Impact on the Organization
Every business must take risks. Winning businesses know how to take smart risks. This program presents a systematic framework for intelligently evaluating risk and making better decisions. Participants first gain insight into their own tendencies to welcome or avoid risk. Next, building on this deeper personal understanding, they learn proven strategies for improving every decision that involves risk. One step at a time, they learn how to diagnose issues, assess the risk associated with various options, plan and prepare for decisions, and make decisions that can be successfully implemented.
Learning Objectives
- Assess your personal willingness to take risks
- Master a systematic framework for assessing risk and optimizing risky decisions
- Handle all forms of risk with greater awareness, skill, and confidence
- Improving the reward/risk ratio to get better results
Program Description
Participants assess their own risk-taking tendencies using the proven Risk Taking Inventory & Guide. Risk-averse individuals learn how to recognize opportunities worth pursuing and risks worth taking. Risk-seekers learn to recognize and avoid unnecessary vulnerabilities – both individually, and on behalf of their organizations. By embracing both decision theory and the latest insights into human behavior, this program offers a framework that works for decision makers at every level of the organization.
Time Investment
Typically 4 hours
Customization
This program can be customized to reflect your organization’s procedures, policies, cases, examples, and terminology. Please inquire about these optional consulting services.