Innovation management process is: A systematic approach for generating, prioritizing, evaluating and validating new ideas, as well as putting them into practice.
Economy
How Cognitive Bias Affects Your Business
12/16/2020
Human beings often act in irrational and unexpected ways when it comes to business decisions, money, and finance. Behavioral finance tries to explain the difference between what economic theory predicts people will do and what they actually do in the heat of the moment. Often times, this involves spotting the flaws in various strategies.
How Investors Suffer From Confirmation Bias
12/16/2020
Last month I had the pleasure of speaking at the Midwest Private Wealth Forum in Chicago on a range of equity market topics. One of my favorite questions asked was: "What is the biggest mistake you see investors making?"