Planning to Fail
Why we find it so hard to think long-term, and the fixes that can help us get better.
Why are most of us so bad at planning for the future? Whether saving for our retirement, managing workloads and deadlines, or budgeting for a major infrastructure project, we humans often fail miserably.
Is it because we're incompetent, even irresponsible? Or is there something psychological getting in the way?
We explore some of the most common planning pitfalls, from Olympic Games that go way over budget to short-term corporate incentives, and ask how individuals and businesses can avoid them.
Contributors: Peter Ayton, professor of psychology at City, University of London; Bent Flyvbjerg, Chair of Major Programme Management at the University of Oxford; and Sarah Williamson, CEO of FCLT Global.
(Picture: A woman looking out over the Grand Canyon. Credit: Getty Images)
Last on
Broadcasts
- Sat 8 Sep 2018 02:06GMT大象传媒 World Service except Americas and the Caribbean, East and Southern Africa, News Internet & West and Central Africa
- Sat 8 Sep 2018 07:32GMT大象传媒 World Service except News Internet
- Sat 8 Sep 2018 22:32GMT大象传媒 World Service except News Internet
- Sun 9 Sep 2018 02:06GMT大象传媒 World Service Americas and the Caribbean, East and Southern Africa & West and Central Africa only
In The Balance Podcast
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In the Balance
The biggest financial stories and why they matter to us all.
