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Banking Essentials - Part I
This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.
Greenwashing
Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.
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Tackling the Cost of Living Crisis
In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.
CSR and Sustainability in Financial Services
In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.
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Mark Homans
Our sky high NPS following learner feedback speaks for itself - this platform has delivered a lot of value.
Fiona Quinn
Learning is accessible and the tool assists in the continued development of all our employees. It is a fantastic tool for our business!
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Categories
Discover our Courses
Featured Pathways
More pathways
Banking Essentials - Part I
This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.
Greenwashing
Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.
More pathways
Ready to get started?
Plans & Membership
Find the right plan for you
Our Platform
Expert led content
+1,000 expert presented, on-demand video modules
Learning analytics
Keep track of learning progress with our comprehensive data
Interactive learning
Engage with our video hotspots and knowledge check-ins
Testing & certification
Gain CPD / CPE credits and professional certification
Managed learning
Build, scale and manage your organisation’s learning
Integrations
Connect Finance Unlocked to your current platform
Featured Content
More featured content
Tackling the Cost of Living Crisis
In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.
CSR and Sustainability in Financial Services
In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.
More featured content
Ready to get started?
Our Solutions
About Us
Testimonials
More testimonials
Mark Homans
Our sky high NPS following learner feedback speaks for itself - this platform has delivered a lot of value.
Fiona Quinn
Learning is accessible and the tool assists in the continued development of all our employees. It is a fantastic tool for our business!
More testimonials
Ready to get started?
The Three Categories of Unintended Consequences
Paul Orlando
25 years: Systems specialist
In this video, Paul talks us through the three main categories of unintended consequences, i.e., "Unexpected benefits", "Unexpected drawbacks" and "Perverse results"
In this video, Paul talks us through the three main categories of unintended consequences, i.e., "Unexpected benefits", "Unexpected drawbacks" and "Perverse results"
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The Three Categories of Unintended Consequences
10 mins 45 secs
There are three categories of unintended consequences. The unexpected benefit, which is a positive but unplanned outcome, The unexpected drawback, in which we create a problem that is apart from the problem we wish to solve, And perverse results, wherein in trying to solve a problem, we actually make it worse.
Key learning objectives:
Understand the three main categories of unintended consequences
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What are the three main categories of unintended consequences?
- Unexpected benefits - With this category of unintended consequence no second-level thinking is involved. Once we notice the outcomes, those outcomes should be direct and predictable. We can often make these so-called “unexpected benefits” happen again if we take the same actions. Unexpected benefits of some sort are impossible to not find as long as you think broadly and creatively. They are simpler to understand, perhaps, because the benefits created often do not involve the actions of people.
- Unexpected drawbacks - This type of unintended consequence occurs when the goal was to improve “A” and we later learn that in the process, we made “B” worse. These are also referred to as “externalities.”
- Perverse results - ‘Perverse Results’ happen when our goal was to improve “A” but we actually make “A” worse. These are often the most frustrating category of unintended consequences.
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Paul Orlando
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