Podcast
Bank Notes
Hosted by Federal Reserve Bank of New York · EN
Bank Notes takes listeners deeper into insights and analysis from the New York Fed, told series by series.
13episodes
Episodes
Newest firstAll episodes
Veterans in the Labor Force
May 22, 202400:29:53Tap to summarizeVeterans are 22% more likely to be out of the labor force than comparable nonveterans, according to New York Fed research from May 2023. In this episode, experts working across the military-connected population speak to the reasons behind the participation gap, also debunking some of the most widely held misperceptions surrounding career paths within the military and the outcomes and experiences of military service. Additionally, they introduce listeners to educational and vocational opportunities unique to veterans and military families, and new research from the New York Fed points to developments from the past year. Information and resources from the episode can be found at nyfed.org/podcast.
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Success Through Failure: The PreMortem Method
Dec 5, 202300:43:55Tap to summarizeCognitive psychologist Gary Klein has spent his career examining how decisions get made across real-world scenarios. He is well-known for creating the PreMortem Method of Risk Assessment, an risk management exercise that helps project team members imagine potential problems upfront, rather than examining shortfalls in hindsight. In this episode, we dig into the how and why of Klein’s premortem practice, what differentiates it from other strategic tools, as well as the challenges of integrating a culture of curiosity into established ways of working.
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If No One Listens, No One Speaks
Dec 5, 202300:36:09Tap to summarizeHow can organizations avoid reinforcing mistakes or bad behavior? Why is it crucial for upper management to understand the daily realities and social norms at a localized, team-by-team level? And how might removing the pressure surrounding results actually lead to better outcomes, including meaningful systemic improvements? In this episode, behavioral risk expert Wieke Scholten walks us through the ins-and-outs of turning negative events into positive opportunities for learning.
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