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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.

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Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Expert led content

+1,000 expert presented, on-demand video modules

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Keep track of learning progress with our comprehensive data

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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

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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.

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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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The Value of Self-Awareness I

The Value of Self-Awareness I

Caroline Gourlay

"Know thyself" as the old maxim goes. Join Caroline Gourlay as she explores two of the four elements of self-awareness.

"Know thyself" as the old maxim goes. Join Caroline Gourlay as she explores two of the four elements of self-awareness.

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The Value of Self-Awareness I

6 mins 22 secs

Key learning objectives:

  • Define self-awareness

  • Understand what self-understanding means

  • Understand what self-knowledge means

  • Identify how they can help you work more effectively

Overview:

Self-awareness is the ability to recognise and understand your own thoughts, emotions, and behaviours, and how they affect others. It is a foundational skill emphasised in leadership, emotional intelligence, and interpersonal development programs. To develop self-awareness you need self-understanding (uncovering the reasons behind your traits and behaviours) and self-knowledge (identifying recurring characteristics, preferences, strengths, and weaknesses). 

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Summary
What is self-awareness, and why is it important?

Self-awareness is the ability to recognise and understand your own thoughts, emotions, and behaviours, and how they affect others. It is a foundational skill emphasised in leadership, emotional intelligence, and interpersonal development programs. Research shows that self-aware leaders are perceived as authentic and can positively influence corporate performance.  Without self-awareness, people may lack control over their reactions, fail to understand their impact on others, and miss opportunities to collaborate effectively due to blind spots. Developing self-awareness helps you respond intentionally rather than react instinctively.

What are the first two elements of self-awareness?

  • Self-knowledge: Recognising your personal traits, preferences, and tendencies
  • Self-understanding: Exploring the deeper motivations and causes behind your feelings and actions

What is self-knowledge?

Self-knowledge is about identifying recurring characteristics, preferences, strengths, and weaknesses. For example, you might learn that you work best in the morning, need time alone to recharge, or struggle to stay productive without external deadlines. It also involves noticing how specific situations or people trigger strong emotional responses.

How can you develop self-knowledge?  

  • Observe your reactions in different situations, focusing on recurring patterns  
  • Reflect on questions like:  
    • When do you feel happiest or most productive
    • What types of people or situations energise or frustrate you?  
  • Seek feedback from trusted individuals to uncover blind spots  

This practice is not a one-time activity but an ongoing journey as your circumstances and roles evolve. 

What is self-understanding?

Self-understanding goes deeper than self-knowledge by uncovering the reasons behind your traits and behaviours. For example, you might learn that you value alone time because you’re an introvert or that a dislike of authority stems from past experiences.  

How can you improve your self-understanding?

  • Self-reflection: Take time to analyse situations that evoke strong emotions or highlight successes
  • Personality assessments: Use tools like 16 Personalities for quick insights or seek qualified professionals for robust evaluations
  • Feedback: Ask people you trust to share observations about you 

How can self-knowledge and self-understanding help you work more effectively?

  • Self-knowledge helps you identify when and how you perform best, allowing you to structure your work to align with your strengths
  • Self-understanding enables you to address the root causes of unproductive habits and adapt your responses to different situations  

Together, these elements allow you to accept your natural tendencies, build on your strengths, and create strategies to overcome challenges, making you a more effective and authentic individual.

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Caroline Gourlay

Caroline Gourlay

Caroline Gourlay is a Chartered Psychologist with over 25 years of experience in leadership development. She conducts psychological profiling for senior leaders, conducts management due diligence for private equity firms, and coaches individual leaders and leadership teams. Gourlay has worked in large corporates and the public sector, focusing on mid-sized, owner-managed businesses and professional service partnerships. She enjoys working with technical specialists to help them develop skills beyond technical excellence. Caroline also speaks and writes about psychology in the workplace.

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