Rationality and intuition play a significant role in decision-making processes under risk. Based on neuroscientific research, HGS has designed a training course for risk decision-makers and corporate executives.
Have the company's processes and routines been optimized? Is the technology up to date? In order to gain a conclusive advantage over competitors, decision-makers have to make the right adjustments. Successful companies recognize opportunities and make worthwhile investments, while at the same time avoiding disproportionate risks. Intelligent risk management proves to be crucial in such situations, but is often not the only deciding factor.
In the past few years, neuroscientists have gained more and more insight into which brain processes are taking place in decision-making under conditions of uncertainty. How do environmental influences and individual perceptions affect decisions? Today we know the most significant sources of sub-optimal decisions; excessive optimism is just as negative as risk avoidance due to fear of losses. In addition, people tend to overlook important details and their judgment is influenced by group dynamic processes.
Based on this research, HGS is focused on tools and methods to sharpen risk awareness and avoid perceptual errors. In October 2013??, HGS Concept GmbH was honored with the "Retail Banking Award, Security and Risk" for the integration of neuroscientific findings in training for financial managers and traders.
