You are what you risk

Calm risk management is a priceless asset in these uncertain, hard-to-read times. It’s possible to learn how to improve your risk assessment and avoid being thrown off balance by your emotions, cognitive biases, and prejudices –provided you know yourself well enough.

Why, when faced with the health crisis, were some people able to put the danger in perspective, while others overprotected themselves, and still others acted irresponsibly? Why, in general, do some people manage to temper their apprehensions while others panic at the prospect of failure? Your relationship to risk is specific to you, but you can better control it by analyzing its internal mechanisms to make more levelheaded choices in a volatile environment.

Based on

You are what you risk
Michele Wucker (Pegasus Books, avril 2021).

Your relationship to risk is a personal construct

Risk is highly subjective. In itself, it’s neutral: You are the one who gives it a positive or negative value. For some people, risk represents a threat, a destabilizing phenomenon to be avoided at all costs; for others, risk is stimulating and synonymous with opportunity.

Published by Marianne Gerard

Marianne graduated from HEC in 1998 and is now a freelance journalist specializing in management and higher education. What really fires her up is the human dimension and she is c taking a psychology course at Rennes 2 University. 

You are what you risk

Your relationship to risk is a personal construct

5 reasons to invest in long-term maintenance (instead of breaking what you have to innovate)

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