La Cible

Mai 2015

La Cible, magazine officiel de l’IQPF, est destinée aux planificateurs financiers et leur permet d’obtenir des unités de formation continue (UFC). Chaque numéro aborde une étude de cas touchant les différents domaines de la planification financière.

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23 FEATURE ARTICLE Operation Definition Example Cancellation If several options have an aspect in common, this shared aspect is eliminated. On a given road, there is a 1% risk of being injured in an accident and a 10% risk of being killed by a shooter. Another road has a 10% risk of being killed by a shooter and a 20% risk of being attacked and robbed. The risk of being killed by a shooter will be ignored and the decision will be based on a consideration of the other risks. * Each option is evaluated separately (in isolation from the other options). obliged to carry out rapid-fire editing operations that lead to a result – which will be the basis of their subsequent decisions – that does not truly reflect the risks they will be exposed to. What we need to understand, here, is that when clients consciously analyze the options presented to them, they do so with data that are different from the data in front of them. Their brains have already organized the information to make it easier to evaluate and allow them to make a decision. Every meeting with a client should be structured so that the information is picked up in a logical sequence, using communications tools that facilitate understanding, such as diagrams, graphs or data sheets that summarize important points. Offering yet more options only increases the client's need to simplify, so you should also avoid inundating them with possibilities: just offer the options that are the most attractive for their situation. The real challenge is finding the right balance between the quantity of information we want to pass along and the quantity the client is capable of absorbing to make an informed choice! By gaining a better understanding of how information is "edited" – that is, absorbed and classified by our clients – we can communicate with them more effectively. In the next issue of La Cible, we will look at the value given to each piece of information, once it is edited. Despite its utility, this unconscious process can lead to problems, such as deciding that an option with a very low probability is actually impossible and therefore eliminating it. This mental task can be exhausting for someone who is asked to absorb great quantities of information in very little time. The result of the triage will also differ from one person to the next, because the way of presenting the data and the characteristics of each individual influence the coding, as well as the brain's capacity to carry out some of the operations described above. A huge onslaught of information increases the need to manipulate the data in the editing phase. This means it is better to avoid subjecting clients to mental gymnastics sessions where they are

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