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Katy Milkman on How to Change

Aug 17, 2021

Katy Milkman, a Professor at The Wharton School and co-director of the Behavior Change for Good Initiative, discusses her book on transforming habits. She reveals how to balance stubbornness with flexibility in change. Enjoyable goals can drive persistence, while tailored strategies help navigate internal conflicts. Milkman explains the power of small rewards and examines how intrinsic and extrinsic motivations intertwine. Finally, she underscores that change is non-linear, emphasizing self-compassion and the role of fresh starts in personal growth.

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INSIGHT

Tailored Behavior Change

Avoid one-size-fits-all strategies for behavior change.
Diagnose specific obstacles holding you back and tailor your approach accordingly.

ADVICE

Boosting Confidence

Boost confidence by reflecting on past successes and offering advice to others.
Giving advice helps solidify your own understanding and encourages you to follow through.

INSIGHT

Impulsivity and Present Bias

Impulsivity (present bias) is a major obstacle to change.
We overvalue immediate gratification and undervalue future consequences.

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Katy Milkman is a Professor at The Wharton School of the University of Pennsylvania, host of Charles Schwab’s popular podcast “Choiceology with Katy Milkman”, which explores key lessons from behavioral economics about decision making, and the former president of the Society for Judgment and Decision Making. She’s also the co-founder and co-director of the Behavior Change for Good Initiative.

In this episode, Eric and Katy discuss her book, How to Change: The Science of Getting from Where You Are to Where You Want to Be.

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In This Interview, Katy Milkman and I Discuss How to Change and …

Her book, How to Change: The Science of Getting from Where You Are to Where You Want to Be
The biggest barriers to change (and how to overcome them)
The importance of recognizing the choices you’re making when you’re actually making them
The benefit of making it fun to do what’s needed to accomplish goals
How to combine intrinsic and extrinsic motivation to maximize the benefit
The non-linear nature of change
The key to sustained habits
How important it is to apply both flexibility and discipline to habits

Katy Milkman Links:

Katy’s Website

Twitter

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If you enjoyed this conversation with Katy Milkman, you might also enjoy these other episodes:

Tiny Habits for Behavior Change with BJ Fogg

Behavior Change with Dr. John Norcross

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