Ttc Video Critical Business Skills

Contrary to what you may have heard, great leaders aren't born. They're made. The ability to effectively lead teams, transform entire organizations, and achieve ambitious goals comes not from an inherent set of personality traits but from the mastery of a specific set of skills essential to the success of leaders at many levels and in many fields.

Economies are deeply complex systems. The global marketplace—even national, state and local economies—involve many economic actors behaving in rational and irrational ways, sustaining a dizzying array of interconnected activity. Because of the number of participants involved in this global exchange, the unpredictability of their actions, and the sheer variety of possible actions, some degree of economic uncertainty is inevitable.

Behavioral economics is the scientific study of decision making, and of the related topics of valuation, exchange, and interpersonal interactions. Drawing on methods from psychology, sociology, neurology, and economics, this remarkable discipline illuminates one of the most deeply fundamental activities of human existence: the decision process.