Financial literacy is clearly a major element in the area of Financial Wellness. Several years ago we came to the realization that there are certain Organizational Development concepts that needed consideration. Douglas McGregor’s famous distinction between Theory X and Theory Y in his hugely influential 1960 book, The Human Side of Enterprise (McGraw-Hill) was a key component in our thinking.
The most potent practical application of Theory Y appeared in Dr. W. Edwards Deming’s 1992 book, System of Profound Knowledge. He successfully highlighted for us the significance of Theory Y as he referred to the process of converting the extrinsic rewards of work and career to intrinsic rewards that cause employee’s efforts to align with corporate business goals for a more successful cultural change.
Click here for a more in depth discussion that connects the above notions to the need for Financial Literacy.
Testimonials
So detailed and many faceted! The connectivity factor is critical, everything must work together.
It is clear now that financial planning is required for financial security and for peace of mind. We had plans before but not this detailed.
I feel that with a small amount of discipline I can be financially secure for life. It’s a good feeling!
I believe I can now perform my job with less stress by realizing that I am on solid ground financially.
I feel better about my 401(k) plan. I wish I had been offered this course when I started my career.
I had never taken the time to understand what I was doing with my money, now I realize the importance of putting a plan together for my retirement.
I feel more confident that I have control over my finances, that I can ride out and adjust to factors that are not in my control.
The methodology is logical and just like the approach an engineer uses when a system is designed. Financial planning is not just stocks and bonds. Cygnet is a quality organization as demonstrated by their understanding of GM’s plans and the comprehensive nature of their models.
I’m amazed that my current level of income plus modest raises will give me my financial freedom. I must have a pretty good job.
I am more appreciative of my job and the benefits it provides, including the opportunity to attend this class.
Financial Literacy White Paper
Financial literacy is clearly a major element in the area of Financial Wellness. Several years ago we came to the realization that there are certain Organizational Development concepts that needed consideration. Douglas McGregor’s famous distinction between Theory X and Theory Y in his hugely influential 1960 book, The Human Side of Enterprise (McGraw-Hill) was a key component in our thinking.
The most potent practical application of Theory Y appeared in Dr. W. Edwards Deming’s 1992 book, System of Profound Knowledge. He successfully highlighted for us the significance of Theory Y as he referred to the process of converting the extrinsic rewards of work and career to intrinsic rewards that cause employee’s efforts to align with corporate business goals for a more successful cultural change.
Click here for a more in depth discussion that connects the above notions to the need for Financial Literacy.
Testimonials