Behavioural Economics Training

The programme

Programme overview

In today’s fast-evolving employment landscape, organizations must continuously adapt to maintain efficiency and effectiveness. This training course emphasizes the importance of behavioural economics as a strategic approach to optimize decision-making and talent management. Participants will learn cutting-edge techniques to enhance organizational processes, supported by real-world case studies. No prior financial or mathematical expertise is required.

Key Focus Areas:

• Adapting to significant organizational changes
• Maximizing efficiency through value-added calculations
• Developing psychological frameworks for remote workers
• Cultivating future leadership skills and organizational re-profiling
• Enhancing talent management and ensuring job satisfaction
• Prioritizing emotional well-being in the workplace

Who should attend

Who is this programme for?

• Researchers
• R. Personnel
• Policy Makers
• Organisational Development Specialists
• Mid to Senior-level Managers
• Workforce Planners
• Talent Specialists
• Managers embracing new leadership skills

Learning outcomes

What you will learn

By the end of Behavioural Economics Training course, participants will:

• Calculate and demonstrate the value of remote working
• Analyse and present a case for organizational rightsizing
• Practice behavioural profiling using O.C.E.A.N.
• Understand and explain key leadership skills
• Design strategies for a rapidly changing environment
• Integrate the link between ability, personality, and performance
• Show financial benefits of employing and retaining talented employees

Explore the programme

Detailed programme outline

Module 1: The Significant Challenges for Organisations

• Introductions and program objectives
• The role and limits of AI
• Game changers in employment
• Handling relentless change
• Calculations for maximizing efficiency
• Costs of poor performance

Module 2: The Vital Role of Behavioural Economics – Its Link with Ability and Success

• Personality measurement using OCEAN profilers
• Profiling for remote working efficiency
• Financial and economic benefits of remote working
• Global employment trends

Module 3: Maximising the Organisation’s Resources

• Enhancing decision-making with Behavioural Economics
• Understanding and implementing rightsizing
• Valuing talented employees
• Techniques for paying and retaining talent
• Motivating key employees in the current environment

Module 4: Behavioural Economics – The Critical Role of New Leadership

• The end of traditional management
• Changing leadership qualities with behavioural economics
• Six critical leadership skills for organizational change
• The “Conductor” approach to senior management
• Skill rating and development

Module 5: Producing Results to Measure the Value of Change

• Evaluating the value of remote workers
• Productivity improvement in talent-focused organizations
• Effectiveness improvements through organizational design
• Cumulative value of a Behavioural Economics approach
• Future actions and planning

Learning approach

How you will learn

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.