Behavioural Economics Training

Behavioural Economics Training

Decision-Making, Talent Management, and Leadership Skills for Adapting to Change

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Platform:
Online
In-class
Revised and Updated: 07 October 2026
Date Venue Duration
16 - 20 November 2026 Sandton, Gauteng 5 Days
15 - 19 February 2027 Sandton, Gauteng 5 Days
19 - 23 April 2027 Sandton, Gauteng 5 Days

Course Introduction

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

 

Key Focus Areas

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

Course Objectives

By the end of this Behavioural Economics Training course, participants will be able to:

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

Who should attend?

  • Researchers and HR Personnel
  • Policy Makers
  • Organisational Development Specialists
  • Mid to Senior-Level Managers
  • Workforce Planners
  • Talent Specialists
  • Managers embracing new leadership approaches
Technical courses

Training Methodology

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.

Training Outline

Day 1 — The Significant Challenges for Organisations
  • Introductions and programme objectives
  • The role and limits of AI in organisational decision-making
  • Game changers in employment
  • Handling relentless change
  • Calculations for maximising efficiency
  • The costs of poor performance

Day 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

Day 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

Day 4 — Behavioural Economics: The Critical Role of New Leadership
  • The end of traditional management
  • Changing leadership qualities through a behavioural economics lens
  • Six critical leadership skills for organisational change
  • The 'Conductor' approach to senior management
  • Skill rating and development

Day 5 — Producing Results to Measure the Value of Change
  • Evaluating the value of remote workers
  • Productivity improvement in talent-focused organisations
  • Effectiveness improvements through organisational design
  • The cumulative value of a behavioural economics approach
  • Future actions and planning

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FAQs – Behavioural Economics Training

Master behavioural economics principles, learning cognitive bias analysis, decision-making psychology, choice architecture, consumer behaviour insights, and nudge theory applications to optimize organizational strategies and policy design.

What is covered in the Behavioural Economics Training Course?
The course covers psychological drivers of economic decision-making, cognitive biases, prospect theory, choice architecture, nudge theory, consumer behaviour analysis, and practical strategies for applying behavioural insights in business and policy.
Who should attend the Behavioural Economics Training?
This training is ideal for business leaders, marketers, product designers, policy makers, financial analysts, risk managers, and strategy professionals looking to understand and influence human decision-making processes.
How does behavioural economics differ from traditional economics?
While traditional economics assumes individuals always make rational, utility-maximizing choices, behavioural economics incorporates psychological insights to explain how emotional, social, and cognitive factors cause people to make irrational decisions.
Will delegates learn how to apply "Nudge Theory" in business contexts?
Yes. Participants learn how to design choice environments (choice architecture) that subtly guide customers, employees, or stakeholders toward preferred decisions without restricting their options.
Does the program include practical applications for marketing and product design?
Yes. The course provides real-world case studies and practical frameworks showing how pricing strategies, product positioning, and communication campaigns leverage cognitive biases to drive engagement and sales.
Why is behavioural economics valuable for organizational strategy?
Understanding behavioural drivers helps organizations create more effective customer experiences, improve employee performance and compliance, optimize product pricing, and reduce strategic missteps caused by cognitive bias.

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