Developed in response to intense client demand, our Executive Access series of short programs provides you with immediate, actionable insights in an accessible format. The next program in the series is Cognitive Biases in Executive Decision Making, taught by Joe Timko, executive in residence at Columbia Business School and behavioral economics expert.
 

Date: March 11, 2021
Time: 12–3 p.m. ET
Fee: $450
Format: 3 hours, live online

 
This program earns 1/2 a certificate credit. Learn more.
Participants of our Executive Access series also receive a $450 credit towards any future multi-day executive education program.

Program Overview

Are you an unbiased leader? Do you make rational decisions based on the information available and your best judgment? Or are you perhaps suffering from the anchoring effect, hindsight bias, planning fallacy, and confirmation bias? Every day in your career, you may be taking actions and making decisions that are based in part on perceptions and beliefs of which you are completely unaware. In this program, you’ll find out about the dangers of these cognitive biases, practice how to recognize them in yourself and others, and learn about proactive interventions to counteract them.

The three-hour virtual program features an eye-opening exercise, hands-on advice from the C-Suite, insights from real-life business situations, and group discussions.

Learning Outcomes

✓ Learn how cognitive biases operate in each of us

✓ Understand why biases can be detrimental to decision making and incur real costs, including monetary costs, decreased shareholder value, and negative career impact

✓ Identify and reflect on biases you've seen in your own workplace

✓ Practice how to recognize biases in yourself and others

✓ Internalize actionable ways to intervene against biases and receive advice for dealing with them in the future

Topics

• Biases you will see in executive decision making and how to intervene against them
• Online bias quiz
• Expert interview with Eric Johnson, the Norman Eig Professor of Business at Columbia Business School, about the origins, growth, and rising influence of behavioral economics on business
• Expert interview with Vicki Morwitz, the Bruce Greenwald Professor of Business at Columbia Business School, about the intersection of biases with marketing and pricing

Schedule

» Download the program schedule here.

Faculty

Joe Timko
Adjunct Associate Professor and Executive in Residence
Columbia Business School

Joe Timko is a former McKinsey & Co partner who worked in telecom communications equipment and services, IT software and services, industrial controls, and chemicals for 13 years. In 2010, he moved to the corporate sector where he served as Chief Strategy Officer for two Fortune 500 companies. More recently, he spent 3 years in the Americas advisory strategy practice of Ernst & Young.

At Columbia, Timko teaches popular courses on Managerial Decision Making and Succeeding as a Consultant. His passion for behavioral economics was ignited in 2011 when he read Thinking Fast and Slow, which has fundamentally changed the way he thinks about business interactions.

Questions?

Please contact our Learning Solutions team at [email protected].