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Ending the Management Illusion: How to Drive Business Results Using the Principles of Behavioral Finance

9780071494731

Ending the Management Illusion: How to Drive Business Results Using the Principles of Behavioral Finance

  • ISBN 13:

    9780071494731

  • ISBN 10:

    0071494731

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 05/21/2008
  • Publisher: McGraw Hill
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Summary

The bestselling author ofBeyond Greed and Fearputs behavioral concepts into corporate practicePsychologically smart companies manage both the pluses and minuses of human psychology through well-structured systems and processes. InEnding the Management Illusion, behavioral finance pioneer Hersh Shefrin addresses the biases that can take you or your organization off course and shows how to run psychologically smart businesses-specifically as it affects your bottom line.Shefrin explores the psychological barriers you experience, and delivers concrete debiasing techniques for breaking through these barriers. This allows you to integrate your processes for accounting, planning, incentives, and information sharing-the main elements for optimizing corporate value.

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