Duration:
Self-study or classroom training
Description:
The 50-Minute Manager Series was designed to cover critical business and professional development topics in the shortest time possible. Our easy-to-read,
easy-to-understand format can be used for self-study or classroom training, or even office training. With a wealth of hands-on exercises, the 50-Minute
books keep you engaged and help you retain critical skills.
The critical skills taught in this book will help you find working solutions for complicated problems, determine how much risk is acceptable in a
situation, learn a process for moving from decision to action, and handle risk with more awareness, skill, and confidence. Decision making always involves
some level of risk. Learning the necessary skills to assess and minimize the uncertainty can remove some of the possible damage and fear involved in taking
risks. This book presents an array of techniques to analyze and deal with risk, using checklists, exercises, and questionnaires to help you understand your
own comfort levels with risk and how you can approach it with greater confidence.
Table of Contents:
Understanding Risk Taking
Overview
Guiding Principles
Part 1: Exploration
Step 1: Clarify Objectives and Values
Step 2: Identify and Evaluate Alternatives
Step 3: Assess Your Risk-Taking Tendencies
Part 2: Planning and Preparation
Step 4: Choose a Change Strategy
Step 5: Choose a Decision-Making Strategy
Step 6: Improve Reward/Risk Ratio
Part 3: Implementation, Follow-Up, and Learning
Step 7: Overcome the Barriers to Appropriate Risk Taking
Step 8: Take Action, Evaluate Outcomes, and Follow Up
Part 4: Summary Review
Other Resources