The Supply Chain Dialogues - Podcast
S03E09 - Planet - Bias Busters: Unpacking Psychology to Power GHG Reductions
Have you ever wondered why so many of us acknowledge the reality and impact of climate change on future generations yet struggle to take sufficient action?
In this episode of "The Supply Chain Dialogues," Daniel Helmig and AI co-host AImee explore how human psychology affects our response to climate change. They discuss cognitive biases like the immediacy bias and the Dunning-Kruger effect and how these can impede effective climate action. Drawing on insights from the late Daniel Kahneman and other experts, the episode uses behavioural science to foster sustainable habits and policies. They highlight real-world examples of how businesses and governments can use social norms and incentives to promote environmentally friendly practices. Please tune in to learn how psychology can help us better tackle climate challenges.
S02E13 - Profit - Supply Chains in M&As: the invisible gorilla
In drawing upon the iconic social science study conducted at Harvard, known as the Invisible Gorilla Experiment, we can relate it to the context of Mergers & Acquisitions and supply chains.
Just as participants in the experiment would throw high-speed balls at each other, members of the management board and their M&A team and banks engage in a fast-paced exchange of ideas and actions. Throughout this process, the supply chain, which we refer to as the metaphorical gorilla in our scenario, remains ever-present yet unnoticed and unheard in the background.
Failing to acknowledge or scrutinize the influence of this "ape" during the due diligence phase can only be viewed as a grave oversight, bordering on negligence. The supply chain can exert positive or negative implications on any manufacturing firm's overall success.
In this episode, Daniel and AImee show how to make the gorilla visible.
Enjoy!