You are interviewing for a promotion to a senior management position. You have done well on...

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Finance

You are interviewing for a promotion to a senior managementposition. You have done well on the interview and are down to thefinal question. Interviewer: our company is quite concerned withhow psychological biases lead to poor investment decisions.
Prompt: If you are promoted,discuss 2-3 specific practices you will put into place to helpdebias the decision-making process of your division. How will thesepractices improve investment decisions?

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4.4 Ratings (643 Votes)

There is no right or wrong answer to this question The question also very subjective and there is no end to it I have put together my thoughts below Please go through add some more meat around them and create your own answer Decision making in my division is little biased towards using assumptions specific to the firm and not the division independently While deciding managers in my division see the return of the projects against the See Answer

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You are interviewing for a promotion to a senior managementposition. You have done well on the interview and are down to thefinal question. Interviewer: our company is quite concerned withhow psychological biases lead to poor investment decisions.Prompt: If you are promoted,discuss 2-3 specific practices you will put into place to helpdebias the decision-making process of your division. How will thesepractices improve investment decisions?