Taking Smart Risks

Purpose:
Leading for Performance-Taking Smart Risks (LFP-TSR) teaches managers a three-part process for successful risk taking:

  1. Identify risk actions
  2. Analyze
  3. Develop risk protection.

Each part of the process uses real-life examples that participants bring along with them, so each lesson taught is more meaningful and useful.

Process:
At the completion of this course, participants will be able to:

  1. Apply a systematic process to recognize opportunities where taking a risk may be an opportunity
  2. Apply a 4-step process (see model above) to analyze a risk, with a view of stakeholders and intuition
  3. Develop “insurance” to minimize the downside with a systematic risk protection plan

    4. Payoff:
    Participants are better able to make sound risk decisions and avoid costly mistakes caused by a poor decision making process.

    Target Audience:
    Anyone responsible for making sound risk decisions.

    Program Duration:
    1/2 Day

    Additional Information:
    Leading for Performance — Taking Smart Risks Overview