Career Advancement Programme in Behavioral Economics for Human Resources
Published on June 23, 2025
About this Podcast
HOST: Welcome to our podcast, today we're talking with an expert in Behavioral Economics and Human Resources. Can you tell us a bit about the course you're teaching, "Career Advancement Programme in Behavioral Economics for Human Resources"? GUEST: Absolutely, this program is designed to help HR professionals understand decision-making biases and how they impact areas like employee engagement, recruitment, and performance. HOST: That sounds fascinating! How have you seen these concepts applied in real-world scenarios? GUEST: Well, for instance, nudging techniques can be used to encourage healthier choices among employees, such as opting for exercise or wellness programs. HOST: Interesting! And what about incentive design? How does that fit into all of this? GUEST: Incentive design is crucial. It's about structuring rewards and recognition systems to motivate employees in ways that align with organizational goals. HOST: Could you share any challenges you've faced when teaching or implementing these strategies? GUEST: Sure, one common challenge is overcoming skepticism. Some people are initially skeptical about the effectiveness of behavioral economics, but once they see the results, they usually become believers. HOST: Where do you see the future of behavioral economics in HR heading? GUEST: I believe it will become integral to strategic HR functions. As more organizations realize its potential, we'll see wider adoption of behavioral economics principles in talent management. HOST: That's exciting! Thank you so much for joining us today and sharing your insights. To our listeners, remember that you can enroll in this transformative course and unlock your leadership potential!
