Risk is always a factor when making important business decisions. A series of questions run through your mind:
- Have you weighed up the evidence correctly?
- Have you generated the best options available?
- Do you have the right resources?
- Have you made the right choice?
- Will there be unintended consequences?
In an increasingly volatile, uncertain, complex and ambiguous world, the need to assess and take intelligent risks could not be more pressing.
To explore this issue and provide a useful guide, Kaplan’s Head of Leadership & Organisational Performance, Dr Ian Stewart, has produced a new substantive whitepaper on Risk Taking and Problem Solving.
The intelligent risk taker knows how to conduct a technical assessment of a risk. But they also know themselves and their environment. Ultimately, a professional’s ability is judged by the decisions we make when confronted by a complex problem.
The purpose of this Kaplan whitepaper is to offer some new perspectives and encourage further personal study and professional development. This is by no means an exhaustive or complete study of what is an enormous and complex area; however, it explores problem solving at the levels of the individual, the team and the organisation.
At Kaplan we believe that the central skill that underpins and informs professional effectiveness is decision making and to develop this should be the ultimate aim of any Professional Development Programme.
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How risk averse are you? Download the full whitepaper by taking our quick risk taking quiz.