford deliver some cutting-edge insights. 

    • 1 Std. 17 Min.
    Forget About Trust, Try Another Perspective

    Forget About Trust, Try Another Perspective

    How can co-workers adopting each other's perspective address complex organizational problems? What are the tangible benefits to establishing a psychologically safe environment in the workplace? And why might establishing trust be irrelevant when it comes to ensuring successful collaborations? In this episode, engineer-turned-strategy consultant Per Hugander shares how he’s worked with corporate leaders to embrace so-called “soft skills” to garner solid results. 

    • 55 Min.

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