Critical Thinking for Financial Professionals Webinar
PICPA Member: $49 | Nonmember: $74
Some background in logical thinking is helpful
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from email@example.com with the log-in information.
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.Learning Objectives:
Gain insights that will help you, and your management
team make better decisions.
Two Systems of Thinking
How cognitive bias can cause you to make bad decisions
- The Dunning-Kruger Effect
- The Ikea Effect
- The Rhyme as Reason Effect
6 Tips for making better decisions
John L. Daly, CPA, CMA, CPIM
Executive Education/Chelsea, Michigan
John Daly holds a BS from Denison University in Granville, Ohio and an MBA from the University of Michigan. He spent five years in Management Consulting with two national accounting and consulting firms before becoming Controller and then Vice President of Finance of an original equipment automotive parts manufacturer that saw six fold sales growth during his ten-year tenure. He has also been Chief Financial Officer of several other manufacturing companies and a large restaurant chain. He is the author of Pricing for Profitability: Activity-Based Pricing for Competitive Advantage published by John C. Wiley & Sons, and various professional articles.
Mr. Daly currently has a management consulting practice that specializes in early-stage turnarounds and pricing strategy. He also performs interim CFO engagements and sits on the boards of several for-profit and not-for-profit organizations.
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