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

Download or read book Ending the Management Illusion: How to Drive Business Results Using the Principles of Behavioral Finance written by Hersh Shefrin and published by McGraw Hill Professional. This book was released on 2008-06-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of Beyond Greed and Fear puts behavioral concepts into corporate practice Psychologically smart companies manage both the pluses and minuses of human psychology through well-structured systems and processes. In Ending 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.