Must-read Wharton Faculty Authors: How Successful People Think | Katy Milkman— Ripple Effect Podcast

Knowledge at Wharton

Episode Description

EPISODE OVERVIEW Wharton’s Katy Milkman uses science to unlock the secrets of how to make lasting behavioral changes, which she shares in her latest book.

PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research — but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Topics and questions covered: 00:00 - Introductions 1:25 - Discussing the book “How Successful People Think” 3:16 - The mindset of New Year’s Resoluitions 8:02 - The ‘Mary Poppins Approach’ 11:28 - Combatting ‘Flakeout’ 15:00 - Understanding laziness 18:36 - The power of habits 21:06 - Exciting work in behavior change

Learn more at http://whr.tn/rippleeffect.

#behavioralscience #behavioraleconomics #behavioralchange #habits #healthyhabits ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

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Brief Summary

Kevin Volpe and Katie Milkman discuss behavior change, the Fresh Start effect, and strategies for achieving lasting change in this episode.

Key points

  • The Ripple Effect Podcast. Join Dan Looney as he explores groundbreaking research from Wharton faculty.
  • Mary Poppins Approach to Change. Katie Milkman explains how making change enjoyable can lead to better persistence.
  • Fresh Start Effect. Katie Milkman discusses how New Year's resolutions can create a sense of a new beginning.
  • The Power of Defaults. Setting personal and organizational defaults can significantly influence success. 'Defaulting everyone into enroll in a 401k is crucial.'
  • The Importance of Habits. Habits can simplify our lives but can also be harmful if not aligned with our goals. 'Habits can be harmful if they’re not supporting your goals.'
  • Social Networks and Behavior Change. Our social networks can greatly influence our behaviors and achievements. 'The randomly assigned college roommate you get affects your grade.'

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