As our brains are wired by nature to see change as a linear process, we make bad decisions in areas such as energy, environment, financial planning, and personal health. In this video, Professor Anderson provides examples of the shocking results from ignoring compounding. He also offers practical suggestions for expanding our thinking about the future.

Robert Anderson spent 37 years with UOP LLC where he served as managing director of several European subsidiaries, vice president of quality and productivity, and vice president of marketing. As a professor at IIT he has worked with students and faculty in entrepreneurship, with companies seeking IIT’s assistance with realworld problems, and with startup companies at IIT’s incubator. After retiring as IIT’s Director of Technology Transfer and Intellectual Property, Professor Anderson still teaches a graduate course in energy and environmental policy and another course in intellectual property and entrepreneurship.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx